比特币（BTC）未实现的损失保持较低，买方活动增加

截至2025年4月15日，比特币未实现的损失保持低至24％，表明该市场尚未降低。

Key Insights:

关键见解：

As of April 15, 2025, Bitcoin’s unrealized losses stayed low at 24%, indicating that the market had not yet capitulated.

截至2025年4月15日，比特币未实现的损失保持低至24％，这表明市场尚未降低。

Buyer activity increased despite recent volatility, and a confirmed breakout above a key trendline gave traders renewed optimism.

尽管最近波动性，但买方活动仍增加了，并且在关键趋势线之上的确认突破使交易者更加乐观。

Unrealized Losses Stayed Low Despite Price Pullback

尽管价格下降，但未实现的损失仍然很低

According to CryptoQuant, only 24% of Bitcoin’s circulating supply was held at an unrealized loss. Historically, anything below 25% was seen in early-stage corrections, not in a full market capitulation.

根据隐式量，只有24％的比特币循环供应持有未实现的损失。从历史上看，在早期校正中看到了低于25％的任何事物，而不是全面的市场投降。

In previous market bottoms, the percentage of supply in loss rose above 50% and was a sign of major sell-offs and panic. However, according to the latest data, most of the Bitcoin holders were still in profit or close to breakeven. It also showed that many participants had built their positions long ago.

在以前的市场底部，损失供应的百分比上升到50％以上，是重大抛售和恐慌的标志。但是，根据最新数据，大多数比特币持有人仍在获利或接近盈利。这也表明许多参与者很久以前就建立了自己的职位。

This 24% figure was in line with the view that Bitcoin was not in a deep capitulation phase. Higher levels of unrealized losses typically precede major price bottoms and lower levels are seen during periods of consolidation or after temporary corrections.

这个24％的数字与比特币不在深层投降阶段的观点一致。较高水平的未实现损失通常是在合并期间或临时校正后观察到的主要价​​格底部和较低水平。

Buyer Momentum Recovered As Taker Volume Flipped Positive

随着接管者的量为正面，买方势头恢复了

On the other hand, from March 16 to April 10, net taker volume was mostly negative, with several days under -$600 million. This indicated that sellers were more active and coincided with Bitcoin falling to around $79,000.

另一方面，从3月16日至4月10日，净领取者数量为负数，几天不到6亿美元。这表明卖家更加活跃，并且与比特币跌至79,000美元左右。

However, on April 11, this trend reversed. Cumulative net taker volume flipped positive for the first time in weeks, going above $0 and then rocketing to over $800 million by April 13. Meanwhile, Bitcoin’s price bounced back from below $80,000 and surpassed $85,000 as buyers return to the table.

但是，在4月11日，这种趋势扭转了。累积净收入者的数量在几周内首次呈阳性，超过$ 0，然后到4月13日到达8亿美元。与此同时，随着买家返回桌子，比特币的价格从80,000美元低于80,000美元弹回，超过了85,000美元。

Market participants’ aggressiveness is measured by the net taker volume. If the volume is positive, it usually means buyers are in control and will pay the ask price. This shift gave the price short-term support, and it held its ground even during the brief retracements.

市场参与者的侵略性是通过净接收者量来衡量的。如果数量为正，则通常意味着买家处于控制之中，并将支付询问价格。这种转变给了短期支持，即使在短暂的回答期间，它也保持了自己的立场。

The cumulative volume remained positive by April 15, and Bitcoin kept its level above $85,000. This reversal was consistent, and the sentiment had shifted, with bulls taking more risk in the derivatives market.

到4月15日，累计量仍为阳性，比特币将其水平保持在85,000美元以上。这种逆转是一致的，情绪发生了变化，公牛在衍生品市场中承担了更大的风险。

Binance Order Book Sell Wall Emerged Around $86K

Binance订单书籍出售墙出现了$ 86K

CoinGlass data revealed a sell wall of over 3,000 BTC stacked between $85,700 and $86,000 on Binance. These large sell orders often form resistance zones, as liquidity pools attract selling activity and can stall bullish momentum.

Coinglass数据显示，卖出3,000多个BTC的卖墙堆积在$ 85,700至86,000美元之间。这些大型卖出订单通常会形成阻力区，因为流动性池吸引了销售活动，并且可能会使看涨势头。

Price action slowed as Bitcoin approached this range. The local high of the market was recorded at $85,555 before it pulled back slightly. This implied that sellers were starting to take in buying pressure at those upper levels.

当比特币接近此范围时，价格动作放缓。当地的市场上的市场记录为85,555美元，然后略微退缩。这意味着卖家开始在这些高层购买压力。

Traders can use sell walls to indicate where they expect price reversals or strong resistance. If that buying pressure is not strong enough to take those orders, the price may consolidate or fall back for a while. But if the orders are filled and demand continues, a breakout above the wall may occur.

交易者可以使用卖墙来指示他们期望的价格逆转或强烈的阻力。如果购买压力不足以接受这些订单，则价格可能会巩固或倒退一段时间。但是，如果订单被填满并且需求仍在继续，则可能会出现墙壁上方的突破。

Technical Breakout Held Above 2025 Trendline

2025年趋势线以上的技术突破

Earlier this month, Bitcoin confirmed a breakout above a descending trendline that had rejected upward moves in January, February, and March.

本月早些时候，比特币确认了一场降临趋势线的突破，该趋势线拒绝了一月，二月和三月的向上移动。

With this level now acting as support, the breakout has shifted the short-term structure to bullish. Holding above the trendline increases the chances of upward continuation, although macro risk factors may still influence direction.

随着这个水平现在充当支持，突破已经将短期结构转移到看好。尽管宏风险因素仍可能影响方向，但保持趋势线的上方增加了向上延续的机会。

In this article, the views and opinions stated by the author or any people named are for informational purposes only. And they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

在本文中，作者或任何指定的人所说的观点和观点仅出于信息目的。而且他们没有建立投资，财务或任何其他建议。对加密货币资产进行交易或投资具有财务损失的风险。