比特幣（BTC）的價格在周末舉行了溫和的恢復，但售價超過110,000美元

來自GlassNode的數據顯示了持有超過一萬比特幣的隊列中的“淨分佈”（銷售），但低於此水平的同類群體繼續積累。

Bitcoin (BTC) price staged a mild recovery over the weekend, but gains above $110,000 are being capped by selling. Data from Glassnode shows “net distribution” (selling) from the cohort holding more than ten thousand Bitcoin, but cohorts below this level have continued to accumulate.

比特幣（BTC）的價格在周末舉行了溫和的恢復，但銷售限制了110,000美元以上的收益。來自GlassNode的數據顯示了持有超過一萬比特幣的隊列中的“淨分佈”（銷售），但低於此水平的同類群體繼續積累。

The spot and futures cumulative volume delta at Binance exchange reflect persistent selling when BTC price approaches the $110,000 level.

Binance Exchange的現貨和期貨累計數量達美交易，反映了BTC價格接近110,000美元的水平時持續的銷售。

The Sunday (May 25) futures-market driven surge back to $110,000, following US President Donald Trump’s announcement that EU Commision President Ursula von der Leyen had contacted him, suggesting a roughly one-month extension to delay the 50% EU tariffs which were slated to start on June 1.

在美國總統唐納德·特朗普（Donald Trump）宣佈歐盟委員會主席Ursula von der Leyen已與他聯繫之後，週日（5月25日）期貨市場將返回110,000美元，這是在6月1日開始延遲50％的歐盟關稅的延期。

Compared to last week’s data, funding rates have cooled, especially at Hyperliquid (orange line), where trader James Wynn alternated between a $1.2 billion 40x long position and a $500 million leveraged short position, both of which are now closed.

與上週的數據相比，資金率已經冷卻，尤其是在超級流動線（橙色線），交易員詹姆斯·永利（James Wynn）在12億美元的40倍長位和5億美元的槓桿率之間交替，現在關閉了這兩個位置。

In terms of taking out the resistance seen at $110,000, flows could possibly remain suppressed as US markets are closed for the Memorial Day holiday, so the daily open market demand seen by the spot Bitcoin ETFs, which accounted for $8.36 billion in BTC purchasing since the start of April, are paused for the day.

在取消110,000美元的阻力方面，由於美國市場在陣亡將士紀念日假期關閉，因此流量可能會受到壓制，因此，自4月初以來BTC購買的現貨比特幣ETF的每日公開市場需求佔BTC的83.6億美元。

Liquidation heatmap data crypto analytics platform TheKingfisher shows that margin traders are overweight on the long side, with the potential for liquidations starting below $109,000 to $107,000.

清算熱圖數據加密分析平台Thekingfisher表明，保證金交易員長期超重，而清算的潛力開始低於109,000美元至107,000美元。

On the other hand, CoinGlass data hints that a BTC price push through the $110,000 resistance could trigger a short liquidation that could quickly result in a rally to $114,000.

另一方面，Coinglass數據暗示，BTC價格推動了110,000美元的電阻可能會觸發短暫的清算，這可能會迅速導致集會至114,000美元。

In terms of the purely technical-focused price outlook for the week, traders are likely watching today’s price action to see if any futures and spot CEX market upside is followed by bullish flow into the March 27 equities and TradFi crypto markets open.

就本周純粹以技術為重點的價格外觀的看法，交易者可能正在觀察當今的價格行動，以查看是否有任何期貨和現貨CEX市場上漲，然後看漲3月27日的股票和Tradfi Crenpto Markets Open。

As things currently stand, a block of asks can be seen at $114,000 and $119,000 at Coinbase Pro, while bids start at $104,000 and intensify as the price draws closer to $102,000-$100,000.

目前，在Coinbase Pro上可以看到一大堆詢問的價格為114,000美元和119,000美元，而競標的起價為104,000美元，隨著價格的收入接近102,000-100,000美元。