随着市场接近大规模清算事件，比特币（BTC）卖空者面临压力

随着市场接近大规模清算事件，比特币 [BTC] 卖空者正在承受压力。根据一位著名分析师的说法

Bitcoin [BTC] short sellers face the heat as the market inches closer to a massive liquidation event. According to a renowned analyst, a 10.6% price increase would be needed to liquidate $20 billion worth of shorts at $72,600.

随着市场距离大规模清算事件越来越近，比特币 [BTC] 卖空者面临着压力。据一位著名分析师称，价格需要上涨 10.6% 才能在 72,600 美元的价格上清算价值 200 亿美元的空头。

This could force a raft of buybacks and an even higher price as market participants scramble to cover losses. With such high stakes, the $72,600 level has been a significant battleground for such huge stakes of both bulls and bears.

随着市场参与者争先恐后地弥补损失，这可能会迫使公司进行大量回购，甚至导致更高的价格。由于风险如此之高，72,600 美元的水平一直是多头和空头如此巨大的赌注的重要战场。

In case Bitcoin manages to pierce through this level, it could spark a chain reaction that could shift the market dynamics.

如果比特币成功突破这一水平，可能会引发连锁反应，从而改变市场动态。

Bitcoin exchange net flow spikes by over 10%

比特币交易净流量飙升超过10%

Adding fuel to the fire, Bitcoin exchange net flow surged by over 13%, according to IntoTheBlock data. This metric gives an indication of how much money is flowing into and out of the exchange.

根据 IntoTheBlock 数据，比特币交易净流量激增超过 13%，火上浇油。该指标表明有多少资金流入和流出交易所。

Generally, such a sharp surge in the metric may indicate that investors are already bracing themselves for a huge move

一般来说，该指标的大幅飙升可能表明投资者已经为大幅波动做好准备

More Bitcoin might be heading into exchanges, gearing up for buying anticipation of a price rally. This net flow surge indicates the optimism among market participants in a breakout above resistance, until it tests for the $72,600 mark.

更多的比特币可能会进入交易所，为价格上涨的预期做好准备。净流量激增表明市场参与者对突破阻力位持乐观态度，直至测试 72,600 美元大关。

Long positions takers in control

多头头寸占据控制权

According to CryptoQuant data, long position investors currently dominate the market. In fact, they are willing to pay funding fees to short traders. This trend suggests that the Bitcoin bulls are in control, hence further supporting the notion of an imminent upward price movement.

根据 CryptoQuant 的数据，多头投资者目前主导市场。事实上，他们愿意向空头交易者支付资金费用。这一趋势表明比特币多头处于控制之中，因此进一步支持了价格即将上涨的观点。

Historically, when long position takers are paying a premium to short traders, it is usually an indication they believe the price is about to rise.

从历史上看，当多头头寸持有者向空头交易者支付溢价时，通常表明他们认为价格即将上涨。

This funding rate further reinforces the bullish outlook, as long as investors are setting the groundwork for a high price increase if the value of Bitcoin goes against them.

只要投资者在比特币价值不利于他们的情况下为价格高涨奠定基础，这种融资利率就会进一步强化看涨前景。