根据链链数据

比特币的供应墙在$ 95,400和98,200美元之间。在X上的一篇新帖子中，Intotheblock讨论了各种BTC价格范围如何在链上的抵抗和支持方面。

Market intelligence platform IntoTheBlock has revealed where the next major obstacle for Bitcoin could lie, according to on-chain data.

根据链数据，市场情报平台Intotheblock揭示了比特币的下一个主要障碍可能位于何处。

In a new post on X, the crypto analytics firm discussed how the various BTC price ranges are looking in terms of on-chain resistance and support. In on-chain analysis, the strength of any support or resistance range is assumed to lie in the amount of supply that was last purchased/transacted by investors at price levels falling in said range.

在X上的一篇新帖子中，加密分析公司讨论了各种BTC价格范围如何在链上的抵抗和支持方面看起来。在链分析中，假定任何支撑或阻力范围的强度在于投资者在上述价格水平下次购买/交易的供应量。

That is, strong support/resistance ranges carry the cost basis of a large number of addresses. The reason behind this is that to any investor, their break-even level is naturally a special level, so when retests of it happen, they are probable to make some kind of move.

也就是说，强大的支持/阻力范围具有大量地址的成本基础。背后的原因是，对于任何投资者来说，他们的收支平衡水平自然是一个特殊的水平，因此，当重新测试它时，他们很可能会采取某种行动。

Holders who were in loss prior to such a retest may be tempted to sell, as they would at least recoup all of their investment. Investors who were in profit, however, may decide to buy more instead, as they could believe the same acquisition level would end up paying off again in the future.

在重新测试之前遭受损失的持有者可能会很容易出售，因为他们至少会收回所有投资。但是，盈利的投资者可能会决定购买更多，因为他们可以相信将来同样的收购水平最终会再次获得回报。

Naturally, just a few investors showing this buying/selling would have no effects on the crypto’s price, so the range would need to contain the cost basis of a significant amount of addresses if it has to act as a resistance or support boundary.

自然，只有少数投资者向加密货币的价格没有任何影响，因此，如果必须充当电阻或支持边界，则该范围将需要包含大量地址的成本基础。

Now, here is the chart shared by the analytics firm, that shows how the Bitcoin supply is distributed at ranges around the current spot price:In the graph, the size of the dot correlates to the amount of coins that the investors purchased inside the corresponding range. It would appear that one range ahead of the current price particularly stands out in terms of the size of its dot: $95,400 to $98,200.

现在，这是分析公司共享的图表，该图表显示了比特币供应的分布范围围绕当前价格的范围：在图中，DOT的大小与投资者在相应范围内购买的硬币数量相关。看来，就其点的大小而言，尤其是当前价格的一个范围：95,400美元至98,200美元。

At these price levels, around 2.29 million addresses purchased a total of 1.66 million tokens. Given that the range is above the asset’s price at the moment, all of these investors would be in the red.

在这些价格水平上，约有229万个地址购买了166万个令牌。鉴于目前的范围高于资产价格，所有这些投资者都将处于红色状态。

Bitcoin has recently gone through a rollercoaster where it plunged below $80,000 and recovered back above $90,000, all within the matter of a few days. As such, these underwater holders may be especially eager for the price to get back to their cost basis.

比特币最近经历了过山车，在几天之内，它跌至80,000美元以下，恢复了90,000美元以上。因此，这些水下持有人可能特别渴望价格恢复其成本基础。

“Fearful sentiment can trigger these holders to sell at break-even prices, thus providing resistance,” explained IntoTheBlock. It now remains to be seen whether demand would be enough to outpace these potential sellers, if BTC can rally far enough to retest this range.

Intotheblock解释说：“令人恐惧的情绪可以触发这些持有人以收支平衡的价格出售，从而提供抵抗。”现在，如果BTC能够集结足以重新测试该范围，那么需求是否足以超过这些潜在的卖家，这还有待观察。