分析師威利·沃（Willy Woo）說

據指出的鍊鍊分析師威利·沃（Willy Woo）的說法，比特幣的市場結構繼續加強，有幾個關鍵指標表明資產可能正在為有史以來的高點進行全新的攻擊。

According to noted on-chain analyst Willy Woo, Bitcoin’s market structure continues to strengthen, with several key indicators suggesting the asset may be gearing up for a fresh assault on all-time highs.

據指出的鍊鍊分析師威利·沃（Willy Woo）的說法，比特幣的市場結構繼續加強，有幾個關鍵指標表明資產可能正在為有史以來的高點進行全新的攻擊。

After a period of consolidation, Woo highlights that capital inflows into the Bitcoin network are ramping up again. Both total flows and speculative flows have bottomed and are now aligning, a dynamic that typically fuels a bullish environment backed by fundamentals. The long-term outlook appears increasingly constructive, supported by improving liquidity and favorable on-chain trends.

經過一段時間的合併，WOO強調，資本流入比特幣網絡正在再次增加。總流量和投機性流量都已經觸底並且正在對齊，這種動態通常會為基本面支持的看漲環境提供。長期前景似乎越來越建設性，通過改善流動性和有利的鍊鍊趨勢的支持。

At the same time, Bitcoin’s fundamentals have shown a major positive shift. If the current capital flow trend persists, Bitcoin is setting up for a potential break above previous highs. Woo describes the present market regime as a solid long-term setup, with dips seen as buying opportunities rather than warning signals.

同時，比特幣的基本面顯示了重大的積極轉變。如果當前的資本流趨勢持續存在，則比特幣正在設置潛在的突破以上的高點。 Woo將目前的市場製度描述為堅實的長期設置，下降是購買機會而不是警告信號。

Short-Term Friction Ahead, But Higher Targets Remain

短期摩擦未來，但仍有更高的目標

In his latest analysis, Woo cautions that while the broader trend is upward, the immediate momentum may face some friction. Bitcoin’s on-chain VWAP (Volume-Weighted Average Price) is currently sitting at +3 standard deviations, suggesting a state of overextension.

Woo在他的最新分析中警告說，儘管更廣泛的趨勢是向上的，但即時的動力可能會面臨一些摩擦。比特幣的鍊鍊VWAP（體積加權平均價格）目前處於+3標準偏差，表明過度擴張的狀態。

This overbought condition implies that sideways action or, at best, a slow grind upwards is likely in the near term rather than a sharp breakout. Still, Woo emphasizes that the market’s underlying structure remains solidly bullish.

這種過多的條件意味著側向行動，或者充其量是在短期內而不是急劇的突破。儘管如此，Woo還是強調市場的基本結構仍然是堅定看漲的。

Higher Price Targets Come Into Focus

較高的目標目標成為焦點

Medium-term price targets of $90,000 and $93,000 have already been met, according to Woo’s tracking. New interim targets around $103,000 are now forming, with the broader objective still set at $108,000.

根據Woo的跟踪，已經實現了90,000美元和93,000美元的中期目標目標。現在，新的臨時目標約為103,000美元，而更廣泛的目標仍然設定為108,000美元。

Importantly, Woo notes that these targets are supported by underlying capital inflows and not just speculative trading, strengthening the case for durable upside.

重要的是，Woo指出，這些目標是通過基本的資本流入而不僅僅是投機性交易來支持的，從而加強了耐用上升空間的案例。

Liquidity Returns, Downside Risks Muted

流動性回報，下行風險靜音

Woo’s analysis also highlights that liquidity has returned to the market. His risk model has started trending downward, a signal that financial conditions are easing and supporting further asset accumulation.

Woo的分析還強調，流動性已經返回市場。他的風險模型已經開始向下趨勢，這表明財務狀況正在緩解並支持進一步的資產積累。

With stronger capital flows and improved liquidity, downside pullbacks are expected to be muted under the current environment.

隨著資本流動更高和流動性的提高，下降的回調預計將在當前環境下靜置。

Outlook: Willy Woo Sees Bullish Foundations Strengthening

展望：威利·沃（Willy Woo）認為看漲基礎正在加強

Overall, Bitcoin’s backdrop is rapidly improving according to Willy Woo’s on-chain analysis. Fundamentals have turned decisively bullish, network activity is accelerating, and market liquidity is deepening.

總體而言，根據Willy Woo的鏈分析，比特幣的背景正在迅速改善。基本原理變成了果斷的看漲，網絡活動正在加速，市場流動性正在加深。

While short-term consolidation may still occur, the broader setup points to continued expansion — and a real shot at pushing Bitcoin into new all-time highs over the coming months.

儘管可能仍會發生短期合併，但更廣泛的設置要持續擴展 - 並且在未來幾個月內將比特幣推向新的歷史最高點的真實鏡頭。

As Woo puts it, this is not a bad setup to break all-time highs.

正如Woo所說的那樣，這並不是打破歷史最高點的糟糕設置。