比特币（BTC）的价格下跌，因为资金率变负值，但专家认为由于公司收购和长期持有人的积累而恢复的潜力

比特币的价格最近下跌了，但是专家认为由于公司购买和长期持有人的积累而导致的恢复潜力。

Bitcoin (BTC) price has recently dropped, but some experts say it could be setting up for a strong recovery.

比特币（BTC）价格最近下跌，但一些专家表示，它可能正在为强劲的恢复而设置。

According to crypto analyst Axel Adler Jr., corporate investors are quietly buying Bitcoin,

根据加密分析师Axel Adler Jr.的说法，公司投资者正在悄悄购买比特币，

According to crypto analyst Axel Adler Jr., corporate investors are quietly buying Bitcoin, long-term holders are accumulating, and there’s no more selling pressure.

根据加密分析师Axel Adler Jr.的说法，公司投资者正在悄悄购买比特币，长期持有人正在积累，而且没有更多的销售压力。

"The average funding rate on 4 major exchanges (Binance, ByBit, OKX, and Deribit) dropped into negative territory," Adler explained. "In this cycle, in 5 similar instances it ended with a price increase and once with a decline. Currently, the metric is just above zero."

Adler解释说：“ 4个主要交易所（Binance，Bybit，Okx和Deribit）的平均资金率降至负领土。” “在这个周期中，在5个类似的情况下，它以价格上涨而结束，并且一次下降。目前，该指标刚好超过零。”

Adler noted that the Bitcoin funding rate has dropped below zero on several major exchanges, according to Coinalyze data.

根据Coinalyze数据，阿德勒指出，比特币融资率在几次主要交易所的零以下下降了。

However, on other platforms like Huobi, Kraken, OKX, and Woo X, the funding rate has risen above zero.

但是，在Huobi，Kraken，Okx和Woo X等其他平台上，资金率上升到零以上。

A Pattern in Bitcoin's Market Cycles

比特币市场周期的模式

Adler highlighted how similar funding rate patterns have appeared five times in previous Bitcoin cycles.

阿德勒（Adler）强调了以前的比特币周期中相似的融资率模式如何出现五次。

Four of those times, BTC saw a price surge, while once, the market declined.

其中有四次，BTC看到了价格上涨，而一次市场下降。

Adler remains optimistic, highlighting that corporate investors are still buying, long-term holders are accumulating, and experienced traders have stopped selling. On-chain data also suggests that the market is stabilizing after a period of overheating.

阿德勒（Adler）仍然乐观，强调公司投资者仍在购买，长期持有人正在积累，经验丰富的贸易商已停止销售。链上的数据还表明，在过热一段时间后，市场正在稳定。

"If the macroeconomic conditions remain weak, we might see a strong possibility of a 50% price increase from the current levels, potentially pushing Bitcoin to $130K," Adler added.

阿德勒补充说：“如果宏观经济状况仍然较弱，我们可能会发现，与当前水平的价格增加50％，可能会将比特币提高到13万美元。”

According to Adler, such a price move could be triggered by a shift in policy from the Federal Reserve or the Trump administration. He further explained that if Bitcoin attracts more institutional investment through ETFs, it could contribute to a significant price surge.

根据阿德勒的说法，这种价格转移可能是由联邦储备或特朗普政府的政策转变引发的。他进一步解释说，如果比特币通过ETF吸引更多的机构投资，则可能有助于巨大的价格上涨。