10x 研究預測，隨著銷售量激增，比特幣價格將急劇下跌至 5 萬美元

據 10x Research 權威人士（來自 Cointelegraph）稱，比特幣預計將從 7 月 4 日的 60,000 美元以上跌至 57,000 美元以下。

Bitcoin price is set to drop below $57,000 as accelerating sell flows and a marked decrease in buy flows have caused the BTC price to drop from over $60,000 on July 4. The price may continue to drop to $50,000.

比特幣價格預計將跌至 57,000 美元以下，因為拋售流量加速，而購買流量明顯減少，導致 BTC 價格從 7 月 4 日的 60,000 美元以上下跌。

The psychological $60,000 benchmark was breached, leading to a rapid shift in market sentiment. This shift is attributed to the fact that buy flows have dried up while sell flows are accelerating, according to 10x Research.

6 萬美元的心理基準被突破，導致市場情緒迅速轉變。 10x Research 表示，這種轉變是由於買入流已經枯竭而賣出流正在加速這一事實。

“Our data from early June already hinted at an overbought market ripe for correction,” 10x Research analyst Markus Thielen said of the downtrend.

10x Research 分析師馬庫斯·蒂倫 (Markus Thielen) 在談到下行趨勢時表示：“我們 6 月初的數據已經暗示，市場已經處於超買狀態，需要進行修正。”

The steep 5.44% decrease in the Bitcoin price has impacted investor sentiment and market liquidity, as evident in the 57% increase in trading volume and the $1.1 billion market capitalization of BTC, respectively.

比特幣價格暴跌 5.44%，影響了投資者情緒和市場流動性，從比特幣交易量成長 57% 和市值 11 億美元即可看出。

As the 10x Research report noted, the price drop could accelerate as sellers seek liquidity and support is breached, following the breaking of the “key level for Bitcoin miners and spot Bitcoin ETF buyers.”

正如 10x 研究報告指出的那樣，隨著賣家尋求流動性，並且在「比特幣礦商和現貨比特幣 ETF 買家的關鍵水平」被突破後，價格可能會加速下跌。

The sell-off coincides with the anticipated commencement of Mt. Gox repayments in July, amounting to $8.5 billion in BTC.

此次拋售恰逢 Mt. Gox 預計 7 月開始償還 BTC，金額達 85 億美元。

“Only ill-informed traders are willing to buy here,” the 10x Research report states following the breach of $60,000 support.

10x 研究報告在突破 60,000 美元支撐位後指出：“只有消息不靈通的交易者才願意在這裡買入。”

10x Research Urges Caution as Long-Term Bitcoin Holders Cash Out, Heightening Market Volatility

10x 研究敦促長期比特幣持有者套現，加劇市場波動，需保持謹慎

The 10x Research report advises caution regarding the BTC price and urges speculators to prioritize risk management in light of the continuing volatility.

10x 研究報告建議對 BTC 價格保持謹慎，並敦促投機者鑑於持續波動，優先考慮風險管理。

“We warned that this was not the time to be complacent.”

“我們警告說，現在不是自滿的時候。”

According to the latest analysis by IT Tech, the downtrend is driven by long-term holders cashing out substantial profits.

根據IT Tech的最新分析，下跌趨勢是由長期持有者套現大量利潤推動的。

On July 3, the Spent Output Profit Ratio (SOPR) for long-term holders exceeded 10, indicating that the BTC was sold for at least 10 times the initial purchase price.

7 月 3 日，長期持有者的支出產出利潤率（SOPR）超過 10，顯示 BTC 的出售價格至少是初始購買價格的 10 倍。

The analysis suggests that the selling pressure in the market is being exacerbated by long-term BTC holders, who typically hold their coins for periods ranging from five to seven years.

分析表明，長期比特幣持有者（通常持有比特幣的期限為五到七年）正在加劇市場的拋售壓力。

Photo: Microsoft Bing

照片：微軟必應