随着鲸鱼的积累

CryptoQuant说，比特币可能正在为重大波动付出准备，因为超过170,000 BTC的价值超过140亿美元，从钱包中移动了3-6个月。

Cryptoquant has detected an interesting development in the mid-term bitcoin holders (3-6 months) as over 170,000 BTC, valued at over $14 billion, was moved from these wallets.

CryptoQuant检测到中期比特币持有人（3-6个月）的一个有趣的发展，超过170,000 BTC，价值超过140亿美元，已从这些钱包中移动。

It notes that these large movements from mid-term bitcoin holders often signals that something major is about to happen. Historically, these wallet movements have arrived right before major price swings, be it a breakout rally (green boxes) or a sharp drop (red boxes).

它指出，中期比特币持有人的这些大型运动通常表明将要发生重大事情。从历史上看，这些钱包的动作已经在主要价格波动之前到达，无论是突破集会（绿色盒子）还是急剧（红色的盒子）。

Specifically, this group of bitcoin holders are usually more reactive than long-term investors but tend to be calmer than short-term traders, which often acts key during market transitions. Similar patterns were noted before bitcoin’s bull run in 2021 and the 2022 crash.

具体而言，这组比特币持有人通常比长期投资者更具反应性，但比短期交易者往往会更加平静，而短期交易者通常在市场过渡期间行事至关重要。在2021年比特币的公牛运行和2022年崩溃之前，也有类似的模式。

Analysts note that although the direction is not clear, this is a warning sign of major volatility ahead.

分析师指出，尽管方向尚不清楚，但这是未来波动率的警告信号。

Bitcoin has lately been stuck between $75,000 and $87,000 recently due to the global trade tensions triggered by Trump’s tariffs. This has added to the uncertainty in the markets impacting investor confidence.

由于特朗普的关税引起的全球贸易紧张张力，最近比特币最近被困在75,000至87,000美元之间。这增加了影响投资者信心的市场的不确定性。

Whales Bullish Despite Economic Pull Back

鲸鱼看涨，尽管经济退缩了

Notably, bitcoin whales and large investors are showing strong bullish sentiment despite the economic headwinds. According to data from Glassnode, whales and sharks are now accumulating BTC at over three times the yearly issuance rate, which marks the fastest pace in bitcoin’s history. Besides, exchanges are witnessing historic outflows which indicates a shift towards long-term bitcoin holding and self-custody.

值得注意的是，尽管经济逆风，比特币鲸和大型投资者仍表现出强烈的看涨情绪。根据GlassNode的数据，鲸鱼和鲨鱼现在以年度发行率的三倍以上积累了BTC，这标志着比特币历史上最快的速度。此外，交流目睹了历史性的流出，这表明向长期的比特币持有和自我顾客转变。

According to latest data from lookonchain, whales are stacking up bitcoin. A wallet linked to Abraxas Capital recently withdrew 505 BTC worth over $42 million Binance. Notably, over the past four days, the wallet has withdrawn a total of 2,949 BTC worth $259 million. Such large moves indicate institutional confidence in bitcoin.

根据Lookonchain的最新数据，鲸鱼正在堆叠比特币。与Abraxas Capital有关的一块钱包最近撤回了505 BTC，价值超过4200万美元。值得注意的是，在过去的四天中，钱包撤回了总计2,949 BTC，价值2.59亿美元。如此大的举动表明对比特币的机构信心。

Analysts Note Key Levels

分析师注意关键水平

Analyst Scott Melker recently pointed out that bitcoin has finally closed a strong daily candle well above the 50-day moving average for the first time in months. This could be a positive sign hinting a a potential short-term trend reversal. However this is less convincing as the breakout happened with a low trading volume,

分析师斯科特·梅尔克（Scott Melker）最近指出，比特币终于在几个月来首次关闭了强大的每日蜡烛，远高于50天移动平均线。这可能是一个积极的信号，暗示了AA潜在的短期趋势逆转。但是，由于交易量较低，突破发生了，这并不是令人信服的

He notes that for bitcoin to show real strength, it needs more buying and to break above $88,804 and the 200-day average. “Bulls need to follow through with strength”, he said.

他指出，要使比特币表现出真正的实力，它需要更多的购买，并超过88,804美元和200天的平均水平。他说：“公牛需要坚持力量。”

While analyst Ali Martinez shared in a recent post that with bitcoin currently consolidating in a tight range, a breakout over $86,000 or a breakdown below $83,000 could determine its next big move.

尽管分析师阿里·马丁内斯（Ali Martinez）在最近的一篇文章中分享了，该文章目前与比特币合并在紧密的范围内，但突破超过86,000美元或低于83,000美元的崩溃可能会决定其下一个大举动。