隨著鯨魚回歸和網路活動激增，比特幣現金（BCH）反彈在望

在經歷了最近的小幅下跌之後，BCH 仍處於看漲軌道，多項指標表明反彈突破 400 美元大關可能指日可待。

Bitcoin Cash (BCH) continues to attract attention, and while it has experienced a slight dip recently, it remains on a bullish trajectory. Several indicators suggest that a rally past the $400 mark could be on the horizon. Here are three critical factors that may ignite this potential surge.

比特幣現金（BCH）繼續吸引人們的關注，雖然最近經歷了小幅下跌，但仍處於看漲軌道。多項指標表明，突破 400 美元大關的反彈可能即將到來。以下是可能引發這種潛在激增的三個關鍵因素。

1. Whale Activity Surges

1.鯨魚活動激增

Recent data from IntotheBlock highlights a 123% surge in transaction volumes exceeding $100,000 for Bitcoin Cash, totaling 1.13 million in just 24 hours. This uptick in large transactions signals a growing interest among larger investors, or “whales,” who often have the power to influence market trends.

IntotheBlock 的最新數據顯示，比特幣現金交易量超過 10 萬美元，猛增 123%，在短短 24 小時內總計達到 113 萬筆。大額交易的增加顯示大型投資者或「鯨魚」的興趣日益濃厚，他們往往有能力影響市場趨勢。

While whales—defined as entities holding at least 100 BTC or equivalent—control approximately 16% of BCH's total supply, their increased activity alone is not sufficient to drive a significant price increase. To sustain a rally, the retail market must also show robust participation.

雖然鯨魚（定義為持有至少 100 BTC 或等價物的實體）控制 BCH 總供應量的約 16%，但僅靠它們增加的活動不足以推動價格大幅上漲。為了維持漲勢，零售市場也必須展現強勁的參與度。

However, whale activity can act as a catalyst, setting the stage for further upward movement if accompanied by a broader market interest.

然而，如果伴隨著更廣泛的市場興趣，鯨魚活動可以充當催化劑，為進一步上漲奠定基礎。

2. Network Activity Surges

2. 網路活動激增

In addition to whale movements, Bitcoin Cash has seen a notable increase in network activity. The number of active addresses on the BCH network surged from 45,000 to 121,000 this week.

除了鯨魚活動之外，比特幣現金的網路活動也顯著增加。本週，BCH 網路上的活躍位址數量從 45,000 個激增至 121,000 個。

This dramatic rise indicates heightened interest and engagement from users, which could contribute to increased trading volume. An increase in active addresses is a positive sign, suggesting that more individuals are actively trading BCH.

這一急劇增長表明用戶的興趣和參與度提高，這可能有助於增加交易量。活躍地址的增加是一個積極的信號，表明更多的人正在積極交易 BCH。

This heightened activity can lead to greater volatility, which often benefits traders looking for profit opportunities. If this trend continues, it may provide the momentum needed for BCH to surpass critical resistance levels.

這種活動的加劇可能會導致更大的波動性，這通常有利於尋求獲利機會的交易者。如果這種趨勢持續下去，可能會為 BCH 提供突破關鍵阻力位所需的動力。

3. Open Interest Surges

3. 持倉量激增

Another promising development is the significant rise in open interest for Bitcoin Cash derivatives, which recently climbed to $232 million—its highest level in over two months.

另一個有希望的發展是比特幣現金衍生性商品的未平倉合約大幅增加，最近攀升至 2.32 億美元，這是兩個多月來的最高水準。

Open interest reflects the total number of outstanding derivative contracts and is a key indicator of market participation. The increase indicates that traders are actively opening and adding to their positions, signaling confidence in BCH's potential for growth.

未平倉合約反映了未平倉衍生性合約的總數，是市場參與度的關鍵指標。這一增長表明交易者正在積極建倉並增持頭​​寸，這表明對 BCH 成長潛力的信心。

This rise in open interest is further complemented by positive funding rates, which indicate a growing number of long positions in the market. Such sentiment underscores the belief among derivative traders that BCH could continue its upward trajectory.

正資金利率進一步補充了未平倉合約的成長，這表明市場上的多頭部位數量不斷增加。這種情緒凸顯了衍生性商品交易商相信 BCH 可以繼續其上升趨勢。

The combination of increased whale activity, rising network engagement, and surging open interest paints a bullish picture for Bitcoin Cash. If these trends persist, BCH could break through the crucial resistance level at the 1.618 Fibonacci level, targeting the $420 mark.

鯨魚活動的增加、網路參與度的提高以及未平倉合約的激增，共同為比特幣現金描繪了一幅看漲的圖景。如果這些趨勢持續下去，BCH 可能會突破 1.618 斐波那契水準的關鍵阻力位，目標是 420 美元大關。

While caution is always warranted in the volatile cryptocurrency market, the current indicators suggest that Bitcoin Cash has the potential to rally past $400. As investors keep a close watch on these developments, BCH may very well reclaim its position as a leading altcoin in the digital currency landscape.

儘管在波動的加密貨幣市場中始終需要保持謹慎，但當前指標表明比特幣現金有可能反彈至 400 美元以上。隨著投資者密切關注這些事態發展，BCH 很可能會重新奪回其作為數位貨幣領域領先山寨幣的地位。