比特幣鯨魚在市場準備突破的情況下累積比特幣

在比特幣窄幅交易區間徘徊在 67,000 美元左右的情況下，分析師觀察到鯨魚的增持活動激增，特別是在 1-1000 萬美元訂單類別中，這表明積極的情緒和潛在的突破。持有大量比特幣的比特幣鯨魚正在表現出「FOMO」行為，累積了總供應量的 1.24%。

Bitcoin Whales Accumulate BTC as the Market Poises for a Potential Breakout

隨著市場為潛在突破做好準備，比特幣鯨魚囤積比特幣

Amidst Bitcoin's (BTC) continued oscillation within a constrained range near the $67,000 mark, market analysts and investors are attentively observing the cryptocurrency's price trajectory for indications of a potential breakout.

比特幣 (BTC) 在 67,000 美元大關附近的有限區間內持續振盪，市場分析師和投資者正在密切觀察加密貨幣的價格軌跡，以尋找潛在突破的跡象。

Recent data reveals that Bitcoin whales, a term used to describe large-scale holders of BTC, are seizing the opportunity to accumulate more coins. Notably, the order category ranging from $1 million to $10 million has consistently increased its exposure throughout April.

最近的數據顯示，比特幣鯨魚（一個用於描述比特幣大規模持有者的術語）正在抓住機會累積更多比特幣。值得注意的是，從 100 萬美元到 1000 萬美元的訂單類別在整個 4 月的曝光度持續增加。

Whale Behavior Indicates Bullish Sentiment

鯨魚行為顯示看漲情緒

Research firm Santiment has uncovered that wallets holding between 1,000 and 10,000 BTC ($66.7 million – $667 million) are exhibiting signs of "fear of missing out" (FOMO), having accumulated an additional 266,000 BTC since the commencement of 2024. This accumulation represents a significant 1.24% of the total Bitcoin supply, with this class of whales now owning over a quarter of all BTC in circulation.

研究公司Santiment 發現，持有1,000 至10,000 BTC（6,670 萬美元至6.67 億美元）的錢包正表現出「害怕錯過」(FOMO) 的跡象，自2024 年初以來已額外積累了266,000 BTC。了佔比特幣總供應量的 1.24%，這類鯨魚目前擁有流通中所有 BTC 的四分之一以上。

Technical Analysis Points to Support and Resistance Levels

技術分析指向支撐位和阻力位

Bitcoin's price action remains confined within a narrow range of $62,000 – $68,000. At the daily close, a bid wall of approximately $35 million was established on the Binance exchange, signaling strong support at current levels. However, the bulk of ask liquidity is now concentrated between $67,000 and $67,500, potentially forming a key resistance zone.

比特幣的價格走勢仍限於 62,000 美元至 68,000 美元的狹窄區間內。截至每日收盤，幣安交易所設立了約 3,500 萬美元的競價牆，顯示當前水準有強勁支撐。然而，大部分要價流動性目前集中在 67,000 美元至 67,500 美元之間，可能形成關鍵阻力區。

Market Experts Anticipate Low Volatility and Potential Parabolic Rise

市場專家預計低波動性和潛在的拋物線會上漲

Trading firm QCP Capital suggests that the crypto market may be experiencing a final period of low volatility before a significant shift occurs. In their latest market update, QCP characterized the current conditions as an "unsettling quietness," noting that Bitcoin's front-end volatility has declined to around 60%.

交易公司 QCP Capital 表示，在發生重大轉變之前，加密貨幣市場可能正在經歷最後的低波動期。在最新的市場更新中，QCP 將當前狀況描述為“令人不安的安靜”，並指出比特幣的前端波動性已降至 60% 左右。

Market analyst Scott Melker has outlined the potential for a parabolic increase in Bitcoin's price following the recent halving. By examining the asset's historical price chart, Melker highlighted the bullish impact of previous halvings, observing that the price tends to stabilize in the immediate aftermath before experiencing substantial gains.

市場分析師斯科特梅爾克概述了比特幣價格在最近減半後出現拋物線上漲的可能性。透過研究該資產的歷史價格圖表，梅爾克強調了先前減半的看漲影響，並觀察到價格往往會在減半後立即穩定下來，然後才會大幅上漲。

"If past halvings are any indication of what is yet to come, it may be a boring few months before we once again go parabolic to new all-time highs," Melker remarked. He emphasized that while the halving itself is not a tradable event, its broader implications may manifest in the coming months.

梅爾克表示：“如果過去的減半預示著即將發生的事情，那麼在我們再次以拋物線方式達到新的歷史高點之前，這可能會是無聊的幾個月。”他強調，雖然減半本身並不是一個可交易的事件，但其更廣泛的影響可能會在未來幾個月內顯現出來。

Analysts Caution of Potential Post-Halving Price Weakness

分析師警告減半後價格可能疲軟

Not all analysts share the same optimistic outlook. JPMorgan, in a recent report, projected that the Bitcoin price may experience a decline post-halving, citing the cryptocurrency's "overbought" status based on an analysis of open interest in Bitcoin futures.

並非所有分析師都持相同的樂觀前景。摩根大通在最近的一份報告中預測，比特幣價格可能會在減半後出現下跌，並根據對比特幣期貨未平倉合約的分析，指出該加密貨幣處於「超買」狀態。

The bank's analysts, led by Nikolaos Panigirtzoglou, also noted that the current Bitcoin price of around $66,000 remains above their volatility-adjusted comparison with gold, which sets it at $45,000, and their projected production cost of $42,000 after the halving.

以Nikolaos Panigirtzoglou 為首的該銀行分析師也指出，目前比特幣的價格約為66,000 美元，仍高於經波動性調整後的黃金價格（即45,000 美元），以及減半後預計的生產成本為42,000 美元。

Historical Precedents and Market Dynamics

歷史先例和市場動態

Bitcoin halvings, which occur approximately every four years, have historically preceded significant bull runs. The previous three halvings ultimately propelled the cryptocurrency to new all-time highs.

比特幣減半大約每四年發生一次，從歷史上看，比特幣減半發生在重大牛市之前。前三次減半最終將加密貨幣推升至歷史新高。

However, it is important to note that market conditions and broader macroeconomic factors can influence the price trajectories of cryptocurrencies. As such, the future direction of Bitcoin's price remains uncertain, and investors should exercise due diligence and consider potential risks when making investment decisions.

然而，值得注意的是，市場狀況和更廣泛的宏觀經濟因素可能會影響加密貨幣的價格軌跡。因此，比特幣價格未來走向仍存在不確定性，投資者在做出投資決策時應盡職調查並考慮潛在風險。