降低0.84％后，比特币[BTC]市场保持稳定，显示出疲惫的迹象

在过去的24小时内，BTC保持了相对稳定的性能，略微下降了0.84％，显示出明显的市场疲惫迹象。

Bitcoin [BTC] has maintained relatively stable performance over the last 24 hours, dropping slightly by 0.84%, showing clear signs of exhaustion in the market. However, several indicators now suggest that a rally is near and in motion, with Bitcoin potentially extending its move further.

在过去的24小时内，比特币[BTC]保持了相对稳定的性能，略微下降了0.84％，显示出明显的市场疲惫迹象。但是，现在有几个指标表明集会即将到来，比特币可能进一步扩展其移动。

One critical metric aligning with the bullish narrative is the sell-side ratio. This ratio compares investor spending within a specific period to the realized market capitalization.

卖方比率是一个关键的指标与看涨的叙述。该比率将在特定时期内的投资者支出与已实现的市值进行了比较。

Historically, when this level drops to the 0.1% region or below, it often signals the start of a major price rally. Currently, the sell-side ratio stands at 0.086%, implying that Bitcoin could resume its rally soon.

从历史上看，当该水平下降到0.1％的地区或以下时，它通常会标志着主要价格集会的开始。目前，卖方比率为0.086％，这意味着比特币可以很快恢复其集会。

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图片来源：玻璃节

Furthermore, the adjusted spent output profit ratio (aSOPR) has recently crossed below 1, with a reading of 0.99—suggesting that traders are selling at a loss.

此外，调整后的支出利润率（ASOPR）最近越过1次以下，读数为0.99，这表明交易者正在损失出售。

Selling at a loss usually forces the market upward as Bitcoin is being accumulated at a discount.

由于比特币以折扣价累积，损失的销售通常会迫使市场向上迫使市场。

While these indicators remain bullish and suggest a rally could be near, AMBCrypto’s analysis shows that traders may be waiting for the optimal buying opportunity.

尽管这些指标仍然看涨，并暗示可能会举行集会，但Ambcrypto的分析表明，交易者可能正在等待最佳的购买机会。

The Bitcoin Market Value to Realized Value (MVRV) momentum (70-day) indicator helps determine this prime opportunity. A major price run typically begins when the MVRV crosses above its 70-day moving average.

对实现价值（MVRV）动量（70天）指标的比特币市场价值有助于确定这一主要机会。当MVRV超过其70天移动平均线以上时，主要价格通常会开始。

If this happens, Bitcoin could start making higher highs, increasing its overall monthly gain, currently at 4.32%, according to CoinMarketCap.

根据CoinMarketCap的数据，如果发生这种情况，比特币可能会开始提高高点，增加其总月收益，目前为4.32％。

Market activity remains low

市场活动仍然很低

Market activity remains subdued, with fewer transactions occurring, indicating a lack of momentum to push Bitcoin forward.

市场活动仍然柔和，交易量较少，这表明缺乏推动比特币前进的动力。

At the time of writing, the amount of BTC being transferred has dropped significantly, currently at approximately 441,000 BTC—a sharp decline from previous highs.

在撰写本文时，转移的BTC数量已大大下降，目前约为441,000 BTC，与以前的高点相比急剧下降。

If market momentum continues to decline, the likelihood of a sustained rally remains slim. For a rally to occur with full force, both volume and price must rise simultaneously.

如果市场势头继续下降，持续集会的可能性仍然很小。为了使集会全力发生，数量和价格都必须同时上升。

A divergence between the two would indicate weak momentum, making a rally unlikely.

两者之间的差异表明势头较弱，使集会不太可能。

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