GlassNode的積累趨勢得分已達到其最大值1.0

GlassNode的累積趨勢得分已達到1.0的最大值，這表明投資者的基於廣泛的積極積累，而與他們已經持有的BTC數量無關。

Glassnode's Accumulation Trend Score, designed to measure the strength of buying activity across different investor cohorts, has reached its maximum value of 1.0, highlighting a broad-based and aggressive accumulation pattern.

GlassNode的累積趨勢得分旨在衡量不同投資者隊列購買活動的強度，其最大值為1.0，突出了一種基於廣泛的積極積累模式。

The metric, which analyzes the relative buying strength across wallet cohorts based on their existing bitcoin holdings and the amount accumulated over the past 15 days, reached 1.0 in the latest reading. It excludes exchange and miner wallets to avoid any potential distortion of the analysis.

該指標根據現有的比特幣持有量以及過去15天積累的數量來分析錢包同伙的相對購買強度，在最新閱讀中達到了1.0。它不包括交換和礦工錢包，以避免分析的任何潛在變形。

The analysis begins with the largest “whale” cohort, holding over 10,000 BTC, which began its latest accumulation phase in early May. As the price rose, cohorts with smaller holdings, such as those holding 1,000 to 10,000 BTC, followed suit, increasing their buying activity and converging on similar levels of relative buying strength.

分析始於最大的“鯨魚”隊列，持有10,000多個BTC，該隊列於5月初開始了最新的積累階段。隨著價格上漲，人群擁有較小的持股，例如那些擁有1,000至10,000 BTC的人，也隨之而來，增加了他們的購買活動並以相似的相對購買強度融合。

This stands in stark contrast to the period from January to April, when most cohorts were largely reducing their holdings as bitcoin slid from its then-record high of $109,000 to lows around $75,000.

這與從一月到四月的時期形成鮮明對比，當時大多數同夥在很大程度上將其持有量從當時的紀錄高點減少到109,000美元，從而低於75,000美元的低點。

Renewed demand is also evident in options market activity, with large bullish positions observed, according to data from CoinDesk Research.

根據Coindesk Research的數據，在期權市場活動中的新需求也很明顯，並且觀察到了大的看漲立場。

The $300,000 strike for June expiry has emerged as the most popular call option, with $620 million in notional value, while another cluster of $420 million is at the $200,000 strike.

6月到期的300,000美元罷工已成為最受歡迎的呼叫選項，其名義價值為6.2億美元，而另一個4.2億美元的集群為20萬美元。

Typically, bitcoin tends to decline after reaching an all-time high as investors engage in profit-taking activities. However, traditional assets, such as the S&P 500 and gold, often continue their rallies in a more gradual manner.

通常，隨著投資者從事盈利活動，比特幣往往會下降。但是，傳統資產，例如標準普爾500指數和黃金，通常以更逐步的方式繼續集會。

If bitcoin were to exhibit a similar pattern of sustained buying pressure after a period of rapid price increase, it may indicate the beginning of a sustained bull cycle, a development that many market participants are keenly observing.

如果比特幣在價格上漲一段時間後表現出類似的持續購買壓力模式，則可能表明持續的牛週期的開始，這一發展是許多市場參與者敏銳地觀察的。