自2025年1月以來，現場比特幣ETF流入量最高。

流入到2016年12月最後一次出現的交換水平。 Bitcoin的負資金率可能會縮短。 BTC價格高於主要移動平均值，現在可以提供支持。

Key takeaways:

關鍵要點：

Spot Bitcoin ETF inflows are at their highest since January 2025.

自2025年1月以來，現場比特幣ETF流入量最高。

Inflows to exchanges down to levels last seen in December 2016.

流入到2016年12月最後一次交換的水平。

Bitcoin’s negative funding rates could set up a short squeeze.

比特幣的負資金率可能會很短。

BTC price is above major moving averages, which can now provide support.

BTC價格高於主要移動平均值，現在可以提供支持。

Bitcoin’s BTCUSD price rose to a new range high at $94,700 on April 23, its highest value since March 2.

比特幣的BTCUSD價格上漲至4月23日的最高價值，至94,700美元，至94,700美元。

Several analysts say the next psychological resistance remains at $95,000, and the price might drop to test support levels below.

幾位分析人士說，下一個心理阻力仍為95,000美元，價格可能會降至下面的支持水平。

“The $94K–$95K zone is clearly the resistance to beat,” said Swissblock in an April 24 post on X.

Swissblock在4月24日的X上發表了Swissblock說：“ $ 94K - $ 95K的區域顯然是擊敗的阻力。”

The onchain data provider asserted that the next logical move for Bitcoin would be a pullback toward the $90,000 zone to gain momentum for a move higher.

OnChain數據提供商斷言，比特幣的下一個邏輯舉動將是向90,000美元區域的回調，以獲得更高的動力。

“The $89K–$90K zone could be next to test bulls, but with BTC’s structure strength, these dips are for buying.”

“售價8.9萬美元 - $ 90K的區域可能接近測試公牛，但是憑藉BTC的結構強度，這些傾角是用於購買的。”

Popular Bitcoin analyst AlphaBTC opined that the asset will likely consolidate in the $93,000-$95,000 range “before pushing higher to take liquidity above 100K.”

受歡迎的比特幣分析師Alphabtc認為，該資產可能會鞏固93,000-95,000美元的範圍，“在推動更高的流動性高於100K之前”。

Several bullish signs suggest that BTC is well-positioned to break above $95,000 in the following days or weeks.

幾個看漲的跡象表明，在接下來的幾天或幾週內，BTC的位置良好，可在95,000美元以上中斷$ 95,000。

Bitcoin ETF demand rebounds

比特幣ETF需求籃板

One factor supporting the Bitcoin bull argument is resurgent institutional demand, reflected by significant inflows into spot Bitcoin exchange-traded funds.

支持比特幣公牛論點的一個因素是複興的機構需求，這反映在現貨比特幣交易所交易資金中。

On April 22 and April 23, spot Bitcoin ETFs saw a net flow totaling $936 million and $917 million, respectively, according to data from SoSoValue.

根據Sosovalue的數據，在4月22日和4月23日，現場比特幣ETF的淨流量分別為9.36億美元和9.17億美元。

This makes the past two days the ones with the highest daily outflows since January 2025 and more than 500 times the 2025 daily average.

這使過去兩天是自2025年1月以來每日流出最高的人，是2025年平均每日的500倍以上。

This trend reflects growing confidence among traditional finance players, as observed by market analysts like Jamie Coutts, who noted global liquidity hitting new all-time highs, historically fueling asset price rallies.

正如傑米·庫茨（Jamie Coutts）等市場分析師所觀察到的那樣，這種趨勢反映了傳統金融參與者之間的信心越來越大。

suggest that the apex cryptocurrency is poised to continue rising in the coming days or weeks.

表明Apex加密貨幣有望在未來幾天或幾週內繼續上升。

Coins draining from exchanges

交換中排出的硬幣

The trend of decreasing Bitcoin exchange inflows continues, suggesting a potential reduction in sell pressure.

降低比特幣交換流入流入的趨勢仍在繼續，這表明銷售壓力的潛在降低。

The total amount of coins transferred to the exchanges has dropped from a year-to-date high of 97,940 BTC on Feb. 25 to 45,000 BTC on April 23, according to data from CryptoQuant.

根據CryptoFunfant的數據，轉移到交易所的硬幣總數已從2月25日的97,940 BTC下降到4月23日的45,000 BTC。

This is reinforced by a reduction in the number of addresses depositing Bitcoin to exchanges, which has been “steadily declining since 2022,” according to CryptoQuant analyst Axel Adler Jr.

根據CryptoQuant分析師Axel Adler Jr的說法，通過減少將比特幣的地址存放到交換的地址數量減少來加強這一點。

He highlights that this metric’s 30-day moving average has dropped to 52,000 BTC, a level last seen in December 2016.

他強調，該指標的30天移動平均線降至52,000 BTC，這是2016年12月最後一次出現的水平。

“This trend is bullish in itself,” as it represents a fourfold reduction in coin sales over the last three years, the analyst said, adding:

分析師說：“這種趨勢本身就是看漲的，因為它代表了過去三年中硬幣銷售的四倍。

“If we look at the big picture, we can see that the total amount of coins entering exchanges has dropped significantly, especially compared to the beginning of the year.”

“如果我們看一下大局，我們可以看到，進入交流的硬幣總量已經大大下降，尤其是與年初相比。”

The decrease in coins entering exchanges suggests that there might be less sell pressure on the market.

進入交易所的硬幣的減少表明，市場上的銷售壓力可能較小。

Negative funding rates can fuel BTC rally

負資金率會加劇BTC集會

Bitcoin price has rebounded to levels last seen in early March, but futures trades are not entirely on board yet.

比特幣的價格已經反彈至3月初最後一次出現的水平，但期貨交易尚未完全登機。

Bitcoin’s perpetual futures funding rates remained negative between April 22 and April 23, despite the price rising by 11% over the same period, data from Glassnode shows.

GlassNode的數據顯示，儘管同期價格上漲了11％，但比特幣的永久期貨融資率仍然為4月22日至4月23日。

Negative funding rates imply that shorts are paying longs, reflecting a bearish sentiment that can fuel a short squeeze as prices rise.

負資金率意味著短褲的渴望，反映出一種看跌的情緒，隨著價格上漲，可能會加劇短暫的擠壓。

In an April 22 post on X, CryptoQuant contributor Darkfost highlighted a similar divergence in Bitcoin’s price and Binance funding rates.

在4月22日在X上發表的帖子中，CryptoFant貢獻者DarkFost強調了比特幣的價格和二手資金融資率的類似分歧。

“Whereas BTC continues to climb, funding rates on Binance have turned negative, currently sitting at around -0.006 at the time of writing,” Darkfost explained.

Darkfost解釋說：“儘管BTC繼續攀升，但託管的籌資速率已變為負面，目前在撰寫本文時坐在-0.006左右。”

He added that this is a rare occurrence, which has historically been followed by significant rallies, like Bitcoin’s surge from $28,000 to $73,000 in October 2023, and from $57,000 to $108,000 in September 2024.

他補充說，這是一種罕見的事件，在歷史上一直是重大集會，例如2023年10月的比特幣的增長從28,000美元到73,000美元，從2024年9月的57,000美元到108,000美元。

If history repeats itself, Bitcoin may rally from the current levels, breaking above the resistance at $95,000 toward $100,000.

如果歷史重演，比特幣可能會從目前的水平上升起，超過95,000美元的阻力，跌至100,000美元。

BTC trades above the 200-day SMA

BTC交易超過200天SMA

On April 22, Bitcoin price rose above a key level:

4月22日，比特幣價格上漲了關鍵水平：