比特幣（BTC）設置了新的歷史最高水平，反映了過去的公牛週期運行

比特幣在過去幾天的出色表現之後，在其價格動態上創造了新的地標。

Bitcoin's price hit a new all-time high on Monday, setting a historic moment for the broader crypto market. The flagship asset has shown remarkable performance in the past few days, which is believed to be aligning with the last bull cycle moves, reflecting the current trend's strength.

比特幣的價格在周一達到了新的歷史最高水平，為更廣泛的加密市場創造了歷史性的時刻。旗艦資產在過去幾天中表現出了出色的表現，據信這與最後一次牛週期的動作保持一致，這反映了當前趨勢的實力。

Bitcoin's Upswing Familiar Trend

比特幣的熟悉趨勢上升

Bitcoin's ongoing upward trend does not seem like it's coming to an end anytime soon. A recent report from Alphractal, an advanced on-chain data and investment platform, shows that the flagship asset has broken its all-time high for the third time in this cycle, reflecting the robust strength of the ongoing rally.

比特幣的持續向上趨勢似乎並沒有很快即將結束。高級鏈上數據和投資平台Alphractal的最新報告表明，旗艦資產在此週期中第三次打破了其歷史最高水平，這反映了正在進行的集會的強大力量。

According to the analytics platform, this recurring milestone has prompted fresh comparisons to the previous market cycle, in which similar breakout sequences signaled the beginning of further parabolic movements. With BTC charting a course that mirrors past bull cycle runs, it increases the possibility that the ongoing uptrend might be far from over.

根據分析平台，這個經常性的里程碑促使與先前的市場週期進行了新的比較，在該市場週期中，類似的突破序列標誌著進一步的拋物線運動的開始。隨著BTC繪製了反映過去牛週期的課程，它增加了正在進行的上升趨勢可能遠遠不夠的可能性。

Data from the Bitcoin ROI Per Cycle, a key metric that measures BTC's overall performance each cycle, reveals that the asset has increased sharply by over 600% since its low in November 2022. However, this notable growth is still significantly behind compared to past bull market runs that preceded rallies in the thousands range.

來自比特幣ROI的數據是測量BTC每個週期的總體績效的關鍵指標，該指標表明，自2022年11月的低點以來，資產的數據急劇增加了600％以上。但是，與過去在成千上萬範圍內集會之前的牛市運行相比，這種顯著的增長仍然落後了。

In the previous cycle, particularly between 2019 and 2021, BTC recorded more than 2,000% growth, whereas in the 2015- 2017 bull market cycle, the asset experienced an 8,500% rally all the way to the top.

在上一個週期中，特別是在2019年至2021年之間，BTC的增長率超過2,000％，而在2015年至2017年的牛市週期中，該資產一直在達到最高水平。

Looking at the chart, each cycle seems to have performed less than the previous ones. The trend suggests that even though Bitcoin's rally has not finished yet, it is likely to record gains lower than the last cycle.

從圖表看，每個週期的執行似乎都比以前的周期少。趨勢表明，即使比特幣的拉力賽尚未完成，它的記錄可能比上一個週期低。

In addition to the deteriorating performance, Alphractal highlighted that the flagship asset has never before reached a new all-time high after several months of separation throughout a single bull cycle. This marks a noticeable shift in its dynamics as the market grows more complex and necessitates the use of robust metrics and intelligent data to comprehend and predict new developments.

除了表現惡化之外，字形強調，旗艦資產在整個單個牛週期內分離了幾個月後，從未達到新的歷史最高水平。這標誌著它的動態發生了明顯的轉變，因為市場變得更加複雜，因此需要使用強大的指標和智能數據來理解和預測新的發展。

No Sign Of Profit-Taking In The Current Surge

當前激增沒有獲利的跡象

While BTC has risen sharply to new all-time highs, selling pressure has greatly reduced as investors choose to hold on to their coins, capitalizing on the ongoing rally. Glassnode, a leading on-chain analytics platform, reported a massive drop in profit-taking amid strong spikes, reflecting growing conviction in the asset's short-term prospects and a continued uptrend.

儘管BTC急劇升至新的歷史高潮，但由於投資者選擇堅持硬幣，利用正在進行的集會，銷售壓力大大降低了。領先的鏈上分析平台GlassNode報告說，在強勁的峰值中，獲利的幅度大大下降，這反映了資產的短期前景的信念日益增加，並且繼續上升。

After hitting a new all-time high, the total profit-taking volume dropped to approximately $1 billion. Interestingly, this volume is less than half the amount realized when BTC initially reached $100,000 last December, which was $2.1 billion. Glassnode noted that the profit realization was much more subdued despite a higher price.

在達到新的歷史最高水平之後，總利潤量下降到約10億美元。有趣的是，這一卷不到去年12月BTC最初達到100,000美元的一半，即21億美元。 GlassNode指出，儘管價格較高，但實現利潤的實現仍更加柔和。