比特币（BTC）市场可能会保持缓慢，直到美国情绪改善

Crypto Quant的首席执行官Ki Young Ju也对比特币价格变动表达了相当保守的看法。他坚信活动

Crypto Quant CEO Ki Young Ju shared a rather conservative view regarding the Bitcoin price movements. He is convinced that activity is going to remain low for a while until the sentiment turns positive in the United States.

Crypto Quant首席执行官Ki Young Ju对比特币价格变动有了相当保守的看法。他坚信活动将保持一段时间，直到情绪在美国的积极变化为止。

In a recent post on X, he explains current market inactivity because there is not much happening on-chain. He also stated that leading indicators are flat, which means that while the bull cycle is not yet over, there is no significant head of steam.

在最近的X上帖子中，他解释了当前的市场不活动，因为链上没有太多发生。他还说，主要指标是平坦的，这意味着虽然牛周期尚未结束，但没有明显的蒸汽头。

#Bitcoin market will likely remain slow until sentiment in the U.S. improves.

#bitcoin市场可能会保持速度缓慢，直到美国情绪改善。

There’s no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact.

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。

Fundamentals remain strong, with more mining rigs coming online.

基本面仍然很强大，更多的采矿钻机即将上线。

If the cycle ends… pic.twitter.com/fSWl26d0gx

如果周期结束了... pic.twitter.com/fswl26d0gx

— cryptoquant (@cryptoquant) October 25, 2024

- 2024年10月25日（@cryptoquant）

Nevertheless, substantial improvements can be observed in Bitcoin’s fundamentals. There is a gradual increase in the number of mining rigs, which is a good sign for the network’s base. However, they may soon face a deceleration in market growth if macroeconomic conditions do not have a positive turn.

然而，在比特币的基本面可以观察到实质性改进。采矿钻机数量逐渐增加，这是网络基础的好兆头。但是，如果宏观经济状况没有积极的转变，他们可能很快就会面临市场增长的减速。

The current lack of activity can mean that the cycle is just hidden, but doubts are beginning to arise.

目前缺乏活动可能意味着周期只是隐藏的，但是疑问开始引起。

If the current market cycle has to end now, it will be an opportunity lost for many. The major players, such as whales, mining companies, banks/financial institutions and global influential billionaires personalities like Donald Trump, would not want this cycle to come to this stage. Nonetheless, retail investors cannot influence the market to the same extent as they used to in the past. The driving forces behind price fluctuations in BTC are massive institutional market players.

如果当前的市场周期必须现在结束，那么许多人将失去机会。主要参与者，例如鲸鱼，矿业公司，银行/金融机构以及像唐纳德·特朗普（Donald Trump）这样的亿万富翁人物，不希望这个周期进入这个阶段。尽管如此，零售投资者不能像过去相同的程度上影响市场。 BTC价格波动背后的推动力是机构市场参与者。

Bitcoin came rather close to $95,000 but failed to break through it and then pulled back. Michael van de Poppe pointed out that BTC faced rejection at this price level. Since then, it has been trading sideways, and the price on any cryptocurrency has demonstrated limited volatility. The liquidity on the demand side as well as on the supply side side has been bought up, meaning that a blowout to the upside may be a while in coming.

比特币接近95,000美元，但未能突破它，然后退后。迈克尔·范·德·波普（Michael Van de Poppe）指出，BTC在这个价格水平上面临拒绝。从那时起，它一直在侧面交易，任何加密货币的价格都显示出有限的波动性。需求侧以及供应侧的流动性已被收购，这意味着上升空间的井喷可能会有一段时间。

Basically, #Bitcoin rejected at the resistance at $95K and is back chopping around.

基本上，#bitcoin以$ 95K的价格拒绝了，并回来了。

All liquidity on both sides have been taken.

双方的所有流动性都已采取。

What to expect?

期待什么？

Honestly, I think we'll need to wait until this week is over as there's a lot of macro-economic data & events and the Summit. pic.twitter.com/j6ZolJgfvg

老实说，我认为我们需要等到本周结束，因为有很多宏观经济数据和事件以及峰会。 pic.twitter.com/j6zoljgfvg

— Michael van de Poppe (@MvandePoppe) October 25, 2024

- 迈克尔·范·德·波普（@mvandepope）2024年10月25日

Looking into the future Bitcoin trading participants are waiting for more clarity. Van de Poppe tweeted that it will take up to the end of the week to know how macroeconomic data and events will impact Bitcoin. There is a possibility that a major economic summit, and other important events may be of assistance.

研究未来的比特币交易参与者正在等待更加清晰。范德·波普（Van de Poppe）发推文说，要知道宏观经济数据和事件将如何影响比特币，它将需要到本周末。大规模的经济峰会和其他重要事件可能会带来帮助。

For now, more investors will have to wait for signs to emerge, although this particular market is bound to be dynamic in the long run. As of now, BTC is trading at $82,857, showing a 44% decline over the past day.

目前，越来越多的投资者将不得不等待迹象出现，尽管从长远来看，这个特殊的市场必然会动态。截至目前，BTC的交易价格为82,857美元，过去一天下降了44％。