比特幣崩潰手錶：玻璃節信號潛在的冷卻階段

比特幣是否要進行更深入的更正？玻璃節數據表明，長期持有人正在獲取利潤，ETF流入也減慢了。冷卻階段可能在前面。

Bitcoin Crash Watch: Glassnode Signals Potential Cooling Phase

比特幣崩潰手錶：玻璃節信號潛在的冷卻階段

Bitcoin investors, buckle up! The crypto rollercoaster might be heading for a dip. According to Glassnode, long-term holders are realizing profits, and ETF inflows have cooled, signaling a potential “exhaustion” in the market. Is a Bitcoin crash on the horizon?

比特幣投資者，係好！加密過山車可能正在傾斜。根據GlassNode的說法，長期持有人正在實現利潤，ETF流入已經冷卻，表明市場上潛在的“疲憊”。比特幣崩潰了嗎？

Glassnode's Bearish Signals

玻璃節的看跌信號

Glassnode's on-chain analysis indicates that cumulative realized long-term holder profit-taking has reached levels seen in previous market cycle tops. They reported that long-term holders realized 3.4 million Bitcoin in profit. The realized profit/loss ratio shows profit-taking has exceeded 90% of coins moved three separate times this cycle. Historically, these peaks have marked major cycle tops.

GlassNode的鍊鍊分析表明，累積實現的長期持有人的盈利率已經達到了以前的市場週期頂部的水平。他們報告說，長期持有人實現了340萬比特幣的利潤。實現的利潤/損失率表明，在本週期中，利潤收益超過了90％的硬幣移動三倍。從歷史上看，這些峰標誌著主要​​循環頂部。

Adding fuel to the fire, inflows into Bitcoin spot ETFs have slowed after a strong September. While overall accumulation remains intact, the slowdown suggests a pause in institutional demand.

在強勁的9月之後，向大火增加了燃料，進入比特幣現場ETF的流入減慢了。儘管總體積累保持完整，但放緩表明機構需求會停止。

Potential Downside Risks

潛在的下行風險

Bitcoin has already fallen below key support levels, hitting a four-week low. Some analysts suggest that if Bitcoin fails to reclaim a certain price point (around $115,000), the risk of deeper cooling remains high. Spent Output Profit Ratio (SOPR) is showing concerning behavior as some Bitcoin holders are beginning to sell at a loss, which historically marks significant market stress.

比特幣已經低於關鍵支撐水平，達到了四周的低點。一些分析師認為，如果比特幣未能收回一定的價格點（約合115,000美元），則更深冷卻的風險仍然很高。支出的產出利潤率（SOPR）表現出有關行為的表現，因為一些比特幣持有人開始以虧損出售，這在歷史上標誌著巨大的市場壓力。

XRP's Woes: A Cautionary Tale?

XRP的困境：一個警示性的故事？

While we're talking crypto jitters, let's peek at XRP. It slipped below key support levels, and despite ETF approval, broader macroeconomic headwinds are weighing it down. This illustrates how even positive news can be overshadowed by market uncertainty.

當我們談論加密貨幣時，讓我們窺視XRP。它滑到了關鍵支持水平以下，儘管ETF批准了，但更廣泛的宏觀經濟逆風正在降低它。這說明了市場不確定性如何掩蓋甚至積極的消息。

A Silver Lining: Passive Income Opportunities

一線希望：被動收入機會

Despite the potential for market corrections, some see opportunity. The rise of cloud mining platforms like BAY Miner, which allow users to generate passive income from their crypto holdings, is an interesting trend. It provides a “dividend-like” reward to buffer against volatility. It’s a way to earn while you HODL, even if the market dips.

儘管有可能進行市場糾正，但有些人會看到機會。像Bay Miner這樣的雲採礦平台的興起，允許用戶從其加密貨幣持有量產生被動收入，這是一個有趣的趨勢。它為緩衝區提供了“股息般”獎勵，以防止波動。即使市場下降，這是一種賺錢的方式。

The Bottom Line: Proceed with Caution (and Maybe a Smile)

底線：謹慎行事（也許是微笑）

The data suggests a potential cooling phase for Bitcoin. While nobody can predict the future, staying informed and diversified is always a smart move. And hey, if things get bumpy, at least you can explore passive income streams while you wait for the market to rebound. After all, even in a crypto winter, there's always sunshine somewhere!

數據表明比特幣的潛在冷卻階段。雖然沒有人能預測未來，但保持知情和多元化始終是一個明智的舉動。嘿，如果事情變得顛簸，至少您可以在等待市場反彈時探索被動收入流。畢竟，即使在加密冬季，也總是有陽光！