儘管市場狀況正在衰落，但比特幣的價格遠高於103,000美元的價格。

儘管市場條件下降，比特幣的價格高於103000美元的價格，這表明其強大的彈性和最近的上升趨勢的實力。

Bitcoin’s price has pulled back slightly, but several technical indicators suggest that the asset’s uptrend may continue.

比特幣的價格略有下降，但是一些技術指標表明，資產上升趨勢可能會持續下去。

As Bitcoin prepares for another rally, on-chain data platform Glassnode highlighted a key shift among BTC’s long-term holders.

隨著比特幣為另一個集會的鍊鍊數據平台玻璃節點做準備，強調了BTC的長期持有人之間的關鍵轉變。

The post Bitcoin LTHs Increase Spending Sharply As BTC Price Pulls Back appeared first on Coin୪.

隨著BTC價格退縮首先出現在硬幣୪上，比特幣LTHS急劇增加了支出。

Bitcoin’s price has pulled back slightly. However, several technical indicators suggest that the asset’s uptrend may continue.

比特幣的價格略有下降。但是，一些技術指標表明資產的上升趨勢可能會繼續。

Moreover, as the flagship asset gears up for another rally, on-chain data platform Glassnode has underlined a key shift among BTC’s long-term holders, often considered seasoned investors.

此外，隨著旗艦資產為另一個集會做好準備，鏈接數據平台玻璃節強調了BTC的長期持有人之間的關鍵轉變，通常被認為是經驗豐富的投資者。

After a period of steady accumulation and HODLing behavior, long-term BTC holders’ supply has shown hesitancy as prices grow. This indication of hesitancy has raised concerns about Bitcoin’s uptrend and whether these investors are starting to reevaluate their positions in response to waning price performances.

經過一段時間的穩定積累和霍德行為，長期的BTC持有人的供應表明隨著價格的增長而猶豫。這種猶豫的跡象引起了人們對比特幣上升趨勢的擔憂，以及這些投資者是否開始重新評估其對價格下降的職位。

Long-Term Holders' Supply Declines

長期持有人的供應下降

According to Glassnode, the Long-Term Holder (LTH) SOurceReam ticked down for the second consecutive time in May, signaling weakened conviction among seasoned holders.

根據GlassNode的說法，長期持有人（LTH）sourceream在5月的第二次連續第二次滴定，表明經驗豐富的持有人的信念減弱了。

The decrease follows an increase in the holders’ supply, which was 13.66 million BTC in the middle of March and is now about 14.29 million BTC.

下降是在3月中旬的持有人的供應量增加之後，BTC的供應量增加了1,366萬，現在約為1429萬BTC。

The on-chain platform further noted that BTC’s LTHs spending experienced a notable surge, reaching the 0.43 range as indicated by the LTH Spending Binary Indicator in the seven-day time frame.

該鏈平台進一步指出，BTC的LTHS支出經歷了顯著的激增，達到了0.43範圍，如第7天的時間範圍內LTH支出二進制指標所示。

Thus, Glassnode has flagged this development as one that demands close monitoring because these inflections tend to escalate rapidly, often leading to local market tops.

因此，GlassNode將這一開發標記為需要密切監視的發展，因為這些變化往往會迅速升級，通常會導致本地市場上漲。

Even though Bitcoin’s LTH supply decline may not yet signal weakness, it adds a level of complexity to the asset’s renewed upward movements.

即使比特幣的LTH供應下降可能尚未表明弱點，但它增加了資產更新的向上移動的複雜程度。

If this trend continues, it is likely to influence BTC’s direction, potentially leading to a correction in the short term.

如果這種趨勢繼續下去，它可能會影響BTC的方向，這可能會在短期內進行糾正。

BTC LTHs' Realized Price Increases

BTC LTHS實現的價格上漲

In another report on the X platform, Glassnode highlighted a rise in BTC’s long-term holders’ realized price.

在X平台的另一份報告中，GlassNode強調了BTC的長期持有人實現的價格上漲。

Examining the Bitcoin Long/Short-Term Holders On-Chain Basis, the metric shows that LTHs’ realized price has increased to the $45,340 level, indicating an important turning point that highlights the growing conviction of seasoned investors.

該指標在檢查比特幣長/短期持有人時表明，LTHS的實現價格已提高到45,340美元，這表明一個重要的轉折點突出了對經驗豐富投資者的信念日益增長。

The Bitcoin Long/Short-Term Holders On-Chain Basis, which represents the average purchase cost of Bitcoin held for 155 days or more, has been steadily increasing, indicating that long-term holders are calmly accumulating the asset at higher price levels.

比特幣長/短期持有人鏈，代表了155天或更長時間持有的比特幣的平均購買成本，這表明長期持有人正平靜地以更高的價格水平積累了資產。

According to Glassnode, this reflects the aging of coins purchased between the $90,000 to $100,000 price range transitioning into long-term status.

根據GlassNode的說法，這反映了購買的90,000美元至100,000美元的價格範圍內購買的硬幣的老化。

With the 155-day cut-off, the metric shows that BTC buyers from December 24 are now classified as long-term holders, which progressively raises the group’s cost basis.

隨著155天的截止，該指標表明，從12月24日起的BTC買家現在被歸類為長期持有人，這逐漸提高了集團的成本基礎。

A consistent rise in the cohort’s cost basis supports the thesis that seasoned investors are still optimistic about BTC’s future performance.

該隊列的成本基礎的一致上升支持了以下論點：經驗豐富的投資者對BTC的未來表現仍然樂觀。