比特币最近取得了新的历史最高（ATH），在加密爱好者中重新点燃了看涨的情绪

比特币最近取得了新的历史最高（ATH），在加密爱好者中重新点燃了看涨的情绪。但是，随着价格接近新的高位，投资者怀疑主义的持续增长。

Bitcoin (BTC) recently hit a new all-time high (ATH), which ignited bullish sentiment among crypto enthusiasts.

比特币（BTC）最近达到了新的历史高峰（ATH），这激发了加密爱好者的看涨情绪。

However, as the price approaches new highs, investor skepticism is growing, and some investors are locking in profits, creating uncertainty about whether this rally can be sustained.

但是，随着价格接近新的高位，投资者怀疑主义的增长正在增长，一些投资者正在锁定利润，对是否可以维持这一集会造成不确定性。

This analysis will examine the implications of Bitcoin’s Liveliness reaching its highest level in nearly four years and what the trends in new Bitcoin addresses suggest about investor activity.

该分析将研究比特币的活力在近四年来达到其最高水平的含义，以及新比特币地址的趋势对投资者活动的提示。

Bitcoin Long-Term Holders Pulling Out?

比特币长期持有人撤出？

Bitcoin’s Liveleliness, a key metric used to track the activity of long-term holders (LTH), has reached its highest level in nearly four years, according to a recent analysis by Ali in the Bearexplain Telegram channel.

根据Ali最近在Bearexplain Telegram频道中的分析，比特币的生计是用于跟踪长期持有人（LTH）活动（LTH）的关键指标（LTH）近四年来的最高水平。

This increase in Liveliness indicates that LTHs are beginning to sell, signaling that they may be securing their gains after Bitcoin’s recent price surge.

这种生计的增长表明，LTHS开始出售，这表明他们可能在比特币最近的价格飙升后获得收益。

LTHs are typically seen as the backbones of Bitcoin’s price stability, and their selling behavior often suggests that investor sentiment is shifting toward skepticism.

lths通常被视为比特币价格稳定的骨干，他们的销售行为通常表明投资者的情绪正在转向怀疑主义。

When LTHs decide to sell, it marks a turning point in the market. Their selling can lead to increased market volatility and a potential price correction. With more LTHs exiting the market, Bitcoin faces additional pressure, which may hinder further price growth in the short term.

当LTHS决定出售时，它标志着市场的转折点。他们的销售会导致市场波动的增加和潜在的价格更正。随着更多的LTH离开市场，比特币面临额外的压力，这可能会在短期内妨碍进一步的价格增长。

New Bitcoin Addresses Show Slowdown

新的比特币地址显示放缓

The growth of new Bitcoin addresses has been highly volatile this month. The number of new addresses reached new highs earlier in the month, but now, the chart shows a sharp decline with the last two days seeing especially low numbers.

本月新的比特币地址的增长非常波动。本月初的新地址数量达到了新的高点，但现在，图表显示出急剧下降，过去两天的数量尤其少。

This slowdown in address growth suggests that fewer new investors are entering the market, and some existing holders are choosing to withdraw their funds.

地址增长的这种放缓表明，新的投资者进入市场，一些现有持有人选择撤回其资金。

It could indicate a purging of wallets, a move typically seen during periods of rising skepticism.

它可能表明清除钱包，这是在怀疑时期上升时通常看到的举动。

Compared to April, address growth has been considerably more erratic this month. As Bitcoin’s price climbs, investors are becoming more cautious and focused on securing their profits.

与4月相比，本月的地址增长更加不稳​​定。随着比特币的价格上涨，投资者变得越来越谨慎，并专注于确保其利润。

The volatility in new address growth reflects the uncertainty surrounding Bitcoin’s future price action, with investors remaining wary of the long-term sustainability of this rally.

新地址增长的波动率反映了比特币未来价格行动的不确定性，投资者对此集会的长期可持续性保持警惕。

BTC Price Not Too Far From ATH

BTC价格离ATH不远

Bitcoin’s price is currently at $106,708, just under 5% from its ATH of $111,980, which was reached last week. However, the path to reaching this level again depends largely on how investors react to the current market conditions.

比特币的价格目前为106,708美元，比上周达到的111,980美元的ATH不到5％。但是，再次达到这一水平的途径在很大程度上取决于投资者对当前市场状况的反应。

If skepticism and selling continue, Bitcoin may face difficulty regaining its bullish momentum.

如果持怀疑态度和销售继续，比特币可能会在重新获得其看涨势头方面面临困难。

If the price continues to slide, Bitcoin may struggle to recover. A break below the support level of $106,265 could lead to further declines, potentially pushing the price down to $105,000 or even $102,734 in the short term.

如果价格继续下跌，比特币可能难以恢复。低于106,265美元的支持水平的休息可能会导致进一步下降，可能会在短期内将价格降至105,000美元甚至102,734美元。

However, if Bitcoin manages to hold above $106,265 and sees renewed buying interest, it could easily invalidate the bearish outlook. A breach of the $110,000 resistance level would provide the momentum needed to push through $111,980, paving the way for a new ATH.

但是，如果比特币设法持有超过106,265美元的股份并看到新的购买利息，则很容易使看跌前景无效。违反110,000美元的电阻水平将提供推动$ 111,980的势头，为新的ATH铺平了道路。