比特幣（BTC）期貨激增，現場下降 - 二元數據信號需要謹慎

在過去的幾周中，比特幣表現出強大的看漲勢頭，突破了幾個阻力水平，以重新獲得六位數的估值，並創造了新的歷史最高水平。

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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。

Over the past few weeks, Bitcoin has displayed strong bullish momentum, breaking through several resistance levels to reclaim six-figure valuation and forge a new all-time high.

在過去的幾周中，比特幣表現出強大的看漲勢頭，突破了幾個阻力水平，以重新獲得六位數的估值，並創造了新的歷史最高水平。

After breaching its previous all-time-high price, the premier cryptocurrency has rekindled positive sentiments regarding its growth across the cryptocurrency market. As BTC continues to grow, however, recent on-chain data suggests that investors may need to check their optimism and approach the market with caution.

在違反了以前的最高價格之後，總理加密貨幣對其在加密貨幣市場的增長重新點燃了積極的情緒。但是，隨著BTC的不斷增長，最近的鏈上數據表明，投資者可能需要謹慎地檢查其樂觀情緒並逐漸接近市場。

Futures Surge, Spot Falls — Binance Data Signals Need For Caution

期貨激增，現場跌倒 - 二手數據信號需要謹慎

In a May 24 post on social media platform X, on-chain analyst Darkfost reported that trader activity in the Bitcoin futures market on Binance has slightly increased since May 5, while the spot market activity has dwindled considerably.

在5月24日的社交媒體平台X上的一篇文章中，鍊鍊分析師Darkfost報告說，自5月5日以來，比特幣期貨市場的交易者活動略有增加，而現貨市場活動卻大大減少。

This on-chain observation is based on two metrics: the Daily Binance Future Trade Volume and the Trading Volume on Futures and Spot. As their names suggest, these metrics track the trading volume across various markets on the world’s largest exchange.

這種鏈上的觀察基於兩個指標：每日二人未來的貿易量以及期貨和現貨的交易量。顧名思義，這些指標跟踪了世界上最大的交易所各個市場的交易量。

When the Future Trading Volume metric has a high value, it typically suggests a growing appetite for short-term bets on BTC. On the other hand, a low value implies less willingness of futures traders to bet on Bitcoin’s movement in the short term.

當未來的交易量指標具有較高的價值時，通常表明對BTC短期賭注的需求不斷增長。另一方面，低價值意味著未來交易者在短期內押注比特幣運動的意願較少。

For the spot market, a high value on the metric mirrors investors’ inclination towards long-term bets on Bitcoin. Meanwhile, a low value often indicates that investors suggest reduced faith in the long-term promise of the flagship cryptocurrency.

對於現貨市場，公制的高價值反映了投資者對比特幣長期賭注的傾向。同時，低價值通常表明投資者暗示對旗艦加密貨幣的長期承諾的信念減少。

According to data shared by Darkfost, the increase in futures activity, combined with the decrease in spot market activity, has created an imbalance in market dynamics. This current imbalance hints at a rise in speculative trading, meaning investors are now more motivated by risk-on sentiment, rather than long-term belief in the cryptocurrency.

根據DarkFost共享的數據，期貨活動的增加以及現貨市場活動的減少，在市場動態上造成了不平衡。當前的不平衡暗示投機性交易的增加，這意味著投資者現在更具風險性情緒的動機，而不是對加密貨幣的長期信念。

According to the analyst, this inclination to place bets on BTC’s short-term movement can heighten volatility, especially when these bets are not backed by strong spot demand to support the trend. “This increase in risk-taking on the market makes the trend more fragile and calls for heightened caution before making investment decisions,” Darkfost ended with a warning note.

根據分析師的說法，這種傾向於將BTC短期運動押注的傾向會提高波動性，尤其是當這些賭注不受強烈的點需求支持以支持趨勢時。 Darkfost的警告說：“市場上冒險的增加使趨勢更加脆弱，並在做出投資決策之前呼籲謹慎行事。”

Bitcoin Price At A Glance

比特幣價格一目了然

As of this writing, the price of BTC stands at around $107,770, reflecting a 0.2% increase in the past 24 hours. According to data from CoinGecko, the flagship cryptocurrency is up by over 4% in the past seven days.

截至撰寫本文時，BTC的價格約為107,770美元，反映了過去24小時的0.2％。根據Coingecko的數據，在過去的七天中，旗艦加密貨幣增加了4％以上。