比特币（BTC）价格上涨至94700美元的新产品

关键要点：

Key takeaways:

关键要点：

Spot Bitcoin (BTC) ETF inflows reached their highest since January 2025.

自2025年1月以来，现场比特币（BTC）ETF的流入最高。

The trend of decreasing Bitcoin exchange inflows continues.

减少比特币交换流入流入的趋势仍在继续。

Bitcoin’s negative funding rates could set up a short squeeze.

比特币的负资金率可能会很短。

BTC price is above major moving averages, which can now provide support.

BTC价格高于主要移动平均值，现在可以提供支持。

Bitcoin (BTC) price rose to a new range high at $94,700 on April 23, its highest value since March 2.

比特币（BTC）的价格上涨至4月23日的最高价值，至94,700美元，至94,700美元。

Several analysts say the next psychological resistance remains at $95,000, and the price might drop to test support levels below.

几位分析人士说，下一个心理阻力仍为95,000美元，价格可能会降至下面的支持水平。

“The $94K-$95K zone is clearly the resistance to beat,” asserted Swissblock in an April 24 post on X.

Swissblock在4月24日的X上发表了Swissblock说：“ $ 94K- $ 95K的区域显然是击败的阻力。”

The onchain data provider stated that the next logical move for Bitcoin would be a pullback toward the $90,000 zone to gain momentum for a move higher.

OnChain数据提供商表示，比特币的下一个逻辑举动将是向90,000美元区域的回调，以获得更高的动量。

Popular Bitcoin analyst AlphaBTC opined that the asset will likely consolidate in the $93,000-$95,000 range “before pushing higher to take liquidity above 100K.”

受欢迎的比特币分析师Alphabtc认为，该资产可能会巩固93,000-95,000美元的范围，“在推动更高的流动性高于100K之前”。

Several bullish signs suggest that BTC is well-positioned to break above $95,000 in the following days or weeks.

几个看涨的迹象表明，在接下来的几天或几周内，BTC的位置良好，可在95,000美元以上中断$ 95,000。

Bitcoin ETF demand rebounds

比特币ETF需求篮板

One factor supporting the Bitcoin bull argument is resurgent institutional demand, reflected by significant inflows into spot Bitcoin exchange-traded funds.

支持比特币公牛论点的一个因素是复兴的机构需求，这反映在现货比特币交易所交易资金中。

On April 22 and April 23, spot Bitcoin ETFs saw a net flow totaling $936 million and $917 million, respectively, as per data from SoSoValue.

根据Sosovalue的数据，4月22日和4月23日，现场比特币ETF的净流量分别为9.36亿美元和9.17亿美元。

As Cointelegraph reported, these inflows have been the highest since January 2025 and more than 500 times the 2025 daily average.

正如Cointelegraph所报道的那样，这些流入自2025年1月以来最高，是2025年平均水平的500倍以上。

This trend reflects growing confidence among traditional finance players, as observed by market analysts like Jamie Coutts, who noted global liquidity hitting new all-time highs, historically fueling asset price rallies.

正如杰米·库茨（Jamie Coutts）等市场分析师所观察到的那样，这种趋势反映了传统金融参与者之间的信心越来越大。

Institutional buying creates sustained upward pressure on Bitcoin’s price by absorbing the available supply.

机构购买通过吸收可用的供应来对比特币的价格持续压力。

Less BTC supply on crypto exchanges

BTC供应较少的加密交易所供应

The trend of decreasing Bitcoin exchange inflows continues, suggesting a potential reduction in sell pressure.

降低比特币交换流入流入的趋势仍在继续，这表明销售压力的潜在降低。

The total amount of coins transferred to the exchanges has dropped from a year-to-date high of 97,940 BTC per day on Feb. 25 to 45,000 BTC on April 23, as per data from CryptoQuant.

根据CryptoFeant的数据，转移到交易所的硬币总额从2月25日的97,940 BTC降至45,000 BTC。

This is reinforced by a reduction in the number of addresses depositing Bitcoin to exchanges, which has been “steadily declining since 2022,” according to CryptoQuant analyst Axel Adler Jr.

根据CryptoQuant分析师Axel Adler Jr的说法，通过减少将比特币的地址存放到交换的地址数量减少来加强这一点。

He highlights that this metric’s 30-day moving average has dropped to 52,000 BTC, a level last seen in December 2016.

他强调，该指标的30天移动平均线降至52,000 BTC，这是2016年12月最后一次出现的水平。

“This trend is bullish in itself,” as it represents a fourfold reduction in coin sales over the last three years, the analyst said, adding:

分析师说：“这种趋势本身就是看涨的，因为它代表了过去三年中硬币销售的四倍。

“Less coins flowing to exchanges means less selling pressure.”

“流向交流的硬币较少意味着销售压力较小。”

Negative funding rates can fuel BTC rally

负资金率会加剧BTC集会

Bitcoin price has rebounded to levels last seen in early March, but futures trades are not entirely on board yet.

比特币的价格已经反弹至3月初最后一次出现的水平，但期货交易尚未完全登机。

Bitcoin’s perpetual futures funding rates remained negative between April 22 and April 23, despite the price rising by 11% over the same period, data from Glassnode shows.

GlassNode的数据显示，尽管同期价格上涨了11％，但比特币的永久期货融资率仍然为4月22日至4月23日。

Negative funding rates imply that shorts are paying longs, reflecting a bearish sentiment that can fuel a short squeeze as prices rise.Related: Bitcoin is the ‘cleanest shirt in the dirty laundry’ — Bitfinex

负资金率意味着短裤的渴望，反映出一种看跌的情绪，随着价格上涨，可以使短暂挤压。

In an April 22 post on X, CryptoQuant contributor Darkfost highlighted a similar divergence in Bitcoin’s price and Binance funding rates.

在4月22日在X上发表的帖子中，CryptoFant贡献者DarkFost强调了比特币的价格和二手资金融资率的类似分歧。

“Whereas BTC continues to climb, funding rates on Binance have turned negative, currently sitting at around -0.006 at the time of writing.”

“尽管BTC继续攀升，但托管的资金率却是负面的，目前在写作时坐在-0.006左右。”

He added that this is a rare occurrence, which has historically been followed by significant rallies, like Bitcoin’s surge from $28,000 to $73,000 in October 2023, and from $57,000 to $108,000 in September 2024.

他补充说，这是一种罕见的事件，在历史上一直是重大集会，例如2023年10月的比特币的增长从28,000美元到73,000美元，从2024年9月的57,000美元到108,000美元。

If history repeats itself, Bitcoin may rally from the current levels, breaking above the resistance at $95,000 toward $100,000.

如果历史重演，比特币可能会从目前的水平上升起，超过95,000美元的阻力，跌至100,000美元。

Bitcoin trades above the 200-day SMA

比特币交易超过200天SMA

On April 22, Bitcoin price rose above a key level: the 200-day simple moving average (SMA) currently at $88,690, fueling a marketwide recovery.

4月22日，比特币价格上涨了关键水平：目前为88,690美元的200天简单移动平均线（SMA），助长了全市范围的回收率。

The last time the BTC price broke above the 200-day SMA, it experienced a parabolic move, rallying 80% from $66,0

BTC价格上次超过200天SMA时，它经历了抛物线措施，从66,0美元起累积80％