比特幣（BTC）持續展現彈性，維持在上升通道內的地位

儘管比特幣最近錯誤突破支撐線，但它仍保持在上升通道內的位置，繼續表現出彈性。

Bitcoin encountered support at a crucial level following a false breakout below the lower boundary of the ascending channel on the 12-hour chart. BTC could resume its uptrend if this zone holds, targeting the upper resistance line.

比特幣在 12 小時圖上錯誤突破上升通道下限後，在關鍵水平遇到支撐。如果該區域守住，比特幣可能會恢復上行趨勢，目標是上方阻力線。

After bouncing off the support line, Bitcoin encountered resistance at the ascending channel’s upper boundary. This level coincides with the Daily 55EMA, which has acted as a critical moving average throughout the year.

比特幣從支撐線反彈後，在上升通道的上邊界遇到阻力。該水平與每日 55EMA 重合，後者是全年的關鍵移動平均線。

As the year comes to a close, several patterns emerge in Bitcoin’s price action, influenced by market participants’ varying strategies during this period.

隨著這一年即將結束，受市場參與者在此期間不同策略的影響，比特幣的價格走勢出現了多種模式。

After a strong pump from October to November, December usually brings range-bound action, marked by temporary bounces from key moving averages like the Daily 55EMA.

在 10 月至 11 月的強勁上漲之後，12 月通常會帶來區間波動，其特點是從每日 55EMA 等關鍵移動平均線暫時反彈。

Historical trends suggest that BTC’s price movement during the end-of-year period tends to follow a familiar pattern.

歷史趨勢表明，年底期間比特幣的價格走勢往往遵循熟悉的模式。

The expectation remains that BTC could see a bottom around the Daily 100EMA in early January, estimated near the $85,000–$87,000 range. If this scenario unfolds, a subsequent rebound toward all-time highs may follow.

人們仍然預計 BTC 可能會在 1 月初在每日 100EMA 附近觸底，估計在 85,000 美元至 87,000 美元區間附近。如果這種情況發生，隨後可能會反彈至歷史高點。

According to the analysis, investors maintaining patience through this period might find lucrative opportunities as the cycle top is not believed to be in yet.

分析稱，由於週期頂部尚未到來，投資者在此期間保持耐心可能會發現利潤豐厚的機會。

Bitcoin’s recent price action has been supported by long-term holders, who remained largely unfazed by the selling pressure from younger coins.

比特幣最近的價格走勢得到了長期持有者的支持，他們基本上沒有受到年輕代幣拋售壓力的影響。

Data from CryptoQuant reveals that long-term holders played a significant role in Bitcoin’s recent price dynamics. Investors holding Bitcoin for 6–12 months were the most active sellers during the November-December rally, likely taking profits from positions accumulated earlier in the year.

CryptoQuant 的數據顯示，長期持有者在比特幣近期的價格動態中發揮了重要作用。在 11 月至 12 月上漲期間，持有比特幣 6 至 12 個月的投資者是最活躍的賣家，他們可能從今年稍早累積的部位中獲利。

Despite this selling pressure, BTC has managed to stay within the $90,000–$100,000 range, thanks to robust demand from younger coins. Notably, holders with assets aged over a year showed minimal selling activity, signaling confidence in higher future valuations.

儘管存在拋售壓力，但由於年輕代幣的強勁需求，比特幣仍設法保持在 90,000 美元至 100,000 美元的範圍內。值得注意的是，擁有一年以上資產的持有者出售活動很少，這表明對未來更高估值的信心。

Furthermore, the Binary CDD indicator, which measures the average age of coins being sold, also supports the observation that older coins are being sold less aggressively. This aligns with the analysis that many long-term holders are holding out for more significant price milestones.

此外，衡量所售代幣平均年齡的二元 CDD 指標也支持了舊代幣銷售較不正面的觀察。這與許多長期持有者堅持等待更重要的價格里程碑的分析相一致。