比特幣的$ 120K籃板：公牛可以重新控制控制嗎？

比特幣的眼睛可能反彈至$ 120K，因為鏈度指標閃爍看漲信號。續簽機構利益會加劇下一個激增嗎？

Hold onto your hats, crypto enthusiasts! After a bumpy ride, Bitcoin is showing signs of a potential comeback, eyeing that coveted $120K mark. Let's dive into what's fueling this optimism.

抓住您的帽子，加密愛好者！經過顛簸之後，比特幣表現出潛在復出的跡象，這是令人垂涎的$ 120K大關。讓我們深入了解這種樂觀的助長。

Is Bitcoin Primed for a Rebound?

比特幣是為籃板準備的嗎？

Recent corrections might be setting the stage for a significant market shift. According to Alphractal, Bitcoin's Buy/Sell Pressure Delta has entered an "opportunity zone," suggesting that buyers are gearing up to step in at current price levels. This shift in sentiment, after weeks of selling pressure, could be the catalyst for a short-term bullish trend.

最近的更正可能是為重大市場轉變奠定基礎。根據Alphractal的說法，比特幣的買入壓力達美（Delta）進入了一個“機會區”，這表明買家正準備以當前價格水平介入。經過數週的銷售壓力，這種情緒轉變可能是短期看漲趨勢的催化劑。

On-Chain Signals Pointing Upward

指向上向上的鏈信號

CryptoQuant's on-chain data reinforces this bullish outlook. A sharp drop in the number of sending addresses—wallets moving BTC out, often for selling—indicates a decrease in immediate sell pressure. Fewer holders looking to offload their coins? That's music to the ears of Bitcoin bulls!

加密的鍊鍊數據增強了這種看漲的前景。發送地址的數量急劇下降（WALLETERS將BTC移出，通常用於銷售），這表明立即銷售壓力減少。希望卸載硬幣的持有人更少？那是比特幣公牛耳朵的音樂！

U.S. Demand: The Key to the Kingdom?

美國需求：王國的關鍵？

The Coinbase Premium Index is also flashing green, showing a surge in U.S.-based investors. This rising premium suggests renewed institutional or high-volume interest, potentially driving Bitcoin's rebound. Stronger demand from the U.S. could be the key to unlocking that $120K target.

Coinbase Premium指數也正在閃爍綠色，顯示了美國投資者的激增。這種上升的溢價表明，重新獲得了機構或大批興趣，這可能會推動比特幣的反彈。美國的需求強勁可能是解鎖該12萬美元目標的關鍵。

A Word of Caution: ETF Flows and Market Volatility

注意：ETF流動和市場波動

While the on-chain metrics paint a promising picture, it's important to acknowledge the broader market context. Last week, spot Bitcoin and Ethereum ETFs in the U.S. experienced significant outflows, shedding over $1.7 billion. This shift reflects growing macroeconomic uncertainty and a defensive stance among institutional investors.

雖然鏈上指標描繪了有希望的圖片，但要承認更廣泛的市場環境很重要。上週，美國的現場比特幣和以太坊ETF經歷了大量流出，損失了超過17億美元。這種轉變反映了宏觀經濟不確定性的日益增長和機構投資者的防禦立場。

Persistent inflation concerns, slowing global growth, and uncertainty around U.S. monetary policy have all contributed to reduced appetite for volatile assets like Bitcoin. Investors are also diversifying into alternative tokens, drawing capital away from Bitcoin and Ethereum funds.

持續的通貨膨脹問題，減緩全球增長以及美國貨幣政策周圍的不確定性都導致對比特幣等波動性資產的需求減少。投資者還在多元化的代幣中多元化，使資本脫離比特幣和以太坊基金。

My Take: A Cautiously Optimistic Outlook

我的看法：謹慎樂觀的前景

While the ETF outflows and market volatility are cause for caution, the positive on-chain signals and renewed U.S. demand suggest that Bitcoin has the potential to rebound. If the Buy/Sell Pressure Delta holds its course and on-chain activity continues to reflect easing sell pressure, a move back to $120K is within reach.

儘管ETF流出和市場波動是引起謹慎的原因，但積極的鍊鍊信號和續簽了美國的需求表明，比特幣有可能反彈。如果Delta的買入壓力持有其路線，並且鏈上的活動繼續反映出緩解賣出壓力，則可以搬回12萬美元。

However, it's crucial to remember that the crypto market is notoriously unpredictable. External factors, such as regulatory developments and macroeconomic events, can significantly impact Bitcoin's price. Invest wisely, do your research, and never put in more than you can afford to lose.

但是，要記住加密市場是不可預測的。外部因素，例如監管發展和宏觀經濟事件，可能會嚴重影響比特幣的價格。明智地投資，做您的研究，再也沒有投入超出您負擔得起的損失。

The Bottom Line

底線

Bitcoin's at a critical juncture. Bulls are looking to regain control, and on-chain data provides a glimmer of hope for a rebound to $120K. But with market volatility and shifting investor sentiment, it's gonna be a wild ride. So buckle up, keep your eyes on the charts, and remember: in the world of crypto, anything is possible!

比特幣處於關鍵時刻。公牛隊正在尋求重新獲得控制權，並且鏈上的數據為反彈至12萬美元提供了一線希望。但是，隨著市場的波動和不斷變化的投資者的情緒，這將是一次瘋狂的旅程。因此，搭扣，將目光投向圖表，並記住：在加密貨幣世界中，一切皆有可能！