比特幣鯨魚因預期牛市而累積比特幣

目前，Gate.io 上比特幣的交易價格為 60,984 BTC/USDT，過去 24 小時內價格上漲了 0.2%。

Bitcoin whales are accumulating the coin in anticipation of a bull run.

比特幣鯨魚正在囤積比特幣，以期待牛市的到來。

At this point, bitcoin is trading at $60,984 BTC/USDT on Gate.io after its price increased by 0.2% within the past 24 hours. As per the weekly price chart, bitcoin has initiated an uptrend as the next graph shows.

目前，Gate.io 上比特幣的交易價格為 60,984 BTC/USDT，過去 24 小時內價格上漲了 0.2%。根據每週價格圖表，比特幣已啟動上升趨勢，如下圖所示。

However, the shortening of the last three bullish candlesticks (green) shows that the uptrend is weak. As a result, the downswing may continue. If the drawdown persists, bitcoin whales may accumulate more coins. Data from CryptoQuant, which Axel Adler Jr posted on X indicates that whales accumulated 1.5 million bitcoin within the last six months.

然而，最後三個看漲燭台（綠色）的縮短表明上升趨勢較弱。因此，下行趨勢可能會持續。如果回撤持續下去，比特幣鯨魚可能會累積更多的比特幣。 Axel Adler Jr 在 X 上發布的 CryptoQuant 數據表明，鯨魚在過去六個月內積累了 150 萬比特幣。

While the large whales have been acquiring much bitcoin, the smaller whales have been selling their coins. That has resulted in short-term price falls. In addition, other BTC investors also disposed of their coins. Unfortunately, most of these investors sold at a loss.

雖然大型鯨魚一直在獲取大量比特幣，但較小的鯨魚一直在出售他們的比特幣。這導致了短期價格下跌。此外，其他比特幣投資者也拋售了自己的比特幣。不幸的是，這些投資者大多都虧本出售。

As the graph shows there are many crypto investors who sold bitcoin at a loss this month. Usually, the STH holders, who are crypto investors that hold the assets for a period of up to 155 days, normally buy or sell crypto assets on impulse. As a result of their reactionary buying and selling behavior the value of the asset tends to fall further if there are slight decreases in its price.

如圖所示，本月有許多加密貨幣投資者虧本出售比特幣。通常，STH 持有者是持有資產最長 155 天的加密貨幣投資者，通常會衝動地買賣加密資產。由於他們的反動買賣行為，如果資產價格略有下跌，資產的價值往往會進一步下跌。

Another crypto analyst, Darkfost, explained that the amount of bitcoin that was accumulated when its price was between $54,000 and $68,000 is significant. He wrote, “Bitcoin whales are showing significant activity in the $54K to $68K range. New whales are entering the game and accumulating strongly, while existing whales are also increasing their positions.”

另一位加密貨幣分析師 Darkfost 解釋說，當比特幣價格在 54,000 美元至 68,000 美元之間時，累積的比特幣數量非常可觀。他寫道：「比特幣鯨魚在 5.4 萬美元到 6.8 萬美元的範圍內表現出顯著的活動。新的鯨魚正在進入遊戲並強勁積累，而現有的鯨魚也在增加其地位。

He added, “Overall, we’re seeing all whales accumulating in this price zone. Their growing balances suggest that a potential upward move could be on the horizon, either in the mid-term or long-term.” No doubt, the continued accumulation by whales may help to push its price up.

他補充說：「總的來說，我們看到所有鯨魚都在這個價格區域累積。它們不斷增長的餘額表明，無論是中期還是長期，潛在的上升趨勢都可能出現。毫無疑問，鯨魚的持續累積可能有助於推高其價格。

Bitcoin (BTC) Market Analysis

比特幣（BTC）市場分析

As we have noted, the bitcoin price is fluctuating around $60,980. Previously, it gained much support at $60,222. However, if it manages to break out above $60,984 it may rise towards $61,000. On the other hand, an increase in the selling pressure may force its price to fall below $60,672. The sustained bearish pressure may see its price reaching $60,222.

正如我們所指出的，比特幣價格在 60,980 美元左右波動。此前，它在 60,222 美元處獲得了很大的支撐。然而，如果其成功突破 60,984 美元，則可能上漲至 61,000 美元。另一方面，拋售壓力的增加可能會迫使其價格跌破 60,672 美元。持續的看跌壓力可能會導致其價格達到 60,222 美元。

In terms of technical analysis, the Bollinger Bands shows that bitcoin has very low volatility at the moment. Similarly, its Average Directional Index (ADX) has a reading of 29 indicating that its volatility may not sustain a strong price surge. One of the most comprehensive and reliable indicators, the Ichimoku cloud is showing strong bearish pressure as well.

從技術分析來看，布林線顯示比特幣目前的波動性非常低。同樣，其平均方向指數 (ADX) 的讀數為 29，表明其波動性可能無法維持強勁的價格飆升。作為最全面、最可靠的指標之一，一目均衡圖也顯示出強大的看跌壓力。

As you note on the graph, the future Ichimoku is orange showing a bearish outlook. Also, the fact that its price is below the 200-day exponential moving average (EMA) shows that its value may stall at that dynamic resistance level. Notably, the price is also below the cloud, confirming the bearish momentum.

正如您在圖表上註意到的，未來一目圖是橙色的，顯示看跌前景。此外，其價格低於 200 天指數移動平均線 (EMA) 的事實表明，其價值可能會停滯在該動態阻力位。值得注意的是，價格也低於雲層，證實了看跌勢頭。

Finally, Bitcoin’s Relative Strength Index (RSI) has flipped below the 50 mark. That confirms that its price may fall further. Based on the current bitcoin market trend, some analysts have suggested that its price may drop towards $53,000.

最後，比特幣的相對強弱指數（RSI）已跌破 50 大關。這證實了其價格可能會進一步下跌。根據目前比特幣市場走勢，有分析師暗示其價格可能會跌向53,000美元。

Overview of the Entire Crypto Market

整個加密貨幣市場概述

Currently, there is mixed performance among the leading crypto assets. ETH is within a range bound market and showing very low volatility. Its price is currently below the 10-day and 20-day EMAs. On the other hand, its ADX has a reading of 22.01, showing very low volatility. Based on the downward sloping orange Ichimoku cloud it may take time for the ETH price to rise.

目前，領先的加密資產表現參差不齊。 ETH 處於區間波動市場，波動性非常低。目前其價格低於 10 日和 20 日均線。另一方面，其 ADX 讀數為 22.01，顯示波動性非常低。根據向下傾斜的橙色一目圖雲，ETH 價格可能需要一段時間才能上漲。

The subdued crypto prices have come after the recently announced United States inflation figures. In fact, inflation rose more than expected which might have dampened investor confidence. For instance, the core consumer price index (CPI) rose by 0.3% leading to a 3-month annualized inflation rate of 3.1%. As a result of this development, some market analysts have anticipated the Federal Reserves to cut interest rates by 25 basis points on their next meeting.

在最近公佈的美國通膨數據之後，加密貨幣價格出現低迷。事實上，通膨上升幅度超乎預期，這可能削弱了投資人的信心。例如，核心消費者物價指數（CPI）上漲0.3%，導致3個月年化通膨率為3.1%。由於這一事態發展，一些市場分析師預計聯準會將在下次會議上降息 25 個基點。

The other fact that has affected the demand and prices of crypto assets is the on-going Middle East crisis. The geo-political tension has resulted in a rise in demand for low risk assets. As a result, the demand for riskier-assets like cryptocurrencies have decreased in recent days. Such a development has weighed down on the values of leading cryptocurrencies like XRP, ETH, Solana and

影響加密資產需求和價格的另一個事實是持續不斷的中東危機。地緣政治緊張局勢導致對低風險資產的需求增加。因此，最近幾天對加密貨幣等風險較高資產的需求有所下降。這種發展已經打壓了 XRP、ETH、Solana 等領先加密貨幣的價值。