比特币（BTC）交易所储备跌至五年低点——暗示

加密货币交易所的比特币（BTC）数量持续下降，最近的记录显示已达到近期最低水平。

The quantity of Bitcoin (BTC) on crypto exchanges has continued to fall, reaching its lowest level in recent times.

加密货币交易所的比特币（BTC）数量持续下降，达到近期最低水平。

According to recent data from CryptoQuant, the Bitcoin supply across exchanges has dropped to a five-year low.

根据 CryptoQuant 的最新数据，各交易所的比特币供应量已降至五年来的最低点。

This development comes amid a bullish price movement in the market.

这一发展是在市场价格看涨的情况下发生的。

Bitcoin on Exchanges Drops – What It Means

交易所的比特币下跌——这意味着什么

The data from CryptoQuant shows that investors are continuously withdrawing their Bitcoin from major centralized crypto exchanges.

CryptoQuant 的数据显示，投资者不断从主要的中心化加密货币交易所撤回比特币。

Comparing this pattern to the notable price increase, CryptoQuant’s analyst Gaah noted that the developing shortage may amplify buying pressure.

CryptoQuant 的分析师 Gaah 将此模式与显着的价格上涨进行比较，指出日益严重的短缺可能会放大购买压力。

Gaah interpreted the current scenario as a shift in investors’ behavior. According to the analyst, more investors are opting to remove their assets from exchanges for long-term storage in private wallets.

加赫将当前情况解释为投资者行为的转变。这位分析师表示，越来越多的投资者选择将资产从交易所移出，以便长期存储在私人钱包中。

This movement has been consistent since 2022, reducing the amount of Bitcoin available for immediate sale. In turn, this trend has continued to create buying pressure in a tight supply environment.

这一趋势自 2022 年以来一直存在，减少了可立即出售的比特币数量。反过来，这种趋势在供应紧张的环境下继续造成购买压力。

Reduced exchange reserves are generally indicative of longer-term holding sentiment. This ongoing decline in Bitcoin liquidity, especially during high demand, may cause a supply squeeze, driving up prices.

外汇储备减少通常表明长期持有情绪。比特币流动性的持续下降，尤其是在需求旺盛的情况下，可能会导致供应紧张，推高价格。

The CryptoQuant analyst further noted that the situation suggests increased investor confidence in the leading cryptocurrency.

CryptoQuant 分析师进一步指出，这种情况表明投资者对领先的加密货币的信心增强。

According to Gaah, these investors view Bitcoin as a store of value in a global economic context of uncertainty and high inflation.

加赫表示，这些投资者将比特币视为在全球经济不确定性和高通胀背景下的一种价值储存手段。

While this scenario signals a potentially more volatile market, Gaah also indicated that it points to a more resilient Bitcoin market.

虽然这种情况预示着市场可能会更加波动，但加赫也表示，这表明比特币市场更具弹性。

With less selling pressure and the dominance of long-term holders, Gaah believes the market could open up space for new price peaks.

加赫认为，随着抛售压力的减轻和长期持有者的主导地位，市场可能会为新的价格峰值打开空间。

Bitcoin Price and the Market Rally Trend

比特币价格和市场反弹趋势

Bitcoin price recently rallied to an all-time high of $93,244. It may reach that level again since its reserves are still running low on exchanges.

比特币价格最近上涨至 93,244 美元的历史新高。由于交易所的储备金仍然不足，它可能会再次达到这一水平。

At the time of writing, BTC was trading at $89,728, showing a 24-hour price increase of 1.2%. Monthly gains stand at 31.8%, while the yearly return has reached 146%.

截至撰写本文时，BTC 交易价格为 89,728 美元，24 小时价格上涨 1.2%。月收益达31.8%，年收益达146%。

The fundamentals surrounding the price of Bitcoin support this bullish growth trend. From the Bitcoin halving to institutional adoption and Bitcoin ETF, many considered the rally long due.

围绕比特币价格的基本面支持了这种看涨的增长趋势。从比特币减半到机构采用和比特币 ETF，许多人认为反弹早已到来。

Meanwhile, Bitcoin is not the only cryptocurrency experiencing bullish momentum. Ethereum (ETH), the second-largest cryptocurrency, has increased 4.3% in the past week.

与此同时，比特币并不是唯一出现看涨势头的加密货币。第二大加密货币以太坊（ETH）在过去一周上涨了 4.3%。

Other top altcoins, including Solana (SOL) and XRP, surged by 6.53% and 60.7% within seven days. The ongoing market rally included top memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB).

其他顶级山寨币，包括 Solana (SOL) 和 XRP，在 7 天内飙升 6.53% 和 60.7%。持续的市场上涨包括狗狗币（DOGE）和柴犬（SHIB）等顶级模因币。

In the last week, DOGE and SHIB spiked by 88% and 28%, respectively. The surge in the crypto market came after Donald Trump won the US presidential election.

上周，DOGE 和 SHIB 分别飙升 88% 和 28%。唐纳德·特朗普赢得美国总统大选后，加密货币市场激增。

Tagged the “Crypto President,” many believe his administration will come with clear regulations for the industry.

许多人被贴上“加密货币总统”的标签，认为他的政府将为该行业制定明确的法规。

Is $100,000 the Next Stop

100,000 美元是下一站吗

According to analysts, Bitcoin price could soar as high as $100,000 in the next few months. The Bitcoin price chart shows crucial psychological support and resistance levels at the $100,000 level right now.

分析师称，未来几个月比特币价格可能飙升至 10 万美元。比特币价格图表显示目前关键的心理支撑位和阻力位为 100,000 美元。

If Bitcoin manages to overcome this barrier, the next targets may be above $100,000. In case of a pullback, the $80,000 level serves as a strong support cushion.

如果比特币能够克服这一障碍，下一个目标可能会超过 10 万美元。如果出现回调，80,000 美元的水平将成为强有力的支撑缓冲。

Bulls would need to protect this level to maintain the upward momentum. Notably, Bitcoin’s recent price surge past $93,000 is noteworthy.

多头需要保护这一水平才能维持上涨势头。值得注意的是，比特币最近的价格飙升至 93,000 美元以上，值得注意。

If the current momentum continues, the coin will enter a price discovery phase, which could fuel its exponential growth.

如果目前的势头持续下去，代币将进入价格发现阶段，这可能会推动其指数级增长。