比特幣市場隨著開放興趣和鯨魚活動激增而加熱

來自市場情報平台的新數據Alpharactal揭示了比特幣開放興趣和鯨魚位置情緒的顯著增長，突出了BTC交易超過100,000美元的發展機構活動的增長，並增加了交易者的參與度。

output: Fresh data from market intelligence platform Alpharactal sheds light on a significant uptick in both Bitcoin open interest and whale position sentiment. This analysis highlights growing institutional activity and increased trader engagement as BTC trades above $100,000.

輸出：市場情報平台的新數據字段闡明了比特幣開放式興趣和鯨魚位置情緒的顯著增長。該分析強調了不斷增長的機構活動，並增加了交易者參與度，因為BTC交易超過100,000美元。

First Chart: Open Interest Signals Growing Market Participation

第一圖：開放興趣信號不斷增長的市場參與

Alpharactal's analysis showcases a surge in Bitcoin's open interest—the total value of active futures and options contracts—which is quickly approaching its 2021 all-time high. This measure of market participation is heating up alongside the price action, which could indicate traders are placing bigger bets on continued upside.

Alpharactal的分析表明，比特幣的開放興趣（活躍期貨和期權合約的總價值）迅速接近其2021年曆史最高水平。這種市場參與度的衡量標準正在與價格行動並肩作用一起加熱，這可能表明交易者正在持續上漲更大的賭注。

The correlation between open interest and price is a key factor used by traders to gauge the strength of trends. In this case, we can see that open interest is largely following the price action as Bitcoin climbs to new yearly highs. This broad increase across major exchanges signals a wider wave of capital entering the market.

開放興趣與價格之間的相關性是交易者用來評估趨勢強度的關鍵因素。在這種情況下，我們可以看到，隨著比特幣攀升至每年的新高點，開放的興趣主要是遵循的。整個主要交易所的這種廣泛增長表明，進入市場的資本浪潮更大。

Second Chart: Whale Sentiment Confirms Institutional Demand

第二圖：鯨魚情緒確認機構需求

The second chart focuses on a technical indicator called “whale position sentiment.” This index, developed by Alpharactal, measures the behavior of large Bitcoin holders, known as whales. Changes in this sentiment can be a valuable factor in technical analysis, especially when considering how it relates to broader market trends.

第二個圖表著重於稱為“鯨魚位置情緒”的技術指標。該指數由Alpharactal開發，測量了大型比特幣持有人的行為，稱為鯨魚。這種情感的變化可能是技術分析的寶貴因素，尤其是在考慮與更廣泛的市場趨勢之間的關係時。

According to Alpharactal's analysis, increases in this sentiment index have historically been observed to precede price rallies, suggesting that whales might be accumulating BTC before retail traders follow in the accumulation phase.

根據Alpharactal的分析，歷史上觀察到這種情感指數的增加是在價格集會之前的，這表明鯨魚可能在零售交易者遵循累積階段之前積累了BTC。

Recently, a slight pullback in whale position sentiment has been noted, which follows a period of sustained build-up. This wave of accumulation by large institutions and/or firms could be a key factor contributing to the latest breakout above $100K.

最近，注意到鯨魚位置情緒的略有回調，這是一段持續的積累。大型機構和/或公司的積累浪潮可能是導致$ 10萬美元以上最新突破的關鍵因素。

Together, these two indicators suggest that Bitcoin's current price action is being fueled less by speculative retail frenzy and more by sustained institutional demand and strategic accumulation.

這兩個指標共同表明，通過投機性零售瘋狂，比特幣的當前價格行動更少，而持續的機構需求和戰略積累則更多。

With volatility returning and market structure strengthening, eyes will now be on whether this institutional momentum can carry Bitcoin toward new all-time highs in the second half of 2024.

隨著波動率的回歸和市場結構的加強，現在將注視著這種機構勢頭是否可以在2024年下半年將比特幣帶到新的歷史最高點。