隨著比特幣（BTC）從歷史高點回撤，比特幣鯨魚採取行動，標誌著市場頂部或山寨季節

昨天的聯準會會議導致降息 25 個基點，並修訂了政策，顯示明年的降息幅度少於預期。

The Federal Reserve announced a 25 basis point rate cut on Wednesday, revealing a revised policy indicating fewer cuts than anticipated next year. The decision triggered a market retrace, with Bitcoin leading the downturn from its all-time high.

聯準會週三宣布降息 25 個基點，並公佈了修訂後的政策，顯示明年的降息幅度低於預期。這項決定引發了市場回調，比特幣從歷史高點領跌。

As the market shifted, CryptoQuant shared data revealing a massive move by a longstanding BTC whale. Over 72,000 BTC were transferred, sparking speculation that this could signal a market top. Historically, such large movements by early adopters often precede critical price shifts, as their actions influence market sentiment and liquidity.

隨著市場的變化，CryptoQuant 分享的數據揭示了長期存在的 BTC 鯨魚的大規模舉動。超過 72,000 比特幣被轉移，引發了人們的猜測，這可能預示著市場見頂。從歷史上看，早期採用者的如此大的變動往往先於關鍵的價格變化，因為他們的行為會影響市場情緒和流動性。

Despite the drop, Bitcoin’s ability to hold above key liquidity zones has reassured some investors. However, questions remain: is this merely a shakeout to fuel further gains or a precursor to a deeper correction?

儘管價格下跌，比特幣保持在關鍵流動性區域之上的能力讓一些投資者感到放心。然而，問題依然存在：這僅僅是一次震盪以推動進一步上漲，還是更深層調整的前兆？

Bitcoin Whales Making MovesAfter Bitcoin’s massive breakout from $67K to $108K, the market has witnessed a shift in sentiment as smart money begins to position itself for the coming months. As the price surged, large investors, including long-time Bitcoin whales, have been actively moving their holdings, signaling that important changes may be on the horizon.

比特幣鯨魚採取行動在比特幣從 6.7 萬美元大幅突破至 10.8 萬美元之後，隨著聰明的資金開始在未來幾個月進行定位，市場情緒發生了轉變。隨著價格飆升，包括長期比特幣鯨魚在內的大型投資者一直在積極轉移其持有的資產，這表明重要的變化可能即將到來。

Top analyst Maartunn shared on-chain data showing significant whale activity, including the total movement of over 72,000 BTC. Notably, 8,000 BTC, aged between 5 and 7 years, were moved on-chain in a recent transaction.

頂級分析師 Maartunn 分享了顯示鯨魚大量活動的鏈上數據，其中包括超過 72,000 BTC 的總流動量。值得注意的是，在最近的一筆交易中，有 8,000 個 BTC（存在時間在 5 到 7 年之間）被轉移到鏈上。

This is the eighth transaction in the past two weeks, indicating a pattern of substantial whale movements. These transactions could be interpreted in one of two ways:

這是過去兩週內的第八筆交易，顯示鯨魚出現大幅移動的模式。這些交易可以用以下兩種方式之一來解釋：

Whales are calling for a market top: The large-scale transfers could signify that these whales believe BTC has peaked and are selling their positions to capitalize on the price surge. In this case, these whales could be looking to take profits before a potential correction or consolidation phase.

鯨魚呼籲市場見頂：大規模轉移可能意味著這些鯨魚認為 BTC 已經見頂，並正在出售其部位以利用價格飆升。在這種情況下，這些鯨魚可能會在潛在的調整或盤整階段之前尋求獲利了結。

Whales are repositioning for an Altseason: Alternatively, these moves might indicate that whales are rebalancing their portfolios, preparing to deploy capital into altcoins as they expect the market to shift towards altcoin rallies, also known as Altseason.

鯨魚正在為山寨幣季節重新定位：或者，這些舉動可能表明鯨魚正在重新平衡其投資組合，準備將資金配置到山寨幣中，因為他們預計市場將轉向山寨幣反彈，也稱為山寨幣季節。

As these large transactions continue, the market is left wondering whether this is a signal of a top or just part of a larger strategic repositioning by Bitcoin’s biggest holders. Investors will closely watch how this unfolds in the coming weeks.

隨著這些大額交易的繼續，市場想知道這是否是比特幣見頂的訊號，還是比特幣最大持有者更大策略重新定位的一部分。投資者將密切關注未來幾週事態的發展。

BTC Holding A Bulish StructureBitcoin is trading at $102,300 after testing local demand at $98,695 earlier today. The price structure remains bullish, with a clear formation of higher highs and higher lows, indicating the market uptrend.

BTC 持有看漲結構 在今天早些時候測試了本地需求 98,695 美元後，比特幣的交易價格為 102,300 美元。價格結構仍看漲，高點上移和低點上移明顯，顯示市場呈上升趨勢。

For BTC to maintain its momentum and push towards new highs, it must break above the $103,600 level, which was a key pivot last week. This level has shown significant importance as it marked a resistance point, and surpassing it would solidify Bitcoin’s bullish outlook and open the door for further gains.

BTC 要保持勢頭並推向新高，必須突破 103,600 美元的水平，這是上週的關鍵支點。該水平具有重要意義，因為它標誌著一個阻力點，超過該水平將鞏固比特幣的看漲前景，並為進一步上漲打開大門。

However, a failed breakout above this level could signal a shift in sentiment, and if BTC loses the $100,000 support level, a correction is likely to follow. A drop below this critical threshold would indicate that selling pressure is intensifying, and the market may need to retrace before finding a new support base.

然而，未能突破該水平可能預示著情緒的轉變，如果 BTC 失去 100,000 美元的支撐位，則可能會出現調整。跌破這一關鍵閾值將表明拋售壓力正在加劇，市場可能需要回檔才能找到新的支撐基礎。

Traders and investors will closely monitor the $103,600 and $100,000 levels in the coming hours to gauge Bitcoin’s next move and whether the bullish trend can continue or if a short-term correction is imminent.

交易員和投資者將在未來幾個小時內密切關注 103,600 美元和 100,000 美元的水平，以判斷比特幣的下一步走勢，以及看漲趨勢是否能夠持續，或者短期回調是否即將到來。