比特幣的圖案中斷：霍德爾是下一個激增的關鍵嗎？

比特幣調情帶有新的高點，鍊鍊數據表明，霍德林比以往任何時候都更強大。這種模式破壞了下一次激增的鑰匙，還是退伍軍人兌現？

Bitcoin's Pattern Break: Are HODLers the Key to the Next Surge?

比特幣的圖案中斷：霍德爾是下一個激增的關鍵嗎？

Bitcoin's recent dance around the $110,000 mark has everyone buzzing. But beneath the surface, a fascinating trend is emerging: HODLing is alive and well, potentially setting the stage for the next big move.

比特幣最近在110,000美元的大關上的舞蹈都在嗡嗡作響。但是在表面下，一個引人入勝的趨勢正在出現：霍德林還活著且良好，有可能為下一個重大舉動奠定基礎。

The HODL Mentality: Stronger Than Ever?

霍德的心態：比以往任何時候都更強大？

On-chain data paints a compelling picture. Despite Bitcoin hovering near its all-time high, long-term holders (LTHs) are digging in their heels. Glassnode's latest report highlights two key indicators: Long-Term Holder Supply and Liveliness.

鏈上數據描繪了令人信服的圖片。儘管比特幣徘徊在歷史最高的高位，但長期持有人（LTHS）仍在挖掘腳跟。 GlassNode的最新報告突出了兩個關鍵指標：長期持有人的供應和活潑。

The Long-Term Holder Supply, representing Bitcoin held for over 155 days, has reached a new all-time high of 14.7 million BTC. This isn't just about buying; it signifies short-term holders maturing into LTHs, showcasing a growing conviction in Bitcoin's long-term potential. Interestingly, this growth includes investors who bought above $100,000 and weathered the subsequent price dips – true believers, indeed!

代表比特幣超過155天的長期持有人的供應已達到歷史最高的1,470萬BTC。這不僅僅是購買；它表明短期持有人成熟到LTHS，表明了比特幣長期潛力的信念日益增長。有趣的是，這種增長包括購買了超過100,000美元並風化後續價格下跌的投資者 - 確實是真正的信徒！

The Liveliness metric, tracking coin days destroyed, further reinforces this HODLing dominance. Unlike previous rallies where HODLers participated in selling, this recent run has seen less spending activity. This suggests that a more significant price surge might be needed to incentivize renewed selling.

活潑的指標，跟踪硬幣日被破壞，進一步增強了這種頑強的統治地位。與以前的霍德爾參與銷售的集會不同，這項最近的跑步活動減少了。這表明可能需要更大的價格上漲來激勵新的銷售。

Whales Stir and Patterns Emerge

鯨魚攪拌並出現圖案

Adding another layer of intrigue, dormant whale wallets are awakening after years of inactivity. While these movements can inject volatility into the market, they also historically align with major bull runs, signaling cycle transitions or profit-taking by early adopters.

在多年的不活動之後，增加了另一層陰謀，休眠的鯨魚錢包正在喚醒。儘管這些運動可以將波動率注入市場，但歷史上也與早期採用者的主要公牛奔跑，信號周期過渡或獲利。

The Veteran Profit-Takers

資深獲利者

While HODLers are holding strong, on-chain data reveals that older Bitcoin groups were the ones that realized profits during the latest market selloff. The 3-5 year cohort realized the most gains at $849 million. Even more interesting, the 7-10 year cohort took the second most profits, which may be from rediscovering old wallets or maybe some genuine HODLers reaping the rewards of their conviction.

雖然霍德爾（Hodlers）保持強大，但鏈上數據表明，較老的比特幣集團是在最新市場拋售中實現利潤的群體。 3 - 5年的隊列的收益最高為8.49億美元。更有趣的是，7 - 10年的同夥獲得了第二大利潤，這可能是由於重新發現舊錢包，或者可能是一些真正的雜物來收穫他們的信念回報。

What Does This Mean for Bitcoin?

這對比特幣意味著什麼？

The current market landscape presents a mixed bag. Strong HODLing behavior suggests a solid foundation for future growth, while whale activity and profit-taking from veteran holders introduce an element of uncertainty. The key question is whether Bitcoin can break through the $110,500 resistance and establish a new all-time high. The bulls are showing weakness, but as we all know, things can change quickly in the crypto world.

當前的市場景觀展示了一個混合的袋子。強烈的霍德林行為為未來的增長提供了堅實的基礎，而從資深持有人那裡獲得的鯨魚活動和獲利卻引入了不確定性的元素。關鍵問題是比特幣是否可以突破110,500美元的阻力並建立新的歷史最高水平。公牛隊表現出弱點，但眾所周知，在加密世界中，情況可能很快變化。

Final Thoughts: HODL On... Or Not?

最終想法：hodl on ...嗎？

So, what's the takeaway? Bitcoin's future remains uncertain, but the strength of the HODLers provides a reason for optimism. Whether you're a seasoned crypto veteran or a newbie just dipping your toes in the water, keep an eye on these trends. And remember, in the world of Bitcoin, anything is possible. Now, if you'll excuse me, I'm going to go check my own wallet... just in case!

那麼，收穫是什麼？比特幣的未來仍然不確定，但是霍德爾的力量為樂觀提供了理由。無論您是經驗豐富的加密退伍軍人還是新手，只是將腳趾浸入水中，都要關注這些趨勢。請記住，在比特幣世界中，一切皆有可能。現在，如果您能原諒我，我將去檢查自己的錢包...以防萬一！