比特币（BTC）的价格回弹降至85,000美元，因为购买利息慢慢增加

在周三持续的看跌压力之后，比特币的价格证明了向上向上移至85,000美元的门槛，因为购买利息逐渐增加。

After persistent bearish pressure on Wednesday, Bitcoin’s price witnessed a brief upward move to the $85,000 threshold as buying interest slowly increased. Despite waning price movements, key metrics like the Bitcoin Coinbase Premium Index have started to improve as it moves closer to positive territory.

在周三持续的看跌压力之后，比特币的价格证明了向上向上移至85,000美元的门槛，因为购买利息逐渐增加。尽管价格变动不断下降，但像比特币共币高级指数这样的关键指标随着它更接近积极的领域而开始改善。

BTC Coinbase Premium Shows Signs Of Recovery

BTC Coinbase Premium显示了恢复的迹象

Bitcoin’s market sentiment appears to be gearing up for a notable shift due to data from the Coinbase Premium Index. In a recent post on the X (formerly Twitter), Daan Crypto Trades, a crypto analyst and trader, reports that the key metric has shown signs of recovery.

由于Coinbase Premium指数的数据，比特币的市场情绪似乎正在为明显的转变做准备。在最近关于X（以前为Twitter）的文章中，加密分析师和交易员Daan Crypto Trades报告说，关键指标已显示出恢复的迹象。

Specifically, the Bitcoin Coinbase Premium Index is an indicator that tracks the price difference of BTC on the Coinbase exchange and other major crypto exchanges in the sector. Daan Crypto Trades highlighted that the index is gradually attempting to move into positive territory after being extremely negative for most of April.

具体而言，比特币共依基高级指数是一个指标，该指标跟踪Coinbase Exchange和该行业中其他主要加密交易所的BTC价格差异。 Daan Crypto交易强调，该指数在4月的大部分时间都极为负面后，逐渐试图进入积极的领域。

[coinbase-premium-index-chart]

[Coinbase-Premium-index-chart]

This slight shift back toward positive territory points to a possible recovery in spot demand in the United States, which is typically observed as a bullish indication for the market as a whole. Although the premium is slowly turning positive, it is an indication of a resurgence of institutional interest and capital inflows from US retail traders.

这种轻微的转移向积极的领域转向了美国可能的现货需求恢复，通常被认为是整个市场的看涨迹象。尽管溢价逐渐变为积极，但这表明了美国零售商人的机构利益和资本流入的复兴。

According to the expert, this development comes after net Bitcoin Spot Exchange-Traded Funds (ETFs) outflows and BTC accumulation by Michael Saylor‘s MicroStrategy (NASDAQ:MSTR) firm. On Monday, the company purchased an additional 3,459 BTC, valued at $285.8 million at a cost price of $82,618.

根据专家的说法，这一发展是在比特币现货交易所贸易资金（ETF）流出和BTC积累的迈克尔·塞勒（Michael Saylor）的MicroStrategy（NASDAQ：MSTR）公司之后的。周一，该公司额外购买了3,459 BTC，价值2.858亿美元，成本价格为82,618美元。

As of April 13, 2025, the company owned 531,644 BTC, which were purchased for $35.92 billion at a price of $67,556 each. Considering the recent purchase at $82,618, MicroStrategy has now achieved a BTC yield of 14% YTD in 2025.

截至2025年4月13日，该公司拥有531,644 BTC，以359.2亿美元的价格购买，每个价格为67,556美元。考虑到最近的购买价格为82,618美元，MicroStrategy现在在2025年的BTC收益率为14％。

Even though the BTC Coinbase Premium Index tends to mostly be a lagging indicator, it might reveal underlying strength or weakness when the market is moving sideways. In the meantime, Daan Crypto Trades noted that the crucial metric is essentially flat currently, urging investors to closely monitor the trend.

即使BTC Coinbase Premium指数倾向于大多是一个滞后指标，但当市场向侧面移动时，它可能揭示出潜在的优势或弱点。同时，Daan Crypto交易指出，关键指标目前基本上是平坦的，敦促投资者密切监视趋势。

Retail Bitcoin Holders Sell-Offs Surpass Large Investors

零售比特币持有者售出的超越大型投资者

Amid Bitcoin’s ongoing volatility, there has been heightened selling pressure on crypto exchanges over the past 15 days. During this period, BTC retail and mid-sized investors were seen offloading their holdings more than whales or old investors.

在比特币持续的波动性中，在过去的15天中，加密货币交易所的销售压力加剧了。在此期间，BTC零售业和中型投资者被发现占有其持股量，而不是鲸鱼或旧投资者。

Data from CryptoQuant Exchange Inflow Age/Value Bands shows that short-term holders have been the main sellers, transferring an average of 930 BTC to exchanges. Meanwhile, Long-Term Holders only saw daily movements of roughly 529 BTC, indicating that long-term conviction is still strong despite panic or profit-taking from short-term holders.

来自CryptoFant Exchange流入年龄/价值频段的数据表明，短期持有人一直是主要卖家，平均将930 BTC转移到交易所。同时，长期持有人每天只看到大约529 BTC的运动，表明尽管短期持有人的恐慌或盈利，长期定罪仍然很强烈。

This cohort-driven breakdown clarifies that the present correction is not a big exodus by smart money, since Bitcoin is trading sideways and volatility is compressing. Rather, it is most likely the result of anxious mid-tier and short-term holders.

这种队列驱动的故障阐明，由于比特币侧面交易，并且波动性正在压缩，因此目前的更正并不是智能货币的大外流。相反，这很可能是焦虑的中期和短期持有人的结果。