比特幣（BTC）投資者正在積極獲利 - 加密QuickTake

根據最近的加密快速帖子，比特幣（BTC）投資者在最新的數字資產價格上漲後正在積極獲利。

Crypto traders usually use realized profit/loss to measure the amount of profit or loss that traders have realized from their trades. It is calculated by summing the absolute value of the price change for each coin that is sold. Realized profit/loss can be a useful indicator of market trends and trader sentiment.

加密交易者通常使用實現的利潤/損失來衡量交易者從交易中實現的利潤或損失量。它是通過求和每種出售硬幣的價格變化的絕對值來計算得出的。實現的利潤/損失可能是市場趨勢和交易者情緒的有用指標。

According to a recent CryptoQuant post, Bitcoin (BTC) investors are aggressively taking profits following the latest surge in the digital asset's price. This uptick in profit-taking mirrors investor behavior typically seen during the late stages of a bull market.

根據最近的一個加密貨幣帖子，比特幣（BTC）投資者在最新的數字資產價格上漲後正在積極獲取利潤。利潤獲取的這種上升反映了在牛市晚期階段通常看到的投資者行為。

Bitcoin Profit-Taking Rises – A Cause For Worry?

比特幣的利潤增加 - 擔心的原因？

Bitcoin's 7-day moving average (MA) net realized profit/loss has mostly remained positive since early 2024. The metric surged as high as $1 billion a day as the flagship cryptocurrency pushed towards new all-time highs (ATH) last year.

比特幣的7天移動平均值（MA）淨淨實現盈利/損失，自2024年初以來一直保持積極，該指標每天高達10億美元，因為去年的旗艦加密貨幣推向了新的歷史最高點（ATH）。

Although BTC experienced a sharp downturn between March and April 2025, profit-taking remained robust as Bitcoin recovered most of its losses. The asset is currently trading in the mid-$90,000 range.

儘管BTC在3月至2025年4月之間經歷了急劇下滑，但隨著比特幣恢復了大部分損失，利潤的賺錢仍然強勁。該資產目前的交易價格為90,000美元。

CryptoQuant contributor Kripto Mevsimi noted that such strong realized profits – even as prices rise – typically signal a late-stage bull market. Drawing comparisons to the 2021 market cycle, Mevsimi pointed out that similar patterns preceded a local top.

加密貢獻者Kripto Mevsimi指出，如此強大的利潤（即使價格上漲）通常標誌著後期牛市。梅夫西米（Mevsimi）與2021年市場週期進行了比較，指出類似的模式在本地頂部之前。

However, the launch of spot Bitcoin exchange-traded funds (ETFs) in January 2024 has altered the market structure to a great extent. That said, investor psychology has remained the same in that profit-taking patterns still align with historical patterns, though now with greater speed and volume.

但是，2024年1月的現貨比特幣交易所交易基金（ETF）的推出已在很大程度上改變了市場結構。也就是說，投資者心理學一直保持不變，因為利潤的模式仍然與歷史模式保持一致，儘管現在速度和數量更高。

Mevsimi shared several possible scenarios that may play out in the market. First, if realized profits remain high, the likelihood of a sharp correction increases. This may push BTC back towards $90,000.

Mevsimi分享了可能在市場上發揮的幾種可能的情況。首先，如果實現的利潤仍然很高，則徹底校正的可能性會增加。這可能會將BTC返回90,000美元。

On the contrary, if profit-taking declines, it could indicate the start of a market cycle transition. Either way, short-term volatility is expected to rise. The post adds: The signal is not calling a full macro top, but it’s flashing a local caution zone. As always: zoom out, and follow behavior — not just price.

相反，如果利潤下降，它可能表明市場週期過渡的開始。無論哪種方式，短期波動率都會上升。帖子補充說：信號沒有調用完整的宏觀頂部，而是在閃爍當地警告區。與往常一樣：縮小並遵循行為 - 不僅僅是價格。

BTC Could See A Temporary Pullback

BTC可能會看到暫時的回調

Meanwhile, seasoned crypto analyst Ali Martinez warned that BTC may retest the $97,700 resistance ahead of today's Federal Open Market Committee (FOMC) meeting, which could trigger another short-term pullback.

同時，經驗豐富的加密分析師阿里·馬丁內斯（Ali Martinez）警告說，BTC可能會在今天的聯邦公開市場委員會（FOMC）會議之前重新測試97,700美元的阻力，這可能會引發另一個短期回調。

Additionally, Bitcoin's supply scarcity narrative is being questioned. While exchange reserves continue to dwindle, recent on-chain data suggests a supply squeeze is unlikely in the near term.

此外，還質疑比特幣的供應稀缺敘事。儘管交換儲量繼續減少，但最近的鏈上數據表明，在短期內，供應擠壓不太可能。

In similar news, Bitcoin's demand momentum is yet to recover from negative territory. Recent data shows that market participants are still favoring short-term speculation over holding BTC for the long-term.

在類似的消息中，比特幣的需求勢頭尚未從負面領域中恢復過來。最近的數據表明，市場參與者仍然贊成短期猜測長期持有BTC。

That said, momentum indicators like the Bitcoin Stochastic RSI are showing renewed strength, bolstering the case for BTC to reach a new ATH. At press time, BTC trades at $97,248, up 3.4% in the past 24 hours.

也就是說，像比特幣隨機RSI這樣的勢頭指標表現出了新的力量，這加強了BTC到達新ATH的案例。發稿時，BTC的交易價格為97,248美元，在過去24小時內增長了3.4％。

The post Bitcoin Profit-Taking Hits Levels Typically Seen In A Late-Stage Bull Market appeared first on Crypto ATOMIC.

比特幣盈利的利潤率達到了晚期牛市通常出現的水平，這是Crypto Atomic的首次出現。

. According to a recent CryptoQuant post, Bitcoin (BTC) investors have been aggressively taking profits following the latest surge in the digital asset’s price. This coincides with a report by Benzinga, which highlights that the level of profit-taking is typically seen in the late stages of a bull market.

。根據最近的一個加密貨幣帖子，比特幣（BTC）投資者在數字資產價格最新的最新漲幅之後一直積極獲利。這與本辛加（Benzinga）的一份報告相吻合，該報告強調說，利潤水平通常在牛市的後期看到。

Bitcoin's 7-day moving average (MA) net realized profit/loss has mostly remained positive since early 2024. The metric surged as high as $1 billion a day as the flagship cryptocurrency pushed towards new all-time highs (ATH) last year.

比特幣的7天移動平均值（MA）淨淨實現盈利/損失，自2024年初以來一直保持積極，該指標每天高達10億美元，因為去年的旗艦加密貨幣推向了新的歷史最高點（ATH）。

However, even as BTC experienced a sharp downturn between March and April 2025, and recovered most of its losses, profit-taking remained robust.

但是，即使BTC在3月至2025年4月之間經歷了急劇下滑，並恢復了大部分損失，但獲利仍然強勁。

Strong Realized Profits Signal A Late-Stage Bull Market

強大的實現利潤標誌著後期牛市

CryptoQuant contributor Kripto Mevsimi explained that such strong realized profits – even as prices rise – typically signal a late-stage bull market.

加密貢獻者Kripto Mevsimi解釋說，如此強大的利潤（即使價格上漲）通常標誌著晚期牛市。

Drawing comparisons to the 2021 market cycle, Mevsimi pointed out that similar patterns preceded a local top. However, the launch of spot Bitcoin exchange-traded funds (ETFs) in January 2024 has altered the market structure to a great extent.

梅夫西米（Mevsimi）與2021年市場週期進行了比較，指出類似的模式在本地頂部之前。但是，2024年1月的現貨比特幣交易所交易基金（ETF）的推出已在很大程度上改變了市場結構。

Despite these changes, investor psychology has remained the same. Profit-taking patterns still align with historical patterns, though now with greater speed and volume.

儘管發生了這些變化，但投資者心理學仍然保持不變。利潤的模式仍然與歷史模式保持一致，儘管現在速度和數量更高。

Several possibilities arise if profit-taking remains high, increasing the potential for a sharper correction that may push BTC back towards the $90,000 level. Conversely, if profit-taking decreases, it could signal the start of a market cycle transition.

如果利潤保持較高，會產生幾種可能性，從而增加了更清晰的校正潛力，這可能會將BTC推向90,000美元的水平。相反，如果利潤下降，它可能標誌著市場週期過渡的開始。

Either way, it's clear that short-

無論哪種方式，很明顯