隨著投資者的樂觀情緒和信心迅速上升，比特幣長期持有者紛紛增持

在旗艦資產最新價格飆升至先前阻力位後，投資者對比特幣的樂觀和信心正在迅速上升。

Investors’ optimism and confidence in Bitcoin are rising rapidly after the flagship asset’s latest price surge to a previous resistance level. This growing sentiment of investors is especially evident among Bitcoin long-term holders, solidifying its position as the leading digital asset for long-term investments.

在旗艦資產最新價格飆升至先前的阻力位後，投資者對比特幣的樂觀和信心正在迅速上升。投資者的這種不斷增長的情緒在比特幣長期持有者中尤其明顯，鞏固了其作為長期投資領先數位資產的地位。

Long-Term Bitcoin Holder Supply Inches Higher

長期比特幣持有者供應量小幅上升

As the market continues to display a bullish trend, Axel Adler Jr., an on-chain expert and author, has observed a shift in Bitcoin’s long-term holders’ behavior. The expert reported that the holders’ supply has marginally increased, reflecting renewed confidence among veteran investors despite recent market fluctuations.

隨著市場繼續呈現看漲趨勢，鏈上專家兼作家 Axel Adler Jr. 觀察到比特幣長期持有者行為的轉變。專家報告稱，持有者的供應量略有增加，反映出儘管近期市場波動，資深投資者的信心又恢復了。

This slight growth indicates that investors who have held BTC for an extended period are gradually accumulating the asset, showcasing increasing belief in BTC’s future potential. If the trend continues, as observed in previous scenarios, such developments can propel a price surge for BTC.

這種小幅成長表明，長期持有比特幣的投資者正在逐漸累積該資產，顯示出對比特幣未來潛力的信心不斷增強。如果這種趨勢持續下去，正如先前情境中所觀察到的那樣，這種發展可能會推動比特幣價格飆升。

Adler identified the surge by closely examining the Short-term Holder Vs. Long-term Holder Supply metric. The trend often coincides with periods when the market is consolidating, which could pave the way for the next major price movement.

阿德勒透過仔細研究短期持有者與長期持有者的對比，發現了這種激增。長期持有者供應指標。這種趨勢通常與市場盤整時期同時發生，這可能為下一次重大價格變動鋪平道路。

According to Adler, the Long-Term Holder supply displayed a minor increase in comparison to the Short-Term Holder supply after the peak sell-off at the $100,000 level. Adler highlighted that the shift suggests that BTC purchased roughly 155 days ago has now entered the LTH cohort. If this growth is sustained in the upcoming week, it can be considered that long-term holders’ sales at recent levels have concluded.

Adler 表示，在 10 萬美元的高峰拋售之後，長期持有者的供應量與短期持有者的供應量相比略有增加。 Adler 強調，這一轉變表明大約 155 天前購買的 BTC 現在已進入 LTH 隊列。如果這種成長在未來一周持續下去，可以認為長期持有者在近期水準的拋售已經結束。

Total BTC Supply In Profit Sees Significant Growth

BTC 總供應量獲利顯著成長

The surge in long-term holders’ supply comes as the total amount of Bitcoin supply in profit increases sharply. Data from Adler shows that over 90% of the overall BTC supply is currently in profit, indicating growing optimism in the crypto market.

長期持有者供應量激增之際，比特幣供應總量的利潤急劇增加。 Adler 的數據顯示，目前 BTC 總供應量的 90% 以上都處於獲利狀態，這表明加密市場的樂觀情緒日益增強。

As the market gains momentum, this growth highlights the substantial profits for long-term holders and the strength of Bitcoin’s recent price rally. Moreover, the development could spark extended bullish momentum or a potential profit-taking phase.

隨著市場勢頭增強，這種成長凸顯了長期持有者的可觀利潤以及比特幣近期價格上漲的力度。此外，這一事態發展可能會引發長期看漲勢頭或潛在的獲利了結階段。

In the absence of a “black swan” event in the ongoing cycle, Adler noted that the market could mirror the 2017 bull cycle. Specifically, this will be defined by a bullish trend with few reversals to the metric level of 80%.

阿德勒指出，在當前週期中沒有出現「黑天鵝」事件的情況下，市場可能會重現 2017 年的牛市週期。具體來說，這將由看漲趨勢來定義，80% 的指標水準幾乎沒有逆轉。

If not for China’s mining restriction, which halted the bull trend, the expert believes the 2021 cycle would have followed a similar path. Thus far, investors and traders are closely observing the trend’s impact on prices as the metric is key in determining BTC’s next trajectory.

如果不是中國的採礦限制阻止了多頭趨勢，專家認為 2021 年週期將遵循類似的路徑。到目前為止，投資者和交易員正在密切觀察這一趨勢對價格的影響，因為該指標是確定比特幣下一步趨勢的關鍵。

Currently, BTC has undergone a sharp pullback after a significant rally to around $102,000, sparking community discussion on its bull run. Despite the decline, many investors are maintaining a positive sentiment, as indicated by a nearly 31% rise in its trading volume in the past day.

目前，BTC在大幅上漲至10.2萬美元左右後出現大幅回調，引發了社區對牛市的討論。儘管下跌，許多投資者仍保持積極情緒，過去一天的交易量增加了近 31%。