CryptoQuant的Ki Young Ju说，比特币（BTC）市场将保持缓慢，直到美国情绪改善。

CryptoQuant的首席执行官Ki Young JU分析了比特币市场的现状

Cryptoquant’s CEO Ki Young Ju has shared his insights into the Bitcoin market, highlighting the importance of US sentiment in the immediate future of the crypto market. According to Ju, the market will likely remain slow until sentiment in the U.S. gets better.

CryptoQuant的首席执行官Ki Young Ju分享了他对比特币市场的见解，强调了我们在加密货币市场不久的未来中的重要性。根据JU的说法，直到美国的情绪变得更好，市场可能会保持速度缓慢。

Bitcoin market will likely remain slow until sentiment in the U.S. gets better. There’s no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact. Fundamentals remain strong, with more mining rigs coming online. If the cycle ends… https://t.co/fSWl26d0gx

比特币市场可能会保持缓慢，直到美国的情绪变得更好。没有明显的链活动，关键指标是中性的，表明牛周期仍然完好无损。基本面仍然很强大，更多的采矿钻机即将上线。如果周期结束了……https://t.co/fswl26d0gx

— Ki Young Ju (@Ki_Young_Ju) August 16, 2024

-Ki Young Ju（@ki_young_ju）2024年8月16日

Ju’s latest post on X focused on how crucial indicators like the Hash Rate, NetFlows, and the Fear & Greed Index remain neutral despite bullish fundamentals. The well-known crypto market analyst mentioned the growing number of Bitcoin mining rigs as a basic development that hints at a bullish future for the crypto market.

JU关于X的最新文章集中在诸如哈希率，Netflows和Fear＆Greed指数之类的关键指标尽管基本面仍然是中性的。这位著名的加密市场分析师提到，比特币采矿钻机的数量越来越多，这是一个基本发展，暗示了加密市场的看涨未来。

"The good news is that we're seeing more mining rigs come online, which is a fundamental strength. We're also not seeing any major signs of stress in the market. The Fear & Greed Index is now at 40, which is in the neutral zone, and NetFlows are still slightly positive, indicating that investors are still marginally buying Bitcoin."

“好消息是，我们看到更多的采矿钻机上网，这是一种基本的优势。我们也没有看到市场上有任何重大压力的迹象。恐惧和贪婪指数现在为40岁，在中立区位于中立区，而Netflows仍然有点积极，表明投资者仍然很少购买比特币。”

However, besides the clear fundamentals, Bitcoin has little on-chain activity. According to Ju, this lack of activity might indicate that the market is waiting for a catalyst, which could be a regulatory decision or a macroeconomic event.

但是，除了明确的基本面外，比特币几乎没有链活动。根据JU的说法，这种缺乏活动可能表明市场正在等待催化剂，这可能是监管决定或宏观经济事件。

"We're also not seeing much activity in the options market, which is surprising given the upcoming regulatory decisions and macroeconomic events. This lack of activity might indicate that traders are waiting for a clear direction from the market."

“我们在期权市场上也没有看到太多活动，这是令人惊讶的，考虑到即将进行的监管决策和宏观经济事件。缺乏活动可能表明，交易者正在等待从市场上明确的方向。”

Despite this, Ju doesn’t think the current market condition means the bull run is over. According to him, many traders, including whales, mining companies, TradeFi, and Donald Trump, feel the same way.

尽管如此，JU并不认为当前的市场状况意味着公牛的运转已经结束。据他说，许多商人，包括鲸鱼，矿业公司，贸易法和唐纳德·特朗普，他们也有同样的感觉。

"Everyone is talking about how the U.S. retail traders will decide the market's next move. But I think it's up to the institutions and the government to provide the narrative that will drive the market higher."

“每个人都在谈论美国零售商人将如何决定市场的下一步行动。但是我认为这取决于机构和政府，以提供将推动市场更高的叙述。”

Basically, Ju doesn’t believe retail traders can decide the crypto market’s next move. Instead, he thinks it will be up to the institutions and the government to provide the narrative that will drive the market higher.

基本上，JU不相信零售商人可以决定加密市场的下一步行动。取而代之的是，他认为这将取决于机构和政府提供将推动市场更高的叙述。