比特幣礦工正在為延長集會做準備嗎？

有趣的是，自2024年第四次減半以來，比特幣礦工已經變得越來越反動，他似乎也對BTC的價格有了信心。

After touching a three-month high of $103,800 on Friday, May 9, the price of Bitcoin had a slow start to the weekend before resuming its run toward $014,000. While the premier cryptocurrency continues to hold above the $100,000 mark, market participants appear to trust the coin to make a play for fresh highs over the coming weeks.

在5月9日（星期五）觸及了三個月高點103,800美元的高點之後，比特幣的價格在周末開始時的起步較慢，然後恢復了$ 014,000。儘管總理加密貨幣持續超過100,000美元的成績，但市場參與者似乎相信硬幣可以在接下來的幾週內為新鮮高點發揮作用。

Interestingly, the Bitcoin miners, who have become increasingly reactionary since the fourth halving in 2024, seem to also have renewed confidence in the price of BTC. The latest on-chain data shows that the miners have been holding onto their assets in recent weeks, coinciding with the coin’s latest price rally.

有趣的是，自2024年第四次減半以來，比特幣礦工已經變得越來越反動，他似乎也對BTC的價格有了信心。最新的鍊鍊數據表明，礦工在最近幾週內一直持有其資產，這與硬幣的最新價格集會相吻合。

Are Bitcoin Miners Preparing For An Extended Rally?

比特幣礦工正在為延長集會做準備嗎？

In a May 10 post on X, crypto analytics platform Alphractal revealed that Bitcoin miners are becoming less active in the market, accumulating their mining rewards rather than selling them for profit. The relevant indicator here is the Miner Sell Pressure metric, which measures the selling strength of Bitcoin miners over a given period.

在5月10日在X上的帖子中，Crypto Analytics平台Alphractal透露，比特幣礦工在市場上變得越來越活躍，積累了他們的採礦獎勵，而不是為了利潤而出售它們。這裡的相關指標是礦工出售壓力指標，該指標衡量了給定時期比特幣礦工的銷售強度。

This metric compares the total BTC outflows from miners over the past 30 days with the average amount of coins in their reserves within the same period. The Miner Sell Pressure indicator provides valuable insight into the behavior and sentiment of a relevant group of network participants.

該指標將過去30天的礦工的總BTC流出與同期儲量中的平均硬幣數量進行了比較。礦工出售壓力指標可對相關網絡參與者組的行為和情感提供寶貴的見解。

In the highlighted chart, the red color represents high selling pressure amongst these Bitcoin miners and is often correlated with a sluggish market condition. The green color, on the other hand, reflects a low miner sell pressure, which could be a positive sign for the price of Bitcoin.

在突出顯示的圖表中，紅色代表了這些比特幣礦工之間的高銷售壓力，並且通常與低迷的市場狀況相關。另一方面，綠色反映了礦工銷售壓力低，這可能是比特幣價格的積極跡象。

This chart shows the relative strength of the selling pressure from Bitcoin miners over the past 30 days compared to the average amount of coins held by miners in the same period.

該圖表顯示了過去30天比特幣礦工的銷售壓力相對強度，而礦工在同一時期的平均硬幣數量。

The Miner Sell Pressure indicator enters the red territory when the Miner Pressure moving average (blue line) crosses above the upper band (red line), signaling intense bearish pressure from miners. Meanwhile, the Miner Pressure line crosses beneath the lower band (green line), suggesting low selling pressure from miners.

當礦工壓力移動平均值（藍線）交叉上方（紅線）時，礦工出售壓力指示器進入紅色區域，這是礦工的信號強烈的看跌壓力。同時，礦工壓力線越過下部帶（綠線），這表明礦工的銷售壓力低。

According to data provided by Alphractal, the Miner Pressure line recently crossed beneath the lower band, suggesting that the network miners have been holding on to their coins in recent weeks. The on-chain analytics firm added that this metric is at its lowest level since 2024, as miners seem to be waiting for the Bitcoin price to claim fresh highs.

根據Alphractal提供的數據，礦工壓力線最近越過下部頻帶下方，這表明網絡礦工最近幾週一直堅持其硬幣。這家鍊鍊分析公司補充說，該指標處於自2024年以來的最低水平，因為礦工似乎正在等待比特幣價格要求新鮮的高點。

While the Bitcoin market has somewhat matured such that miners’ selling doesn’t have that much significant impact on prices, an extended period of low selling pressure from the network participants could be naturally bullish for the premier cryptocurrency. Alphractal, however, noted that the market may see renewed selling interest as prices move in the coming weeks. 

儘管比特幣市場已經成熟，因此礦工的銷售不會對價格產生太大影響，但網絡參與者的銷售壓力很長時間可能自然而然地看漲。但是，Alphractal指出，隨著未來幾週價格的上漲，市場可能會看到新的銷售利息。

Bitcoin Price At A Glance

比特幣價格一目了然

As of this writing, the price of BTC stands at around $104,250, reflecting an over 1% rise in the past 24 hours.

截至撰寫本文時，BTC的價格約為104,250美元，反映了過去24小時的1％以上。