減半前的累積激增：比特幣的目標是 7.28 萬美元

3 月 24 日，持有 10-10k 比特幣 (BTC) 的錢包累積了 1319 萬比特幣，創下 20 個月以來的新高，表明投資者在減半事件之前的興趣增加。分析師認為，在供應緊張和 ETF 需求不斷增長的支撐下，這種累積可能會將 BTC 的價格推向 7.28 萬美元。

Is Pre-Halving Bullishness Leading to a $72.8k Bitcoin Horizon?

減半前的看漲情緒是否會導致比特幣價格達到 7.28 萬美元？

As investors flock to Bitcoin in anticipation of the economically significant halving event, wallets holding modest amounts of the cryptocurrency are amassing substantial supplies. According to Santiment, a leading on-chain analytics firm, wallets holding between 10 and 10k coins recently accumulated a staggering 51,959 BTCs, one of the largest single-day purchases in recent memory.

隨著投資者因預期經濟上重大的減半事件而湧向比特幣，持有少量加密貨幣的錢包正在累積大量供應。根據領先的鏈上分析公司 Santiment 的數據，持有 10 到 10,000 枚比特幣的錢包最近積累了驚人的 51,959 BTC，這是近年來最大的單日購買量之一。

Significant Accumulation by Mid-Tier Wallets

中階錢包的大量積累

This substantial accumulation represents approximately 0.263% of Bitcoin's total circulating supply and has pushed the total supply held by this cohort to a 20-month high of 13.19 million. Moreover, the ratio of supply held by this group has reached 67%, its highest level since July 2023.

這一大量累積約佔比特幣總流通供應量的 0.263%，並將該群體持有的總供應量推至 1,319 萬枚的 20 個月高點。而且，該群體持有的供應比例已達67%，為2023年7月以來的最高水準。

Santiment suggests that further accumulation activity is likely, considering the impending halving. This quadrennial event reduces block rewards by half, potentially triggering significant bullish momentum for Bitcoin. The supply squeeze, coupled with growing demand from new US spot ETFs, could further inflate the price of Bitcoin.

Santiment 表明，考慮到即將到來的減半，可能會出現進一步的增持活動。這四年一度的事件將區塊獎勵減少了一半，可能會引發比特幣的巨大看漲勢頭。供應緊張，加上美國新現貨 ETF 的需求不斷增長，可能會進一步推高比特幣的價格。

Decline in Stablecoin Holdings

穩定幣持有量下降

Interestingly, the stablecoin reserves held by these whales and sharks have dropped sharply. Wallets holding between 100k and 10 million USDTs have seen their holdings fall to their lowest levels since January 2023. Similarly, wallets holding between 100k and 10 million USDCs have reached their lowest levels since March 2023.

有趣的是，這些鯨魚和鯊魚持有的穩定幣儲備急劇下降。持有10 萬至1,000 萬USDT 的錢包的持有量已降至2023 年1 月以來的最低水平。同樣，持有10 萬至1,000 萬USDC 的錢包也已降至2023 年3 月以來的最低水平。

This indicates that future accumulation activity may not be driven solely by stablecoins. Instead, investors may be holding stablecoins as dry powder, available for strategic investments or emergencies.

這表明未來的累積活動可能不僅僅由穩定幣驅動。相反，投資者可能會持有穩定幣作為乾粉，用於策略性投資或緊急情況。

Next Target: $72,800

下一個目標：72,800 美元

At the time of writing, Bitcoin is trading just above $71k, according to CoinMarketCap. Technical analyst Ali Martinez believes the cryptocurrency could rise up to $71,800 in the short term, provided support at $70,400 holds.

根據 CoinMarketCap 的數據，截至撰寫本文時，比特幣交易價格略高於 7.1 萬美元。技術分析師 Ali Martinez 認為，加密貨幣短期內可能會升至 71,800 美元，並在 70,400 美元提供支撐。

Martinez has also forecasted that Bitcoin could reach $72,880 once it emerges from its corrective phase. It remains to be seen how accurate these forecasts will be, but the bullish sentiment surrounding Bitcoin in the lead-up to the halving paints a promising picture for the world's largest cryptocurrency.

馬丁內斯也預測，一旦比特幣走出調整階段，價格可能會達到 72,880 美元。這些預測的準確性還有待觀察，但減半前圍繞比特幣的看漲情緒為全球最大的加密貨幣描繪了一幅充滿希望的圖景。