比特币（BTC）矿工的决定性突破超过$ 95K，注入新鲜的乐观

比特币的决定性突破超过心理意义的95,000美元，至少在矿工中，对市场注入了新鲜的乐观情绪。

Bitcoin’s decisive break above the psychologically significant $95,000 mark has injected fresh optimism into the market, at least among miners.

比特币的决定性突破超过心理意义的95,000美元，至少在矿工中，对市场注入了新鲜的乐观情绪。

This key milestone, reached on April 28, following a few days of struggle, has triggered a shift in miner sentiment, with on-chain data showing a noticeable uptick in BTC miner reserves over the past few days.

在经过几天的斗争之后，这个关键的里程碑于4月28日达到，引发了矿工情绪的转变，链上的数据显示了过去几天BTC矿工储备明显上升。

According to CryptoQuant, Bitcoin’s miner reserve, which had been in a sustained downtrend, began to rise on April 29, shortly after BTC closed above the $95,000 threshold. For context, the reserve had dropped to a year-to-date low of 1.80 million BTC just a day earlier before reversing course and showing signs of accumulation.

根据CryptoQuant的说法，持续下降趋势的比特币矿工储备将于4月29日开始上升，BTC在95,000美元的门槛以上关闭后不久。就上下文而言，在逆转课程并显示积累迹象之前，预备役降至180万BTC的年度低点。

Bitcoin’s miner reserve tracks the number of coins held in miners’ wallets. It represents the coin reserves miners have yet to sell. When it falls, miners are moving coins out of their wallets, usually to sell, confirming growing bearish sentiment against BTC.

比特币的矿工储备会跟踪矿工钱包中持有的硬币数量。它代表了矿工尚未出售的硬币储备。当它跌倒时，矿工通常将硬币从钱包中移出，通常要出售，证实对BTC的看跌期权。

Conversely, when this metric rises, as it is now, it suggests miners are holding onto more of their mined coins, often reflecting growing confidence in the BTC’s future price appreciation.

相反，当这个指标上升时，它表明矿工正在持有更多的采矿硬币，通常反映出对BTC未来价格欣赏的信心越来越大。

Moreover, the bullish shift in miner sentiment is further supported by the positive miner netflow recorded since April 29. This signals that more coins are being put into miner wallets rather than offloading to exchanges. Such behavior reflects confidence in further upside, as miners, often seen as long-term holders, are choosing to accumulate rather than liquidate.

此外，自4月29日以来记录的积极的矿工Netflow进一步支持了矿工情绪的看涨转变。这表明更多的硬币被放入矿工钱包中，而不是将交易所交换。这种行为反映了对进一步上升空间的信心，因为经常被视为长期持有人的矿工选择积累而不是清算。

However, the sentiment is not universally bullish. While BTC miners are stepping back from selling, derivatives data tells a different story.

但是，这种情感并不是普遍看涨的。当BTC矿工退后一步时，衍生品数据讲了一个不同的故事。

In the futures market, BTC’s funding rate has remained negative since the beginning of May, a sign that a significant portion of traders are betting on a near-term price correction. At press time, the coin’s funding rate is -0.0056%.

在期货市场中，自5月初以来，BTC的融资率一直保持负面状态，这表明大部分交易者正在押注近期价格纠正。发稿时，硬币的资金率为-0.0056％。

The funding rate is a periodic payment exchanged between long and short traders in perpetual futures contracts to keep the contract price aligned with the spot price. When it is positive, it means traders holding long positions are paying those with short positions, indicating that bullish sentiment dominates the market.

筹资率是永久性期货合约中的长交易者和短交易者之间的定期付款，以使合同价格与现货价格保持一致。当它是正面的时，这意味着持有较长职位的交易者正在支付那些职位较短的人，这表明看涨的情绪主导了市场。

On the other hand, a negative funding rate like this signals more short bets than long ones, suggesting bearish pressure on BTC’s price.

另一方面，像这样的负资金率比长赌注更短，这表明对BTC价格的看跌压力。

As traders appear to be bearish in the derivatives market, miners are showing greater optimism, which could ultimately influence the price trends.

随着贸易商在衍生品市场中似乎是看跌，矿工表现出更大的乐观情绪，这最终可能影响价格趋势。

If coin accumulation strengthens, BTC could extend its gains, break above the resistance at $98,515, and attempt to regain the $102,080 price mark.

如果硬币的积累增强，BTC可以延长其增长，超过98,515美元的阻力，并试图重新获得102,080美元的价格。

However, if the bearish bets against the leading coin win and witness a shortfall in demand, its price could fall below $95,000 to reach $92,910.

但是，如果对领先的硬币获胜的看跌赌注并见证了需求不足，其价格可能会低于95,000美元，达到92,910美元。