儘管價格適中，比特幣（BTC）牛市仍然處於平衡狀態

在過去三個月中進行了廣泛的價格校正之後，比特幣牛市繼續處於平衡狀態。儘管4月份的價格適中

Bitcoin price has been largely stuck in a consolidation phase after a strong correction from the March 2024 highs. Despite a modest price rebound in April, the premier cryptocurrency is yet to display a strong intent to resume its bull rally with no major market factors to encourage the same. However, crypto analyst Axel Adler Jr. has now highlighted a promising development that could unleash major upside potential for Bitcoin.

從2024年3月的高點進行了強有力的糾正之後，比特幣價格在很大程度上被困在整合階段。儘管4月份的價格適中，但總理的加密貨幣尚未表現出強烈的意圖，即恢復其公牛集會，而沒有任何主要的市場因素來鼓勵這種情況。但是，加密分析師Axel Adler Jr.現在強調了一個有希望的發展，可以釋放比特幣的主要上漲潛力。

Long-Term Holders Halt Selling Pressure

長期持有人停止賣壓力

In a recent post on X, Adler Jr. shared an important update in Bitcoin long-term holders (LTH) activity, which could prove significantly positive for the broader BTC market.

在X最近的一篇文章中，小阿德勒（Adler Jr.

Using on-chain data from CryptoQuant, the renowned analyst reports that selling pressure by long-term holders, i.e. amount of LTH holdings on exchanges, has now hit its lowest point at 1.1% over the past year. This development indicates that Bitcoin LTH are now opting to hold on to their assets rather than take profits.

這位著名的分析師報告說，使用CryptoQuant的鍊鍊數據報告說，長期持有人的銷售壓力，即交易所的LTH持有量，現在在過去一年中達到了其最低點，為1.1％。這種發展表明，比特幣LTH現在選擇保留其資產，而不是獲得利潤。

Adler explains that a further decline in these LTH exchange holdings to 1.0% would signal the total absence of selling pressure. Notably, this development could encourage new market entry and sustained accumulation, creating a strong bullish momentum in the BTC market. Importantly, Alder highlights that the majority of the Bitcoin LTH entered the market at an average price of $25,000, Since then, CryptoQuant has recorded the highest LTH selling pressure of 5.6% at $50,000 in early 2024 and 3.8% at $97,000 in early 2025.

阿德勒（Adler）解釋說，這些LTH Exchange Hothings的進一步下降至1.0％，這表明總缺乏銷售壓力。值得注意的是，這種發展可以鼓勵新的市場進入和持續的積累，從而在BTC市場創造強大的看漲勢頭。重要的是，奧爾德（Alder）強調，大多數比特幣LTH以25,000美元的平均價格進入市場，此後，CryptoQuant在2024年初的銷售壓力最高的5.6％，50,000美元，在2025年初的97,000美元，為97,000美元。

According to Adler, these two instances likely represent the primary profit-taking phases for long-term holders who intended to exit the market. Therefore, a resurgence in selling pressure from this cohort of BTC investors is unlikely in the short-term, which supports a building bullish case as long-term holders currently control 77.5% of Bitcoin in circulation.

根據阿德勒的說法，這兩個實例可能代表了打算退出市場的長期持有人的主要利潤階段。因此，在短期內，從BTC投資者隊列中銷售壓力的重新出現不太可能支持建築物看漲案件，因為長期持有人目前控制著77.5％的比特幣流通中。

BTC Price Overview

BTC價格概述

At the time of writing, Bitcoin was trading at $85,226 following a 0.36% gain in the past day and a 0.02% loss in the past week. Both metrics only reflect the ongoing market consolidation as BTC continues to struggle to achieve a convincing price breakout beyond $86,000.

在撰寫本文時，比特幣在過去一天收益0.36％，在過去一周的損失為0.02％之後，比特幣的交易價格為85,226美元。這兩個指標僅反映了正在進行的市場整合，因為BTC繼續難以實現超過86,000美元的令人信服的價格突破。

Meanwhile, the asset’s performance on the monthly chat now reflects a 1.97% gain, indicating a potential trend reversal as the market correction ceases. Nevertheless, BTC remains in need of a strong market catalyst to ignite any sustainable price rally. With a market cap of $1.67 trillion, Bitcoin is ranked as the largest digital asset, controlling 62.9% of the crypto market.

同時，現在的每月聊天中資產的績效反映了1.97％的增長，這表明隨著市場校正停止，潛在的趨勢逆轉。然而，BTC仍然需要強大的市場催化劑來點燃任何可持續的價格集會。比特幣的市值為1.67萬億美元，被評為最大的數字資產，控制著加密貨幣市場的62.9％。