比特币（BTC）圣诞老人集会未能实现，短期持有者质疑复苏前景

12 月 25 日，比特币 (BTC) 的价格试图重回 10 万美元的里程碑，暗示可能会出现“圣诞老人集会”。然而涨势却出现了动摇

Bitcoin (BTC) price hinted at a potential “Santa Rally” on December 25 as it made an attempt to reclaim the $100,000 price milestone. However, the rally faltered, falling short of the target. This Bitcoin failed rebound has left short-term holders questioning the likelihood of a recovery in the near term.

比特币 (BTC) 的价格暗示 12 月 25 日可能会出现“圣诞老人集会”，因为它试图夺回 10 万美元的价格里程碑。然而，涨势却步履蹒跚，未能达到目标。比特币的反弹失败让短期持有者质疑近期复苏的可能性。

Will the cryptocurrency’s price continue to trade below six figures?

加密货币的价格会继续低于六位数吗？

Sentiment Around Bitcoin Is Bearish

围绕比特币的情绪看跌

Bitcoin’s failure to rebound to $100,000 pushed its price below $97,000 and negatively affected its market dominance. But the bearish sentiment doesn’t stop there.

比特币未能反弹至 10 万美元，使其价格跌破 97,000 美元，对其市场主导地位产生了负面影响。但看跌情绪并不止于此。

According to IntoTheBlock, the Addresses by Time Held indicator, which tracks activity among Bitcoin holders who retain the cryptocurrency between 30 and 365 days, has shown a notable decrease over the last week.

根据 IntoTheBlock 的数据，按持有时间划分的地址指标（该指标跟踪持有加密货币 30 至 365 天内的比特币持有者的活动）在上周显示出显着下降。

This group, often referred to as short-term holders, plays a critical role in reflecting market sentiment. An increase in this cohort typically signals growing optimism, but the recent decline suggests waning confidence among these investors.

该群体通常被称为短期持有者，在反映市场情绪方面发挥着关键作用。这一群体的增加通常标志着乐观情绪的增强，但最近的下降表明这些投资者的信心正在减弱。

If this trend persists, it could point to continued downward pressure on Bitcoin’s value in the near term.

如果这种趋势持续下去，可能表明比特币价值在短期内将面临持续下行压力。

Another indicator that reinforces this sentiment is the Short-Term Holder- Net Unrealized Profit/Loss (STH-NUPL). The STH-NUPL measures the behavior of investors who have held a coin for less than 155 days.

强化这种情绪的另一个指标是短期持有者-未实现净损益（STH-NUPL）。 STH-NUPL 衡量持有代币少于 155 天的投资者的行为。

With this data, one can tell if Bitcoin short-term holders are optimistic, fearful, or greedy. According to Glassnode, the metric has dropped to the hope or fear zone (orange), indicating that investors are skeptical about a significant BTC rebound. Should this remain the same, BTC might struggle to attract sufficient demand to drive the price higher.

通过这些数据，我们可以判断比特币短期持有者是乐观、恐惧还是贪婪。据 Glassnode 称，该指标已降至希望或恐惧区域（橙色），表明投资者对 BTC 大幅反弹持怀疑态度。如果这种情况保持不变，比特币可能难以吸引足够的需求来推高价格。

BTC Price Prediction: Sub-$90,000 Levels Next?

BTC 价格预测：下一步将低于 90,000 美元？

On the daily chart, Bitcoin’s price faced resistance at $99,332. This roadblock was one reason the cryptocurrency failed to rally toward $108,398. With this pushback, it is likely that the Bitcoin failed rebound might continue in the short term.

日线图上，比特币价格在 99,332 美元处面临阻力。这一障碍是加密货币未能反弹至 108,398 美元的原因之一。在这种阻力下，比特币的失败反弹可能会在短期内持续。

Also, the Relative Strength Index (RSI) has dropped below the 50.00 neutral point. This drop indicates that momentum around BTC has turned bearish. If that remains the case, then the coin risks declining to $85,851.

此外，相对强弱指数 (RSI) 已跌破 50.00 中性点。这一下跌表明比特币的势头已经转为看跌。如果这种情况持续下去，那么代币就有可能跌至 85,851 美元。

However, if bulls help BTC break above the $99,332 resistance, the trend might change. In that scenario, Bitcoin price might inch closer to $110,000.

然而，如果多头帮助 BTC 突破 99,332 美元的阻力位，趋势可能会改变。在这种情况下，比特币价格可能会接近 11 万美元。