比特币持有者等待突破以重启市场活动

Cryptocurrency is currently experiencing a liquidity slump, with traders waiting for a breakout to trigger market activity. According to analysts, Bitcoin holders are sitting on the sidelines until a clearer market direction emerges.

加密货币目前正经历流动性下滑，交易者等待突破以触发市场活动。分析师表示，在出现更清晰的市场方向之前，比特币持有者将采取观望态度。

On Oct. 9, Glassnode head analyst James Check highlighted this point in an X post, stating, "Investors need a new price range to re-awaken supply." He also noted that Bitcoin's sell-side risk ratio is trading "deep into the low liquidity zone."

10 月 9 日，Glassnode 首席分析师 James Check 在 X 帖子中强调了这一点，他表示：“投资者需要一个新的价格范围来重新唤醒供应。”他还指出，比特币的卖方风险比率正在“深入低流动性区域”。

As Check further explained, "The vast majority of coins moving around onchain are NOT booking large profit, nor loss."

正如 Check 进一步解释的那样，“绝大多数在链上流通的代币都没有获得巨额利润，也没有损失。”

In periods of Bitcoin price consolidation, experienced traders often prefer to sit out and wait for a stronger market signal before making a move, Cointelegraph reported.

据 Cointelegraph 报道，在比特币价格盘整期间，经验丰富的交易者通常更愿意观望，等待更强劲的市场信号，然后再采取行动。

"Best to wait for confirmation in times like these," Daan Crypto Trades noted on Oct. 9. Both scenarios are still possible, according to Check, who suggested that the market could be setting up "for either a الكبير sell-off event to create capitulation level fear, or a الكبير rally to restart the profit taking engines."

Daan Crypto Trades 于 10 月 9 日指出，“在这样的时期，最好等待确认。”Check 表示，这两种情况仍然有可能，他表示，市场可能正在准备“要么出现一场抛售事件，要么出现一场抛售事件”。制造投降级别的恐惧，或者通过股市反弹来重启获利了结引擎。”

Meanwhile, Check's analysis also showed that long-term holders, sometimes referred to as "old hands," are largely sitting on their Bitcoin. Those who have held for 182 days or more are displaying the highest level of passivity.

与此同时，Check 的分析还表明，长期持有者（有时被称为“老手”）大部分都持有比特币。那些持有 182 天或以上的人表现出最高程度的被动性。

"As it stands, Old hands are sitting on their coins, with volumes aged 6 months and older being remarkably dormant," Check noted.

Check 指出：“就目前情况而言，老手们都坐在他们的硬币上，6 个月及以上的硬币数量明显处于休眠状态。”

On the other hand, Bitcoin holders with a holding period of 155 days or less are sitting on an unrealized loss at current BTC price levels, Bitbo data shows.

另一方面，Bitbo 数据显示，按当前 BTC 价格水平，持有期限为 155 天或更短的比特币持有者正面临未实现的损失。

The average price at which short-term investors have purchased Bitcoin, also known as the short-term holder realized price, is $62,426, according to the latest available data.

根据最新数据，短期投资者购买比特币的平均价格（也称为短期持有者实现价格）为 62,426 美元。

Several crypto analysts have highlighted indicators suggesting that Bitcoin price is likely to break out of its consolidation zone soon.

几位加密货币分析师强调了一些指标，表明比特币价格可能很快就会突破盘整区域。

"Bitcoin consolidation setting up for a الكبير move. Lower time frame support holding strong. Expecting a breakout soon," blockchain investor Ash Crypto noted in a post on Oct.10.

区块链投资者 Ash Crypto 在 10 月 10 日的一篇文章中指出，“比特币整合为进一步的走势做好了准备。较低的时间框架支撑保持强劲。预计很快就会突破。”

Moreover, investor Mike Alfred's analysis pointed to a potential breakout in either direction, with a close above $61,000 signaling a move toward $65,000 and a drop below $57,000 setting the stage for a slide to $52,000.

此外，投资者迈克·阿尔弗雷德(Mike Alfred)的分析指出，任何一个方向都有可能突破，收盘价高于61,000美元预示着价格将走向65,000美元，跌破57,000美元则为跌至52,000美元奠定了基础。