比特幣（BTC）看到了散戶投資者的新興趣

比特幣正在散戶投資者重新進入市場的新興趣浪潮。通過鏈上數據對此收益進行了跟踪，該數據顯示，持有價值不到10,000美元的比特幣的用戶的錢包活動穩定增加。

Retail investors are returning to the crypto market, bringing with them a renewed interest in Bitcoin (BTC).

散戶投資者正在重返加密貨幣市場，並帶來了對比特幣（BTC）的新興趣。

This return is being observed through on-chain data, which is showing an increase in wallet activity from users who typically hold less than $10,000 in their crypto wallets. Such a pattern usually signifies rising confidence, which can push prices higher if the momentum sustains.

通過鏈上數據觀察到了這一回報，這表明用戶的錢包活動的增加，這些用戶通常持有少於10,000美元的加密錢包。這種模式通常表示信心的上升，如果勢頭持續發展，這可能會提高價格。

A post from CryptoQuant analyst Carmelo Aleman highlights this return, detailing a growing trend of smaller investors rejoining the market. Unlike institutional traders, who are usually better at timing the market, retail participants often serve as an early sign of shifting sentiment.

加密分析師Carmelo Aleman的一篇文章強調了這一回報，詳細介紹了較小的投資者重新加入市場的趨勢。與通常更好地定時市場的機構交易者不同，零售參與者通常是轉移情感的早期跡象。

Aleman explains that their presence usually sparks stronger narratives, which in turn attracts even more buying interest, creating a feedback loop.

阿萊曼（Aleman）解釋說，他們的存在通常會引發更強的敘事，從而引起更多的購買興趣，從而產生了反饋循環。

Since April 28, a specific on-chain metric called the BTC: Retail Investor 30-Day Change has shown a 3.4% increase in small investor activity. This number, which covers data through May 13, suggests a strong uptick in confidence from casual participants.

自4月28日以來，一個名為BTC：零售投資者30天變化的特定鍊鍊指標顯示，小型投資者活動增長了3.4％。這個數字涵蓋了5月13日的數據，這表明休閒參與者的信心強烈提升。

Aleman believes this shift could have an impact on other crypto sectors. If the upward movement continues, these smaller investors may begin allocating funds into areas like decentralized finance (DeFi), staking, and futures.

阿爾曼認為，這種轉變可能會對其他加密貨幣部門產生影響。如果向上移動繼續進行，這些較小的投資者可能會開始將資金分配給分散融資（DEFI），Staking和Futures等領域。

“This could benefit the entire crypto space, as small investors are likely to diversify into other projects, including DeFi, staking, futures, and other instruments,” he adds.

他補充說：“這可能會使整個加密貨幣領域受益，因為小型投資者可能會多元化到其他項目，包括Defi，Staking，Futures和其他工具。”

Aleman also suggests watching additional signals like new wallet addresses, transfer volumes, and UTXO counts, as these typically rise alongside retail investor activity and could confirm a broader market trend.

Aleman還建議觀看其他信號，例如新的錢包地址，轉移量和UTXO計數，因為這些信號通常會隨著零售投資者的活動而上升，並且可以證實更廣泛的市場趨勢。

In parallel, another analyst from CryptoQuant, known as Avocado Onchain, focused on a different metric called Binary Coin Days Destroyed, or Binary CDD. This tool measures when older, unused Bitcoin is moved. An increase in Binary CDD usually indicates that long-term holders are beginning to take action—either selling or adjusting their positions in response to price changes.

同時，另一位來自加密量的分析師（稱為鱷梨onChain），重點介紹了一個稱為二進制硬幣日的不同度量，被摧毀或二進制CDD。當較舊的未使用比特幣移動時，該工具可以測量。二進制CDD的增加通常表明長期持有人開始採取行動 - 銷售或調整其對價格變化的立場。

In previous market peaks, like late 2021 and again in March and December 2024, the Binary CDD crossed the 0.8 mark. That level typically signals a point where older holders begin to offload some of their coins.

在以前的市場峰值中，例如2021年底以及在2024年3月和12月的3月，二進制CDD越過0.8馬克。該級別通常標誌著年長者開始卸載一些硬幣的點。

Currently, the Binary CDD is rising again and stands at 0.6.6. If it crosses the 0.8 mark, it may signify a period of profit-taking, especially from those who have held long-term positions.

目前，二進制CDD再次上升，為0.6.6。如果超過0.8大關，則可能表示一段盈利時期，尤其是從擔任長期職位的人。

However, instead of suggesting an immediate sell-off, the indicator could also show that major investors are adjusting their holdings as the market shifts.

但是，該指標沒有立即拋售，而是可以表明，隨著市場的轉變，主要投資者正在調整其持股量。

At the moment, Bitcoin is trading at $102,226. Over the last 24 hours, the price dropped 1.46%, but it’s still up 2.59% over the past week. With both retail buying and long-term investors adjusting their positions, the market appears to be approaching a moment where new directions may form.

目前，比特幣的交易價格為102,226美元。在過去的24小時內，價格下跌了1.46％，但在過去一周中仍然增長了2.59％。隨著零售購買和長期投資者調整頭寸的調整，市場似乎正在接近可能形成新方向的時刻。