比特幣表觀需求最近已飆升至顯著的積極水平

過去一天，比特幣價格上漲至 71,000 美元以上，因為鏈上數據顯示對該幣的需求顯著增加。

Bitcoin (CRYPTO: BTC) has observed a rally beyond the $71,000 level during the past day as on-chain data shows demand for the coin has notably increased.

比特幣（CRYPTO：BTC）在過去一天中上漲至 71,000 美元以上，因為鏈上數據顯示對該幣的需求顯著增加。

Bitcoin Demand Surges Again, Could Push Price Higher: As an analyst in a recent CryptoQuant Quicktake post highlighted, the demand for Bitcoin has once again appeared to be on the rise. The on-chain metric of interest here is the “Apparent Demand,” which keeps track of the difference between the BTC production and the changes in its inventory.

比特幣需求再次激增，可能會推高價格：正如一位分析師在最近的 CryptoQuant Quicktake 貼文中強調的那樣，對比特幣的需求似乎再次上升。這裡感興趣的鏈上指標是“表觀需求”，它追蹤 BTC 產量與其庫存變化之間的差異。

The only way to produce BTC is by adding new blocks to the chain and receiving block subsidy as compensation, so the asset’s production is equated to the amount that the miners are getting in rewards every day, known as the Issuance.

生產 BTC 的唯一方法是向鏈上添加新區塊並獲得區塊補貼作為補償，因此資產的生產量等於礦工每天獲得的獎勵金額，即發行量。

BTC’s ‘inventory’ can be considered part of its circulating supply, which has been sitting still for more than a year. Thus, the changes in the inventory would be the net number of tokens maturing into or exiting out of this group.

比特幣的「庫存」可以被視為其流通供應量的一部分，該供應量已經停滯了一年多。因此，庫存的變化將是進入或退出該組的代幣的淨數量。

Here is a chart that shows the trend in the Bitcoin Apparent Demand since the start of the year 2024:

下圖顯示了自 2024 年初以來比特幣表觀需求的趨勢：

After slumping to levels around the neutral mark during the earlier phase of consolidation that the asset had gone through, the Bitcoin Apparent Demand has now surged to notable positive levels.

在該資產經歷的早期整合階段跌至中性附近的水平後，比特幣表觀需求現已飆升至顯著的正水平。

After the increase, the indicator has reached the same high as in February of this year. From the chart, it’s visible that what followed back then was BTC’s rally to a new all-time high (ATH).

上漲後，該指標已達到與今年2月相同的高點。從圖表中可以看出，隨後 BTC 反彈至歷史新高（ATH）。

So far, the recent burst of demand has also accompanied a fresh rally in the cryptocurrency’s price, which has taken the asset above the $72,000 level. Given the trend that occurred in the first quarter of the year, it’s possible that BTC could enjoy further upside if the Apparent Demand continues its growth.

到目前為止，最近需求的爆發也伴隨著加密貨幣價格的新一輪上漲，使該資產突破了 72,000 美元的水平。考慮到今年第一季的趨勢，如果表觀需求繼續成長，比特幣可能會進一步上漲。

In other news, the Bitcoin Energy Value has recently crossed the $100,000 level, as Capriole Investments founder Charles Edwards explained in an X post.

在其他新聞方面，正如 Capriole Investments 創始人 Charles Edwards 在 X 帖子中解釋的那樣，比特幣能源價值最近已突破 100,000 美元的水平。

The “Energy Value” here refers to a model for the cryptocurrency that calculates its fair value as a function of the amount of energy (measured in Joules) spent to produce it. The energy here is naturally the one miners use to power their computing machines with, to perform the task of BTC mining.

這裡的「能源價值」是指加密貨幣的模型，該模型將其公允價值計算為生產它所花費的能量（以焦耳為單位）的函數。這裡的能源自然是礦工用來為他們的電腦提供動力，以執行 BTC 挖礦任務的能源。

Here is the chart for the metric shared by the analyst:

以下是分析師分享的指標圖表：

The graph shows that this is the first time that the Bitcoin Energy Value has broken beyond this level.

該圖顯示，這是比特幣能源價值首次突破這一水平。

BTC Price At The Time Of Writing: Bitcoin is trading at around $72,400, up almost 8% over the past week.

截至撰寫本文時，比特幣價格：比特幣交易價格約為 72,400 美元，過去一周上漲近 8%。