比特幣獲利，鯨魚行為和技術分析：2025年7月快照

分析比特幣的獲利趨勢，鯨魚活動和技術指標，以了解2025年7月的潛在價格變動。

Bitcoin Profit-Taking, Whale Behavior, and Technical Analysis: A July 2025 Snapshot

比特幣獲利，鯨魚行為和技術分析：2025年7月快照

Bitcoin's been on a wild ride, hitting new highs, but what's next? We're diving into profit-taking, whale moves, and technical signals to decode the market's next act.

比特幣一直在瘋狂騎行，達到了新的高點，但是接下來是什麼？我們正在研究盈利，鯨魚的動作和技術信號，以解碼市場的下一個行為。

Profit-Taking Peaks, But Not a Full Exit

利潤高峰，但沒有完全退出

Long-term Bitcoin holders are cashing in at the highest rate this year. The Spent Output Profit Ratio (SOPR) is above 2.5, a 2025 peak. But don't panic! It's still below the critical 4.0 threshold that historically marks local tops. This suggests there's still room for Bitcoin to run.

長期比特幣持有人今年以最高的速度兌現。支出的產出利潤率（SOPR）高於2.5，一個2025峰值。但是不要驚慌！它仍然低於關鍵的4.0閾值，歷史上標誌著本地上衣。這表明仍然有比特幣運行的空間。

Whales and Miners: Still Bullish

鯨魚和礦工：仍然看好

While some are selling, whales and miners are playing a different game. The Whale Exchange Ratio is at 0.42, signaling active trading and bullish sentiment. Miners are holding onto their Bitcoin, reducing the circulating supply and potentially setting up a supply squeeze. It's like they know something we don't!

雖然有些銷售，但鯨魚和礦工正在玩不同的遊戲。鯨魚交易比率為0.42，信號表明積極的交易和看漲情緒。礦工正在堅持自己的比特幣，減少了循環供應，並有可能建立供應擠壓。就像他們知道我們不知道的東西！

Institutional Investors Take a Breather

機構投資者喘口氣

After a 12-day buying spree, institutional investors sold off $131.40 million worth of Bitcoin. But their total holdings remain massive at $111.47 billion. This isn't a full retreat, just a little breather before the next climb, maybe?

經過12天的狂歡，機構投資者出售了價值1.314億美元的比特幣。但是他們的總股份仍然龐大，為1,14.7億美元。這不是一個完整的撤退，也許只是在下一次攀登之前有點喘息？

Technical Analysis: Eyes on $131,200

技術分析：$ 131,200的眼睛

According to Ali Martinez's technical analysis, $117,400 is the critical support level. Hold that, and Bitcoin could march towards $131,200, based on Fibonacci retracement and extension levels. An upward trend line since late June supports this bullish outlook.

根據阿里·馬丁內斯（Ali Martinez）的技術分析，117,400美元是關鍵支持水平。堅持不懈，基於斐波那契回調和擴展水平，比特幣可以向131,200美元行進。自6月下旬以來的趨勢線向上支持了這種看漲的前景。

Prediction Markets are Optimistic

預測市場是樂觀的

Prediction markets give a 40% chance of Bitcoin reaching at least $125,000 by August 1, 2025. A smaller percentage believes it could hit $130,000 or even $140,000 within the same timeframe. People are betting big on Bitcoin's continued rise!

預測市場給出了40％的比特幣到2025年8月1日至少達到125,000美元的機會。較小的百分比認為它可能在同一時間範圍內達到130,000美元甚至140,000美元。人們在比特幣的持續崛起上押注！

Public Companies Hoarding Bitcoin

上市公司ho積比特幣

Public companies now hold over 4% of Bitcoin's total supply. Plus, $10-15 billion has flowed into the convertible debt market, with companies like MicroStrategy using it to buy more Bitcoin. It's like a digital gold rush, but with more spreadsheets.

上市公司現在佔比特幣總供應量的4％以上。另外，100-15億美元已流向可兌換債務市場，像Microstrategy這樣的公司使用它購買了更多的比特幣。這就像數字淘金熱，但帶有更多的電子表格。

Final Thoughts

最後的想法

So, what's the takeaway? Bitcoin is in a consolidation phase, but underlying bullish signals persist. Profit-taking is happening, but whales and miners are still in the game. Technical analysis points higher, and prediction markets are optimistic. Buckle up, because the ride isn't over yet! Keep an eye on that $117,400 support level, and who knows, maybe we'll all be celebrating $131,200 soon. Cheers!

那麼，收穫是什麼？比特幣處於合併階段，但基本的看漲信號仍然存在。盈利正在發生，但是鯨魚和礦工仍在遊戲中。技術分析點更高，預測市場是樂觀的。係好，因為騎行還沒有結束！請密切關注$ 117,400的支持水平，誰知道，也許我們都會很快慶祝$ 131,200。乾杯!