随着鲸鱼投资 4B 美元，比特币 (BTC) 市场降温，但人们对潜在市场调整的担忧加剧

比特币 (BTC) 经历了爆炸性的一周，价格飙升至 99 美元的历史新高，周末短暂停顿后，周日交易平静。

Bitcoin (BTC) price remained largely unchanged on Sunday, following a brief pause over the weekend after an explosive week that saw its price soar to a new all-time high.

比特币（BTC）价格在经历了爆炸性的一周飙升至历史新高后，周末短暂停顿，周日价格基本保持不变。

After a slight dip from Friday’s record peak of $99,655, Bitcoin’s price hovered around $96,000 on Sunday morning, showing a 2.55% decrease over the past 24 hours. However, the world’s leading cryptocurrency still showed a remarkable 66.3% gain year-to-date.

比特币价格自周五创下的历史高点 99,655 美元小幅下跌后，周日上午徘徊在 96,000 美元左右，过去 24 小时内下跌了 2.55%。然而，全球领先的加密货币今年迄今仍实现了 66.3% 的惊人涨幅。

Notably, this surge has propelled Bitcoin’s market capitalization to an impressive $1.9 trillion, positioning it alongside tech giants like Google. As the leading cryptocurrency extends its rally, it draws growing interest from large investors.

值得注意的是，这种飙升已将比特币的市值推至令人印象深刻的 1.9 万亿美元，使其与谷歌等科技巨头并驾齐驱。随着领先的加密货币继续上涨，它吸引了大型投资者越来越多的兴趣。

According to renowned crypto analyst Ali Martinez, whales have invested nearly $4 billion in Bitcoin over the past four days, betting that its price could soar well beyond $100,000.

据著名加密货币分析师阿里·马丁内斯 (Ali Martinez) 称，在过去四天里，鲸鱼已在比特币上投资了近 40 亿美元，押注其价格可能飙升至 10 万美元以上。

“Bitcoin whales have bought over 40,000 BTC in the last 96 hours, worth around $3.96 billion,” he tweeted Saturday.

“比特币鲸鱼在过去 96 小时内购买了超过 40,000 枚比特币，价值约 39.6 亿美元，”他周六在推特上写道。

Martinez pointed out that 65,000 BTC, worth around $6.37 billion, had been withdrawn from exchanges in the same timeframe. This sharp withdrawal trend further underscores the growing confidence in Bitcoin’s future as investors opt to hold rather than trade.

马丁内斯指出，同一时间段内有 65,000 枚 BTC，价值约 63.7 亿美元，已从交易所撤出。这种急剧的撤资趋势进一步凸显了人们对比特币未来的信心不断增强，因为投资者选择持有而不是交易。

That said, several key factors are driving Bitcoin’s impressive rise, with analysts highlighting catalysts such as the recent Federal Reserve’s interest rate cuts, increasing institutional investments through Bitcoin exchange-traded funds (ETFs), and ongoing purchases by major players like MicroStrategy.

尽管如此，有几个关键因素正在推动比特币的惊人上涨，分析师强调了一些催化剂，例如美联储最近的降息、通过比特币交易所交易基金（ETF）增加机构投资以及 MicroStrategy 等主要参与者的持续购买。

However, despite Bitcoin’s strong ascent, concerns about a potential market correction are mounting. Martinez cautioned that the TD Sequential indicator had issued a sell signal on the 12-hour Bitcoin chart, suggesting a possible price pullback to $91,583 or even $85,610. To invalidate this bearish signal, he noted that Bitcoin must close above $100,535.

然而，尽管比特币强劲上涨，但对潜在市场调整的担忧仍在加剧。 Martinez 警告称，TD 序贯指标已在 12 小时比特币图表上发出卖出信号，表明价格可能回调至 91,583 美元甚至 85,610 美元。他指出，为了使这一看跌信号无效，比特币收盘价必须高于 100,535 美元。

Elsewhere, CryptoQuant, a leading on-chain analytics firm, also identified several critical indicators that suggest a local market peak could be forming. These include the MVRV ratio exceeding 3.7, which historically has marked market tops, and the Fear & Greed Index pushing beyond 80, a threshold that typically precedes price pullbacks. The index indicator has surged to 80 points, signaling “extreme greed” in the market.

在其他地方，领先的链上分析公司 CryptoQuant 也确定了几个关键指标，表明当地市场峰值可能正在形成。其中包括超过 3.7 的 MVRV 比率（历史上已达到市场顶部），以及超过 80 的恐惧与贪婪指数（通常是价格回调之前的阈值）。该指数已飙升至80点，表明市场“极度贪婪”。

Meanwhile, Glassnode founders “Negentropic” offered a cautionary note, observing that as Bitcoin knocks on the $100K door, it could prompt significant profit-taking.

与此同时，Glassnode 创始人“Negentropic”提出了警告，指出当比特币敲响 10 万美元大门时，可能会引发大幅获利了结。

“Beware—$100K could trigger major profit-taking. So far, the sell-offs haven't been as intense as in March, when Bitcoin hit its $73K all-time high, or during the $70K retest in late May. If we see a sharp uptick in profit-taking indicators, a price correction becomes more likely,” they tweeted.

“请注意，10 万美元可能会引发重大获利了结。到目前为止，抛售并未像 3 月份那样剧烈，当时比特币触及 7.3 万美元的历史高点，也没有 5 月底重新测试 7 万美元时那么激烈。如果我们看到获利了结指标急剧上升，价格调整的可能性就更大，”他们在推特上写道。

Nevertheless, Bitcoin’s overall outlook remains positive. Charles Edwards, founder of Capriole Fund and CEO, predicted that Bitcoin would have a parabolic run after surpassing $100,000. Experts from Bernstein also foresaw Bitcoin reaching $200,000 by 2025, driven by increasing institutional interest.

尽管如此，比特币的整体前景仍然乐观。 Capriole基金创始人兼首席执行官查尔斯·爱德华兹（Charles Edwards）预测，比特币在突破10万美元后将呈现抛物线走势。 Bernstein 的专家还预计，在机构兴趣增加的推动下，到 2025 年，比特币将达到 20 万美元。

Meanwhile, CryptoQuant’s CEO, Ki Yoon Joo, suggested a more conservative price target of $141,000 in this market cycle, tweeting on Sunday that the “Bitcoin market seems too early to call a bubble.”

与此同时，CryptoQuant 的首席执行官 Ki Yoon Joo 建议在这个市场周期中将目标价格定为 141,000 美元，并在周日发推文称“比特币市场似乎还为时过早。”

At press time, BTC was trading at $96,096, reflecting a modest drop of 2.55% over the past 24 hours.

截至发稿时，BTC 交易价格为 96,096 美元，过去 24 小时内小幅下跌 2.55%。