尽管市场兴趣更广泛，但比特币（BTC）价格仍然存在

尽管市场兴趣广泛，但比特币仍在悬停在84,000美元的左右，向上势头有限。

Bitcoin (BTC) price has shown limited upward momentum despite broader market interest, remaining above the $84,000 level. At the time of writing, the asset is trading at $84,596, showing a 0.1% decrease in the last 24 hours. This places BTC approximately 22% below its all-time high (ATH) of over $109,000, which was reached earlier this year.

尽管市场兴趣广泛，但比特币（BTC）的价格表现出有限的向上势头，但仍高于84,000美元的水平。在撰写本文时，资产的交易价格为84,596美元，在过去24小时内下降了0.1％。这使BTC比今年早些时候达到的109,000美元以上的历史高（ATH）低约22％。

The price action comes after a recovery from earlier lows, but it seems that investors remain hesitant as macroeconomic uncertainties persist. One of the emerging observations come from CryptoQuant analyst Crypto Dan, who compared Bitcoin’s current behavior to past correction cycles.

价格行动是在从较早的低点中恢复过来之后进行的，但是随着宏观经济不确定性持续存在，投资者似乎仍然犹豫。新兴的观察结果之一来自加密分析师Crypto Dan，后者将比特币的当前行为与过去的校正周期进行了比较。

Speculation Eases, Setting the Stage for Potential Recovery

猜测缓解了潜在恢复的阶段

In Dan’s recent QuickTake post titled "Cryptocurrency Market, Similar to the 2024 Correction Period," he assessed the speculative dynamics of the market through the lens of short-term holder activity. His analysis suggests that the recent cooling-off period might mirror patterns observed during last year’s correction phase.

在Dan最近发表的《 Crightake》帖子中，标题为“加密货币市场，类似于2024年的更正期”，他通过短期持有人活动的角度评估了市场的投机性动态。他的分析表明，最近的冷却期可能反映在去年校正阶段观察到的模式。

According to Dan, one reliable gauge of market overheating is the percentage of Bitcoin supply held for one week to one month. When this metric rises, it often signals speculative enthusiasm, which can precede corrections.

根据丹的说法，一个可靠的市场过热是一个星期至一个月的比特币供应百分比。当该指标上升时，它通常会信号投机性热情，这可以在校正之前进行。

During previous bullish phases, such increases in short-term holdings were followed by pullbacks, marking peaks in investor exuberance.

在以前的看涨阶段，短期持有的这种增加之后是回调，标志着投资者旺盛的高峰。

In the current cycle, Dan notes that this metric has once again reached a region previously associated with market bottoms—the same yellow box (on the chart shared) that aligned with the 2024 correction low.

在当前周期中，DAN指出，该指标再次达到了与市场底部相关的区域 - 与2024校正低相位的相同黄色框（在图表上共享）。

With this in mind, he posits that speculative excesses have largely subsided, setting the stage for renewed price growth if macroeconomic conditions continue to improve. However, he also emphasized that further consolidation may still occur before a broader trend shift materializes.

考虑到这一点，他认为投机性过剩已在很大程度上消退，如果宏观经济状况继续改善，为新的价格增长奠定了基础。但是，他还强调，在更广泛的趋势转变实现之前，可能仍会发生进一步的整合。

"Given that this ratio has now reached the yellow-box region, which was the bottom of the 2024 correction period, it seems likely that the current market will follow a similar path as the 2024 correction." - By @DanCoinInvestorhttps://t.co/3Z0yP9X99v#crypto #cryptocurrency #bitcoin #btc #quant #cryptoquant pic.twitter.com.modules/universal/ui/email_icon.webpongo en un correo electrónico

“鉴于该比率现在已经达到了2024年校正期的底部的黄色框区域，因此目前的市场似乎遵循与2024年校正相似的途径。” - By @DanCoinInvestorhttps://t.co/3Z0yP9X99v#crypto #cryptocurrency #bitcoin #btc #quant #cryptoquant pic.twitter.com.modules/universal/ui/email_icon.webpongo en un correo electrónico

— CryptoQuant (@cryptoquant_com) April 18, 2025

- 2025年4月18日

Complementing this analysis, CryptoQuant contributor Mignolet observed a notable shift in coin movement behavior. In a separate post, he pointed out that around 170,000 BTC recently moved from the 3–6 month holding cohort.

在补充这一分析的情况下，加密贡献者Mignolet观察到了硬币运动行为的显着转变。他在另一篇文章中指出，最近大约有170,000 BTC从3-6个月的Holding Cohort移居。

This group typically includes mid-term holders, and substantial activity from them has historically been associated with increased price volatility.

该小组通常包括中期持有人，并且从历史上看，他们的大量活动与价格上涨有关。

Mignolet illustrated his findings with data, noting that such movements have often signaled major price action, both upward and downward. Green box indicators on his chart marked rallies, while red boxes highlighted periods of decline.

Mignolet用数据说明了他的发现，并指出这种运动通常表明了主要价格行动，无论是向上还是向下。他的图表上的绿色框指示标志着集会，而红色框则突出了下降时期。

While the direction remains uncertain, he highlighted that the increased activity is an early warning sign that traders should be alert for a breakout or breakdown in the near future.

尽管该方向仍然不确定，但他强调说，增加活动是一个预警信号，即交易者应在不久的将来警惕分解或崩溃。