購買壓力的增加會推動比特幣價格回到 10 萬美元嗎？

過去一周，比特幣的價格一直在小幅盤整，這種主要的加密貨幣在聖誕節當天努力突破 10 萬美元大關。

The price of Bitcoin (BTC) has remained largely within a tight range over the past week, with the premier cryptocurrency failing to cross the $100,000 mark on Christmas day. However, investors are hoping that the BTC price will gift them one final rally before the close of 2024, and the latest on-chain signals suggest so.

過去一周，比特幣 (BTC) 的價格基本上保持在窄幅區間內，這主要加密貨幣未能在聖誕節當天突破 10 萬美元大關。然而，投資者希望 BTC 價格能夠在 2024 年結束之前為他們帶來最後一次上漲，最新的鏈上訊號也表明了這一點。

In a December 28th post on the X platform, popular crypto analyst Ali Martinez shared an exciting on-chain observation that could influence the Bitcoin price action before the end of 2024. This relevant on-chain indicator here is the “taker buy/sell ratio,” which tracks the taker buy and taker sell volumes for a specific cryptocurrency.

在12 月28 日X 平台上的一篇文章中，受歡迎的加密貨幣分析師Ali Martinez 分享了一個令人興奮的鏈上觀察，該觀察可能會影響2024 年底之前的比特幣價格走勢。相關鏈上指標是“接受者買入/賣出比率” ”，它追蹤特定加密貨幣的接受者買入和接受者賣出量。

When the value of the taker buy/sell ratio is greater than one, it implies that the taker buy volume is higher than the taker sell volume. This phenomenon is usually considered a bullish signal, which suggests the willingness of investors to pay a higher price for a specific asset (Bitcoin, in this scenario).

當taker買入/賣出比率的值大於1時，表示taker買入量高於taker賣出量。這種現象通常被認為是看漲訊號，表明投資者願意為特定資產（在這種情況下為比特幣）支付更高的價格。

On the flip side, if the ratio’s value is less than 1, it suggests that more sellers are willing to sell their assets at a lower price. Typically, this means that the selling pressure is overwhelming the buyers in a particular crypto market while reflecting a bearish sentiment amongst investors.

另一方面，如果該比率的值小於 1，則表示有更多賣家願意以較低價格出售資產。通常，這意味著特定加密貨幣市場的拋售壓力壓倒了買家，同時反映出投資者的看跌情緒。

Martinez shared in the post on X that the Bitcoin taker buy/sell ratio on the OKX exchange witnessed a notable spike to as high as 2.3 on Saturday, December 28. This piece of data suggests a surge in buying activity on the centralized trading platform.

Martinez 在 X 上的貼文中表示，12 月 28 日星期六，OKX 交易所的比特幣接受者買賣比率顯著飆升至 2.3。

Ultimately, this on-chain signal could be bullish for the flagship cryptocurrency, as the increased buying pressure could infuse some upward momentum in the Bitcoin price. As of this writing, the price of BTC sits just beneath the $95,000 mark, reflecting a 0.6% increase in the past day.

最終，這種鏈上訊號可能對旗艦加密貨幣有利，因為購買壓力的增加可能會為比特幣價格注入一些上漲動力。截至撰寫本文時，BTC 的價格略低於 95,000 美元大關，過去一天上漲了 0.6%。

BTC Continues To Flow Out Of Exchanges

比特幣繼續流出交易所

Meanwhile, a pseudonymous analyst on the CryptoQuant platform has revealed that the amount of BTC flowing into exchanges has hit a multi-year low. This is consistent with the low Netflow-to-Reserve ratio, which tracks the difference between exchange netflows and exchange reserves.

同時，CryptoQuant 平台上的一位匿名分析師透露，流入交易所的 BTC 數量已創下多年低點。這與較低的淨流量與儲備比率一致，該比率追蹤外匯淨流量與外匯儲備之間的差異。

A negative Netflow-to-Reserve ratio highlights that Bitcoin investors are choosing to keep their assets rather than sell for profits. This on-chain signal is bullish for the premier cryptocurrency and could set the stage for significant price growth in the future.

負的淨流量與準備金比率凸顯出比特幣投資者選擇保留資產而不是出售資產以獲取利潤。這一鏈上訊號對主要加密貨幣有利，並可能為未來價格的大幅成長奠定基礎。