比特幣（BTC）礦工的決定性突破超過$ 95K，注入新鮮的樂觀

比特幣的決定性突破超過心理意義的95,000美元，至少在礦工中，對市場注入了新鮮的樂觀情緒。

Bitcoin’s decisive break above the psychologically significant $95,000 mark has injected fresh optimism into the market, at least among miners.

比特幣的決定性突破超過心理意義的95,000美元，至少在礦工中，對市場注入了新鮮的樂觀情緒。

This key milestone, reached on April 28, following a few days of struggle, has triggered a shift in miner sentiment, with on-chain data showing a noticeable uptick in BTC miner reserves over the past few days.

在經過幾天的鬥爭之後，這個關鍵的里程碑於4月28日達到，引發了礦工情緒的轉變，鏈上的數據顯示了過去幾天BTC礦工儲備明顯上升。

According to CryptoQuant, Bitcoin’s miner reserve, which had been in a sustained downtrend, began to rise on April 29, shortly after BTC closed above the $95,000 threshold. For context, the reserve had dropped to a year-to-date low of 1.80 million BTC just a day earlier before reversing course and showing signs of accumulation.

根據CryptoQuant的說法，持續下降趨勢的比特幣礦工儲備將於4月29日開始上升，BTC在95,000美元的門檻以上關閉後不久。就上下文而言，在逆轉課程並顯示積累跡象之前，預備役降至180萬BTC的年度低點。

Bitcoin’s miner reserve tracks the number of coins held in miners’ wallets. It represents the coin reserves miners have yet to sell. When it falls, miners are moving coins out of their wallets, usually to sell, confirming growing bearish sentiment against BTC.

比特幣的礦工儲備會跟踪礦工錢包中持有的硬幣數量。它代表了礦工尚未出售的硬幣儲備。當它跌倒時，礦工通常將硬幣從錢包中移出，通常要出售，證實對BTC的看跌期權。

Conversely, when this metric rises, as it is now, it suggests miners are holding onto more of their mined coins, often reflecting growing confidence in the BTC’s future price appreciation.

相反，當這個指標上升時，它表明礦工正在持有更多的採礦硬幣，通常反映出對BTC未來價格欣賞的信心越來越大。

Moreover, the bullish shift in miner sentiment is further supported by the positive miner netflow recorded since April 29. This signals that more coins are being put into miner wallets rather than offloading to exchanges. Such behavior reflects confidence in further upside, as miners, often seen as long-term holders, are choosing to accumulate rather than liquidate.

此外，自4月29日以來記錄的積極的礦工Netflow進一步支持了礦工情緒的看漲轉變。這表明更多的硬幣被放入礦工錢包中，而不是將交易所交換。這種行為反映了對進一步上升空間的信心，因為經常被視為長期持有人的礦工選擇積累而不是清算。

However, the sentiment is not universally bullish. While BTC miners are stepping back from selling, derivatives data tells a different story.

但是，這種情感並不是普遍看漲的。當BTC礦工退後一步時，衍生品數據講了一個不同的故事。

In the futures market, BTC’s funding rate has remained negative since the beginning of May, a sign that a significant portion of traders are betting on a near-term price correction. At press time, the coin’s funding rate is -0.0056%.

在期貨市場中，自5月初以來，BTC的融資率一直保持負面狀態，這表明大部分交易者正在押注近期價格糾正。發稿時，硬幣的資金率為-0.0056％。

The funding rate is a periodic payment exchanged between long and short traders in perpetual futures contracts to keep the contract price aligned with the spot price. When it is positive, it means traders holding long positions are paying those with short positions, indicating that bullish sentiment dominates the market.

籌資率是永久性期貨合約中的長交易者和短交易者之間的定期付款，以使合同價格與現貨價格保持一致。當它是正面的時，這意味著持有較長職位的交易者正在支付那些職位較短的人，這表明看漲的情緒主導了市場。

On the other hand, a negative funding rate like this signals more short bets than long ones, suggesting bearish pressure on BTC’s price.

另一方面，像這樣的負資金率比長賭注更短，這表明對BTC價格的看跌壓力。

As traders appear to be bearish in the derivatives market, miners are showing greater optimism, which could ultimately influence the price trends.

隨著貿易商在衍生品市場中似乎是看跌，礦工表現出更大的樂觀情緒，這最終可能影響價格趨勢。

If coin accumulation strengthens, BTC could extend its gains, break above the resistance at $98,515, and attempt to regain the $102,080 price mark.

如果硬幣的積累增強，BTC可以延長其增長，超過98,515美元的阻力，並試圖重新獲得102,080美元的價格。

However, if the bearish bets against the leading coin win and witness a shortfall in demand, its price could fall below $95,000 to reach $92,910.

但是，如果對領先的硬幣獲勝的看跌賭注並見證了需求不足，其價格可能會低於95,000美元，達到92,910美元。