比特幣最近的集會引起了投資者的關注，因為它的價格接近105,000美元

比特幣最近的集會吸引了投資者的關注，因為其價格英寸接近105,000美元。在過去的一個月中，領先的加密貨幣在

Bitcoin’s recent rally has captured investor attention as its price inches closer to $105,000. The leading cryptocurrency has seen significant gains over the past month, driven by strong institutional interest and renewed market optimism. However, conflicting market conditions may hold Bitcoin back from reaching a new all-time high.

比特幣最近的集會吸引了投資者的關注，因為其價格英寸接近105,000美元。在過去的一個月中，由於機構的興趣和新的市場樂觀態度，過去一個月的主要加密貨幣在過去一個月中取得了巨大收益。但是，矛盾的市場狀況可能會使比特幣無法達到新的歷史最高水平。

Bitcoin Holders Heavily Accumulate

比特幣持有人大量積累

Investor activity has been overwhelmingly bullish. Over the past week alone, more than 30,072 BTC, valued at over $3.13 billion, were purchased. This surge in buying activity has driven the exchange net position to its lowest level in four months.

投資者的活動絕大多數是看好的。僅在過去一周中，購買了30,072多個BTC，價值超過31.3億美元。購買活動的激增使交易網的頭寸在四個月內達到了最低水平。

The metric indicates that more coins are being withdrawn from exchanges than deposited, a classic sign of accumulation.

該度量表明，從交換中撤出更多的硬幣，而不是沉積的蓄積跡象。

Fear of missing out on profits is pushing Bitcoin holders to accumulate at a rapid pace. As Bitcoin hovers near its record highs, long-term investors appear to be adding to their positions, betting on a fresh breakout.

擔心錯過利潤的是推動比特幣持有者以迅速的速度積累。隨著比特幣徘徊在其紀錄高點附近，長期投資者似乎正在增加其位置，並押注新的突破。

While accumulation remains strong, the macro trend presents a mixed picture. The Liveliness indicator, a key on-chain metric, has seen a notable spike since the start of May. Currently sitting at a multi-week high, it suggests that long-term holders (LTHs) are beginning to liquidate.

儘管積累仍然很強，但宏觀趨勢表現出混合的圖像。自5月初以來，活潑的指標是一個關鍵的鍊鍊度量標準。目前坐在多周的高度，這表明長期持有人（LTHS）開始清算。

An increase in Liveliness typically means that dormant coins are becoming active again, often signaling that early adopters are taking profits. This behavior may introduce new selling pressure into the market.

生命的增加通常意味著休眠硬幣再次變得活躍，通常表明早期採用者正在獲利。這種行為可能會給市場帶來新的銷售壓力。

If Bitcoin LTHs continue to offload their holdings, it could undermine the bullish sentiment driven by fresh accumulation.

如果比特幣LTH繼續卸載其持股，它可能會破壞由新鮮積累驅動的看漲情緒。

BTC Price Aims For New ATH

BTC價格的目標是新的ATH

Bitcoin is currently trading at $104,231, just below the key psychological resistance of $105,000. However, technical data shows that the actual resistance sits at $106,265. This price level has acted as a ceiling since December 2024, preventing Bitcoin from gaining further traction.

比特幣目前的交易價格為104,231美元，略低於關鍵的心理阻力105,000美元。但是，技術數據表明，實際阻力為106,265美元。自2024年12月以來，這種價格水平一直是上限，以防止比特幣獲得進一步的吸引力。

Despite the all-time high standing at $109,588, the $106,265 mark is Bitcoin’s immediate hurdle. Market dynamics—including the selling from LTHs and conflicting investor sentiment—make this level particularly difficult to breach.

儘管有歷史新高的高位，售價為109,588美元，但$ 106,265的成績是比特幣的立即障礙。市場動態（包括來自LTHS的銷售和衝突的投資者情緒）使這一水平特別難以洩露。

Should Bitcoin fail to overcome this resistance, a price correction back to $100,000 remains a strong possibility.

如果比特幣無法克服這種阻力，則價格更高至100,000美元仍然是很有可能的。

Conversely, if BTC manages to break and flip $106,265 into a support floor, it could reignite bullish momentum. Such a move would pave the way for Bitcoin to reclaim $109,588 and potentially form a new all-time high.

相反，如果BTC設法打破並翻轉106,265美元進入支撐樓，它可能會重新啟動看漲的動力。這樣的舉動將為比特幣收回$ 109,588的道路鋪平道路，並有可能形成新的歷史最高水平。

Surpassing this level would invalidate the bearish outlook and could set the stage for a run to $110,000.

超過這一水平將使看跌前景無效，並可能使舞台持續到110,000美元。