Altcoin市场与比特币之间的联系再次削弱

这种转变可能标志着加密货币空间中即将发生的重大举动，因为过去经常在价格变化或趋势逆转之前进行了类似的模式。

The connection between altcoin markets and Bitcoin has weakened once again, according to the latest analysis from crypto research firm Alphractal.

根据加密研究公司Alphractal的最新分析，Altcoin市场与比特币之间的联系再次削弱。

This shift could signal an impending major move in the crypto space, as similar patterns in the past have often preceded significant price changes or trend reversals.

这种转变可能标志着加密货币空间中即将发生的重大举动，因为过去经常在价格变化或趋势逆转之前进行了类似的模式。

According to Alphractal, when the correlation between Bitcoin and altcoins drops, it has historically been linked to local market peaks, strong upward movements, or heightened volatility. The current situation, therefore, suggests that a major surge could be on the horizon.

根据Alphractal的说法，当比特币和山寨币之间的相关性下降时，它历史上与当地市场峰，强大的向上运动或增强的波动率有关。因此，目前的情况表明可能会出现主要的激增。

In addition, large investors, commonly known as whales, are increasingly shorting Bitcoin, Ethereum, and other altcoins, especially when compared to retail investors. This trend is tracked through the “Whale vs. Retail Investor Ratio,” which has historically risen before substantial market shifts.

此外，大型投资者（通常称为鲸鱼）越来越多地短路比特币，以太坊和其他Altcoins，尤其是与零售投资者相比。这种趋势通过“鲸鱼与零售投资者比率”进行了跟踪，该比例历史上已经发生了很大的市场变化。

According to Alphractal, similar patterns in the past have often indicated upcoming volatility.

根据字母，过去的类似模式通常表明即将发生的波动性。

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Meanwhile, Alphractal’s analysis of Bitcoin’s “Supply Age Bands” shows a decline in Short-Term Holder Supply (STH), referring to Bitcoin acquired within the last three months. This decrease in short-term supply suggests that fewer investors are currently interested in accumulating Bitcoin.

同时，Alphractal对比特币的“供应年龄段”的分析显示，短期持有人供应（STH）的下降，指的是在过去三个月内获得的比特币。短期供应的减少表明，目前有较少的投资者有兴趣积累比特币。

Historically, when STH levels are high, it reflects a period of market enthusiasm, while low levels often correlate with price corrections.

从历史上看，当STH水平较高时，它会反映出一段时期的市场热情，而低水平通常与价格更正相关。

Alphractal’s insights suggest that the crypto market may be approaching a pivotal change, with whale activity and declining short-term holdings potentially setting the stage for increased volatility or a possible breakout.

Alphractal的见解表明，加密货币市场可能正在接近关键的变化，鲸鱼活动和短期持有量的下降可能为增加的波动性或可能的突破奠定了基础。