比特币价格和整个市场预计将是高度波动的

预计比特币的价格和整个市场在最后一个交易日将高度波动。这不是因为该选项的到期

The Bitcoin price and the entire market were expected to be highly volatile during the last trading day. It was not because of the option’s expiry but because the traders were uncertain of its adverse impact that made them prepare for bullish and bearish scenarios. However, BTC prices failed to reach either of the marked levels and remained constrained within a narrow range. Although this offers short-term relief from the volatility, from a wider perspective, such sluggish Bitcoin behaviour could be worsome!

预计比特币的价格和整个市场在最后一个交易日将高度波动。这不是因为该选择的到期，而是因为交易者不确定其不利影响，这使他们为看涨和看跌的情况做准备。但是，BTC价格未能达到标记的两个水平，并且在狭窄范围内仍受到限制。尽管这可以从波动率中减轻短期的缓解，但从更广泛的角度来看，这种缓慢的比特币行为可能会更糟！

After facing rejection from $86,800, the traders appear to have become pessimistic, which mirrors the volume that has slashed below $20 billion. Whenever the volume plunges to such lows, the prices usually remain lethargic by maintaining a range-bound consolidation. Now the question arises: will the Bitcoin price go up or crash in 2025?

在面临86,800美元的拒绝之后，交易者似乎变得悲观，这反映了削减200亿美元以下的数量。每当销量下降到这样的低点时，价格通常会通过保持范围结合的合并来保持昏昏欲睡。现在出现问题：比特币价格会在2025年上涨还是崩溃？

Before analyzing the price movements, let’s have a look at the factors impacting the upcoming BTC price action in 2025.

在分析价格变动之前，让我们看看影响2025年BTC价格行动的因素。

Whale Accumulation at its Peak

鲸鱼在其高峰

The recent price action of Bitcoin suggests a notable drop in the on-chain readings and also future data as well. Meanwhile, the whale accumulation remains at its peak, which suggests a substantial rise in the institutional investors.

比特币的最新价格动作表明，链上读数以及未来数据也有明显的下降。同时，鲸鱼的积累仍然处于顶峰，这表明机构投资者的大幅增加。

Data from the Glassnode suggests the BTC wallets holding over 1000 BTC have increased from 2040 to 2079 and are currently stabilized to 2077. Monitoring whale activity is extremely crucial, as they can influence the BTC price. The growing number of whales displays the growing confidence among the investors.

来自玻璃节的数据表明，拥有超过1000 BTC的BTC钱包已从2040年增加到2079年，目前已稳定到2077年。监测鲸鱼活动极为重要，因为它们会影响BTC价格。越来越多的鲸鱼表明投资者的信心越来越大。

New Investors Are On the Rise

新投资者正在上升

Apart from whales, first-time investors or new investors are also on the rise. The February 23 plunge that dragged the levels from $96,500 to $82,300 attracted huge investors to the platform. The investors appear to have utilized the buy-the-dip opportunity as it happened during the FTX collapse.

除鲸鱼外，首次投资者或新投资者也在增加。 2月23日，该水平从96,500美元拖到82,300美元，吸引了大量的投资者进入了该平台。投资者似乎已经利用了在FTX崩溃期间发生的买入机会。

The above data from Cryptoquant suggests that these new investors have accumulated nearly 172,705 BTC since then. This can be considered one of the bullish signals, as it also denotes a rise in the investor’s confidence in the token.

从加密货币的上述数据表明，这些新投资者从那以后积累了近172,705 BTC。这可以被视为看涨的信号之一，因为它也表示投资者对代币的信心增加。

These on-chain readings hint towards a significant rise in the confidence of whales and new investors, which is important to maintain the volatility within the markets. Besides, huge transfers of close to 3000 BTC between unknown wallets may also shake up the volatility in the coming weekend, compelling the traders to believe a huge whale movement is underway. Therefore, the upcoming weekend could be pretty important for the Bitcoin price, as a rise above the pivotal range at $84,800 may help to close the quarterly close on a bullish note above $85,000.

这些链阅读暗示鲸鱼和新投资者的信心显着上升，这对于维持市场中的波动非常重要。此外，在未知钱包之间的近3000 BTC的大量转移也可能会在即将到来的周末动摇波动，这迫使交易者相信正在进行巨大的鲸鱼运动。因此，即将到来的周末对于比特币价格来说可能非常重要，因为高于关键范围（84,800美元）可能有助于关闭季度的季度收盘价，而看涨票据高于85,000美元。