比特幣（BTC）保持其位置以上$ 103,000

在本週早些時候大幅上升之後，比特幣目前已將其頭寸保持在103,000美元以上。雖然鯨魚正在獲利

Bitcoin (BTC) managed to stay above the $103,000 level despite recent selloffs by whales. As technical indicators and institutuional buying suggest that the current uptrend might continue, analysts say that Bitcoin must hold above $90,000 to keep the upward trajectory.

儘管鯨魚最近拋售了，但比特幣（BTC）仍設法保持超過103,000美元的水平。正如技術指標和研究所的購買表明，當前的上升趨勢可能會繼續，分析師表示，比特幣必須持有超過90,000美元以保持向上的軌跡。

Ali Charts Analysis Hint At $120K Peak

Ali圖表分析提示為$ 120K峰值

Analyst Ali Martinez observed that Bitcoin is building a solid uptrend with the Cumulative Value Days Destroyed (CVDD) metric showing the cryptocurrency trading above its “HOT” line.

分析師阿里·馬丁內斯（Ali Martinez）觀察到，比特幣正在建立堅實的上升趨勢，累積價值天數（CVDD）度量標準，顯示了高於其“熱”線的加密貨幣交易。

"We are in the middle of the second accumulation phase and the next cycle peak could be around $120,000 as long as the $90,000 support holds," said Martinez.

馬丁內斯說：“我們處於第二累積階段的中間，只要$ 90,000的支持持有，下一個週期的峰值可能約為120,000美元。”

According to Martinez, Bitcoin prices usually stay within the typical ranges defined by past market cycles, which implies that further increases in price are possible if the economic and technical conditions remain favorable.

根據馬丁內斯（Martinez）的說法，比特幣價格通常停留在過去的市場週期定義的典型範圍內，這意味著如果經濟和技術狀況仍然有利，則可能進一步上漲。

During a 72-hour period, wallets holding 1,000 to 10,000 BTC sold over 30,000 BTC. The major selling trend by whales came after Bitcoin passed the $100,000 mark.

在72小時的時間裡，容納1,000至10,000 BTC的錢包售出了30,000多個BTC。鯨魚的主要銷售趨勢是在比特幣超越了100,000美元的大關之後。

The large outflows suggest that a price decline might be imminent.

大量流出表明，價格下跌可能即將到來。

"We can clearly see that over the last 72 hours, there has been a massive selloff by whales, with over 30,000 BTC sold from wallets holding 1k to 10k," said Martinez.

馬丁內斯說：“我們可以清楚地看到，在過去的72小時中，鯨魚已經大大拋棄了，超過30,000輛BTC從持有1k的錢包售價為10K。”

ETF Inflows Continue As Futures Premium Drops

ETF流入隨著期貨的溢價而繼續

In the face of recent selloffs, institutional investors appear to be remaining interested in Bitcoin. Spot Bitcoin ETFs in the U.S. saw inflows of $319.56 million on May 14, reversing the $96 million of outflows that were noted the day prior.

面對最近的拋售，機構投資者似乎對比特幣感興趣。 5月14日，美國的現貨比特幣ETF在5月14日的流入量為3.656億美元，扭轉了前一天所指出的9600萬美元外流。

However, in the futures markets, there are signs of caution. The premium on two-month Bitcoin futures dropped from 7% to 5%, according to Laevitas, indicating a pullback in bullish positions.

但是，在期貨市場中，有謹慎的跡象。據萊維塔斯（Laevitas）稱，兩個月比特幣期貨的溢價從7％下降到5％，表明看漲位置的回調。

The last time that premium was seen at such a high level, it was linked to Bitcoin trading at around $84,500, which might signal that traders are expecting periods of sideways movement or low volatility in the market ahead of further price increases.

上次出現高級時，它與比特幣交易的價格約為84,500美元，這可能表明交易者期望側向運動的時期或市場上的低波動性在進一步的價格上漲之前。

Technical Analysts Still Bullish On Structure

技術分析師仍然看好結構

According to analyst Michaël van de Poppe, Bitcoin is in a good upswing so far and should continue to rise if it secures support above $98,000.

根據分析師MichaëlVande Poppe的說法，到目前為止，比特幣的增長幅度不錯，如果獲得超過98,000美元的支持，它將繼續上升。

"The view remains unchanged on Bitcoin. As long as it stays above $98K, we'll be fine for further continuation upwards. Last consolidation before we'll break ATHs and start having fun."

“在比特幣上，該視圖保持不變。只要它保持在$ 9.8K的高度，我們就可以進一步延續。最後一個合併，然後我們就會打破Aths並開始玩得開心。”

According to van de Poppe, the $110,000–$115,000 price level will be an interesting area for accumulation. He also noted how a clear double-bottom pattern below $81,000 acted as resistance to the recent upward surge.

根據范德波普（Van de Poppe）的說法，$ 110,000- $ 115,000的價格水平將是一個有趣的積累領域。他還指出，在81,000美元以下的明顯雙底模式如何抵抗最近的上升趨勢。

Analyst Javon Marks mentioned that Bitcoin has recently formed a bull flag pattern just below its record price.

分析師Javon Marks提到，比特幣最近形成了低於其創紀錄價格的牛旗模式。

"A break above the flag could set up new highs for Bitcoin. Also, we're used to seeing altcoins like this, come after big BTC moves, which ties into the cycles from the last bull run."

“旗幟上方的突破可以為比特幣設置新的高點。而且，我們習慣於看到這樣的山寨幣，是按照大型BTC的移動來的，這與上次公牛奔跑的循環聯繫在一起。”

Recently, BitMEX founder Arthur Hayes predicted that Bitcoin will hit the $1 million mark in just under six years.

最近，Bitmex創始人Arthur Hayes預測，比特幣將在不到六年的時間內達到100萬美元。

According to Hayes, the main driver of the price increase will be the loss of confidence in U.S. Treasuries and the inflow of global capital into cryptocurrencies.

據海斯說，價格上漲的主要驅動力是失去對美國國債的信心以及全球資本流入加密貨幣的流入。

"The last time the world's central bankers and finance ministers met for the World Bank/IMF Spring Meetings in April 2023, the narrative was that we are headed for a global recession. But instead, we got a series of surprising economic reports and sticky inflation that prompted the Fed to keep interest rates higher for longer."

“全球中央銀行和財務部長上次在2023年4月舉行的世界銀行/IMF春季會議上會議時，敘述是我們將前往全球衰退。但是，相反，我們得到了一系列令人驚訝的經濟報告和粘性通貨膨脹，促使美聯儲將利率更高。”

According to his calculations, over the next four to five years, Bitcoin's price could increase to $1.2 million.

根據他的計算，在接下來的四到五年中，比特幣的價格可能會增加到120萬美元。

As more people move money away from conventional investment options, such as stocks, bonds, and real estate, and into Bitcoin, it might become a more widely adopted store of value.

隨著越來越多的人將錢從常規投資選擇（例如股票，債券和房地產）轉移到比特幣中，它可能會成為更廣泛採用的價值存儲。

At the time of writing, Bitcoin trades at $103,663, up 1.7% in 24 hours.

在寫作時，比特幣的交易價格為103,663美元，在24小時內增長了1.7％。