比特币情绪投票反映了2024年9月的趋势，因为BTC价格低于$ 85K

2024年，由于比特币情绪投票图出现了广泛的看涨投资者的期望，比特币达到了历史顶峰。

In 2024, Bitcoin (BTC) reached its historical peak as bullish investor expectations were met, which could be seen through the Bitcoin Sentiment Vote chart on CryptoQuant. As the chart shows, Bitcoin’s price soared above $100,000, while the Vote Up sentiment became very strong, reaching high volumes.

2024年，随着看涨投资者的期望，比特币（BTC）达到了其历史高峰，这可以通过CryptoQuant的比特币情绪投票表格来看待。如图所示，比特币的价格飙升了100,000美元以上，而投票的情绪变得非常强劲，达到了很高的量。

However, once Bitcoin reached its peak, the market sentiment about its value started to decline rapidly. The market sentiment shifted to negative when traders and investors began voting down, resulting in lower sentiment values.

但是，一旦比特币达到顶峰，对其价值的市场情绪开始迅速下降。当交易者和投资者开始投票时，市场情绪变为负面，导致情绪价值较低。

The rally started by flashing positive expectations, but darkened with both fear and traders selling to reduce their holdings after reaching its highest point. The price of BTC began a downtrend after hitting its peak, with the crypto settling below $85,000 by March 2025.

集会始于闪烁的积极期望，但由于恐惧和交易者而销售以减少其最高点后的持股量而变得黑暗。 BTC的价格在达到顶峰后开始跌幅，到2025年3月，加密货币的价格低于85,000美元。

The difference in investor feeling is a sign of deepening market reluctance. Especially as sentiment stands equal to what it did during September 2024, right before the bullish period started.

投资者感觉的差异是进化市场不情愿的标志。尤其是在看涨时期开始之前的情绪与2024年9月的情绪相同。

Bitcoin’s sentiment levels mirror September 2024 trends

比特币的情感水平镜像2024年9月趋势

The Bitcoin Sentiment Vote by CryptoQuant suggested that March 2025 saw the return of sentiment ratios similar to those in September 2024. The measurements during that period showed neutral opinions as the ratio remained close to 4, indicating no clear preference for Vote Up or Vote Down.

加密富裕的比特币情绪投票表明，2025年3月的情绪比率与2024年9月的情感比率相似。该时期的测量结果表现出中立的意见，因为该比率仍然接近4，表明对投票或投票降低没有明确的偏爱。

The latest market trend highlighted a major decline from the previous all-time high levels above 12 which Bitcoin reached during its peak. These indicators pointed towards a neutral-to-bearish outlook as the “Vote Down” sentiment continued to increase in the 90-day moving average and standard deviation.

最新的市场趋势强调了比比特币在高峰期达到12级高于12的历史高水平的大幅下降。这些指标指出了中立的前景，随着“投票”情绪在90天移动平均线和标准偏差中继续增加。

The prevailing sentiment among traders aligned with previous market conditions before the rally, suggesting that they remain uncertain about Bitcoin’s upcoming performance. The same situation as before Bitcoin’s previous major upward surge, investors sensed reluctance.

在集会之前，交易者的普遍情绪与以前的市场状况保持一致，这表明他们对比特币即将到来的表现不确定。与比特币以前的主要向上激增一样，投资者也感觉不到。

Long-term holders’ selling behavior and its market implications

长期持有人的销售行为及其市场影响

Finally, the Bitcoin STH/LTH Supply vs. ETF Flows vs. MicroStrategy chart from CryptoQuant highlighted sustained selling pressure from Long-Term Holders (LTH). Although the pace slowed since Bitcoin crossed $100,000, a 30-day LTH supply reduction of 89,738 BTC could be a sign of profit-taking.

最后，来自加密量的比特币STH/LTH供应与ETF流相对于微型流量图，强调了长期持有人（LTH）的持续销售压力。尽管自比特币超过100,000美元以来的速度放缓，但30天的LTH供应减少了89,738 BTC可能是获利的标志。

The chart’s persistent downtrend in LTH position changes signaled risk-off behavior, consistent with the bearish sentiment observed in the first chart. The continuation of LTH selling, albeit at a slower rate, implied a lack of confidence in an immediate recovery.

该图表在LTH位置的持续下降趋势变化，标志着风险行为，这与第一张图表中观察到的看跌情绪一致。 Lth销售的延续，尽管速度较慢，这意味着对立即康复的信心缺乏信心。

This trend further supported the return of sentiment to September 2024 levels, ultimately reinforcing a cautious market outlook. As Bitcoin struggled to regain upward momentum, investor behavior would continue to be closely watched for any indication of a shift in attitude.

这一趋势进一步支持了情绪回报到2024年9月的水平，最终增强了谨慎的市场前景。随着比特币努力恢复向上的动力，投资者的行为将继续受到关注，以表明态度的转变。