比特币（BTC）长期持有者的抛售减少，这可能很快就会改变市场

当长期持有者（LTH）放慢销售速度时，通常会导致价格稳定，有时甚至会导致增长。让我们看看为什么会发生这种情况

As Bitcoin's price continues to hover around 12% below its all-time high, an interesting trend is emerging. Despite the lower price, long-term BTC holders are exhibiting a noticeably slower rate of selling. This phenomenon could have significant implications for Bitcoin's price trajectory.

随着比特币的价格继续徘徊在比历史高点低 12% 左右的水平，一个有趣的趋势正在出现。尽管价格较低，但长期比特币持有者的抛售速度明显放缓。这种现象可能会对比特币的价格轨迹产生重大影响。

While the precise reason for this slower selling speed is unclear, it could be related to the broader macroeconomic climate or the individual strategies of these long-term holders. Some might be hesitant to sell due to concerns over inflation or a preference for holding onto their BTC a bit longer to maximize their profits.

虽然销售速度放缓的确切原因尚不清楚，但可能与更广泛的宏观经济环境或这些长期持有者的个人策略有关。有些人可能会因为担心通货膨胀或倾向于持有更长的时间以实现利润最大化而犹豫是否出售。

This slower selling speed is evident in the 30-day percent change in LTH supply, a metric that tracks the rate at which long-term Bitcoin holders are buying or selling their coins over a month. When the number increases, it indicates buying by these holders, while a decrease signifies selling. Currently, this measure has stalled, suggesting a slowdown in LTH selling.

这种较慢的销售速度在 LTH 供应量 30 天百分比变化中显而易见，该指标跟踪长期比特币持有者在一个月内买卖其代币的速率。当数字增加时，表明这些持有者正在买入，而减少则表明他们在卖出。目前，这一措施已陷入停滞，表明 LTH 销售放缓。

This metric is crucial because it provides insight into the behavior of long-term holders, whose actions can influence Bitcoin's price. When these holders sell less, it tends to put a floor on BTC's price movements.

该指标至关重要，因为它可以洞察长期持有者的行为，而长期持有者的行为可能会影响比特币的价格。当这些持有者卖出较少时，往往会限制比特币的价格走势。

In the past, such slowdowns in LTH selling have often preceded periods of price stability or even growth. For instance, during the bull market of 2021, a similar trend emerged, ultimately contributing to Bitcoin's rally to new all-time highs.

过去，LTH 销售放缓往往先于价格稳定甚至增长时期。例如，在 2021 年的牛市期间，出现了类似的趋势，最终推动比特币涨至历史新高。

If the same pattern holds true now, it could bode well for Bitcoin, potentially leading to a stabilization in its price. This, in turn, might attract new buyers seeking to capitalize on favorable market conditions.

如果现在同样的模式成立，这对比特币来说可能是个好兆头，有可能导致其价格稳定。反过来，这可能会吸引寻求利用有利市场条件的新买家。

According to the 30-day percent change in LTH supply, it appears that long-term Bitcoin holders are slowing down their sales, indicating less pressure on BTC's price. When LTHs sell less, it usually leaves room for the market to trend upwards.

根据 LTH 供应量 30 天的百分比变化，长期比特币持有者似乎正在放慢销售速度，这表明 BTC 价格压力较小。当 LTH 销量减少时，通常会为市场上涨留下空间。

This type of price movement has happened before, and it might happen again. Another good sign is that some investors are moving their BTC off exchanges, which shows they want to hold onto it for a long time instead of selling it soon.

这种类型的价格变动以前发生过，而且可能会再次发生。另一个好迹象是，一些投资者正在将比特币移出交易所，这表明他们希望长期持有比特币，而不是很快出售。

Based on these observations, it's possible that Bitcoin's price might hold steady or even increase in the coming period. This could mark the beginning of a stronger recovery for the world's leading cryptocurrency. However, given the inherently volatile nature of the crypto market, it's essential to note that future price movements remain uncertain and subject to various factors. Investors are advised to monitor these trends closely and proceed with谨慎 and informed decision-making.

根据这些观察，比特币的价格可能在未来一段时间内保持稳定甚至上涨。这可能标志着世界领先的加密货币更强劲复苏的开始。然而，鉴于加密货币市场固有的波动性，必须注意未来的价格走势仍然不确定，并受到各种因素的影响。建议投资者密切关注这些趋势，并做出明智的决策。