比特币[BTC]价格超过$ 87,000，为主要价格集会设置了舞台

比特币[BTC]正在上升，在过去24小时内的3.26％集会后，比特币进入了87,000美元的地区，在过去一周中，其累积增长率为4.38％。

Bitcoin [BTC] broke into the $87,000 zone on Thursday, 3 August. The world’s leading cryptocurrency rose by 3.26% in the past 24 hours and by 4.38% over the past week.

比特币[BTC]在8月3日星期四闯入了87,000美元的区域。在过去的24小时内，世界领先的加密货币增长了3.26％，在过去一周中增长了4.38％。

Bitcoin has been trading in a limited range for days now, but several observations suggest that this could be setting the stage for a major price rally.

比特币已经在有限的范围内已有数天了，但是一些观察结果表明，这可能是为重大价格集会奠定基础。

Miners have stopped selling and are now accumulating, while U.S. and Korean investors are also entering the market with more buying pressure. Derivative traders are responding with a positive Funding Rate across exchanges.

矿工已经停止销售，现在正在积累，而美国和韩国投资者也以更大的购买压力进入市场。衍生品交易者正在以跨交易所的积极融资率做出回应。

Key metrics are declining, but there is still hope

关键指标正在下降，但仍然有希望

Bitcoin’s price has dropped by over 9.83% in the past month, according to CoinMarketCap. A large part of this decline can be attributed to the sharp decrease in transfer volume.

根据CoinMarketCap的数据，过去一个月，比特币的价格下跌了9.83％。这种下降的很大一部分可以归因于转移量的急剧下降。

Transfer volume has fallen from a peak of $87 billion to $42 billion—nearly half in the past month. Such a decline signals reduced trader interest, leading to lower market activity.

转会量从870亿美元的高峰降至420亿美元，在过去一个月中的一半。这样的下降信号降低了交易者的兴趣，导致市场活动降低。

According to Chainalysis data, Bitcoin’s recent upward move has been driven by buying activity between the $82,590 to $85,150 price levels, where 625,000 BTC was purchased with some orders filled.

根据Chainalysis数据，比特币最近的向上移动是由82,590美元至85,150美元的价格水平之间的购买活动所驱动的，其中购买了625,000 BTC并填补了一些订单。

Bitcoin is expected to face significant selling pressure as it approaches the $95,400 to $97,970 supply zone, where sell orders for 1.44 million BTC are stacked.

预计比特币将面临巨大的销售压力，因为它接近95,400至97,970美元的供应区，其中堆积了144万BTC的销售订单。

If the asset fails to gain more momentum heading into this region, a further decline could follow.

如果资产未能获得更多进入该地区的动力，则可能会进一步下降。

Will Bitcoin gather the needed momentum?

比特币会收集所需的势头吗？

Buying activity in the market suggests that Bitcoin’s momentum could continue growing. This is supported by the Miner’s Position Index (MPI), which indicates whether miners are buying or selling based on token movement.

市场上的购买活动表明，比特币的势头可能会继续增长。这得到了矿工的位置指数（MPI）的支持，该指数表明矿工是根据令牌运动而购买还是出售。

Currently, the MPI has turned negative, dropping as low as -1.5, meaning that miners have stopped selling and are accumulating Bitcoin—a signal that could trigger a rally in the coming trading sessions.

目前，MPI已变为负面，低至-1.5，这意味着矿工已经停止销售并积累了比特币，这一信号可能会在即将到来的交易中引发集会。

According to CryptoQuant, the MPI reading is heavily skewed, with a value of 0 representing a neutral zone. Values below 0 suggest that miners are selling, while values above 0 indicate that miners are buying.

根据加密量，MPI读数偏斜，值为0代表中性区域。低于0的值表明矿工正在销售，而高于0的值表示矿工正在购买。

According to Ben Lilly, a crypto analyst at Legal Block Chain, the MPI is a valuable indicator for predicting market trends.

根据法律区块链的加密分析师本·莉莉（Ben Lilly）的说法，MPI是预测市场趋势的宝贵指标。

“When the MPI is negative, it signals that miners are in a strong accumulation phase, which could lead to a bull market. Conversely, when the MPI is positive, it indicates that miners are selling, which could foreshadow a bear market.”

“当MPI负面时，它表明矿工处于强大的积累阶段，这可能会导致牛市。相反，当MPI阳性时，它表明矿工正在销售，这可能预示着熊市。”

Alongside miners, U.S. and Korean investors are adding to buying pressure, as reflected in the rising Coinbase Premium Index and Korean Premium Index, both of which remain above the neutral zone of 0.

与矿工一起，美国和韩国的投资者正在增加购买压力，这反映在上升的Coinbase Premium指数和韩国高级指数中，这两个指数都保持在0的中性区域。

Both metrics measure the difference between spot and futures prices on major exchanges in these regions. A premium exists when derivatives traders are willing to pay more for immediate exposure to Bitcoin.

这两个指标衡量了这些地区主要交易所的现货和期货价格之间的差异。当衍生品交易者愿意立即接触比特币时，就会存在溢价。

Historically, these investors have played a key role in Bitcoin’s price direction, and if that trend holds, the asset could be gearing up for a major upward move.

从历史上看，这些投资者在比特币的价格方向上发挥了关键作用，如果这种趋势成立，那么资产可能会为重大的向上移动做好准备。

Derivative traders are also responding to Bitcoin’s recent 24-hour surge, with the aggregated Funding Rate across multiple cryptocurrency exchanges rising.

衍生品交易者还对比特币最近的24小时涌现做出了反应，多个加密货币交易所的总融资率上升。

The Funding Rate determines which side of the market pays a premium to maintain price parity between the spot and Futures markets. Currently, longs are paying the fee, confirming their commitment to the bullish trend.

资金率决定了市场的哪一边支付溢价，以维持现货和期货市场之间的价格均等。目前，渴望正在支付费用，证实了他们对看涨趋势的承诺。

According to Chainalysis, if the market continues aligning with this bullish phase, Bitcoin could rally toward the $95,000 region, where a major supply level awaits.

根据链分析，如果市场继续与这个看涨阶段保持一致，那么比特币可能会朝着$ 95,000的地区集会，那里的主要供应水平正在等待。