隨著資本流入驅動突破勢頭，比特幣飆升至10萬美元

比特幣終於超出了98,000美元的關鍵電阻水平，現在正處於歷史上的邊緣，因為它標記為99,890美元，這只是期待已久的10萬美元大關。

Bitcoin is on the cusp of making history as it tagged $99,890 today, coming tantalizingly close to the long-awaited $100K mark. Bulls have taken complete control, with momentum visibly accelerating and price action starting to confirm the uptrend that many analysts have anticipated for months.

比特幣正處於創造歷史的風口浪尖上，因為它今天標記了99,890美元，誘人地接近期待已久的10萬美元大關。公牛已經完全控制了，勢頭明顯的加速和價格行動開始確認許多分析師預計幾個月來的上升趨勢。

After weeks of steady consolidation and higher lows, BTC is now showing clear signs of strength as it eyes new all-time highs. This resilience and capital efficiency are remarkable considering the market turmoil and macroeconomic headwinds that Bitcoin has faced throughout the year.

經過數週的穩定鞏固和更高的低點，BTC現在在註視著新的歷史最高點時顯示出明顯的強度跡象。考慮到比特幣全年面臨的市場動盪和宏觀經濟的逆風，這種韌性和資本效率非常出色。

Supporting this bullish momentum, on-chain insights from CryptoQuant reveal a significant and sustained flow of capital into Bitcoin over recent weeks. This accumulation phase reflects renewed investor confidence and has driven Bitcoin’s Realized Cap to a new all-time high for the third consecutive week.

支持這種看漲的勢頭，來自加密素養的鍊鍊見解表明，最近幾週，資本流入了比特幣。這個積累階段反映了新的投資者信心，並將比特幣連續第三週推動了新的歷史最高點。

Realized Cap, which measures the total value of all coins based on their last movement, serves as a strong indicator of long-term conviction among holders. It’s also a useful metric for assessing the market’s recovery and capital efficiency.

實現的上限，根據所有硬幣的最後一個動作來衡量所有硬幣的總價值，它是持有人長期定罪的有力指標。它也是評估市場恢復和資本效率的有用指標。

With capital inflows rising and the $100K breakout now within reach, the market is watching closely. A confirmed move above $100K could spark the next major leg of Bitcoin’s bull cycle, while sustained accumulation signals that investor appetite remains strong, even at these historic price levels.

隨著資本流入的增長和現在的10萬美元突破，市場正在密切關注。確認的舉動超過$ 10萬美元，可能會引發比特幣牛週期的下一個主要工作，而持續的積累信號表明，即使在這些歷史性的價格水平上，投資者的食慾仍然很強。

Bitcoin Gains Strength As Realized Cap Signals Buying Pressure

比特幣獲得了強度，因為已實現的帽子信號購買壓力

Bitcoin is showing increasing strength as it flirts with a breakout above the psychological $100,000 level. Bulls appear to be in control, and there are early signs that the strong selling pressure which defined much of the year could be abating.

比特幣表現出越來越多的力量，因為它調情的突破超過了100,000美元的水平。公牛似乎處於控制之中，並且有早期的跡象表明，一年中大部分時間定義的強大銷售壓力可能正在減輕。

The price action has turned decisively bullish, and Bitcoin is now trading just below $100K after tagging $99,890 earlier today. This move comes amid strong on-chain fundamentals, notably the sustained capital investment in the network, which is still flowing in despite the recent price gains.

價格行動果斷地看好了，比特幣在今天早些時候標記了99,890美元後，現在的交易價格低於10萬美元。這一舉動是在強大的鍊鍊基本原理中，尤其是該網絡中持續的資本投資，儘管最近價格上漲，但仍在流入。

According to CryptoQuant analyst Carmelo Alemán, Bitcoin’s Realized Cap has hit a new all-time high for the third consecutive week. As of 11:00 a.m. today, the Realized Cap stands at $890.742 billion.

據CryptoQuant分析師CarmeloAlemán所說，比特幣的意識到CAP連續第三周達到了新的歷史最高水平。截至今天上午11:00，實現的上限為8907.42億美元。

This metric, calculated by summing the purchase price of every UTXO (Unspent Transaction Output) multiplied by the amount of BTC held, represents the total dollar value of coins based on their last movement. It’s a useful indicator of capital efficiency and the market’s recovery.

該指標是通過將每個UTXO的購買價格（未支付交易輸出）乘以持有的BTC的數量來計算得出的，代表了硬幣的總美元價值，該價值是根據其上一次動作而獲得的。這是資本效率和市場復甦的有用指標。

The rise in Realized Cap signals sustained capital inflows and growing confidence among both Long-Term Holders (LTHs) and Short-Term Holders (STHs), who have continued accumulating BTC, setting the stage for the next stage of the market's recovery.

長期持有人（LTHS）和短期持有人（STHS）中，已實現的CAP信號的上升持續了資本流入和日益增長的信心，他們繼續積累BTC，為市場恢復的下一個階段奠定了基礎。

This surge in investment reflects not only a shift in sentiment but also increasing conviction in Bitcoin’s role as a long-term financial asset. With momentum building and capital steadily flowing in, the market appears to be laying the groundwork for a major price expansion.

投資的激增不僅反映了情緒的轉變，而且反映了比特幣作為長期金融資產的角色的信念。隨著勢頭的建設和資本穩步流入，市場似乎正在為大型價格上漲奠定基礎。

If the current trend continues, a confirmed breakout above $100K could mark the beginning of a new and powerful bull cycle—fueled not by hype, but by solid, data-backed accumulation.

如果目前的趨勢繼續下去，那麼確認的突破超過$ 10萬美元就可以標誌著新的強大的公牛週期的開始 - 不是通過炒作，而是通過穩固的，數據支持的積累來燃料。

Price Analysis: Testing $100K Resistance

價格分析：測試$ 100K的抵抗力

Bitcoin is currently trading at $99,490 after a substantial +2.51% daily move that saw it nearly breach the significant psychological resistance at $100,000.

比特幣目前的交易價格為99,490美元，經過每天 +2.51％的舉動，這幾乎違反了100,000美元的重大心理阻力。

A glance at the daily chart shows Bitcoin breaking out of recent consolidation highs and entering a key price zone between $100,000 and $103,600. This range represents the final barrier before potentially entering price discovery and retesting the all-time highs set earlier this year.

一瞥每日圖表顯示，比特幣從最近的合併高點中脫穎而出，並進入了100,000美元至103,600美元之間的關鍵價格區。該系列代表了可能進入價格發現並重新測試今年早些時候設定的最終障礙。

Momentum is undoubtedly bullish. Bitcoin is now comfortably above both the 200-day Simple Moving Average (SMA) at $90,851 and the 200-day Exponential Moving Average (EMA) at $86,643—two major technical levels that previously acted as dynamic resistance.

動力無疑是看好的。現在，比特幣舒適地高於200天簡單的移動平均線（SMA），價格為90,851美元，而200天的指數移動平均線（EMA）為86,643美元，這是一個以前充當動態阻力的主要技術水平。

The current chart structure clearly highlights a strong uptrend, supported by rising volume and consistent higher lows since the mid-April rebound.

當前的圖表結構顯然強調了強勁的上升趨勢，自4月中旬反彈以來，體積上升和較高的低點支持。

What traders will be watching closely now is whether BTC can close above $100K and successfully turn it into support. A clean breakout above this zone could attract fresh capital and trigger an acceleration toward $103,600 and potentially even higher.

交易者現在將密切關注的是，BTC是否可以超過$ 10萬美元，並成功地將其轉變為支持。在該區域上方的清潔突破可能會吸引新的資本，並將加速器觸發到103,600美元，甚至可能更高。

However, traders should also be mindful of potential rejection around the $100K mark, which has historically served as a strong profit-taking zone.

但是，交易者還應該注意售價為10萬美元大關的潛在拒絕，這在歷史上一直是一個強大的利潤區域。

In summary, Bitcoin's price action is displaying strength, and technical momentum is indicating a continuation of the uptrend. The next few daily closes will be crucial in confirming whether BTC can break through this final resistance and enter a new bullish phase

總而言之，比特幣的價格動作正在顯示強度，技術動力表明上升趨勢的延續。接下來的幾天關閉對於確認BTC是否可以打破這種最終抵抗並進入新的看漲階段至關重要