比特幣再次超過了以前的歷史高

比特幣再次超過了以前的歷史最高高點，在加密貨幣市場的持續看漲勢頭中，新的峰值高於111,000美元。

Bitcoin (BTC) price rose again on Wednesday to hit a new all-time high above $111,000 amid continuing bullish momentum in the crypto market.

比特幣（BTC）的價格在周三再次上漲，在加密貨幣市場的持續看漲勢頭中，有歷史新高的高度超過111,000美元。

Bitcoin price is currently trading at $111,226, reflecting a 2.2% increase in the past 24 hours. The apex coin has now moved beyond the psychological threshold of $110,000, setting the stage for further gains in the medium term.

比特幣價格目前的交易價格為111,226美元，反映了過去24小時的2.2％。最高硬幣現在已經超出了110,000美元的心理門檻，在中期為進一步的收益奠定了基礎。

However, emerging risks are being signaled by underlying market data, which analysts are keeping an eye on.

但是，通過潛在的市場數據來表達新興風險，分析師一直在關注這些風險。

Binance Bitcoin Inflows And MVRV Ratio Point To Sustained Bullish Setup, Analyst Reveals

分析師透露，二元比特幣的流入和MVRV比率指向持續的看漲設置。

CryptoQuant contributor Amr Taha recently published an analysis highlighting key metrics from Binance, including net flows, open interest, and leverage levels. These metrics, when taken together, reveal a familiar setup that may indicate emerging risks and a sustained bullish setup, signaled by the MVRV ratio remaining above 1.0 throughout the uptrend.

加密貢獻者Amr Taha最近發表了一項分析，該分析強調了Binance的關鍵指標，包括淨流，開放興趣和槓桿水平。這些指標合在一起時，揭示了一種熟悉的設置，該設置可能表明新興風險和持續的看漲設置，這在整個上升趨勢中均高於1.0的MVRV比率。

This setup is similar to December 2024, a period that preceded short-term corrections, according to the analyst.

根據分析師的說法，該設置類似於2024年12月，這是在短期校正之前的時期。

While Bitcoin’s price action has remained positive, the presence of high exchange inflows and speculative positioning could indicate that some investors are preparing for profit-taking. According to Taha, Binance has observed a notable increase in inflows, with approximately 3,000 BTC and 60,000 ETH entering the exchange as Bitcoin broke its all-time high.

儘管比特幣的價格行動一直保持積極，但高交換流入和投機定位的存在可能表明一些投資者正在準備獲利。根據塔哈（Taha）的說法，Binance觀察到流入量的顯著增加，隨著比特幣的歷史最高水平，大約3,000 BTC和60,000 ETH進入了交易所。

This shift from net outflows to inflows suggests that investors may be transferring assets to trading platforms with the intent to sell or adjust their positions.

從淨流出到流入的這種轉變表明，投資者可能正在將資產轉移到交易平台上，目的是出售或調整其頭寸。

Historically, large net inflows during price peaks have been linked to increased selling activity, particularly when market participants aim to secure gains after extended uptrends.

從歷史上看，價格高峰期間的大量淨流入與增加的銷售活動有關，尤其是當市場參與者旨在在擴大上升趨勢後獲得增益時。

Amr Taha's analysis in the CryptoQuant Loghighlights the occurrence of several indicators that could signal emerging risks and a sustained bullish setup, signaled by the MVRV ratio remaining above 1.0 throughout the uptrend. This setup is similar to December 24, a period that preceded short-term corrections, according to the analyst.

AMR TAHA在加密標誌中的分析表明，幾種指標的出現，這些指標可能表明出現的風險和持續的看漲設置，這是由MVRV比率在整個上升趨勢中保持高於1.0的標誌。根據分析師的說法，該設置類似於12月24日，這是在短期校正之前的時期。

While Bitcoin's price action has remained positive, the presence of high exchange inflows and speculative positioning could indicate that some investors are preparing for profit-taking. According to Taha, Binance has observed a notable increase in inflows, with approximately 3,000 BTC and 60,000 ETH entering the exchange as Bitcoin broke its all-time high.

儘管比特幣的價格行動一直保持積極，但高交換流入和投機定位的存在可能表明一些投資者正在準備獲利。根據塔哈（Taha）的說法，Binance觀察到流入量的顯著增加，隨著比特幣的歷史最高水平，大約3,000 BTC和60,000 ETH進入了交易所。

This shift from net outflows to inflows suggests that investors may be transferring assets to trading platforms with the intent to sell or adjust their positions.

從淨流出到流入的這種轉變表明，投資者可能正在將資產轉移到交易平台上，目的是出售或調整其頭寸。

According to the data, Binance typically experiences outflows during periods of consolidation and sideways trading. However, a sustained period of net inflows is usually observed during trending markets, especially as prices approach all-time highs.

根據數據，Binance通常在合併和側向交易期間經歷流出。但是，通常在趨勢市場期間觀察到持續的淨流入期，尤其是當價格臨近時期。

According to Taha, large net inflows during price peaks have been linked to increased selling activity, especially when market participants aim to secure gains after extended uptrends.

據塔哈（Taha）稱，價格高峰期間的大量淨流入與增加的銷售活動有關，尤其是當市場參與者的目標是在擴大上升趨勢之後獲得收益時。

"During periods of consolidation or lower-highs, we usually see outflows as traders prefer to hold their coins in cold storage. But during trending markets, especially as prices approach all-time highs, we usually see sustained periods of net inflows," Taha explained.

塔哈解釋說：“在合併或較低的時期，我們通常會看到流出，因為交易者更喜歡將硬幣放在冷藏中。但是在趨勢市場，尤其是當價格臨時高高時，我們通常會看到持續的淨流入期。”

"This is especially true when considering that we're seeing large-scale outflows during periods of consolidation or lower-highs, and then we usually observe sustained periods of net inflows during trending markets, especially as prices approach all-time highs. This indicates that traders are aiming to secure gains after extended uptrends."

“在考慮到合併期間或較低高點期間我們看到大規模流出時，這尤其如此，然後我們通常會觀察到趨勢市場期間持續的淨流入時期，尤其是當價格近乎臨時。這表明交易者的目標是在擴展增強後的增長後，旨在確保收益。”

Coinbase Pro Bitcoin futures OI has dropped to lows last seen during the December 2024 bottom, signaling that leveraged traders may be reducing their positions or rolling them over to shorter-term time frames. This is in contrast to the December 2024 top, where OI reached highs, indicating the accumulation of leveraged positions.

Coinbase Pro Bitcoin Futures OI已在2024年12月的底部降至最低點，這表明槓桿交易者可能正在減少其位置或將其滾動到較短的時間範圍。這與2024年12月OI達到高點的頂部相反，表明槓杆位置的積累。

Coinbase Pro Bitcoin futures OI dropped to lows last seen during the December 24 bottom, signaling that leveraged traders may be reducing their positions or rolling them over to shorter-term time frames. This is in contrast to the December 24 top, where OI reached highs, indicating the accumulation of leveraged positions.

Coinbase Pro比特幣期貨在12月24日的底部跌至最低點，這表明利用交易者可能正在減少其位置或將其滾動到較短的時間範圍。這與12月24日的頂部（OI達到高點）相反，表明槓杆位置的積累。

However, open interest (OI) on Binance has climbed back above $12 billion levels last seen in December 2024. Open interest is the total value of outstanding futures contracts and is often viewed as an indicator of speculative engagement in the market.

但是，二元開放利息（OI）在2024年12月上次上次升至120億美元以上。開放利息是未償還期貨合約的總價值，通常被視為投機參與市場的指標。

While rising OI can support upward continuation during bullish phases, it may also increase the risk of volatility if not supported by fresh spot market demand.

儘管上升的OI可以在看漲期間支持向上的延續，但如果不受新的現貨市場需求支持，它也可能會增加波動性的風險。

"Open interest is now back above $12B on Binance, largely driven by futures traders. This is the highest level since December 24, which is interesting given that we're seeing lower levels of open interest on Coinbase Pro for both spot and futures markets

“開放興趣現在恢復了二元的$ 12B，這主要是由期貨交易者驅動的。這是自12月24日以來的最高水平，這很有趣，因為我們看到Coinbase Pro在現場和期貨市場上的開放興趣較低