隨著交易所存款跌至歷史新低，比特幣持有者採取長期策略

在達到 108,300 美元的歷史高點後，比特幣的動力似乎已經耗盡，看跌情緒主導了市場。

Bitcoin and the broader cryptocurrency market are facing a significant downturn, with the possibility of a deeper correction. After reaching an all-time high of $108,300, Bitcoin’s momentum seems to be fading, and bearish sentiment has dominated the market. The pullback has left investors wondering if BTC can continue its bullish trend.

比特幣和更廣泛的加密貨幣市場正面臨嚴重下滑，並有可能出現更深層的調整。在達到 108,300 美元的歷史高點後，比特幣的勢頭似乎正在消退，看跌情緒主導了市場。這次回檔讓投資人懷疑比特幣是否能繼續其看漲趨勢。

However, a closer examination of key metrics reveals a surprising trend. According to renowned analyst Axel Adler on X, the number of BTC deposits on exchanges has plummeted to a record low of 30,000 per day. This level of exchange activity has not been seen since 2016.

然而，對關鍵指標的仔細檢查揭示了一個令人驚訝的趨勢。據 X 知名分析師 Axel Adler 稱，交易所的 BTC 存款數量已暴跌至每天 30,000 筆的歷史新低。這種交易活動水準自 2016 年以來從未出現過。

This sharp decline is noteworthy as it suggests a shift in investor behavior. Rather than engaging in short-term trading, many BTC holders are adopting a long-term “HODL” (hold on for dear life) strategy. This approach reflects their belief in Bitcoin’s enduring value and potential as a hedge against economic uncertainties.

這種急劇下降值得注意，因為它顯示投資者行為的轉變。許多比特幣持有者不再進行短期交易，而是採取長期「HODL」（緊緊抓住）策略。這種方法反映了他們對比特幣作為對沖經濟不確定性的持久價值和潛力的信念。

By keeping their coins off exchanges, these investors are also contributing to a reduction in selling pressure. This could help stabilize the market during this correction phase. While BTC’s immediate price action seems bearish, the reduced exchange activity offers a silver lining, indicating confidence among long-term holders. As the market navigates these volatile times, this shift could play a pivotal role in shaping Bitcoin’s next move.

透過將代幣遠離交易所，這些投資者也有助於減輕拋售壓力。這可能有助於在調整階段穩定市場。雖然比特幣的近期價格走勢似乎看跌，但交易活動的減少帶來了一線希望，顯示長期持有者的信心。隨著市場經歷這個動盪的時期，這種轉變可能在塑造比特幣的下一步走勢方面發揮關鍵作用。

Bitcoin has struggled to stay above the $100,000 level after losing this critical psychological mark. The decline has prompted many analysts and investors to predict a deeper correction, potentially driving prices even lower. Despite these concerns, data indicates a strong long-term commitment from BTC investors, suggesting a more optimistic outlook for the asset's future.

在失去這項關鍵心理關卡後，比特幣一直難以維持在 10 萬美元以上。這種下跌促使許多分析師和投資人預測將出現更大幅度的調整，可能會導致價格進一步走低。儘管存在這些擔憂，但數據顯示比特幣投資者做出了強有力的長期承諾，這表明該資產的未來前景更加樂觀。

This is a stark contrast to the 10-year average of 90,000 daily deposits. Moreover, the cycle’s peak of 125,000 deposits occurred when Bitcoin was trading near $66,000, signaling intense selling pressure at that time.

這與10年平均每日存款9萬筆形成鮮明對比。此外，該週期的 125,000 筆存款高峰出現在比特幣交易價格接近 66,000 美元時，這表明當時存在巨大的拋售壓力。

The current decline in exchange deposits suggests that BTC holders are opting to “HODL” their coins rather than sell them during market fluctuations. This behavior reduces selling pressure, even in the face of potential price drops. It appears that more investors are adopting a long-term perspective, believing in Bitcoin’s value as a store of wealth and hedge against macroeconomic uncertainties.

目前交易所存款的下降表明，比特幣持有者選擇「持有」他們的代幣，而不是在市場波動期間出售它們。即使面對潛在的價格下跌，這種行為也可以減輕拋售壓力。似乎越來越多的投資者開始採取長期觀點，相信比特幣作為財富儲存手段和對沖宏觀經濟不確定性的價值。

Bitcoin is trading at $94,400 after repeated attempts to reclaim the $100,000 level fell short, while support at $92,000 continues to hold firm. This price range places BTC at a critical juncture, with its next move likely to determine the direction of the market in the near term.

在多次嘗試收復 100,000 美元水平後，比特幣目前交易價格為 94,400 美元，而 92,000 美元的支撐位繼續保持堅挺。這一價格區間使比特幣處於關鍵時刻，其下一步走勢可能會決定近期市場的方向。

If Bitcoin loses the $92,000 mark, it risks entering a deeper correction phase, potentially triggering a wave of selling pressure that could drive the price significantly lower. This scenario has many investors and analysts watching closely, as a breakdown below this level could challenge bullish sentiment in the current cycle.

如果比特幣失守 92,000 美元大關，它可能會進入更深層的調整階段，可能引發一波拋售壓力，導致價格大幅下跌。這種情況引起了許多投資者和分析師的密切關注，因為跌破該水平可能會挑戰當前週期的看漲情緒。

On the other hand, Bitcoin still has the potential to reclaim its upward momentum. A decisive push above the $100,000 mark in the coming days would signal a strong resurgence of bullish control, likely propelling the price to new all-time highs. Such a move would reaffirm Bitcoin’s status as the leading asset in the crypto market and could encourage fresh inflows from investors seeking to capitalize on its upward trajectory.

另一方面，比特幣仍有潛力重拾上漲動力。如果未來幾天價格突破 10 萬美元大關，將標誌著看漲控制的強勁復甦，可能會推動價格創下歷史新高。此舉將重申比特幣作為加密貨幣市場領先資產的地位，並可能鼓勵尋求利用其上升軌蹟的投資者新的資金流入。