長期比特幣持有者拋售，為加密貨幣分析師帶來危險訊號

隨著長期比特幣持有者拋售所持比特幣引發擔憂，加密貨幣分析師發出了危險信號。根據 CryptoCon 報導，這些持有者的活動激增表明了拋售舊幣的趨勢。 「銷毀代幣天數」指標反映了這一點，顯示休眠代幣的流動顯著增加。長期持有者拋售的增加在加密貨幣社區引起了轟動。

Are Long-Term Bitcoin Holders Unloading?

長期比特幣持有者正在拋售嗎？

Crypto analysts are raising the red flag over a surge in activity by long-term Bitcoin holders. CryptoCon reports a spike in the spending and transfer of old coins, indicating that investors who've held BTC for a while are hitting the sell button.

加密貨幣分析師對長期比特幣持有者的活動激增發出了危險信號。 CryptoCon 報告稱，舊代幣的支出和轉移激增，表明持有 BTC 一段時間的投資者正在按下賣出按鈕。

This trend is reflected in the "coin days destroyed" metric, which measures the number of coins moved and their dormancy period before transfer. A high coin days destroyed value suggests that a lot of BTC is being sold by long-term holders.

這一趨勢反映在「幣銷毀天數」指標中，該指標衡量移動的幣數量及其在轉移前的休眠期。較高的代幣銷毀天數表示長期持有者正在出售大量比特幣。

Historical Significance

歷史意義

Historically, such sell-offs have coincided with market tops for Bitcoin. Analysts note only a few instances where this level of long-term holder selling didn't signal a price ceiling: during the 2018 bear market and a consolidation period in 2019.

從歷史上看，這種拋售與比特幣的市場頂部同時發生。分析師指出，只有少數情況表明，這種長期持有者拋售水準並不預示著價格上限：2018年熊市和2019年盤整期。

Near-Term Implications

近期影響

Analysts are concerned about BTC's near-term trajectory. Some speculate that this could be a prelude to new highs, while others worry that it's an early sign of an overheated bull cycle and a potential correction.

分析師對比特幣的近期走勢感到擔憂。有些人猜測這可能是新高的前奏，而有些人則擔心這是牛市週期過熱和潛在修正的早期跡象。

Forecasting a Pullback

預測回調

EGRAG CRYPTO, a crypto strategist, draws parallels to the 2017 market cycle and predicts a 30-40% pullback for Bitcoin in the coming months before the uptrend resumes. During the 2017 bull run, Bitcoin saw several corrections before reaching record prices.

加密貨幣策略師 EGRAG CRYPTO 將 2017 年的市場週期與 2017 年的市場週期進行了比較，並預測比特幣在未來幾個月恢復上升趨勢之前將回調 30-40%。在 2017 年牛市期間，比特幣在達到創紀錄價格之前經歷了幾次調整。

Alternative Views

另類觀點

Not all analysts believe a deep retracement is inevitable. Some remain optimistic that Bitcoin will continue to grind higher, allowing other cryptocurrencies like Ethereum and Solana to surge against BTC.

並非所有分析師都認為深度回調是不可避免的。有些人仍然樂觀地認為比特幣將繼續走高，從而使以太坊和 Solana 等其他加密貨幣相對於 BTC 的價格飆升。

Crucial Test

關鍵測試

The next few weeks will be a critical test for BTC. If it can overcome this latest round of long-term holder profit-taking and push past resistance, it could pave the way for another leg up. However, a rejection could leave Bitcoin vulnerable to a more prolonged pullback.

接下來的幾週將是對 BTC 的關鍵考驗。如果它能夠克服最新一輪長期持有者獲利了結並突破阻力，則可能為另一次上漲鋪平道路。然而，拒絕可能會使比特幣容易遭受更長時間的回檔。

Additional Insights

額外的見解

For more insights, check out our article on BlockDAG's impressive performance in 2024, which has outpaced its peers Stack and ONDO despite their own strong showings.

如需更多見解，請查看我們關於 BlockDAG 在 2024 年令人印象深刻的表現的文章，儘管其表現強勁，但仍超過了同行 Stack 和 ONDO。