75% 的比特幣持有六個月，顯示出強勁的持有模式

根據鏈上數據，隨著比特幣持有行為持續上升，約 75% 的流通比特幣在過去六個月或更長時間內沒有被轉移。

Three-fourths of the total Bitcoin (CRYPTO: BTC) supply has been inactive for six months or longer, indicating a strong hodling behavior among traders, especially in the wake of a bearish crypto market.

比特幣（加密貨幣：BTC）總供應量的四分之三已在六個月或更長時間內處於不活躍狀態，這表明交易者之間存在強烈的囤積行為，尤其是在加密貨幣市場看跌之後。

According to Glassnode’s Hodl wave chart, about 75% of Bitcoin in circulation hasn’t been moved in the last six months or longer. The chart examines when Bitcoin in wallets was last moved to give an overall picture of how long people hold onto their Bitcoin.

根據 Glassnode 的 Hodl 波動圖，大約 75% 的流通比特幣在過去六個月或更長時間內沒有轉移。這張圖表檢查了錢包中的比特幣最後一次轉移的時間，以全面了解人們持有比特幣的時間。

Bitcoin price experienced a drastic fall after reaching a new all-time high in mid-March. Despite the inflows from spot Bitcoin ETFs, the asset’s value dropped by about 32.75% from its highest point of $73,750, falling below $50,000 in the first week of August, with over $600 million in leveraged positions liquidated.

比特幣價格在三月中旬創下歷史新高後經歷了大幅下跌。儘管有現貨比特幣 ETF 資金流入，但該資產價值從最高點 73,750 美元下跌約 32.75%，在 8 月第一周跌破 50,000 美元，槓桿頭寸清算超過 6 億美元。

The panic selling in the crypto market was triggered by a wider crash in financial markets as traders worried about the possibility of a global recession and rising tensions in the Middle East. For instance, Japan’s Nikkei 225 Index slumped 12.4%, while the micro futures on the S&P 500 Index lost 3.3%.

加密貨幣市場的恐慌性拋售是由金融市場更廣泛的崩盤引發的，因為交易員擔心全球經濟衰退的可能性和中東緊張局勢加劇。例如，日本日經225指數下跌12.4%，標準普爾500指數微型期貨下跌3.3%。

While Bitcoin price recovered most of the losses a week after, many analysts anticipate a sluggish return to its all-time high.

儘管比特幣價格在一周後收復了大部分跌幅，但許多分析師預計，比特幣價格將緩慢地回到歷史高點。

In an Aug. 19 X post, analyst James Check pointed out that over 80% of Bitcoin Short Term Holders who bought Bitcoin recently are at a loss because they bought it at prices higher than its current value.

分析師 James Check 在 8 月 19 日的一篇文章中指出，超過 80% 最近購買比特幣的比特幣短期持有者都處於虧損狀態，因為他們購買的價格高於其當前價值。

Right now, over 80% of #Bitcoin Short-Term Holders are underwater, meaning their coin was acquired at a price above the current spot price.

目前，超過 80% 的#Bitcoin 短期持有者處於水下狀態，這意味著他們的比特幣是以高於當前現貨價格的價格購買的。

This is similar to 2018, 2019, and mid-2021 which signaled many investors were at risk of panicking, and precipitating a bearish trend. pic.twitter.com/8jM7PBqh5z

這與 2018 年、2019 年和 2021 年中期類似，這表明許多投資者面臨恐慌並引發看跌趨勢的風險。 pic.twitter.com/8jM7PBqh5z

— _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) August 19, 2024

— _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) 2024 年 8 月 19 日

He warned that a further fall in Bitcoin price could result in panic selling as in previous years.

他警告說，比特幣價格的進一步下跌可能會像前幾年一樣導致恐慌性拋售。

Many factors, including the upcoming November U.S. presidential election, influence Bitcoin’s price. While some analysts anticipate a bearish phase, others predict a completely different outcome, highlighting the uncertainty in the market.

許多因素，包括即將到來的 11 月美國總統大選，都會影響比特幣的價格。雖然一些分析師預計將進入看跌階段，但其他分析師則預測完全不同的結果，凸顯了市場的不確定性。

Notably, the crypto market sentiment remains bearish as the Crypto Fear & Greed Index is at 28 score, which is currently in the fear zone. When investors are fearful, they usually sell their assets quickly to avoid losing more money. However, many analysts believe that the long-term potential of Bitcoin remains strong, with future market recoveries potentially bringing it back to previous highs or even beyond.

值得注意的是，加密貨幣市場情緒仍看跌，加密貨幣恐懼與貪婪指數為 28，目前處於恐懼區域。當投資者感到恐懼時，他們通常會迅速出售資產，以避免損失更多資金。然而，許多分析師認為，比特幣的長期潛力仍然強勁，未來市場復甦可能會使其回到先前的高點甚至更高。