随着鲸鱼的积累和 ETF 流量显示强劲的需求，比特币 (BTC) 价格创下新高

比特币 (BTC) 的价格显着飙升，在 65,500 美元附近找到坚实支撑后，最近突破了 68,000 美元大关。

Bitcoin (BTC) price surged past the $68,000 mark on Monday, finding strong support around $65,500. This rally comes amid a significant increase in Bitcoin holdings by “whales,” or large investors, sparking optimism in the cryptocurrency market.

比特币 (BTC) 价格周一飙升至 68,000 美元大关，在 65,500 美元附近找到强劲支撑。此次反弹之际，“鲸鱼”或大型投资者持有的比特币大幅增加，引发了加密货币市场的乐观情绪。

Over the past two weeks, the number of wallets holding over 100 BTC has risen by nearly 300, suggesting that big players are gaining confidence in Bitcoin’s prospects. Meanwhile, ETF flows indicate robust demand, especially from investment giant BlackRock.

过去两周，持有超过 100 BTC 的钱包数量增加了近 300 个，这表明大玩家对比特币的前景越来越有信心。与此同时，ETF 流量表明需求强劲，尤其是来自投资巨头贝莱德 (BlackRock) 的需求。

Whale Wallets Reach New Highs

鲸鱼钱包达到新高

鲸鱼钱包达到新高

The concentration of Bitcoin in whale wallets has reached new highs, with these large holders now collectively owning over 670,000 BTC. This increase signals a potential shift in market sentiment, with big investors showing renewed interest in accumulating Bitcoin.

鲸鱼钱包中的比特币集中度达到新高，这些大户目前总共拥有超过 67 万枚比特币。这一增长标志着市场情绪的潜在转变，大型投资者对积累比特币表现出了新的兴趣。

According to data from crypto analytics platform Crypto Quant, a rise in whale holdings often creates a period of stability or moderate declines in BTC’s price, known as the “calm before the storm.”

根据加密分析平台 Crypto Quant 的数据，鲸鱼持有量的增加通常会导致 BTC 价格一段稳定或适度下跌的时期，即所谓的“暴风雨前的平静”。

Crypto Quant highlighted that true Bitcoin growth usually begins when whales gradually reduce their holdings, a period often characterized by rising demand from smaller investors. However, with whale accumulation currently on the rise, this could set the stage for future bullish momentum.

Crypto Quant 强调，真正的比特币增长通常始于鲸鱼逐渐减持比特币，这一时期的特点通常是小型投资者的需求不断增长。然而，由于目前鲸鱼的积累正在增加，这可能为未来的看涨势头奠定基础。

Analytics firm Santiment also reported the emergence of 297 new whale wallets holding over 100 BTC in recent weeks. In contrast, smaller wallets have seen a decrease, as panic selling from smaller investors has reduced their Bitcoin holdings. Historically, a shift of Bitcoin holdings from smaller investors to whales is considered a positive indicator for future price movements, often pointing to a potential rally.

分析公司 Santiment 还报告称，最近几周出现了 297 个新的鲸鱼钱包，持有超过 100 BTC。相比之下，较小的钱包数量有所减少，因为较小投资者的恐慌性抛售减少了他们的比特币持有量。从历史上看，比特币持有量从小型投资者转向鲸鱼被认为是未来价格走势的积极指标，通常预示着潜在的反弹。

ETF Flows Show Strong Demand Led by BlackRock

ETF 流量显示贝莱德引领的强劲需求

ETF 流量显示贝莱德引领的强劲需求

The market is also seeing robust inflows into Bitcoin exchange-traded funds (ETFs), led primarily by BlackRock’s Bitcoin ETF product, IBIT. This ETF has been on an impressive streak, accumulating roughly 30,000 BTC over nine consecutive trading days.

市场还看到比特币交易所交易基金 (ETF) 的资金强劲流入，主要由贝莱德 (BlackRock) 的比特币 ETF 产品 IBIT 带动。该 ETF 的表现令人印象深刻，连续 9 个交易日积累了约 30,000 BTC。

BlackRock now holds more than 2% of Bitcoin’s circulating supply, which currently amounts to over 399,000 BTC. BlackRock’s involvement in Bitcoin ETFs is seen by many as a major endorsement of the asset’s legitimacy and future potential.

贝莱德目前持有超过 2% 的比特币流通供应量，目前总计超过 399,000 BTC。许多人认为贝莱德参与比特币 ETF 是对该资产合法性和未来潜力的重大认可。

The rise in ETF demand reflects growing institutional interest, with BlackRock’s ETF holding now constituting a considerable portion of the Bitcoin market. This influx of institutional capital could help stabilize Bitcoin’s price, supporting further growth as more investors gain access through regulated investment channels.

ETF需求的增长反映了机构兴趣的增长，贝莱德持有的ETF目前构成了比特币市场的相当大一部分。机构资本的涌入可能有助于稳定比特币的价格，随着更多投资者通过受监管的投资渠道进入比特币，从而支持比特币的进一步增长。

Is Bitcoin’s Correction Over?

比特币回调结束了吗？

比特币回调结束了吗？

Despite these positive developments, some analysts urge caution, suggesting that Bitcoin’s rally may face challenges if it fails to break above crucial resistance levels.

尽管出现了这些积极的进展，但一些分析师仍敦促谨慎行事，认为如果比特币未能突破关键阻力位，其反弹可能会面临挑战。

After recently touching the $69,000 mark, Bitcoin encountered resistance, prompting individual investors to adopt a wait-and-see approach regarding the next market move.

比特币在近期触及 69,000 美元大关后遭遇阻力，促使个人投资者对下一步市场走势采取观望态度。

Crypto Quant’s analysis indicates that if Bitcoin fails to reach a new all-time high in the coming months, particularly before the next U.S. presidential election, the current bullish cycle could face obstacles.

Crypto Quant 的分析表明，如果比特币在未来几个月内，特别是在下届美国总统大选之前未能达到新的历史高点，当前的看涨周期可能会面临障碍。

Market strategist Justin Bennett notes that while Bitcoin has shown resilience, a failure to achieve new highs may lead to volatility and potential pullbacks.

市场策略师贾斯汀·贝内特指出，虽然比特币表现出弹性，但未能创下新高可能会导致波动和潜在回调。

For Bitcoin to maintain its bullish momentum, it will need to surpass the $69,000 mark and hold above it for a sustained period. Until this threshold is cleared, the market may experience periods of consolidation as investors await stronger confirmation of Bitcoin’s upward trajectory.

比特币要想保持看涨势头，就需要突破 69,000 美元大关并持续保持在该水平上方。在这一门槛被清除之前，随着投资者等待对比特币上涨轨迹的更强有力的确认，市场可能会经历一段时间的盘整。

What’s Next for Bitcoin?

比特币的下一步是什么？

比特币的下一步是什么？

The increased whale holdings and institutional demand through ETFs suggest that Bitcoin is attracting significant interest, which

鲸鱼持有量的增加和机构通过 ETF 的需求表明，比特币正在吸引巨大的兴趣，这