公司比特币购买命中率创纪录的水平

全球投资者对比特币充满热情，但企业购买者尤其表现出这种兴趣。随着价格降低，对比特币的不断扩展的兴趣无法提高其市场价值。

Investors around the world are showing enthusiasm for Bitcoin, especially corporate buyers. The rising interest in Bitcoin fails to increase its market value as prices decrease. A new peak in public company Bitcoin acquisition occurred during Q1 of 2025, though cryptocurrency prices have remained decreasing. High levels of corporate Bitcoin buying generate market demand but fail to drive price increases within the Bitcoin market.

全世界的投资者都表现出对比特币，尤其是公司买家的热情。随着价格下降，对比特币的兴趣不断上升不会增加其市场价值。在2025年第1季度期间，上市公司比特币采集的新峰值发生了新的高峰，尽管加密货币价格仍在下降。高水平的公司比特币购买产生了市场需求，但无法推动比特币市场的价格上涨。

Corporate Bitcoin Buying Hits Record Levels

公司比特币购买命中率创纪录的水平

The market saw unexpected levels of corporate Bitcoin buying at the beginning of 2025. Public companies buying 91,781 Bitcoin for their balance sheets from January through March displayed the growing confidence of these enterprises in Bitcoin’s future worth. The company purchase surge mainly came from MicroStrategy buying 81,785 BTC for $8 billion and Tether spending 8,888 BTC. Two additional companies, Metaplanet and Semler Scientific, made significant Bitcoin acquisitions for their businesses.

市场在2025年初就看到了公司比特币的意外水平。从一月到3月，购买91,781比特币的资产负债表的上市公司表明，这些企业对比特币的未来价值越来越有信心。公司购买的潮流主要来自Microstrategy，以80亿美元的价格购买了81,785 BTC，而系绳支出为8,888 BTC。 Metaplanet和Semler Scientific的另外两家公司为其业务进行了大量的比特币收购。

The extended development of corporate investments in Bitcoin has not produced positive changes in the Bitcoin price value. At press time, Bitcoin price has dropped by more than 8% since the beginning of the month while experiencing a 20% decline from its January 2025 peak of $109,000. The price remains in decline even though business entities express optimism.

公司投资在比特币的扩展发展并未产生比特币价格价值的积极变化。在发稿时，自本月初以来，比特币价格下跌了8％以上，同时从2025年1月的峰值降低了209,000美元的下降。即使业务实体表达乐观，价格仍在下降。

Selling Pressure from Long-Term Holders and Bitcoin ETFs

出售长期持有人和比特币ETF的压力

Bitcoin price has fallen due to the sustained reduction in supply caused by long-term holder asset sales. According to CryptoQuant, Bitcoin long-term holders conducted about 178,000 BTC transactions in Q1 of 2025, dramatically increasing the amount of crypto sold in the market. The market experienced supply-demand inequality when long-term investors withdrew their Bitcoin positions while corporate entities increased their shares.

由于长期持有人资产销售引起的供应量持续下降，比特币价格下跌。据加密Quant称，比特币长期持有人在2025年第1季度进行了约178,000辆BTC交易，这大大增加了市场上出售的加密货币量。当长期投资者撤回其比特币头寸而企业实体增加其股份时，市场经历了供求不平等。

Image 1- Bitcoin ETF- Drawdown from ATH, published on CryptoQuant on April 3, 2025

图片1-来自ATH的比特币ETF- drabdown，于2025年4月3日在加密量上出版

The Bitcoin ETFs experienced massive cash withdrawals of about $4.8 billion during this period. The high outflow activity allegedly intensified the Bitcoin selloff even when businesses were stocking up on the king coin. The combination of corporate buying pressure and long-term selling pressures has destabilized Bitcoin price, leading to price volatility in the market.

在此期间，比特币ETF经历了大量现金提取约48亿美元。据称，即使企业在国王硬币上存放，高流出活动也加剧了比特币的抛售。公司购买压力和长期销售压力的结合使比特币价格稳定，从而导致了市场价格波动。

Key Support Levels and Future Outlook

关键支持水平和未来前景

Bitcoin maintains an optimistic position for medium-long-term performance despite facing immediate hurdles. According to BorisVest from CryptoQuant, Bitcoin approaches an essential support region, reaching between $65,000 and $71,000. The Bitcoin support level originates from the Active Realized Price and True Market Mean Price data. New demand from institutional investors and long-term holders will likely enter Bitcoin when its price hits this support zone, as they view decreased values as accumulation potential.

尽管面临立即的障碍，但比特币仍保持中长期表现的乐观位置。根据CryptoQuant的BoriSvest的说法，比特币接近一个基本的支持区域，达到65,000美元至71,000美元。比特币支持水平源自主动实现的价格和真实的市场平均价格数据。机构投资者和长期持有人的新需求可能会进入比特币，因为它们的价格达到了该支持区，因为他们将下降的价值视为累积潜力。

Image 2- Bitcoin Market Dynamics and Price, published on CryptoQuant on April 3, 2025

图片2-比特币市场动态和价格，于2025年4月3日在加密量上发布

The Bitcoin support levels between $65,000 and $71,000 may become an excellent platform that propels Bitcoin toward future price growth, provided institutional withdrawals and ETF-related sales decrease. The market fundamentals supporting Bitcoin remain solid because some traders exit positions and others strategically wait to invest.

比特币支持水平在65,000美元至71,000美元之间，可能会成为一个极好的平台，可以将比特币朝着未来的价格增长，提供机构提款和与ETF相关的销售额下降。支持比特币的市场基本面仍然稳固，因为一些交易者退出职位，而其他人则在战略上等待投资。

Conclusion: Bitcoin’s Future Amid Corporate Buying and Selling Pressure

结论：在公司买卖压力的情况下，比特币的未来

Corporate entities bought Bitcoin in its most considerable amount, but it did not stop Bitcoin’s price from dropping. Significant market pressure observed by Bitcoin stems from long-term investors reducing their holdings, and Bitcoin ETF withdrawals are driving the price downward. The price will recover if Bitcoin support levels remain intact, coupled with increased trading volume. Bitcoin retains its position due to institutional and corporate faith, which will preserve its role within the financial sector.

公司实体以最大的数量购买了比特币，但并没有阻止比特币的价格下跌。比特币观察到的巨大市场压力源于长期投资者减少其持股量，而比特币ETF提款则推动了价格下降。如果比特币支持水平保持完整，再加上增加的交易量，价格将恢复。比特币由于机构和公司信仰而保留其立场，这将保留其在金融部门中的作用。

The Bitcoin market involves numerous competing variables that affect its movements. The ongoing corporate purchasing activities could drive Bitcoin prices upward if long-term holders decide to hold onto their assets during the next several months despite current market selling conditions.

比特币市场涉及许多影响其运动的竞争变量。如果长期持有人决定在接下来的几个月中持有其资产，尽管当前的市场销售条件，但正在进行的公司采购活动可能会推动比特币价格上涨。