比特币（BTC）的开放兴趣已从其历史最高水平下降了35％，这意味着对冲和投机性交易。

开放式利息在任何时候都在任何时候跟踪未销售衍生合同的总数，当时BTC击中其ATH至今天的245亿美元，从570亿美元下降。这意味着市场推动者正在结束不确定性或放松杠杆作用。

Open interest in Bitcoin (BTC) has dropped 35% from its all-time high, signaling less hedging and speculative trading, according to on-chain data from Glassnode.

根据GlassNode的链链数据，对比特币（BTC）的开放兴趣已从其历史最高高的高度下降了35％，信号减少了对冲和投机性交易。

At its peak, open interest, which tracks the total number of outstanding derivative contracts at any time, reached $57 billion when BTC hit its all-time high of over $109,000 in January. However, this figure has since decreased significantly, and at present, stands at $24.5 billion.

当BTC在一月份达到其历史最高高点以上的高点时，在其最高峰上追踪了未偿还衍生品合同的总数，达到了570亿美元。但是，此数字从那以后大大减少，目前为245亿美元。

This decline in open interest suggests that market movers are closing out uncertainty or unwinding leverage, which had built up during BTC's rapid ascent earlier this year.

开放兴趣的这种下降表明，市场推动者正在结束不确定性或放松杠杆作用，这在BTC今年早些时候迅速上升。

As Bitcoin attempts to regain momentum following recent selling pressure, it has encountered resistance at the $90,000 level, which it failed to break through despite multiple tries over the last two weeks.

随着比特币在最近的销售压力之后试图恢复动力，它在90,000美元的水平上遇到了阻力，尽管过去两周进行了多次尝试，但它仍未突破。

This failure to break the resistance level has put downward pressure on BTC, which could be contributing to the decline in open interest and other on-chain liquidity measures.

这种未能打破阻力水平的人对BTC施加了向下压力，这可能导致开放兴趣和其他链上流动性指标的下降。

On-chain data also shows that the unwinding of long-side bias from cash-and-carry trade, where traders make money on the difference between spot and futures prices, has also contributed to the downward pressure on BTC.

链上的数据还表明，现金与货运贸易的长期偏见在现金和期货价格之间赚钱，这也导致了BTC的下降压力。

Furthermore, some CME futures contracts are terminating, and there is pressure on Bitcoin exchange-traded funds (ETFs), which are recording outflows.

此外，一些CME期货合约正在终止，并且对比特币交易所交易的资金（ETF）有压力，这些资金正在记录外流。

Another interesting shift is in BTC's "Hot Supply," which refers to coins held for one week or less. Over the last three months, this hot supply has dropped drastically from 5.9% of Bitcoin's circulating supply to a mere 2.8%.

另一个有趣的转变是BTC的“热供应”，它是指持有一周或更短的硬币。在过去的三个月中，这种热供应从比特币循环供应的5.9％下降到仅2.8％。

This decrease of over 50% suggests that fewer newly acquired Bitcoins are being actively traded, reducing market liquidity and potentially signaling reduced demand for the cryptocurrency.

减少50％以上的减少表明，正在积极交易的新获得的比特币更少，从而降低了市场流动性，并可能发出信号减少了对加密货币的需求。

Additionally, Bitcoin exchange inflows have also declined dramatically, going from 58,600 BTC / day to 26,900 BTC / day, a 54% decrease. While this may signal less selling pressure as fewer coins are being sent to exchanges to be traded, it also indicates weaker demand.

此外，比特币交换的流入量也急剧下降，从58,600 BTC /天增加到26,900 BTC /天，下降了54％。虽然这可能表明销售压力较小，因为将硬币发送到要交易的交易所较少，但也表明需求较弱。

BTC is currently trading at $84,001, holding above the important support at $85,000, which is crucial for the continuation of the Bitcoin uptrend, according to industry analyst "Unknown Trader."

BTC目前的交易价格为84,001美元，在重要的支持下持有85,000美元，这对于比特币上升趋势的继续至关重要。

Above this level, the asset is still in an uptrend, having closed above the 200-day moving average, a historically bullish indicator for long-term price momentum, and recently broke above the Fib level.

高于此水平，资产仍处于上升趋势，已经关闭了200天的移动平均水平，这是长期价格势头的历史看涨指标，并且最近破裂了FIB水平。

However, if BTC falls below $85,000, it could open the door for further declines to the next support at $78,000.

但是，如果BTC低于$ 85,000，它可能会为下一个支持的进一步下降，以78,000美元的价格打开大门。

BTC is back up to the retest of around $85,000 again. If it soars, analysts anticipate a move to the resistance zone of $90,500-$92,441. Yet, this solid rejection level can keep fine-tuning a swoop back up until another retest at $85,000.

BTC再次重新获得了约85,000美元的重新测试。如果飙升，分析师预计将转移到90,500- $ 92,441的电阻区。但是，这种稳固的拒绝水平可以继续进行微调，直到再次重新测试为85,000美元。

CryptoQuant analyst Woominkyu, for his part, reported potential institutional accumulation. He pointed out how the 30-day EMA of the Coinbase Premium Index is struggling to cross above the one-hundred-day EMA.

加密分析师Woominkyu就其出现了潜在的机构积累。他指出，Coinbase Premium指数的30天EMA如何努力超过一百天EMA。

This crossover happened before BTC's price rallies typically; therefore, institutional players could be accumulating Bitcoin. As institutional demand continues to pour in, BTC's price could still rise, prolonging this bull market instead of signaling its top.

这种交叉发生在BTC的价格集会通常是在通常的情况下发生的。因此，机构参与者可能会积累比特币。随着机构需求继续涌入，BTC的价格仍然可能上升，延长了这个牛市，而不是发出最高的信号。