尽管价格适中，比特币（BTC）牛市仍然处于平衡状态

在过去三个月中进行了广泛的价格校正之后，比特币牛市继续处于平衡状态。尽管4月份的价格适中

Bitcoin price has been largely stuck in a consolidation phase after a strong correction from the March 2024 highs. Despite a modest price rebound in April, the premier cryptocurrency is yet to display a strong intent to resume its bull rally with no major market factors to encourage the same. However, crypto analyst Axel Adler Jr. has now highlighted a promising development that could unleash major upside potential for Bitcoin.

从2024年3月的高点进行了强有力的纠正之后，比特币价格在很大程度上被困在整合阶段。尽管4月份的价格适中，但总理的加密货币尚未表现出强烈的意图，即恢复其公牛集会，而没有任何主要的市场因素来鼓励这种情况。但是，加密分析师Axel Adler Jr.现在强调了一个有希望的发展，可以释放比特币的主要上涨潜力。

Long-Term Holders Halt Selling Pressure

长期持有人停止卖压力

In a recent post on X, Adler Jr. shared an important update in Bitcoin long-term holders (LTH) activity, which could prove significantly positive for the broader BTC market.

在X最近的一篇文章中，小阿德勒（Adler Jr.

Using on-chain data from CryptoQuant, the renowned analyst reports that selling pressure by long-term holders, i.e. amount of LTH holdings on exchanges, has now hit its lowest point at 1.1% over the past year. This development indicates that Bitcoin LTH are now opting to hold on to their assets rather than take profits.

这位著名的分析师报告说，使用CryptoQuant的链链数据报告说，长期持有人的销售压力，即交易所的LTH持有量，现在在过去一年中达到了其最低点，为1.1％。这种发展表明，比特币LTH现在选择保留其资产，而不是获得利润。

Adler explains that a further decline in these LTH exchange holdings to 1.0% would signal the total absence of selling pressure. Notably, this development could encourage new market entry and sustained accumulation, creating a strong bullish momentum in the BTC market. Importantly, Alder highlights that the majority of the Bitcoin LTH entered the market at an average price of $25,000, Since then, CryptoQuant has recorded the highest LTH selling pressure of 5.6% at $50,000 in early 2024 and 3.8% at $97,000 in early 2025.

阿德勒（Adler）解释说，这些LTH Exchange Hothings的进一步下降至1.0％，这表明总缺乏销售压力。值得注意的是，这种发展可以鼓励新的市场进入和持续的积累，从而在BTC市场创造强大的看涨势头。重要的是，奥尔德（Alder）强调，大多数比特币LTH以25,000美元的平均价格进入市场，此后，CryptoQuant在2024年初的销售压力最高的5.6％，50,000美元，在2025年初的97,000美元，为97,000美元。

According to Adler, these two instances likely represent the primary profit-taking phases for long-term holders who intended to exit the market. Therefore, a resurgence in selling pressure from this cohort of BTC investors is unlikely in the short-term, which supports a building bullish case as long-term holders currently control 77.5% of Bitcoin in circulation.

根据阿德勒的说法，这两个实例可能代表了打算退出市场的长期持有人的主要利润阶段。因此，在短期内，从BTC投资者队列中销售压力的重新出现不太可能支持建筑物看涨案件，因为长期持有人目前控制着77.5％的比特币流通中。

BTC Price Overview

BTC价格概述

At the time of writing, Bitcoin was trading at $85,226 following a 0.36% gain in the past day and a 0.02% loss in the past week. Both metrics only reflect the ongoing market consolidation as BTC continues to struggle to achieve a convincing price breakout beyond $86,000.

在撰写本文时，比特币在过去一天收益0.36％，在过去一周的损失为0.02％之后，比特币的交易价格为85,226美元。这两个指标仅反映了正在进行的市场整合，因为BTC继续难以实现超过86,000美元的令人信服的价格突破。

Meanwhile, the asset’s performance on the monthly chat now reflects a 1.97% gain, indicating a potential trend reversal as the market correction ceases. Nevertheless, BTC remains in need of a strong market catalyst to ignite any sustainable price rally. With a market cap of $1.67 trillion, Bitcoin is ranked as the largest digital asset, controlling 62.9% of the crypto market.

同时，现在的每月聊天中资产的绩效反映了1.97％的增长，这表明随着市场校正停止，潜在的趋势逆转。然而，BTC仍然需要强大的市场催化剂来点燃任何可持续的价格集会。比特币的市值为1.67万亿美元，被评为最大的数字资产，控制着加密货币市场的62.9％。