比特幣鯨開始將長位置降低，因為BTC價格集會至$ 95K

在比特幣價格集會上升至95,000美元之後，主要的市場參與者採取了謹慎的舉動。期貨市場的熱情正在消失，反映了投資者的信心降低。

Major market players are making cautious moves after the Bitcoin (BTC) price rally to $95K, according to a recent report by Alphractal. As the cryptocurrency futures market enthusiasm wanes, it seems like large holders are closing long positions and shifting to shorts.

根據Alphractal的最新報告，主要市場參與者在比特幣（BTC）的價格集會上進行謹慎行動。隨著加密貨幣期貨市場熱情的減弱，大型持有人似乎正在關閉長位置並轉向短褲。

This cautious optimism is highlighted by the decrease in the Whale Position Sentiment indicator. As the BTC price hovers near the $95,000 mark, whales are beginning to change their stance.

鯨魚位置情緒指標的減少強調了這種謹慎的樂觀。隨著BTC的價格徘徊在95,000美元的大關接近，鯨魚開始改變其立場。

The indicator, created by Alphractal, measures open interest across major exchanges and tracks large trades exceeding $1 Million, offering insights into market activity.

該指標由Alphractal創建，衡量了跨主要交易所的開放興趣，並跟踪超過100萬美元的大型交易，從而提供了對市場活動的見解。

Even as prices reached new local highs in late April 2025, the sentiment value dropped from a high of around 1.2 to 0.8. Notably, this indicator has historically shown a 93% correlation with BTC price movements.

即使價格在2025年4月下旬達到了新的本地高點，情感價值也從1.2左右下降到0.8。值得注意的是，該指標從歷史上顯示出與BTC價格變動有93％的相關性。

If the indicator declines while prices increase, it typically signifies that large players are opening short positions, a pattern that has usually been followed by short-term corrections in past cycles.

如果指標在價格上漲時下降，則通常表示大型玩家正在打開短職位，這種模式通常在過去的周期中進行短期校正。

This suggests that major holders are locking in profits or anticipating a pullback. If the sentiment trend continues downward and falls below 0.6, traders can expect more selling pressure in the market.

這表明主要持有人正在鎖定利潤或預期回調。如果情感趨勢持續下降，並且低於0.6，則交易者可以期望市場上的銷售壓力更大。

However, despite the BTC price remaining above $93,000, another report by CryptoQuant says that bullish momentum in the futures market has faded after April 23, as seen in the Bitcoin Futures Composite Sentiment Index.

然而，儘管BTC價格持續到93,000美元以上，但CryptoQuant的另一份報告稱，在4月23日之後，期貨市場的看漲勢頭已經消失，如比特幣期貨綜合情緒指數所示。

The index, which tracks the net flow of futures traders’ positions, spiked several times in sync with big moves higher in the spot price. For instance, the index went above 3.0 on April 21 and April 22, when BTC surged from $84,000 to $95,000.

該指數跟踪了期貨交易者頭寸的淨流，該指數與大型動作的同步價格高出了幾次。例如，該指數在4月21日和4月22日超過3.0，當時BTC從84,000美元飆升至95,000美元。

But since April 26, the index has been below 0.5 and is in neutral territory. This means futures traders are becoming more hesitant.

但是自4月26日以來，該指數一直低於0.5，並且處於中立領域。這意味著期貨交易者變得越來越猶豫。

This lack of support from the futures market could limit any potential gains as the price faces resistance.

由於價格面臨的抵抗，期貨市場缺乏支持可能會限制任何潛在的收益。

The report also stated that short-term holders (STHs) are locking in profits at their realized price level. This selling pressure is being added to by the decreasing sentiment as prices approach key resistance.

該報告還指出，短期持有人（STH）正在以實現的價格水平鎖定利潤。隨著價格接近關鍵阻力，這種銷售壓力正在增加。

At the same time, BTC miners are joining in to take profits during the price surge. According to CryptoQuant, miners sold 943 Bitcoin between April 16 and April 27.

同時，BTC礦工在價格上漲期間加入了利潤。據CryptoQuant稱，礦工在4月16日至4月27日之間出售了943個比特幣。

This is worth about $850 Million at current market rates as the Bitcoin price increased from $84,000 to over $93,000.

隨著比特幣價格從84,000美元提高到93,000美元以上，目前的市場利率價值約8.5億美元。

The Miner Reserve chart shows that it decreased from 1,808,999 BTC on April 16 to 1,808,065 BTC on April 28. Usually, this reduction in reserves occurs as miners cash out to pay for operational costs or to book profits.

礦工儲備圖顯示，它從4月16日的1,808,999 BTC減少到4月28日的1,808,065 BTC。通常，隨著礦工的現金出售以支付運營成本或預訂利潤，儲量的減少發生。

Miner selling is common after price increases. However, the decrease in reserves during a rally suggests that some miners are apprehensive about future volatility. If this trend continues, it will exert short-term supply pressure on the market.

價格上漲後，礦工銷售很常見。但是，集會期間的儲備金減少表明，有些礦工對未來的波動感到擔憂。如果這種趨勢繼續下去，它將在市場上施加短期供應壓力。

According to technical analysis on TradingView, BTC has tested the $95,472 resistance level three times without breaking through. This has created a triple top pattern, and a failure to break can indicate a reversal.

根據有關TradingView的技術分析，BTC測試了3次$ 95,472的阻力水平，但未突破。這創建了三重頂部模式，未能打破可能表明逆轉。

The Relative Strength Index (RSI) on the 4-hour chart is dropping simultaneously. Momentum weakened as it decreased from above 70 to around 48.66 by April 30. Bitcoin price is below the Alligator indicator’s green moving average line, an early sign of consolidation or correction.

4小時圖表上的相對強度指數（RSI）同時下降。動量削弱了，到4月30日到4月30日下降到48.66左右。比特幣價格低於鱷魚指標的綠色移動平均線，這是合併或校正的早期跡象。

If BTC cannot hold minor support at $92,080, the next key level is around $87,570. The previous accumulation occurred in this area and has been marked as an order block. A break below that zone could see more downside pressure.

如果BTC無法以92,080美元的價格持有次要支持，則下一個密鑰級別約為87,570美元。先前的積累發生在該區域，並已被標記為訂單塊。低於該區域的突破可能會看到更多的下行壓力。