美国的交流扭转了他们的比特币量优势

链上数据显示，基于美国的交易所在其比特币体积的统治地位上有逆转。这是这种趋势上次导致的。

New on-chain data from CryptoQuant has shown that there has been a recent reversal in the US vs. Off-Shore Ratio, which measures the volume of Bitcoin trades on American platforms relative to foreign ones.

来自CryptoQuant的新链上数据表明，美国最近发生了逆转与近地区的逆转，该比例衡量了美国平台上相对于外国平台上的比特币交易量。

The 'US vs. Off-Shore Ratio' is a metric that compares the volume of Bitcoin trades on U.S.-based exchanges to those on off-shore platforms. A reading above 1 indicates that the American platforms are engaging in more volume, while a reading below 1 suggests that the foreign platforms are seeing a higher amount of trading activity.

“美国与近岸比率”是一个指标，将基于美国交易所的比特币交易的数量与离岸平台上的比特币交易的数量进行了比较。上面的读数表明，美国平台正在参与更多的数量，而1读的读数表明，外国平台的交易活动数量更高。

Recently, this indicator has seen a reversal, according to CryptoQuant analyst Axel Adler Jr. In a post on X, the analyst pointed out that the ratio has been increasing since the start of 2023, and it broke above the 1 level in January.

最近，根据CryptoQuant分析师Axel Adler Jr.的说法，该指标已经逆转了。在X上的一篇文章中，分析师指出，自2023年初以来，该比率一直在增加，并且在一月份的一月份以上是1级。

This signaled a return to dominance from the U.S.-based exchanges, which had lost the edge in late 2022. The indicator continued the trend from last year and observed a further rise to an even higher peak in January.

这表明，从美国的交易所中恢复了统治地位，该交易所在2022年底失去了优势。该指标从去年开始延续了这一趋势，并观察到一月份的峰值进一步上升到更高的峰值。

However, since then, the indicator has seen a sharp reversal, though it is still noteworthy that even after the drop, the indicator’s value continues to be above the 1 mark. This suggests that American platforms are still the dominant ones in Bitcoin volume, albeit to a much smaller degree.

但是，从那时起，指示器就看到了急剧的逆转，尽管仍然值得注意的是，即使在下降之后，指示器的值仍继续高于1分。这表明美国平台仍然是比特币体积中的主要平台，尽管程度要小得多。

The analyst also highlighted on the graph a previous instance of the indicator seeing such a reversal. This last turnaround, which came when the asset was trading around $60,000, led into a rally that took the price to new highs.

分析师还在图上突出显示了指示器的先前实例看到这种反转。这最后的转变是在资产交易约60,000美元的时候，导致了一个将价格提高到新高点的集会。

Something that’s still missing for the indicator’s reversal at present to be confirmed is the trend in the 90-day and 365-day simple moving averages (SMAs). During the previous turnaround, the two lines observed a crossover.

目前，指标逆转仍然缺少的是90天和365天简单移动平均（SMA）的趋势。在上一个周转期间，这两条线观察到了交叉。

Recently, these SMAs have been approaching each other closely, so it’s possible that another crossover may be coming soon. Going by the previous trend, the increase in activity on the American exchanges could once again prove to be bullish for Bitcoin. As of now, though, the crossover hasn’t been confirmed.

最近，这些SMA一直在密切接近彼此，因此可能很快就会出现另一个跨界车。按照上一个趋势，美国交流活动的增加可能再次证明是对比特币的看涨。但是，到目前为止，跨界尚未得到证实。

At the time of writing, Bitcoin is trading at a price of $84,000, having risen by over 10% in the last seven days.

在撰写本文时，比特币的交易价格为84,000美元，在过去的七天中增长了10％以上。