75% 的比特币持有六个月，显示出强劲的持有模式

根据链上数据，随着比特币持有行为持续上升，约 75% 的流通比特币在过去六个月或更长时间内没有被转移。

Three-fourths of the total Bitcoin (CRYPTO: BTC) supply has been inactive for six months or longer, indicating a strong hodling behavior among traders, especially in the wake of a bearish crypto market.

比特币（加密货币：BTC）总供应量的四分之三已在六个月或更长时间内处于不活跃状态，这表明交易者之间存在强烈的囤积行为，尤其是在加密货币市场看跌之后。

According to Glassnode’s Hodl wave chart, about 75% of Bitcoin in circulation hasn’t been moved in the last six months or longer. The chart examines when Bitcoin in wallets was last moved to give an overall picture of how long people hold onto their Bitcoin.

根据 Glassnode 的 Hodl 波动图，大约 75% 的流通比特币在过去六个月或更长时间内没有转移。该图表检查了钱包中的比特币最后一次转移的时间，以全面了解人们持有比特币的时间。

Bitcoin price experienced a drastic fall after reaching a new all-time high in mid-March. Despite the inflows from spot Bitcoin ETFs, the asset’s value dropped by about 32.75% from its highest point of $73,750, falling below $50,000 in the first week of August, with over $600 million in leveraged positions liquidated.

比特币价格在三月中旬创下历史新高后经历了大幅下跌。尽管有现货比特币 ETF 资金流入，但该资产价值从最高点 73,750 美元下跌约 32.75%，在 8 月第一周跌破 50,000 美元，杠杆头寸清算超过 6 亿美元。

The panic selling in the crypto market was triggered by a wider crash in financial markets as traders worried about the possibility of a global recession and rising tensions in the Middle East. For instance, Japan’s Nikkei 225 Index slumped 12.4%, while the micro futures on the S&P 500 Index lost 3.3%.

加密货币市场的恐慌性抛售是由金融市场更广泛的崩盘引发的，因为交易员担心全球经济衰退的可能性和中东紧张局势加剧。例如，日本日经225指数下跌12.4%，标准普尔500指数微型期货下跌3.3%。

While Bitcoin price recovered most of the losses a week after, many analysts anticipate a sluggish return to its all-time high.

尽管比特币价格在一周后收复了大部分跌幅，但许多分析师预计，比特币价格将缓慢回到历史高点。

In an Aug. 19 X post, analyst James Check pointed out that over 80% of Bitcoin Short Term Holders who bought Bitcoin recently are at a loss because they bought it at prices higher than its current value.

分析师 James Check 在 8 月 19 日的一篇文章中指出，超过 80% 最近购买比特币的比特币短期持有者都处于亏损状态，因为他们购买的价格高于其当前价值。

Right now, over 80% of #Bitcoin Short-Term Holders are underwater, meaning their coin was acquired at a price above the current spot price.

目前，超过 80% 的#Bitcoin 短期持有者处于水下状态，这意味着他们的比特币是以高于当前现货价格的价格购买的。

This is similar to 2018, 2019, and mid-2021 which signaled many investors were at risk of panicking, and precipitating a bearish trend. pic.twitter.com/8jM7PBqh5z

这与 2018 年、2019 年和 2021 年中期类似，这表明许多投资者面临恐慌并引发看跌趋势的风险。 pic.twitter.com/8jM7PBqh5z

— _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) August 19, 2024

— _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) 2024 年 8 月 19 日

He warned that a further fall in Bitcoin price could result in panic selling as in previous years.

他警告说，比特币价格的进一步下跌可能会像前几年一样导致恐慌性抛售。

Many factors, including the upcoming November U.S. presidential election, influence Bitcoin’s price. While some analysts anticipate a bearish phase, others predict a completely different outcome, highlighting the uncertainty in the market.

许多因素，包括即将到来的 11 月美国总统大选，都会影响比特币的价格。虽然一些分析师预计将进入看跌阶段，但其他分析师则预测完全不同的结果，凸显了市场的不确定性。

Notably, the crypto market sentiment remains bearish as the Crypto Fear & Greed Index is at 28 score, which is currently in the fear zone. When investors are fearful, they usually sell their assets quickly to avoid losing more money. However, many analysts believe that the long-term potential of Bitcoin remains strong, with future market recoveries potentially bringing it back to previous highs or even beyond.

值得注意的是，加密货币市场情绪仍然看跌，加密货币恐惧与贪婪指数为 28，目前处于恐惧区域。当投资者感到恐惧时，他们通常会迅速出售资产，以避免损失更多资金。然而，许多分析师认为，比特币的长期潜力仍然强劲，未来市场复苏可能会使其回到之前的高点甚至更高。