比特幣（BTC）的勢頭暫停，但市場趨勢仍然積極

本週早些時

Bitcoin’s (BTC) momentum, which pushed the asset to a fresh all-time high of over $111,000 earlier this week, appears to have paused slightly heading into the weekend.

比特幣（BTC）的勢頭將資產推向了本週早些時候的新鮮高點，超過111,000美元，似乎已經暫停了周末。

As of the time of writing, BTC is trading at $108,499, marking a 2.4% decline over the past 24 hours. However, the majority of recent gains have been held, and the asset remains just below its record peak set yesterday.

截至撰寫本文時，BTC的交易價格為108,499美元，在過去24小時內下降了2.4％。但是，最近的大部分收益已經達到，資產仍然低於昨天的紀錄峰值。

Recent price action has coincided with an increase in on-chain signals, suggesting that large players are returning to the market. Notably, analysts are closely monitoring activity from major crypto exchanges like Binance, which have historically played a significant role in price discovery and market direction.

最近的價格行動與鏈上信號的增加相吻合，這表明大型參與者正在返回市場。值得注意的是，分析師正在密切監視Binance等主要加密交易所的活動，這些活動歷來在價格發現和市場方向中發揮了重要作用。

Binance Whale Activity Sparks Volatility Watch

Binance Whale活動火花波動觀看

In a recent QuickTake post by CryptoQuant contributor Crazzyblockk, titled “Binance Whale Activity Spikes — Eyes on the Market,” the analyst highlighted a surge in whale activity on Binance.

在Cryptofant貢獻者Crazzyblockk的最近一篇QuickTake帖子中，標題為“ Binance Whale Activity Spikes - 在市場上的眼睛”，分析師強調了鯨魚育種活動的激增。

According to his observations, the Binance Whale Activity Score has seen a sharp rise. This metric, which measures inflow and outflow behavior of the top 10 whale wallets on Binance, indicates that large holders are actively repositioning.

根據他的觀察，Binance Whale活動得分急劇上升。該指標可以測量二名鯨魚錢包的流入和流出行為，表明大型持有人正在積極重新定位。

These movements can be early indicators of upcoming volatility and directional shifts in the market. Inflow spikes from whales may point to potential distribution or strategic selling, while outflow surges often signal accumulation or redeployment of capital to other platforms.

這些運動可能是即將到來的波動性和定向轉變的早期指標。鯨魚的流入峰值可能指向潛在的分佈或戰略銷售，而流出的潮流通常會表明積累或重新部署資本到其他平台。

The significance of these whale movements lies in their historical tendency to precede major price developments. According to Crazzyblockk, Binance remains a central venue for price formation, making it critical to observe whale patterns there.

這些鯨魚運動的意義在於它們的歷史趨勢，即先前價格發展。根據Crazzyblockk的說法，Binance仍然是價格形成的核心場所，因此觀察那裡的鯨魚模式至關重要。

He concluded that these inflow-outflow fluctuations could introduce higher liquidity and possibly increased volatility in the short term.

他得出的結論是，這些流出流動的波動可能會引入更高的流動性，並可能在短期內提高波動性。

Spot Market Data Points to Renewed Buyer Interest

現貨市場數據點，以更新買方利息

Complementing these observations is a report from another CryptoQuant analyst, Ibrahimcosar, who identified a positive shift in spot market behavior.

補充這些觀察結果是另一位加密分析師Ibrahimcosar的報告，他確定了現貨市場行為的積極轉變。

According to the analyst, the Spot Taker CVD (Cumulative Volume Delta) over the past 90 days has turned green again. This metric reflects the difference between taker buy and taker sell volumes and serves as a proxy for real-time demand.

根據分析師的說法，過去90天的現場Taker CVD（累積體積達美）再次變成綠色。該度量標準反映了Taker Buy和Taker賣方銷售量之間的差異，並作為實時需求的代理。

A green phase indicates that market buy orders have become dominant, suggesting that buyers are regaining control. In previous months, the same chart showed mostly red values, which may indicate the presence of strong selling pressure as the market trends lower.

綠色階段表明市場買入訂單已成為主導，這表明買家正在重新獲得控制權。在前幾個月，同一張圖表大多顯示紅色值，這可能表明隨著市場趨勢降低，存在強大的銷售壓力。

However, the recent transition back into green territory could indicate the emergence of new demand as Bitcoin challenges its previous highs. With price levels remaining elevated, the presence of buying pressure is interpreted as a potentially bullish signal.

但是，由於比特幣挑戰了以前的高點，最近回到綠色領域的過渡可能表明新需求的出現。由於價格水平保持升高，購買壓力的存在被解釋為潛在的看漲信號。

While cautious sentiment remains due to the short-term price decline and the potential for further retracement, these dynamics hint at the possibility of further upward movement if momentum continues to build in the days ahead.

儘管謹慎的情緒仍然是由於短期價格下降和進一步回撤的潛力，但這些動態暗示，如果動量在未來的日子繼續發展，則可能會進一步向上移動。