随着长期持有者继续增持，比特币（BTC）交易所储备创下历史新低

尽管比特币在最近一次减半事件发生 287 天后进行了价格调整，但链上指标表明基本面仍然强劲。

Bitcoin on-chain metrics continue to showcase strong fundamentals despite a price correction 287 days after the most recent halving event.

尽管在最近一次减半事件发生 287 天后价格出现回调，但比特币链上指标继续展现出强劲的基本面。

According to insights shared by crypto analyst TheLordofEntry, several key indicators suggest a rise in continued demand and strong holder behavior despite the recent short-term volatility.

根据加密货币分析师 TheLordofEntry 分享的见解，几个关键指标表明，尽管近期出现短期波动，但需求持续增长，持有者行为强劲。

Bitcoin reserves on exchanges hit an ALL-TIME LOW! ?

交易所的比特币储备创历史新低！ ?

Bitcoin reserves on exchanges have continued to decline, a trend that might indicate that investors are opting to hold rather than sell their BTC. This decline in exchange reserves is often viewed as a bullish signal and could also indicate a reduction in immediate selling pressure.

交易所的比特币储备持续下降，这一趋势可能表明投资者选择持有而不是出售比特币。外汇储备的下降通常被视为看涨信号，也可能表明当前抛售压力有所减轻。

Active addresses and transaction volume on the Bitcoin network remain high, denoting sustained on-chain activity despite the price correction.

比特币网络上的活跃地址和交易量仍然很高，这表明尽管价格调整，但链上活动仍在持续。

The analyst also highlighted major changes in the derivatives market. As per the data shared by the analyst, derivative market positions have decreased substantially, indicating a reduction in leverage among traders.

该分析师还强调了衍生品市场的重大变化。根据分析师分享的数据，衍生品市场头寸大幅下降，表明交易者的杠杆率有所下降。

Long term holders continue scooping up Bitcoin

长期持有者继续买入比特币

Finally, investor behavior pinpoints that long-term holders are continuing to accumulate BTC while short-term holders are exhibiting signs of selling.

最后，投资者行为表明，长期持有者正在继续积累比特币，而短期持有者则表现出抛售迹象。

The analyst suggests that long-term trends might remain positive, based on the accumulation patterns of seasoned investors and the declining exchange reserves.

分析师表示，基于经验丰富的投资者的积累模式和不断下降的外汇储备，长期趋势可能仍然乐观。

Bitcoin has struggled to maintain its positive trajectory ever since it hit a new all-time high of $73,700 in March. Even though BTC managed to climb back to the $65,000 level, several market conditions dragged the price below the $60,000 level.

自 3 月份触及 73,700 美元的历史新高以来，比特币一直难以保持其积极的轨迹。尽管 BTC 成功回升至 65,000 美元的水平，但多种市场状况将价格拖至 60,000 美元以下。

BTC is now hovering in the $62,600 level at press time as the global crypto market cap is down by over 1.6% in the last 24 hours.

截至发稿时，比特币目前徘徊在 62,600 美元的水平，全球加密货币市值在过去 24 小时内下跌了超过 1.6%。