比特幣（BTC）恢復遇到了阻力，因為資產範圍內的範圍在93,000美元至97,000美元之間。

比特幣最近的恢復遇到了阻力，因為資產仍然存在於93,000美元至97,000美元之間。在上個月末短暫攀登之後

Bitcoin’s recent recovery attempt has hit a snag as the asset remains in a tight range between $93,000 and $97,000.

比特幣最近的恢復嘗試遇到了障礙，因為該資產的範圍保持在93,000美元至97,000美元之間。

After briefly making a run above the $97K zone late last month, the flagship cryptocurrency has struggled to maintain upward momentum.

在上個月末短暫地超過了$ 97K的區域之後，旗艦加密貨幣一直在努力保持向上的勢頭。

At the time of writing, BTC is trading at around $94,305, showing a minor 1.3% decrease over the past 24 hours.

在撰寫本文時，BTC的交易價格約為94,305美元，在過去24小時內下降了1.3％。

While price action has slowed down, activity on the backend of the market suggests underlying shifts in investor behavior.

儘管價格行動放慢了，但市場的活動表明投資者行為的基本轉變。

New on-chain data points to a significant decrease in Bitcoin reserves held on Binance, the world’s largest cryptocurrency exchange by trading volume.

新的鍊鍊數據指出，通過交易量通過交易量進行的Binance（全球最大的加密貨幣交易所交換）的比特幣儲量顯著下降。

One of CryptoQuant’s contributors, Amr Taha, highlighted this development in a recent QuickTake post, signaling that over 51,000 BTC have been withdrawn from Binance wallets since mid-April.

CryptoQuant的貢獻者之一AMR TAHA在最近的《 QuickTake》帖子中強調了這一發展，這表明自4月中旬以來，Binance錢包已從Binance錢包中撤出了超過51,000 BTC。

This drop from around 595,000 BTC to around 544,500 BTC could indicate a recalibration in investor strategy, with growing interest in long-term holding or redeployment of assets outside centralized platforms.

從約595,000 BTC下降到約544,500 BTC可能表明投資者戰略進行了重新校準，對在集中式平台以外的長期持有或重新部署資產的興趣日益增加。

What’s Driving the Bitcoin Outflows from Binance?

是什麼驅動比特幣流出的二線？

According to Taha, several factors may be contributing to this steep decline in exchange-held reserves. One explanation involves institutional investors and long-term holders transferring their Bitcoin into cold storage.

據塔哈（Taha）稱，在交換儲量中的這種急劇下降可能會導致幾個因素。一種解釋涉及機構投資者和長期持有人將其比特幣轉移到冷藏中。

This off-exchange behavior is typically seen as a signal of longer-term conviction, as these participants aim to secure their assets and reduce the likelihood of short-term selling.

這種不交流行為通常被視為長期定罪的信號，因為這些參與者的目標是確保其資產並減少短期銷售的可能性。

With the rise of custodial solutions and more institutional-grade wallets, this trend may reflect a natural evolution in market behavior.

隨著託管解決方案的興起和更多的機構錢包，這種趨勢可能反映出市場行為的自然發展。

Another key factor could be the increasing use of Bitcoin within decentralized finance (DeFi) and cross-platform arbitrage strategies.

另一個關鍵因素可能是在分散的財務（FAFI）和跨平台套利策略中越來越多地使用比特幣。

According to Taha, entities may be withdrawing BTC to gain access to yield opportunities or deploy capital in other blockchain ecosystems.

據塔哈（Taha）稱，實體可能正在撤回BTC以獲取機會或在其他區塊鏈生態系統中部署資本。

Additionally, the recent positive flows into Bitcoin spot exchange-traded funds (ETFs), especially between April 21 and May 1, saw daily net inflows exceed the $2 billion mark on several occasions. This may have encouraged larger players to accumulate and withdraw Bitcoin in anticipation of further price appreciation.

此外，最近的正流向比特幣現貨交易所貿易資金（ETF），尤其是在4月21日至5月1日之間，每天的淨流入量超過了20億美元。這可能鼓勵大型玩家在預期進一步的價格欣賞時積累和提取比特幣。

Exchange Reserve Trends Offer Signals Amid Price Consolidation

交易儲備趨勢在價格合併中提供信號

Although Bitcoin’s price has remained largely stagnant for the past week, the shift in exchange reserve data could have broader implications for future price action.

儘管在過去一周中，比特幣的價格在很大程度上停滯不前，但交易儲備數據的轉變可能對未來的價格行動具有更大的影響。

Typically, a decrease in exchange reserves, especially from major platforms, is linked to a tightening of supply. As fewer coins are readily available for immediate sale, reduced liquidity can amplify the impact of incoming demand, particularly during bullish phases.

通常，交換儲量的減少，尤其是從主要平台上的減少與供應的收緊有關。由於很少有硬幣可立即出售，因此降低的流動性可以擴大進出需求的影響，尤其是在看漲階段。

According to Taha:

根據塔哈的說法：

Tracking reserve movements, especially when they deviate significantly from typical patterns, can offer valuable insights into institutional behavior and liquidity dynamics, both of which are crucial for sustained price trends.

跟踪儲備運動，尤其是當它們顯著偏離典型模式時，可以為機構行為和流動性動態提供寶貴的見解，這對於持續價格趨勢至關重要。

A consistent drawdown of BTC from exchange platforms often sets the stage for renewed price movement, especially when combined with institutional accumulation and long-term holding behavior.

來自交換平台的BTC始終如一地逐漸減少，通常為新的價格轉移奠定了基礎，尤其是在與機構積累和長期持有行為結合在一起時。

If these patterns persist, they may contribute to reduced sell-side pressure, allowing Bitcoin to challenge its next resistance zones, such as the psychological $100,000 level.

如果這些模式持續存在，它們可能會導致賣方壓力減輕，從而使比特幣挑戰其下一個阻力區，例如心理$ 100,000。