比特币二进制CDD尚未与以前的顶部达到同一峰值，这次会有所不同吗？

在一个隐秘的QuickTake帖子中，一位分析师谈到了比特币二进制CDD的最新趋势。

On-chain data shows the Bitcoin Binary CDD is yet to reach the same peak as during the last few tops in the cryptocurrency’s price.

链上的数据显示，比特币二进制CDD尚未达到与加密货币价格的最后几个高峰期间相同的峰值。

30-Day MA Of Bitcoin Binary CDD Is Currently Sitting Around 0.6

比特币二进制CDD的30天MA目前位于0.6左右

In a CryptoQuant Quicktake post, an analyst has talked about the latest trend in the Binary CDD for Bitcoin. The “Coin Days Destroyed” (CDD) is an on-chain indicator that tracks the total number of ‘coin days’ being destroyed.

在一个隐秘的QuickTake帖子中，一位分析师谈到了比特币二进制CDD的最新趋势。 “销毁硬币日”（CDD）是一个链上指标，该指标跟踪被摧毁的“硬币天数”的总数。

A coin day is a quantity that one token of the cryptocurrency accumulates after having stayed dormant on the blockchain for one day. When a coin that was previously still for some number of days is moved across the network, its coin days counter naturally resets to zero, and the coin days that it had accumulated are said to be ‘destroyed.’

硬币日是一个加密货币的一个令牌在停留在区块链上一天之后积累的。当以前仍然持续一段时间的硬币在整个网络上移动时，其硬币天自然将其重置为零，并且据说它积累的硬币日被“摧毁”。

Whenever the CDD registers a large spike, it’s a sign that dormant hands on the network are on the move. Generally, the long-term holders only break their silence when they plan to sell, so this kind of trend can be bearish for BTC.

每当CDD记录一个大尖峰时，这是一个迹象表明网络上休眠的手正在移动。通常，长期持有人只有在打算出售时就打破沉默，因此这种趋势对于BTC来说可能是看跌的。

The Binary CDD, the actual indicator of interest in the current discussion, makes it easier to identify whether the current HODLer transaction activity is significant or not when compared to the past.

二进制CDD是当前讨论中感兴趣的实际指标，它使确定与过去相比，当前的霍德勒交易活动是否显着。

As its name already suggests, this metric can take on two values: 0 and 1. The Binary CDD is equal to 0 when the CDD is below the historical average and 1 when it’s above.

顾名思义，该指标可以采用两个值：0和1。当CDD低于历史平均水平时，二进制CDD等于0，而当CDD高于历史平均值时。

Now, since the indicator is making a historical comparison, another weighting factor is applied to the CDD: an adjustment with respect to the total circulating supply at the time. This is done because the asset’s supply is going up with time.

现在，由于指标正在进行历史比较，因此将另一个加权因子应用于CDD：对当时总循环供应的调整。之所以这样做，是因为资产的供应随着时间的流逝而增加。

Here is a chart from the analyst that shows the trend in the 30-day moving average (MA) of the Bitcoin Binary CDD over the last few years:

这是分析师的图表，显示了过去几年比特币二进制CDD的30天移动平均线（MA）的趋势：

As is visible in the above graph, the 30-day MA Bitcoin Binary CDD has been following an upward trajectory recently, implying long-term holders are potentially becoming more active. The increase in the indicator has come as BTC has started on a fresh rally that has taken its price close to the all-time high (ATH).

如上图中可见的那样，最近30天的MA比特币二进制CDD最近遵循了向上的轨迹，这意味着长期持有人可能会变得更加活跃。指标的增加是因为BTC开始了一次新的集会，该集会的价格接近了历史最高的高价（ATH）。

While the long-term holders tend to be resolute entities, they do still come out to take their profits during significant price uptrends. As such, the recent trend in the 30-day MA of the Binary CDD may not be too surprising.

尽管长期持有人往往是坚决的实体，但在大幅上涨趋势中，他们仍然确实会夺取利润。因此，二进制CDD 30天MA的最新趋势可能并不太奇怪。

Following the latest continuation to the rise, the metric has hit the 0.60 mark (if the fact that this value is different from the 0 and 1 of the Binary CDD is confusing, consider that this is just an average over 30 days, which would almost always be in-between these two extremes).

在最新延续到达升级之后，该度量达到了0.60的标记（如果该值与二进制CDD的0和1不同的事实令人困惑，请考虑这只是30天以上的平均值，这几乎总是在这两个极端之间存在）。

As the analyst has highlighted in the chart, this value is still below the 0.80 level that the indicator breached during both the rally highs from last year, as well as during the euphoria phase of the 2021 bull run.

正如分析师在图表中突出的那样，该值仍低于指标在去年的拉力赛高点以及2021年公牛运行的欣快阶段的0.80水平。

Given this pattern, it’s possible that the current Bitcoin rally could still have room to grow, at least from the perspective of HODLer distribution.

鉴于这种模式，至少从霍德勒分布的角度来看，当前的比特币集会可能仍然有生长的空间。

BTC Price

BTC价格

At the time of writing, Bitcoin is trading at around $102,300, registering an increase of over 3% in the seven days.

在撰写本文时，比特币的交易价格约为102,300美元，在7天内增长了3％以上。