比特幣STH從過熱的市場中獲利 - 分析師

市場分析師Axel Adler JR與最近的短期持有人的活動有關比特幣市場的一些有價值的見解。

Market analyst Axel Adler Jr has provided some interesting insights into the Bitcoin market, particularly regarding the recent activity of short-term holders. This commentary comes as the premier cryptocurrency is currently stuck in a consolidation phase following a flash crash in early February.

市場分析師Axel Adler JR為比特幣市場提供了一些有趣的見解，尤其是關於短期持有人的最新活動。該評論是因為2月初發生閃光崩潰後，總理加密貨幣目前處於合併階段。

Bitcoin STHs Taking Profits, Signaling Market Cooling – Analyst

比特幣STH獲得利潤，信號市場冷卻 - 分析師

In an X post on February 8, Axel Adler Jr highlights that Bitcoin Short-Term Holders (STHs) i.e. holders of Bitcoin for 1-3 months, have been realizing their profits. This development is evidenced by a decline in the STH MVRV – a trading metric that measures the market value to the realized value of all Bitcoin held by short-term holders thus helping to determine their profit/loss status.

在2月8日的X帖子中，Axel Adler JR強調，比特幣短期持有人（STHS）IE比特幣持有人已有1-3個月的持有人已經意識到了他們的利潤。 STH MVRV的下降證明了這一發展，這是一個交易指標，可衡量短期持有人持有的所有比特幣的市場價值，從而有助於確定其損益狀況。

Generally, an STH MVRV around 1.30-1.35 indicates an overheated market as short-term holders have high unrealized profits, suggesting potential for a sell-off and price falls. According to Adler Jr., the STH MVRV has recently dropped from 1.35 to average levels, indicating that a significant portion of STH have closed their positions, helping to cool the market.

通常，由於短期持有人的利潤很高，因此STH MVRV在1.30-1.35左右表明市場過熱，這表明可能會售罄和價格下跌。根據小阿德勒（Adler Jr.）的說法，STH MVRV最近從1.35下降到平均水平，這表明STH的很大一部分已關閉其頭寸，有助於冷靜市場。

Historically, the end of an overheated phase usually translates into a period of price consolidation provided that market demand remains strong. Axel Adler Jr draws a reference to January 2024, when a similar fall in STH MVRV was even strong enough to eventually initiate a price rally. 

從歷史上看，過熱階段的結束通常會轉化為價格合併時期，只要市場需求仍然強勁。 Axel Adler JR提到了2024年1月的參考，當時STH MVRV的類似跌幅甚至足以最終發起價格集會。

However, the crypto analyst cautions that US President Donald Trump’s decisions are largely influencing the current market landscape. This was clearly illustrated last week when the US move to impose new tariffs on China, Mexico, and Canada attracted retaliatory measures causing investors to move funds out of risky assets amidst fears of a brewing trade war.

但是，加密分析師警告說，美國總統唐納德·特朗普的決定在很大程度上影響了當前的市場格局。上週，當美國向中國，墨西哥和加拿大徵收新的關稅時，這清楚地說明了這一點，這引起了報復性措施，導致投資者在擔心釀造貿易戰的擔心之中將資金從風險的資產中移出。

Axler Adler Jr states that barring any more negative triggers from Donald Trump’s political actions, Bitcoin may break out of its current FOMO-driven consolidation into an uptrend. But in the case of eventualities, Bitcoin appears to have formed a strong support zone around $90,000 capable of preventing deeper corrections.

小阿克斯勒·阿德勒（Axler Adler JR）指出，除非唐納德·特朗普（Donald Trump）的政治行為，否則比特幣可能會從其目前以FOMO驅動的合併為止，從而將任何負面觸發器脫離了上升趨勢。但是，在最終的情況下，比特幣似乎已經形成了一個強大的支撐區，約為90,000美元，能夠防止更深的校正。

BTC Price Overview 

BTC價格概述

At the time of writing, Bitcoin trades at $96,998 following a 0.98% gain in the last 24 hours. Meanwhile, its trading volume stands at $22.53 billion having crashed by 59.04% in the past day. For the market bulls, relevant resistance levels lie at $102,000 and $106,000. A failure to break above the initial resistance will force Bitcoin to remain in consolidation for the foreseeable future.

在撰寫本文時，比特幣在過去24小時內收益0.98％，價格為96,998美元。同時，其交易量為225.3億美元，過去幾天墜毀了59.04％。對於市場公牛，相關的阻力水平為102,000美元和106,000美元。未能超越初始阻力將迫使比特幣在可預見的未來保持整合。