币安数据突显令人惊讶的市场趋势，比特币 (BTC) 信心增强

比特币最近的价格势头导致其历史新高（ATH）的更新，似乎重新点燃了人们对用于计时市场的关键指标的兴趣

Bitcoin’s recent price surge, culminating in a new all-time high (ATH), has sparked renewed interest in key metrics used to determine optimal market entries and exits.

比特币最近的价格飙升，最终创下历史新高（ATH），引发了人们对用于确定最佳市场进入和退出的关键指标的新兴趣。

One such metric, highlighted by a CryptoQuant analyst known as Darkfost, is the Stock-to-Flow (S2F) reversion. Darkfost’s analysis provides valuable insights for Bitcoin investors.

一位名为 Darkfost 的 CryptoQuant 分析师强调了这样一个指标：库存流量 (S2F) 回归。 Darkfost 的分析为比特币投资者提供了宝贵的见解。

The S2F reversion metric gauges Bitcoin’s price deviations from its expected value based on the S2F model, serving as a crucial indicator for many traders. It helps them assess market sentiment and identify potential profit-taking windows.

S2F 回归指标基于 S2F 模型衡量比特币价格与其预期值的偏差，是许多交易者的关键指标。它帮助他们评估市场情绪并确定潜在的获利了结窗口。

According to Darkfost’s analysis, September 11 marked a significant juncture when the S2F reversion dropped below 1, indicating a possible buying opportunity as Bitcoin traded at $57,000, presenting a chance for investors to enter the market at a favorable price.

根据 Darkfost 的分析，9 月 11 日是一个重要时刻，S2F 回归跌破 1，这表明可能存在买入机会，因为比特币交易价格为 57,000 美元，为投资者提供了以有利价格进入市场的机会。

Now, the analysis highlights another critical threshold—a value above 2.5. Historically, this value has indicated a favorable time to secure moderate profits. Should the metric reach a value above 3, it often signals market overheating, presenting an opportune moment for larger profit-taking strategies.

现在，分析强调了另一个关键阈值——高于 2.5 的值。从历史上看，这个值表明了获得适度利润的有利时机。如果该指标达到 3 以上，通常表明市场过热，为更大的获利了结策略提供了时机。

The S2F reversion metric provides a structured approach to assessing Bitcoin’s price cycles. Based on this analysis, Darkfost suggests a two-step profit strategy: investors should consider securing smaller gains when the metric hits 2.5 and proceed to larger profit-taking if it surpasses 3.

S2F 回归指标提供了一种评估比特币价格周期的结构化方法。基于这一分析，Darkfost 建议采用两步盈利策略：当该指标达到 2.5 时，投资者应考虑获得较小的收益；如果该指标超过 3，则应考虑进行更大的获利了结。

Darfost specifically wrote:

达福斯特特别写道：

A prudent strategy when using this indicator is to take moderate profits once the S2F reversion ratio hits 2.5 and to secure larger profits when the ratio exceeds 3, thereby balancing risk and reward effectively.

使用该指标的谨慎策略是，当S2F回归率达到2.5时，适度获利，当S2F回归率超过3时，获取较大利润，从而有效平衡风险和回报。

BTC Market Performance

比特币市场表现

Despite Darkfost’s suggestion on when to take profits, Bitcoin appears to be continuing its upward momentum. BTC has created a new ATH after reaching a high of $106,352 in the early hours of Monday.

尽管 Darkfost 建议何时获利了结，但比特币似乎仍在继续其上涨势头。 BTC 在周一凌晨触及 106,352 美元高点后创造了新的 ATH。

Although the asset has seen a slight rebound at the time of writing and is currently trading at a price of $105,942, BTC is still up by over 3% in the past day and more than 10% in the past two weeks.

尽管该资产在撰写本文时已出现小幅反弹，目前交易价格为 105,942 美元，但 BTC 在过去一天内仍上涨了 3% 以上，在过去两周内上涨了 10% 以上。

Unsurprisingly, along with the rising price, BTC’s market capitalization has also seen a significant surge in its valuation and is now sitting at roughly over $2 trillion as of today.

不出所料，随着价格的上涨，BTC 的市值也大幅上涨，截至目前大约超过 2 万亿美元。

However, despite this positive momentum, BTC’s daily trading volume has seen an opposite trend.

然而，尽管有这种积极的势头，比特币的每日交易量却出现了相反的趋势。

In particular, this metric, instead of seeing a rise amid BTC’s new ATH, has remained stable and lower than last week’s daily trading volume. At the time of writing, BTC’s trading volume is at $97.4 billion, which is a significant decline from the over $140 billion volume valuation seen last week on December 10.

特别是，该指标并没有在 BTC 新的 ATH 中出现上升，而是保持稳定并低于上周的日交易量。截至撰写本文时，BTC 的交易量为 974 亿美元，较上周 12 月 10 日超过 1400 亿美元的交易量估值大幅下降。