比特幣季節性：您應該“在五月出售並離開”？

當日曆轉到春末時，一個熟悉的問題在加密貨幣交易者中浮出水面：您應該“在五月出售並離開？”

The saying "Sell in May and go away" is a common piece of advice, especially among stock traders. However, according to historical data from Bitcoin Magazine Pro, the months from June through September have traditionally been the lowest-performing period for BTC.

“五月出售並離開”是一個常見的建議，尤其是在股票交易員中。但是，根據《比特幣》雜誌Pro的歷史數據，從6月到9月的幾個月中，傳統上是BTC表現最低的時期。

Despite this, even the weakest stretch of the year - spanning June through September - has still managed to post an average combined return of 12.03%. This suggests that while performance may dip compared to other months, it’s not necessarily a guaranteed 'slump.'

儘管如此，即使是跨越6月至9月的一年中最弱的範圍 - 仍然設法公佈的總回報率為12.03％。這表明，儘管與其他月份相比，性能可能會下降，但不一定是保證的“低迷”。

Chart: Bitcoin Average Monthly Returns (2013-2023)

圖表：比特幣平均每月回報（2013-2023）

Strongest Months

最牢固的月份

According to the analysis, the months of December, October, and November have historically shown much stronger returns. Together, these three months post an average combined return of 51.14%.

根據分析，12月，10月和11月的月份在歷史上已經顯示出更強的回報。這三個月的平均總回報率為51.14％。

This aligns with the often-discussed Q4 momentum in crypto markets, frequently seen in December.

這與在12月經常看到的加密貨幣市場中經常討論的第四季度勢頭保持一致。

What Could Investors Do?

投資者可以做什麼？

The data supports a more nuanced approach than simply "selling in May." While summer returns are more muted - and even negative in September - completely exiting the market could mean missing out on July’s historically solid average of over 10%.

數據支持一種更細微的方法，而不是簡單地“銷售”。儘管夏季回報更加柔和 - 甚至在9月的負數 - 完全退出市場可能意味著缺少7月曆史上穩定的平均水平超過10％。

Ultimately, investor strategy will depend on their risk appetite, market outlook, and time horizon. Some may choose to reduce exposure or rebalance during this seasonally weak period, while others may stay the course, anticipating the stronger Q4 rally.

最終，投資者的戰略將取決於他們的風險食慾，市場前景和時間範圍。有些人可能會選擇在這個季節性較弱的時期減少曝光或重新平衡，而另一些人可能會保留該路線，預計第四季度的集會更強。