比特币[BTC]交易量下降到2023个低点，引起了人们对市场实力的担忧

自2023年初以来，比特币的[BTC]交易量已降至未见水平，这引起了人们对市场实力的担忧。

Bitcoin's [BTC] transaction volume has dropped to levels last seen in early 2023, sparking concerns about the market's strength.

比特币的[BTC]交易量已降至2023年初的最后水平，引发了人们对市场实力的担忧。

At its peak in mid-2024, Bitcoin saw over 700K daily transactions, a stark contrast to the current levels, which have fallen below 400K.

在2024年中期的高峰期，比特币每天超过70万笔交易，与当前水平的形成鲜明对比，与目前的水平相比，该水平降至40万以下。

This reduction in transaction activity could be crucial, as BTC faces strong resistance near the $86,000 mark.

交易活动的减少可能至关重要，因为BTC面临着$ 86,000的强大阻力。

Could this spell the beginning of a bearish trend, or is the market simply preparing for another move with a period of consolidation?

这可以拼写出看跌趋势的开始，还是市场只是为一段合并时期的另一个举动做准备？

Transaction activity drops sharply

交易活动急剧下降

Recent data from Glassnode reveals a significant decline in BTC's transaction volume.

GlassNode的最新数据显示，BTC的交易量显着下降。

At its peak, during the second quarter of 2024, Bitcoin saw over 700K daily transactions. However, in recent times, the transaction volume has fallen below 400K.

在2024年第二季度的高峰期，比特币每天超过70万。但是，最近，交易量降至400K以下。

For perspective, a drop in transaction volume is often observed during periods of price stagnation or corrections.

从角度来看，经常在价格停滞期或更正期间观察到交易量的下降。

This reduction in transactions suggests that there is less activity on the network, which could indicate reduced market participation.

交易的减少表明，网络的活动较少，这可能表明市场参与减少。

If this trend continues, Bitcoin may face difficulties in maintaining its current price levels, as a lack of demand could weaken support zones.

如果这种趋势持续下去，则比特币可能会在保持目前的价格水平方面面临困难，因为缺乏需求可能会削弱支持区。

Open Interest and volume confirm traders pulling back

开放兴趣和数量确认交易者退缩

A broader analysis of market indicators reveals further bearish signals.

对市场指标的更广泛分析揭示了进一步的看跌信号。

According to CryptoQuant, Bitcoin's Open Interest (OI) has also declined notably, indicating that traders are pulling back from their leveraged positions.

根据隐式量，比特币的开放兴趣（OI）也有所下降，这表明交易者正在从其杠杆头寸中退缩。

Across exchanges, the total OI stands at $86.2 billion, down from highs above $100 billion earlier this year.

在整个交流中，OI的总额为862亿美元，低于今年早些时候高于1000亿美元的高价。

Although the OI has increased notably in the last few days, the comparison suggests that traders are becoming less engaged with leveraged trades at present.

尽管OI在过去几天中显着增加，但比较表明，交易者目前与杠杆交易的参与度降低了。

This trend could lead to lower volatility and a diminished speculative buying appetite.

这种趋势可能导致降低的波动性和投机性购买食欲减少。

Meanwhile, as tracked by Santiment, Bitcoin's trading volume has also seen a notable drop. BTC volume recently touched 36.31 billion, a sharp decline from its February highs.

同时，正如Santiment所追踪的那样，比特币的交易量也显着下降。 BTC量最近触及了363.1亿，比2月的高点急剧下降。

The lower volume confirms that fewer traders are actively engaging with BTC at its current price, making it more likely that a downside move will occur if buyers fail to step in.

较低的销量证实，较少的交易者以目前的价格积极与BTC互动，因此如果买家未能介入，则更有可能发生下行行动。

Key levels to watch

观看的关键水平

At the time of writing, Bitcoin was trading at around $85,856, having encountered resistance at $86,877. The 50-day Moving Average was at $85,873, acting as a crucial pivot point. Failure to stay above this level could send BTC back toward support at $80,000.

在写作时，比特币的交易价格约为85,856美元，遇到了86,877美元的阻力。 50天的移动平均值为85,873美元，充当至关重要的枢轴点。如果不保持这一水平，则可能使BTC回到80,000美元的支持。

Conversely, if BTC manages to break past $87,500, it could challenge the $90,000 level, which remains a psychological barrier.

相反，如果BTC设法超过87,500美元，它可能会挑战90,000美元的水平，这仍然是一个心理障碍。

While a price breakdown is not yet confirmed, traders should closely monitor transaction volume and OI for signs of further deterioration.

尽管尚未确认价格分解，但交易者应密切监视交易量和OI，以进一步恶化。

Bitcoin could enter a prolonged consolidation phase or even a bearish correction in the coming weeks if network activity fails to recover.

如果网络活动未能恢复，则比特币可以进入延长的合并阶段，甚至可以在接下来的几周内进行看跌。