儘管短期持有者面臨損失，但比特幣仍在飆升

在技​​術指標顯示持續上漲趨勢的推動下，比特幣在過去 24 小時內飆升超過 3%。儘管勢頭良好，但短期持有者仍面臨損失，導致比特幣短期供應量下降，顯示潛在的拋售壓力。然而，長期持有者仍然保持樂觀，累積比特幣並影響市場動態。

Bitcoin Exhibits Bullish Momentum, But Short-Term Holders Endure Losses

比特幣表現出看漲勢頭，但短期持有者承受損失

In a notable development within the cryptocurrency market, Bitcoin (BTC) has surged by more than 3% over the past 24 hours. This upswing marks a departure from the week-long price decline that had dampened market sentiment.

加密貨幣市場的一個顯著發展是，比特幣 (BTC) 在過去 24 小時內飆升了 3% 以上。此次上漲標誌著與持續一周的價格下跌的情況有所不同，此前的一周價格下跌曾抑制了市場情緒。

Technical indicators suggest that this uptick may be sustained. The Relative Strength Index (RSI), Money Flow Index (MFI), and Moving Average Convergence Divergence (MACD), all indicate bullish momentum for BTC. If this trend continues, BTC's price could potentially reach $66,000.

技術指標表明這種上漲可能會持續。相對強弱指數（RSI）、資金流量指數（MFI）和移動平均收斂分歧（MACD）都顯示了 BTC 的看漲勢頭。如果這種趨勢持續下去，BTC 的價格可能會達到 66,000 美元。

However, despite the recent surge, short-term holders of BTC remain in a predicament. According to popular crypto analyst Ali, STHs would incur a 6.78% loss if they sold their holdings today. This loss is significant compared to the -12% maximum pain point observed during this bull cycle.

然而，儘管最近比特幣價格飆升，但比特幣的短期持有者仍處於困境。根據受歡迎的加密貨幣分析師 Ali 的說法，如果 STH 今天出售其持有的資產，將會遭受 6.78% 的損失。與本次多頭週期中觀察到的 -12% 最大痛點相比，此損失非常顯著。

Data from Glassnode reveals a decline in the supply held by short-term holders, indicating that they are indeed selling their BTC at a loss. This observation raises the question of whether the sell-offs will exert downward pressure on BTC's price.

Glassnode 的數據顯示，短期持有者持有的供應量下降，顯示他們確實在虧本出售比特幣。這項觀察結果引發了這樣的問題：拋售是否會對比特幣價格造成下行壓力。

In contrast to short-term holders, long-term holders (LTHs) appear to be maintaining a bullish stance. CryptoQuant data shows that BTC's binary CDD is green, indicating that LTHs are generally holding their coins. Additionally, the supply held by LTHs has increased, suggesting accumulation activity.

與短期持有者相反，長期持有者（LTH）似乎保持看漲立場。 CryptoQuant 數據顯示，BTC 的二進位 CDD 呈綠色，顯示 LTH 普遍持有其代幣。此外，LTH 持有的供應量增加，顯示累積活動。

Other metrics, however, paint a less optimistic picture. BTC's exchange reserve is increasing, implying that investors are dumping BTC. Both the Coinbase premium and Korea premium are red, indicating selling sentiment among U.S. and Korean investors.

然而，其他指標卻描繪出一幅不太樂觀的景象。 BTC的外匯存底正在增加，這意味著投資者正在拋售BTC。 Coinbase 溢價和韓國溢價均為紅色，顯示美國和韓國投資者的拋售情緒。

Furthermore, BTC's Fear and Greed Index has reached an "extreme greed" phase (85%). Historically, when the index reaches such levels, it often precedes a price correction.

此外，BTC的恐懼和貪婪指數已達到「極度貪婪」階段（85%）。從歷史上看，當指數達到這樣的水平時，通常會發生價格調整。

Based on these technical indicators, it remains uncertain whether the current bull rally will be sustained. While bullish momentum is evident, the selling sentiment among short-term holders and the "extreme greed" phase suggest caution.

從這些技術指標來看，目前的多頭反彈能否持續仍存在不確定性。雖然看漲勢頭明顯，但短期持有者的拋售情緒和「極度貪婪」階段顯示謹慎態度。

Overall, the recent surge in BTC's price is a positive development, but it is important to consider the potential risks and uncertainties associated with short-term trading.

總體而言，近期比特幣價格的飆升是一個積極的發展，但重要的是要考慮與短期交易相關的潛在風險和不確定性。