随着CME开放兴趣下降的提示，比特币（BTC）的价格在合并阶段提示

由于市场上的看涨情绪，比特币的价格越来越受到关注。在新的价格转移到上升空间之前，BTC的CME开放兴趣在过去几个月中已大大下降，这表明机构交易活动的放缓。

Lately, the Bitcoin market has been seeing some notable adjustments in its price and key metrics even as volatility continues to overshadow the broader crypto market. With positive developments emerging in the market, bullish momentum appears to be building again as the price reclaims the $85,000 mark.

最近，即使波动性继续掩盖了更广泛的加密货币市场，比特币市场的价格和关键指标都在看到一些值得注意的调整。随着市场上的积极发展，随着价格回收85,000美元，看涨的势头似乎再次建立。

CME Open Interest Decline Hints At Consolidation Phase

CME开放兴趣下降暗示合并阶段

Bitcoin’s price is gaining traction due to growing bullish sentiment in the market. Prior to the renewed price shift toward the upside, BTC’s CME Open Interest has declined significantly in the past few months, indicating a slowdown in institutional trading activity.

由于市场上的看涨情绪，比特币的价格越来越受到关注。在新的价格转移到上升空间之前，BTC的CME开放兴趣在过去几个月中已大大下降，这表明机构交易活动的放缓。

Alphractal, an advanced investment and on-chain data platform highlighted that the recent drop in open interest is the largest that flagship asset has ever seen. This substantial decline indicates that traders may be adopting a cautious approach in light of ongoing market uncertainties and price fluctuations.

高级投资和链上数据平台的Alphractal强调，最近开放兴趣的下降是旗舰资产有史以来最大的。这种大幅下降表明，鉴于持续的市场不确定性和价格波动，交易者可能会采取谨慎的方法。

A fall in open interest typically implies a shift in behavior, with some investors abandoning holdings. The development coincides with a renewed upward move, signaling that the market might be cooling off after a prolonged bearish performance.

出现公开利益通常意味着行为的转变，一些投资者放弃了持股。该发展与更新的向上移动相吻合，这表明在持续的看跌期权后，市场可能正在降温。

After examining the Bitcoin Open Interest Delta metric in the 90-day time frame, the platform noted that the drop is valued at around $10 billion. Such a notable value reflects the huge positions closed by institutional investors over the 3-month period.

在90天的时间范围内检查了比特币开放式三角洲度量标准之后，该平台指出，下降的价值约为100亿美元。如此明显的价值反映了机构投资者在3个月期间关闭的巨大立场。

While the 90-day Open Interest Delta reveals a sharp drop, the 30-day Open Interest Delta seems to have stopped its descent. Furthermore, the Open Interest Delta in the 7-day time frame is now transitioning into positive territory.

虽然90天的开放兴趣达美岛（Delta）显示出急剧下降，但30天的开放兴趣增量似乎已经停止了下降。此外，在7天的时间范围内，开放兴趣达美岛现在正在过渡到积极的领土。

In other words, the BTC CME data is still pessimistic in the medium term, while positions seem to be entering a consolidation phase in the short term. In this scenario, selling pressure is likely to reduce in the short term even though it is still present in the overall view.

换句话说，BTC CME数据在中期仍然是悲观的，而在短期内似乎正在进入整合阶段。在这种情况下，即使在整体视图中仍然存在，销售压力也可能会在短期内减轻。

Thus far investors are monitoring the trend’s influence on BTC as prices move to challenge key resistance levels. This is because the market’s reaction to this drop in open interest could pave the way for Bitcoin’s next major move.

迄今为止，投资者正在监视趋势对BTC的影响，因为价格转向挑战关键阻力水平。这是因为市场对这种开放兴趣的反应可能为比特币的下一个重大举措铺平道路。

New BTC Whales Are Entering The Market

新的BTC鲸进入市场

Recent data shows that new Bitcoin whales are entering the market in spite of the drop in open interest. Market expert Onchained revealed that wallet addresses holding at least 1,000 BTC are aggressively accumulating more coins, which signals strong confidence in its long-term prospects. This persistent buying reflects a rising demand for the asset among institutional and high-net-worth players.

最近的数据表明，尽管开放兴趣下降，但新的比特币鲸仍进入市场。市场专家Onchained透露，钱包在至少1,000 btc的情况下，在积累了更多的硬币上，这表明了对其长期前景的强烈信心。这种持续的购买反映了机构和高净值参与者对资产的需求不断上升。

Over time, these holders have established themselves as some of the most significant players in the market with a total of 1 million BTC acquired since November 2024. Their accumulation rate has significantly increased as the whales purchased 200,000 BTC this month alone in recent weeks.

随着时间的流逝，这些持有人已将自己确立为市场上一些最重要的参与者，自2024年11月以来，总共获得了100万BTC。由于鲸鱼本月仅在最近几周就购买了200,000 BTC，它们的累积率就显着提高。