隨著市場攀升，比特幣（BTC）鯨魚表現出約束

隨著比特幣的更正下降到本月初的$ 74,00，在最近的全球關稅戰爭中

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獅子和球員的足球價格有些柔和。每個arcu lorem，超級兒童或ullamcorper的足球仇恨。

Following Bitcoin’s correction dropping to as low as $74,000 earlier this month amid the recent global tariff war, the asset has now begun to see steady recovery with its price hovering above $85,000 after a 10% surge in the past week as President Trump’s 90-day tariff pause went into effect.

在最近的全球關稅戰爭中，比特幣的更正下降到本月初的低至74,000美元之後，由於特朗普總統90天的90天關稅暫停生效，該資產現在已經開始穩步恢復，其價格徘徊在85,000美元以上。

The announcement helped ease market concerns, contributing to renewed momentum in both equity and digital asset markets.

該公告有助於緩解市場的關注，這有助於股票和數字資產市場的新勢頭。

Related Reading: Bitcoin Holds Above 365-Day Moving Average, But Market Sentiment Remains Subdued

相關閱讀：比特幣的移動平均值以上超過365天，但市場情緒仍然柔和

Bitcoin Whales Show Restraint as Market Climbs

隨著市場攀升，比特幣鯨顯示出克制

As Bitcoin finds its footing in upward momentum, a new analysis from CryptoQuant analyst Darkfost suggests that large holders on Binance—one of the most active crypto exchanges—are responding to macroeconomic uncertainty with a cautious, but notably non-reactive, approach.

正如比特幣在向上勢頭中的基礎上，加密分析師Darkfost的新分析表明，二手持有人（最活躍的加密交換之一）對宏觀經濟不確定性做出了謹慎，但明顯的不反應，方法是對宏觀經濟不確定性的反應。

The insights were detailed in a post titled “How Are Binance Whales Reacting to Market Uncertainty?” which examined key on-chain metrics.

這些見解在題為“ Binance Whales如何對市場不確定性反應？”的帖子中詳細介紹了見解。它檢查了關鍵的鏈指標。

According to Darkfost, two primary indicators reveal the evolving behavior of Binance whales. The first, the Exchange Whale Ratio (EWR), compares the top 10 inflows to total inflows on Binance to gauge whale involvement.

根據DarkFost的說法，兩個主要指標揭示了二鯨的不斷發展的行為。首先，交換鯨比（EWR）將前10個流入與二值的總流入與規格鯨的參與度進行了比較。

A rising 365-day moving average (DMA) for the EWR reflects a growing concentration of inflows from large holders over time, indicating their stronger influence during long-term trends.

EWR的365天移動平均線（DMA）反映了大型持有人的流入越來越濃度，表明它們在長期趨勢中的影響力更強。

However, a recent decline in the 30DMA suggests reduced short-term activity. This indicates that whales may be taking a step back from active trading, neither selling aggressively nor showing signs of panic.

但是，最近30DMA的下降表明短期活性減少。這表明鯨魚可能會從積極的交易中退後一步，既不積極出售也不表現出恐慌跡象。

The second metric, Whale to Exchange Flow, analyzes the value of whale inflows to Binance over a 30-day period. Here too, the trend is down—falling over $3 billion, mirroring similar drawdowns observed during past corrections in 2024.

第二個指標交換流量的鯨魚分析了鯨魚流入在30天內的二元價值。在這裡，趨勢也下降了 - 超過30億美元，反映了2024年過去更正期間觀察到的類似縮水。

Combined, these signals suggest that Binance whales are opting to hold their positions rather than sell into current market conditions, potentially signaling confidence in longer-term prospects despite ongoing uncertainty.

這些信號結合在一起，表明，二鯨選擇持有其頭寸，而不是出售到當前的市場狀況，儘管不確定性持續不確定性，但仍可能對長期前景的信心發出信心。

Buying Strength Persists Despite Uncertain Outlook

儘管看法不確定，但購買實力仍然存在

In a related CryptoQuant post, analyst Mignolet highlighted a continued pattern of buying strength on Binance. According to the analyst, the market buy ratio—an indicator tracking the volume of market buy orders—has not only remained intact but has recently surpassed previous highs.

在一個相關的隱式帖子中，分析師Mignolet強調了持續購買強度的二元力量的模式。根據分析師的說法，市場購買比率（跟踪市場購買訂單的數量）不僅保持完整，而且最近超過了先前的高點。

This trend highlights persistent demand despite recent market corrections and volatility. The recurring nature of this pattern suggests that there is underlying buyer strength even as external macroeconomic forces, such as trade policies and regulatory shifts, continue to influence sentiment.

儘管最近的市場更正和波動性，這種趨勢仍凸顯了持續的需求。這種模式的反复性質表明，即使外部宏觀經濟部隊（例如貿易政策和監管轉變）繼續影響情緒，即使外部宏觀經濟部隊也存在基本的買方實力。

Related Reading: Bitcoin Price Rises Steadily—But Can the Rally Hold This Time?

相關閱讀：比特幣價格穩定上漲，但這次集會可以舉行嗎？

Historically, a sustained increase in the buy ratio has preceded medium-term rallies, although confirmation of a new trend will require follow-through in both price action and volume metrics.

從歷史上看，儘管確認新趨勢將需要在價格行動和數量指標上進行跟進，但在中期集會之前，買入比率持續增加。