比特幣進入關鍵週，分析師的眼睛突破到$ 120K

比特幣正進入一個至關重要的一周，因為價格動作徘徊在歷史高潮附近，分析師預測突破可能會使BTC飆升至120,000美元。

Bitcoin (BTC) is showing no signs of slowing down as it continues to push toward a breakout above its all-time high near $112,000.

比特幣（BTC）沒有顯示出放慢速度的跡象，因為它繼續朝著超過其歷史最高高的$ 112,000的突破邁進。

This week, on-chain data from CryptoQuant reveals that the unrealized profit indicator for Short-Term Holders (1 to 3 months) currently sits at 27%. This metric helps gauge how much profit short-term investors are sitting on, and it has provided key signals during major market moves.

本週，來自加密素養的鍊鍊數據表明，目前的短期持有人（1至3個月）的未實現的利潤指標為27％。該指標有助於衡量短期投資者坐著多少利潤，並且在主要市場轉移期間提供了主要信號。

Over the past four years, when this indicator surpassed 40%, it often triggered a wave of selling from this cohort, leading to increased downward pressure on the BTC price. However, with the metric still well below that critical threshold, the market may have room to climb before short-term holders begin locking in profits at scale.

在過去的四年中，當該指標超過40％時，它通常會引發該隊列的銷售浪潮，從而導致BTC價格下降壓力增加。但是，隨著該指標仍低於該關鍵閾值，在短期持有人開始大規模鎖定利潤之前，市場可能有攀爬的空間。

Bitcoin Enters Pivotal Week As Analysts Eye Breakout Toward $120K

比特幣進入關鍵週，分析師的眼睛突破到$ 120K

Bitcoin is heading into a crucial week with price action hovering close to all-time highs and analysts forecasting a breakout that could send BTC soaring to $120K.

比特幣正進入一個關鍵的一周，價格動作徘徊在歷史最高時分附近，分析師預測了可能使BTC飆升至12萬美元的突破。

After weeks of steady gains and bullish consolidation above the $108K level, momentum is building. The market is increasingly confident that a clean push above the $112K resistance could unlock the next leg of the cycle.

經過數週的穩定增長並看漲了超過108K $ 108K的合併，動力正在建立。市場越來越有信心，即清晰的推動力超過$ 112K的電阻可以解鎖該週期的下一個工作。

This comes as global markets face heightened uncertainty. With persistent macroeconomic instability, rising geopolitical tensions, and diverging monetary policy expectations, Bitcoin appears to be thriving in volatility. Its non-sovereign, digital nature continues to attract capital during times of financial stress, acting as both a hedge and a high-beta growth asset.

這是全球市場面臨的不確定性增長。隨著宏觀經濟不穩定，地緣政治緊張局勢的上升和貨幣政策的不同，比特幣似乎在波動中蓬勃發展。在財務壓力時期，它的非主導，數字性質繼續吸引資本，既是對沖和高β增長資產。

Top analyst Axel Adler shared compelling on-chain data highlighting where the market currently stands. According to CryptoQuant, the Net Unrealized Profit/Loss (NUPL) for Short-Term Holders is now at 27%.

頂級分析師阿克塞爾·阿德勒（Axel Adler）共享了令人信服的鏈上數據，突出了市場目前所在的位置。據隱性股份稱，短期持有人的淨未實現的盈利/損失（NUPL）現在為27％。

Historically, this cohort begins taking profits once the metric crosses 40%, usually setting off a period of increased sell pressure and setting up temporary market tops.

從歷史上看，一旦公制越過40％，該隊列就開始獲取利潤，通常會增加銷售壓力增加並設定臨時市場頂部。

Adler’s forecast assumes a steady increase of 0.818 percentage points per day, putting the 40% threshold roughly 16 days away—on or around June 11, 2025. At that point, BTC could be trading close to $162K if the trend continues.

阿德勒（Adler）的預測假設每天穩定上升0.818個百分點，將40％的閾值距離約16天（2025年6月11日左右）。那時，如果趨勢持續下去，BTC的交易可能接近162K。

He cautions that the forecast is based on linear extrapolation and does not account for potential market shocks, “black swan” events, or political headlines, such as a sudden policy shift or viral tweet from US President Donald Trump.

他警告說，預測是基於線性外推基於的，並不能說明潛在的市場衝擊，“黑天鵝”事件或政治頭條新聞，例如突然的政策轉變或美國總統唐納德·特朗普的推文。

Bulls Defend Post-Breakout Levels

公牛捍衛破裂後水平

Bitcoin is trading at $109,844 and holding strong above the key breakout zone after reaching a new all-time high near $112K.

比特幣的交易價格為109,844美元，在達到112K $ 112K的新歷史最高水平之後，比特幣的交易量高於關鍵突破區。

The daily chart shows BTC maintaining a bullish structure, with price well above the 34 EMA ($101,469) and all major moving averages. The $103,600 level, marked in yellow, served as long-term resistance earlier in the cycle and has now flipped into support—a textbook breakout-retest structure.

每日圖表顯示BTC保持看漲結構，價格遠高於34 EMA（101,469美元），並且所有主要的移動平均值。售價為103,600美元，標記為黃色，在周期較早之前作為長期阻力，現在已轉向支持 - 這是一種教科書重新測試結構。

Volume has remained relatively steady during this consolidation, and the recent candles suggest healthy digestion of gains rather than exhaustion. BTC continues to print higher lows, signaling that buyers are stepping in on each pullback. As long as the price remains above the $103K-$105K region, the broader trend remains intact.

在此合併期間，體積保持相對穩定，最近的蠟燭表明對收益的健康消化而不是精疲力盡。 BTC繼續打印出更高的低點，表明買家正在介入每個回調。只要價格保持在10.3萬美元至$ 105K的地區，更廣泛的趨勢仍然完好無損。

The next critical resistance lies just above $112K. A daily close above this level would likely confirm continuation and open the door to the $120K-$125K range. Momentum is still on the bulls’ side, and the structure points to a market preparing for further upside.

下一個關鍵阻力位於$ 112K以上。每天關閉此水平的每日關閉可能會確認繼續並打開12萬美元至125K $ 125K的大門。動力仍在公牛隊的一邊，結構指向市場為進一步的上升空間做準備。