随着贸易商意识到$ 5B的利润，比特币（BTC）市场升温，但不确定性隐约可见

由于比特币[BTC]交易员在一天内庆祝了50亿美元的实现利润，因此加密货币市场最近被电气化。

Bitcoin [BTC] traders celebrated a remarkable $5 billion in realized profits in a single day, highlighting an increased pace in the cryptocurrency market, driven by renewed investor confidence.

比特币[BTC]贸易商在一天中庆祝了50亿美元的实现利润，这在重新投资者信心的推动下，强调了加密货币市场的提高。

Nearly $5 billion in #Bitcoin $BTC profits were realized yesterday!

昨天实现了近50亿美元的#bitcoin $ BTC利润！

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However, behind great profits often stands the ghost of uncertainty. These have been massive sell-offs, which, historically, have most often ended in increased market volatility or potential price pullbacks. In this trend, at the time of writing, Bitcoin is changing hands at $105,148, with a 24-hour trading volume of $27.21B, a Market cap of $2.08 T, and a Market dominance of 56.91%. The BTC price is up 0.42% in the last 24 hours.

但是，在巨大的利润后面，通常是不确定性的幽灵。这些都是大量的抛售，从历史上看，这最常以增加的市场波动或潜在价格下跌。在这种趋势中，在撰写本文时，比特币以105,148美元的价格易手，交易量为27.21B美元，市值为2.08吨，市场优势为56.91％。在过去的24小时内，BTC价格上涨了0.42％。

The accumulation of Bitcoin by large investors has been a leading narrative since the U.S. Presidential elections. Their holdings have surged from 16.2 million BTC to 16.4 million BTC, reflecting the growing dominance of institutional players in the market. This huge buildup reinforces the notion of long-term confidence and illustrates the potential of these players to shape Bitcoin’s price trajectory.

自美国总统大选以来，大型投资者的比特币积累一直是主要叙述。他们的持股量从1620万BTC飙升至1640万BTC，这反映了市场上机构参与者的统治地位。这种巨大的积累增强了长期信心的概念，并说明了这些参与者塑造比特币价格轨迹的潜力。

On the other side, retail investors are fleeing from the market. Their total holding have decreased from 1.75 million BTC to 1.69 million BTC in the same period. This may indicate a cautious attitude from the smaller investors, probably because of Bitcoin’s recent high volatility. The gap between institutional and retail investors indicates a very clear picture: the former are setting the pace and leading price momentum. At the same time, reduced participation by the latter may curtail further upward pressure.

另一方面，散户投资者逃离了市场。他们的总股份从同一时期的175万BTC减少到169万BTC。这可能表明较小的投资者的态度谨慎，这可能是由于比特币最近的高波动性。机构和散户投资者之间的差距表明了一个非常清晰的情况：前者正在设定步伐和领先的价格势头。同时，后者减少的参与可能会降低向上压力。

Large investors are driving Bitcoin price gains since the US election.

自美国大选以来，大型投资者正在推动比特币价格上涨。

Holdings grew from 16.2M to 16.4M BTC.

持有量从1620万股增长到1640万BTC。

Meanwhile, small investors reduced theirs from 1.75M to 1.69M.

同时，小型投资者从17.5万笔减少到16.9万。

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Bitcoin Transactions Surge as Trades Double

比特币交易随着交易的两倍而激增

Another key development has been the surge in high-value Bitcoin transactions, with the number of trades above $100,000 more than doubling within a week from 15,620 to 32,320, indicating a wave of heightened market activity. Such a dramatic increase could only mean that either institutional players or high-net-worth individuals are actively trading, further underlining the importance of Bitcoin as a tool for large-scale value transfers.

另一个关键的发展是高价值比特币交易的激增，一周内的交易次数超过100,000美元，比15,620次增加到32,320，这表明市场活动增加了。如此巨大的增长只能意味着机构参与者或高净值个人正在积极交易，进一步强调了比特币作为大规模转移的工具的重要性。

The number of #Bitcoin $BTC transactions over $100,000 has doubled in the past week, rising from 15,620 to 32,320.

#bitcoin $ btc交易的数量超过100,000美元，在过去一周中增加了一倍，从15,620增加到32,320。

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Notably, the 7-day transaction high of 30,320 hints at growing confidence in Bitcoin’s utility beyond speculation. However, whether these metrics reflect sustained long-term optimism or a flurry of short-term speculative trading remains uncertain.

值得注意的是，7天的交易高度为30,320个提示，即对比特币的实用程序的信心越来越大。但是，这些指标是反映了持续的长期乐观还是短期投机交易仍然不确定。

Bitcoin’s price is currently consolidating around $104,000, with support established at $92,210 and resistance looming at $106,143. The recent $5 billion profit-taking spree has shifted short-term momentum toward sellers, but market indicators paint a mixed picture.

比特币的价格目前为104,000美元左右，支持为92,210美元，阻力迫在眉睫，为106,143美元。最近的50亿美元的利润狂潮已将短期势头转移到了卖方上，但市场指标的幅度不佳。

The Relative Strength Index (RSI), currently at 60.82, suggests neutral momentum, leaving room for both bullish and bearish scenarios. BTC’s repeated failure to break above the $106,000 resistance level highlights a need for stronger catalysts to maintain upward momentum. This resistance has become a psychological and technical barrier that Bitcoin must overcome to continue its rally.

目前为60.82的相对强度指数（RSI）表明中性动力，为看涨和看跌的情况留下了空间。 BTC反复未能超过106,000美元的电阻水平，这突显了更强的催化剂维持向上动力的需求。这种抵抗已成为比特币必须克服的心理和技术障碍才能继续进行集会。

The participation ratio is yet another vital indication of market activities and sheds more light on the Bitcoin trend. While the positive participation ratios are reflective of the entry by new participants that drives the liquidation and momentum, the negative ratios reflect exits by players that may finally make a shift toward resistance.

参与率是市场活动的另一个至关重要的迹象，并为比特币趋势提供了更多的启示。尽管积极的参与率反映了推动清算和动力的新参与者的进入，但负比率反映了球员的退出，这些球员可能最终向抵抗转移。

Understand these metrics, which are essential to identify some key support and resistance levels, especially the $104,000-$106,000 range. This zone could determine Bitcoin’s near-term future, acting as either a springboard for further gains or a ceiling that stalls momentum.

了解这些指标，这对于确定一些关键支持和阻力水平至关重要，尤其是104,000美元至106,000美元的范围。该区域可以决定比特币的近期未来，它是进一步增长的跳板，或者是停滞势头的天花板。

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