比特幣供應衝擊即將到來，相信你的直覺—Samson Mow

本週到目前為止，加密貨幣市場已經經歷了價格走勢的兩個極端，比特幣飆升至 108,000 美元以上的歷史高點 (ATH)，同時跌至 95,587.68 美元。

Bitcoin prices have fallen below the $96,000 level despite continuous buying from top pro-Bitcoin firms, leaving many wondering about the next move for the coin.

儘管頂級支援比特幣的公司不斷買入，但比特幣價格已跌破 96,000 美元的水平，這讓許多人對比特幣的下一步走勢感到好奇。

Samson Mow, the former CSO of Blockstream, has shared his thoughts on the matter, suggesting that the limited supply of Bitcoin is causing the market to behave irrationally.

Blockstream 前 CSO Samson Mow 分享了他對此事的看法，認為比特幣供應有限正在導致市場行為不理性。

“I often see people asking the question ‘if everyone is buying and there’s no supply, then why is the price going down?,’” wrote Mow in a post on X.

「我經常看到人們問這樣的問題：『如果每個人都在購買而沒有供應，那麼為什麼價格會下跌？』」Mow 在 X 上的一篇貼文中寫道。

“It’s just the market behaving irrationally with what limited #Bitcoin supply is left. Trust your instincts. The supply shock is coming.”

「這只是市場在比特幣供應有限的情況下表現得不理性。相信你的直覺。供應衝擊即將到來。

Earlier this week, MicroStrategy announced that it had purchased another $1.5 billion worth of Bitcoin, increasing its total holdings to 439,000 BTC.

本週早些時候，MicroStrategy 宣布又購買了價值 15 億美元的比特幣，將其總持有量增加至 439,000 枚比特幣。

Other smaller firms with Bitcoin treasuries, including MARA Holdings, also announced major purchases this week, effectively depleting the coin’s circulating supply.

包括 MARA Holdings 在內的其他擁有比特幣國債的小公司也於本周宣布了大規模購買，實際上耗盡了比特幣的流通供應。

Despite this buying, the market has not moved past the $108,000 level and has failed to maintain support around the $100,000 mark.

儘管有這樣的買盤，市場仍未突破 108,000 美元的水平，也未能維持 10 萬美元大關附近的支撐。

According to Samson Mow, investors should trust their instincts and understand that a “supply shock is coming.”

Samson Mow 表示，投資人應該相信自己的直覺，並了解「供應衝擊即將到來」。

Whenever MicroStratey announces a Bitcoin purchase, as it has done over the past six weeks, market traders find a way to rebalance their pricing to its average purchase price.

每當 MicroStratey 宣布購買比特幣時（就像過去六週那樣），市場交易者都會找到一種方法將其定價重新平衡到平均購買價格。

While it remains uncertain if another purchase will be unveiled in the coming week, the market is likely to rebalance ahead of the potential buy-up announcement.

儘管仍不確定下周是否會公佈另一項收購，但市場可能會在潛在收購公告之前重新平衡。

As of writing time, the price of Bitcoin has dropped 3.54% in 24 hours to $95,243.24.

截至發稿，比特幣價格24小時內下跌3.54%至95,243.24美元。

Amid the ongoing freefall, the coin is bound to see a major retest of this level, as it has formed a strong support around this price range over the past month.

在持續的自由落體中，代幣必然會再次測試該水平，因為它在過去一個月在該價格範圍附近形成了強有力的支撐。