比特幣的OTC供應緊縮：機構為下一個公牛奔跑加油嗎？

隨著機構的積極積累，比特幣的OTC Supply命中率低。這是$ 140K BTC的前奏嗎？

Bitcoin's OTC Supply Squeeze: Institutions Fueling the Next Bull Run?

比特幣的OTC供應緊縮：機構為下一個公牛奔跑加油嗎？

Bitcoin, OTC supply, and institutions—these are the keywords buzzing in the crypto sphere right now. The latest scoop? Bitcoin's supply on over-the-counter (OTC) desks has plummeted to record lows, signaling that big players—we're talking institutional investors—are on an accumulation spree. Buckle up, because this could be the runway to the next major price surge.

比特幣，OTC供應和機構 - 這些是Crypto Sphere中嗡嗡作響的關鍵字。最新的勺子？比特幣在非處方（OTC）辦公桌上的供應量下降以記錄低點，這表明大型球員（我們正在談論機構投資者）是積累的狂歡。扣緊，因為這可能是通往下一個主要價格上漲的跑道。

The Institutional Stampede: Why OTC Desks?

機構踩踏：為什麼要OTC辦公桌？

Why are institutions flocking to OTC desks like it's Black Friday for Bitcoin? Simple: discretion and efficiency. OTC desks allow these whales to execute massive trades without causing major ripples in the market. As Mr. Wall Street (a fitting name, no?) pointed out, this behavior mirrors previous bullish setups where Bitcoin experienced sharp upward momentum.

為什麼機構像黑色星期五的比特幣一樣湧向OTC辦公桌？簡單：酌處權和效率。 OTC桌子允許這些鯨魚執行大規模交易，而不會引起市場上的重大波動。正如華爾街先生（一個合適的名字，不？）指出的那樣，這種行為反映了以前的看漲設置，比特幣經歷了敏銳的勢頭。

So, what's driving this institutional confidence? A cocktail of factors: a weakening U.S. dollar, increased global liquidity, and even a rally in gold prices as hedge funds diversify their portfolios. It's like the perfect storm for Bitcoin.

那麼，是什麼推動了這種機構信心？一系列因素雞尾酒：削弱美元，全球流動性增加，甚至是黃金價格的集會，因為對沖基金使其投資組合多樣化。這就像比特幣的完美風暴。

Technical Indicators: Green Lights Flashing

技術指標：綠燈閃爍

But it's not just about institutional sentiment. The technicals are also looking pretty darn good. Bitcoin recently smashed through its EMA25 (Daily) and successfully retested the EMA50 (Daily), confirming strong buyer interest. In layman's terms? The bulls are in charge, and they're not shy about it.

但這不僅與機構情緒有關。技術人員看起來也很不錯。比特幣最近在其EMA25（每日）中粉碎，並成功地重新測試了EMA50（每日），確認了強大的買家興趣。用外行的話？公牛負責，他們對此並不害羞。

Analysts are eyeing price targets of $119,000, $123,000, and ultimately, $140,000. Ambitious? Maybe. But these levels represent key liquidity zones that could attract significant market activity. Keep a close watch on upcoming macroeconomic data, especially U.S. labor reports, as these could inject some volatility into the mix.

分析師的目標價格為119,000美元，$ 123,000，最終為140,000美元。雄心勃勃？或許。但是這些水平代表了可能吸引大量市場活動的關鍵流動性區域。密切關注即將到來的宏觀經濟數據，尤其是美國的勞動報告，因為這些數據可能會將某些波動性注入混合。

Ethereum Joins the Party: Institutional Interest Broadens

以太坊加入黨：機構利益擴大

It's not just Bitcoin hogging the spotlight. Ethereum is also feeling the love from institutional investors. Spot ETH ETFs from big names like BlackRock, Fidelity, and Grayscale have seen massive inflows, signaling real corporate demand. Some analysts are even forecasting ETH to hit $4,000+ and even $7,000 by Q4 2025. Altcoins may also get some love in the coming months, so keep an eye out for those.

不僅是比特幣引起人們的關注。以太坊還感受到了機構投資者的愛。諸如貝萊德，富達和灰度等大人物等大人物的ETH ETF看到了大量流入，這表明了真正的企業需求。一些分析師甚至可以預測ETH將達到4,000美元以上的價格，甚至在第4季度2025年達到7,000美元。在接下來的幾個月中，Altcoins也可能會得到一些愛，因此請留意這些愛。

My Two Satoshis: Is This Time Different?

我的兩個satoshis：這次有不同嗎？

Now, for my personal take. We've seen this movie before, right? Institutions accumulate, price pumps, everyone celebrates, and then… well, you know. But this time feels different. The macroeconomic backdrop is unique, institutional adoption is more widespread, and the technicals are aligned. Of course, crypto is crypto, so anything can happen. But I'm cautiously optimistic that this OTC supply squeeze is a genuine signal of long-term bullish momentum.

現在，為了我個人。我們以前看過這部電影，對嗎？機構積累，價格泵，每個人都在慶祝，然後……好吧，你知道。但是這一次感覺不同。宏觀經濟背景是獨一無二的，機構採用更廣泛，而且技術是一致的。當然，加密貨幣是加密貨幣，所以任何事情都可能發生。但是我謹慎地對這種OTC供應壓縮是長期看漲勢頭的真正信號。

The data really does point to some bullish sentiment. With the recent surge of institutional interest into Ethereum and the halving that just took place a couple of months ago for Bitcoin, it's not surprising to see markets starting to move.

數據確實表明了一些看漲的情緒。隨著最近幾個月前對比特幣發生的機構興趣激增，而僅在幾個月前進行的減半，看到市場開始發展也就不足為奇了。

The Bottom Line: Stay Long, Stay Vigilant

底線：待久，保持警惕

Analysts suggest maintaining long positions and using pullbacks as opportunities to accumulate. In other words, ride the wave, but don't get wiped out. Keep an eye on those key levels, watch the macroeconomic data, and always, always do your own research.

分析師建議維持較長的位置並使用回調作為積累的機會。換句話說，騎著波浪，但不要刪除。密切關注這些關鍵水平，觀看宏觀經濟數據，並始終進行自己的研究。

So, there you have it. Bitcoin's OTC supply is drying up, institutions are loading up, and the stage is set for a potential multi-leg rally. Will it happen? Only time will tell. But one thing's for sure: it's going to be an interesting ride. HODL on tight!

所以，你有。比特幣的OTC供應正在枯竭，機構正在加載，並且為潛在的多腿拉力賽設定了階段。會發生嗎？只有時間會證明。但是可以肯定的是：這將是一個有趣的旅程。 hodl緊緊！