比特幣（BTC）在二手車上賺了一個新的ATH

昨天，比特幣（BTC）在幾個月的下行行動後，在Binance Crypto Exchange上獲得了新鮮的歷史最高（ATH），$ 111,880

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獅子和球員的足球價格有些柔和。每個arcu lorem，超級兒童或ullamcorper的足球仇恨。

Yesterday, Bitcoin (BTC) hit a new all-time high (ATH) of $111,880 on Binance crypto exchange. The world's leading cryptocurrency has now rebounded more than 45% from its April 6 low of around $76,000, and recent whale activity suggests that long-term holders see further upside potential.

昨天，比特幣（BTC）在Binance Crypto Exchange上贏得了111,880美元的新歷史最高（ATH）。現在，全球領先的加密貨幣從4月6日低約76,000美元的低點反彈了45％以上，最近的鯨魚活動表明，長期持有人看到了進一步的上升潛力。

Bitcoin ATH Sees Mixed Reaction From Whales

比特幣ATH看到鯨魚的混合反應

According to a recent CryptoQuant post by contributor Crazzyblockk, new whales, defined as wallets that have held substantial Bitcoin amounts for less than 30 days, have been aggressively taking profits during the current price rally, applying constant selling pressure.

根據貢獻者Crazzyblockk最近的一篇隱秘帖子，新鯨魚被定義為在當前價格集會期間積極地佔據利潤，並施加了持續的銷售壓力。

This aligns with previous observations that new and mid-term holders, having joined the market during the 2024 bull run, are realizing their gains as Bitcoin approaches new highs. In contrast, old whales, who have held significant Bitcoin for over six months, have shown minimal selling activity.

這與以前的觀察結果相吻合，即在2024年公牛奔跑期間加入市場的新和中期持有人正在意識到自己的收益，因為比特幣接近新的高點。相比之下，擁有大量比特幣超過六個月的舊鯨魚顯示出最少的銷售活動。

This signals long-term confidence in Bitcoin and expectations of continued price appreciation.

這表明對比特幣的長期信心以及對持續價格升值的期望。

However, whales active 7 to 30 days ago have engaged in moderate profit-taking, suggesting cautious participation in the ongoing rally.

但是，7至30天前活躍的鯨魚已經從事中等利潤，這表明謹慎地參加了正在進行的集會。

While the restrained activity from old whales is a positive sign, some indicators point to caution regarding the rally's strength.

雖然舊鯨魚的約束活動是一個積極的跡象，但一些指標表明謹慎地對拉力賽的力量進行謹慎。

For instance, the Net Realized Profit/Loss (NRPL) during the current price surge is significantly lower than levels observed during previous market tops in 2024-2025. This indicates weaker overall profit-taking momentum among investors.

例如，當前價格漲幅期間，淨實現的損益（NRPL）明顯低於2024 - 2025年以前的市場頂部觀察到的水平。這表明投資者的總體利潤勢頭較弱。

For the uninitiated, NRPL measures the net profit or loss investors are locking in when they sell their Bitcoin, based on the price difference between acquisition and sale. A high NRPL indicates strong profit-taking behavior, while a low or negative NRPL suggests reduced enthusiasm or capitulation.

對於初學者，NRPL衡量了投資者在出售比特幣時鎖定的淨利潤或損失，這是根據收購和銷售之間的價格差異。高NRPL表示強大的利潤行為，而低或負的NRPL表明熱情或投降降低。

Is The Market Headed Further Up?

市場進一步發展嗎？

Although a low NRPL may imply that the market is not yet euphoric, which could be a healthy sign, it also raises concerns about the strength and sustainability of the ongoing rally. These dynamics could influence Bitcoin's price trajectory across different timeframes.

儘管低NRPL可能意味著市場尚未欣喜，這可能是一個健康的跡象，但它也引起了人們對正在進行的集會的實力和可持續性的擔憂。這些動態可能會影響比特幣在不同時間範圍內的價格軌跡。

In the short-term, continued profit-taking by new whales may trigger a price correction to neutralize overheated market conditions. A drop in price could send Bitcoin back to the $100,000-$105,000 support zone.

在短期內，新鯨魚的持續獲利可能會觸發價格糾正，以中和過熱的市場狀況。價格下跌可能會使比特幣回到$ 100,000- $ 105,000的支持區。

In the mid-term, the ongoing inactivity of old whales and low NRPL levels could support a bullish continuation after a consolidation phase. Investors may view pullbacks as opportunities to accumulate more Bitcoin.

在中期，舊鯨魚和低NRPL水平的持續不活躍可以支持整合階段後的看漲延續。投資者可能會將回調視為積累更多比特幣的機會。

To conclude, while a short-term price correction remains possible, the mid-term outlook for Bitcoin is largely optimistic, assuming old whales maintain their positions and NRPL remains low. This aligns with recent on-chain analyses showing that many new Bitcoin investors are sitting on solid unrealized gains and are not showing signs of panic selling, even as Bitcoin trades close to all-time highs.

總而言之，儘管短期價格糾正仍然是可能的，但假設舊鯨魚保持其位置並且NRPL仍然很低，則比特幣的中期前景在很大程度上是樂觀的。這與最近的鏈上分析相吻合，表明許多新的比特幣投資者都坐在堅實的未實現的收益上，並且沒有顯示出恐慌銷售的跡象，即使比特幣交易接近歷史高潮。