比特幣標誌著比特幣披薩日的新歷史最高點111,861美元

比特幣在比特幣披薩日的歷史新高111,861美元中標記為111,861美元，但除了標題之外，數據表明，這次集會仍在蒸蒸日上，而不是冷靜下來。

Bitcoin hit a new all-time high of $111,861 on Bitcoin Pizza Day, but beyond the headline, data suggests this rally is still gaining steam — not cooling off.

比特幣在比特幣披薩日的新歷史最高點數$ 111,861，但除了標題之外，數據表明，這次集會仍在蒸蒸日上，而不是冷靜下來。

Trading volume has nearly doubled in recent days, but market indicators remain steady. Funding rates, which typically spike during overheated conditions, are relatively low. This suggests eBitcoin hit a new all-time high of $111,861 on Bitcoin Pizza Day, but beyond the headline, data suggests this rally is still gaining steam — not cooling off.

最近幾天的交易量幾乎翻了一番，但市場指標保持穩定。通常在過熱條件下通常峰值的資金率相對較低。這表明Ebitcoin在比特幣比薩餅的歷史上達到了111,861美元的新高點，但除了標題之外，數據表明，這次集會仍在增加，而不是冷靜下來。

Trading volume has nearly doubled in recent days, but market indicators remain steady. Funding rates, which typically spike during overheated conditions, are relatively low. This suggests emerging from overheated conditions and capital is entering the market in a disciplined manner.

最近幾天的交易量幾乎翻了一番，但市場指標保持穩定。通常在過熱條件下通常峰值的資金率相對較低。這表明從過熱的條件中出現，資本以紀律處分的方式進入市場。

Short-term capital flow — a measure of speculative trading — remains low despite the price surge. This indicates that the current momentum isn’t driven by traders rapidly chasing profits and pivoting their positions quickly.

短期資本流量（用於投機交易的衡量標準）仍然很低。這表明當前的勢頭並非由交易者迅速追逐利潤並迅速旋轉其頭寸。

Meanwhile, large holders are showing patience, with profit-taking significantly lower than in previous rallies.

同時，大型持有人表現出耐心，利潤率明顯低於以前的集會。

SEE ALSO: Bitcoin’s Climb Above $100K Looks Different This Time — Here’s Why

另請參閱：這次比特幣的攀爬超過$ 10萬美元，這就是為什麼

Institutional interest continues to climb as well. Spot Bitcoin ETFs have reached record-high holdings, underscoring a shift in how major investors view BTC—as a long-term asset rather than a speculative play. This sustained demand from institutions adds structural support to the price and lessens the likelihood of a rapid correction.

機構利益也在繼續攀升。現貨比特幣ETF達到了創紀錄的持股量，強調了主要投資者將BTC視為長期資產而不是投機性遊戲的轉變。機構的持續需求為價格增加了結構性支持，並降低了快速糾正的可能性。

With technicals remaining stable, investor behavior calm, and new capital entering the market, Bitcoin may still be in the early stages of a larger breakout. The interplay of disciplined positioning and increasing demand could propel BTC to new highs in the coming weeks.

由於技術保持穩定，投資者的行為平靜以及進入市場的新資本，比特幣可能仍處於較大突破的早期階段。在未來幾週內，紀律定位和需求增加的相互作用可能會使BTC提升到新的高點。