比特幣的長期持有人：減輕銷售信號信號是鎮定的嗎？

比特幣的長期持有人正在放鬆其銷售，這表明可能向市場穩定和積累階段轉變。這對比特幣的下一個大舉動意味著什麼？

Bitcoin's Long-Term Holders: Sales Easing Signals Bullish Calm?

比特幣的長期持有人：減輕銷售信號信號是鎮定的嗎？

Are Bitcoin's long-term holders (LTH) finally taking a breather? Recent data suggests a slowdown in their selling activity, hinting at a potential shift in market dynamics. Let's dive into what this could mean for Bitcoin's future.

比特幣的長期持有人（LTH）終於喘口氣了嗎？最近的數據表明，他們的銷售活動放緩，暗示了市場動態的潛在轉變。讓我們深入了解這對比特幣的未來意味著什麼。

Long-Term Holders Tap the Brakes on Sales

長期持有人利用銷售剎車

Recent on-chain data reveals a potentially significant shift in the behavior of Bitcoin's long-term holders. According to analytics, the pace at which these seasoned investors are selling their coins has decreased considerably. This is based on the Coin Days Destroyed (CDD) Multiple metric, which tracks the intensity of coin spending relative to historical averages. A lower CDD Multiple indicates reduced selling pressure from these key players.

最近的鏈上數據表明，比特幣長期持有人的行為可能存在重大變化。根據Analytics的說法，這些經驗豐富的投資者出售硬幣的速度大大減少。這是基於被破壞的硬幣日（CDD）多個度量標準，該度量標準了相對於歷史平均值的硬幣支出的強度。較低的CDD多重表明這些主要參與者的銷售壓力降低。

What Does This Mean for Bitcoin's Price?

這對比特幣的價格意味著什麼？

With Bitcoin currently trading around $109,000, the easing of sales by long-term holders could signal a period of stabilization. Historically, similar behavior has preceded accumulation phases, where the confidence of these experienced investors helps to prevent further price declines. Instead of panic selling, they appear to be holding their positions, possibly anticipating stronger market moves.

隨著比特幣目前的交易約為109,000美元，長期持有人的銷售放鬆可能表明一段時間的穩定。從歷史上看，類似的行為在積累階段之前，這些經驗豐富的投資者的信心有助於防止進一步的價格下降。他們似乎沒有恐慌銷售，而是持有自己的頭寸，可能會預見到更強大的市場轉移。

A Glimmer of Hope for Bitcoin's Next Expansion?

對比特幣的下一個擴展的希望？

Could this be the groundwork for Bitcoin's next big expansion? The reduced CDD Multiple might suggest that the market is preparing for a new phase of growth. Keeping a close watch on movements around the recent swing low, alongside CDD activity, will be crucial for making informed investment decisions.

這可能是比特幣下一個大型擴展的基礎嗎？減少的CDD倍數可能表明，市場正在為新的增長階段做準備。密切關注最近的Swing Low的動作以及CDD活動，對於做出明智的投資決策至關重要。

Bitcoin Still a Cornerstone, but Not Always the First Stop

比特幣仍然是基石，但並不總是第一站

While long-term holders' behavior hints at underlying strength, it's worth noting a broader trend: Bitcoin isn't always the automatic first choice for crypto newcomers. A CoinGecko survey highlighted that just over half of new entrants include Bitcoin in their initial portfolios, with a growing number opting for altcoins. This diversification underscores the maturing nature of the crypto space. However, experts agree Bitcoin remains a cornerstone asset, much like gold in traditional finance.

儘管長期持有人的行為暗示了潛在的力量，但值得注意的是一種更廣泛的趨勢：比特幣並不總是是加密新移民的自動首選。一項小姐調查強調，最初的投資組合中只有一半以上的新進入者包括比特幣，而越來越多的人選擇了altcoins。這種多樣化強調了加密空間的成熟性質。但是，專家認為比特幣仍然是基石資產，就像傳統金融中的黃金一樣。

The Bottom Line

底線

The easing of sales by Bitcoin's long-term holders, coupled with Bitcoin's established role as a benchmark, paints a picture of cautious optimism. While the market remains volatile, these indicators suggest that the groundwork for Bitcoin's next significant move may be underway.

比特幣的長期持有人的銷售放鬆，再加上比特幣作為基準的既定角色，都描繪了謹慎的樂觀圖片。儘管市場仍然波動，但這些指標表明，比特幣的下一個重大舉措的基礎可能正在進行中。

So, is this the calm before the next crypto storm, or the beginning of a beautiful bull run? Only time will tell, but one thing's for sure: keeping an eye on those long-term holders is always a smart move. Happy hodling, folks!

那麼，這是在下一次加密風暴之前的平靜，還是美麗的公牛跑步的開始？只有時間會說明，但是可以肯定的是：關注那些長期持有人始終是一個明智的舉動。霍德林快樂，伙計們！