比特币（BTC）的策略首席执行官迈克尔·赛勒（Michael Saylor）表示，BTC曝光增加了$ 95K

随着2月23日临近的每周临近，比特币（BTC）正在朝着95,000美元的印记，这是由于大量购买BTC的迹象所推动的。

As the weekly close on February 23 approached, Bitcoin (BTC) was looking towards the $95,000 mark, fueled by indications of significant BTC purchases from the business intelligence company, Strategy.

随着2月23日临近的每周收盘，比特币（BTC）正在努力达到95,000美元，这是由于从商业智能公司战略中购买了BTC大量购买的迹象。

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

BTC/1小时图表。资料来源：Cointelegraph/TradingView

After a period of volatility triggered by the massive hack of cryptocurrency exchange Bybit, BTC/USD experienced a relatively calm weekend.

经过一段时间的波动性，由大量加密货币交换Bybit触发，BTC/USD经历了一个相对平静的周末。

Following the event, Bitcoin was able to stabilize as traders shifted their focus elsewhere.

事件发生后，随着交易者将重点转移到其他地方，比特币能够稳定。

“The range remains constrained,” popular trader Daan Crypto Trades noted in one of his weekend updates on X.

“范围仍然受到限制，”受欢迎的交易者Daan加密货币交易在他关于X的周末更新中指出的。

“At the same time, volatility is on a downward trend as prices are increasingly compressed. Even amidst yesterday’s turmoil, the price closed at the same level as it has for the past two weeks.”

“同时，随着价格越来越压缩，波动性下降趋势。即使在昨天的动荡中，价格也与过去两个星期相同的水平上涨。”

BTC/USDT perpetual swaps 1-day chart. Source: Daan Crypto Trades/X

BTC/USDT永久交换1天图表。资料来源：Daan Crypto Trades/X

As observed by Daan Crypto Trades and others, open interest across exchanges had decreased, hitting its lowest level since February 9, according to data from monitoring platform CoinGlass.

正如Daan加密货币贸易和其他人所观察到的那样，根据Monitoring Platform Coinglass的数据，跨交易所的开放兴趣已经下降，自2月9日以来达到了最低水平。

“Typically, a lower open interest along with a higher price indicates a good reset, even if it is just on a shorter timeframe. Still waiting for spot market activity to determine the next steps,” he concluded.

“通常，较低的开放兴趣以及更高的价格表明重置良好，即使它只是在较短的时间内。仍在等待现货市场活动来确定下一步。”他总结道。

Exchange BTC Futures Open Interest (screenshot). Source: CoinGlass

Exchange BTC期货开放兴趣（屏幕截图）。资料来源：小店

Meanwhile, the excitement around Strategy was sparked by CEO Michael Saylor sharing a chart of the company’s current BTC holdings — usually an indication that additional buying has occurred or is anticipated.

同时，首席执行官迈克尔·塞勒（Michael Saylor）激发了对战略的兴奋，分享了该公司当前BTC持有的图表 - 通常表明已经发生或预计会发生额外的购买。

“I believe this doesn’t represent the activity I completed last week,” Saylor said about the latest chart.

“我相信这并不代表我上周完成的活动，”塞勒谈到最新图表时说道。

Strategy BTC holdings. Source: Michael Saylor/X

策略BTC持有。资料来源：Michael Saylor/X

Bitcoin research predicts “substantial market movements”

比特币研究预测了“大量市场变动”

On the topic of volatility, on-chain analytics firm Glassnode reported that Bitcoin’s implied volatility has rarely hit such low levels.

关于波动性的主题，链分析公司玻璃节玻璃节报告说，比特币的隐含波动率很少达到如此低的水平。

Implied volatility measures the standard deviation of market returns relative to their mean.

隐含的波动率衡量了市场收益相对于其平均值的标准偏差。

“Bitcoin’s 1-week realized volatility has dropped to 23.42%, approaching historical lows,” it stated on February 21.

它在2月21日说：“比特币的1周意识到波动率下降到23.42％，接近历史低点。”

“In the last four years, it has dipped below this level on only a few occasions – for instance, in October 2024 (22.88%) and November 2023 (21.35%). Similar compressions historically led to substantial market movements.”

“在过去的四年中，它仅在几次级别上下降到此水平以下 - 例如，2024年10月（22.88％）和2023年11月（21.35％）。从历史上看，类似的压缩导致了大量市场发展。”

Bitcoin 1-week realized volatility. Source: Glassnode/X

比特币1周实现的波动性。来源：玻璃节/x

Glassnode also pointed out multi-year lows in Bitcoin options implied volatility — a phenomenon that has previously been followed by “major volatility spikes.”

GlassNode还指出了比特币选项的多年低点暗示波动率，这是一种以前曾经是“主要波动率尖峰”的现象。

“Meanwhile, the longer-term implied volatility remains elevated (3m: 53.1%, 6m: 56.25%),” it noted.

它指出：“同时，长期隐含的波动率保持升高（3m：53.1％，6m：56.25％）。”

This article does not provide investment advice or recommendations. Every invesment and trading decision carries risk, and readers are encouraged to conduct their own research before making any decisions.

本文不提供投资建议或建议。每项发件和交易决策都会带来风险，并鼓励读者在做出任何决定之前进行自己的研究。