比特币（BTC）的势头暂停，但市场趋势仍然积极

本周早些时

Bitcoin’s (BTC) momentum, which pushed the asset to a fresh all-time high of over $111,000 earlier this week, appears to have paused slightly heading into the weekend.

比特币（BTC）的势头将资产推向了本周早些时候的新鲜高点，超过111,000美元，似乎已经暂停了周末。

As of the time of writing, BTC is trading at $108,499, marking a 2.4% decline over the past 24 hours. However, the majority of recent gains have been held, and the asset remains just below its record peak set yesterday.

截至撰写本文时，BTC的交易价格为108,499美元，在过去24小时内下降了2.4％。但是，最近的大部分收益已经达到，资产仍然低于昨天的纪录峰值。

Recent price action has coincided with an increase in on-chain signals, suggesting that large players are returning to the market. Notably, analysts are closely monitoring activity from major crypto exchanges like Binance, which have historically played a significant role in price discovery and market direction.

最近的价格行动与链上信号的增加相吻合，这表明大型参与者正在返回市场。值得注意的是，分析师正在密切监视Binance等主要加密交易所的活动，这些活动历来在价格发现和市场方向中发挥了重要作用。

Binance Whale Activity Sparks Volatility Watch

Binance Whale活动火花波动观看

In a recent QuickTake post by CryptoQuant contributor Crazzyblockk, titled “Binance Whale Activity Spikes — Eyes on the Market,” the analyst highlighted a surge in whale activity on Binance.

在Cryptofant贡献者Crazzyblockk的最近一篇QuickTake帖子中，标题为“ Binance Whale Activity Spikes - 在市场上的眼睛”，分析师强调了鲸鱼育种活动的激增。

According to his observations, the Binance Whale Activity Score has seen a sharp rise. This metric, which measures inflow and outflow behavior of the top 10 whale wallets on Binance, indicates that large holders are actively repositioning.

根据他的观察，Binance Whale活动得分急剧上升。该指标可以测量二名鲸鱼钱包的流入和流出行为，表明大型持有人正在积极重新定位。

These movements can be early indicators of upcoming volatility and directional shifts in the market. Inflow spikes from whales may point to potential distribution or strategic selling, while outflow surges often signal accumulation or redeployment of capital to other platforms.

这些运动可能是即将到来的波动性和定向转变的早期指标。鲸鱼的流入峰值可能指向潜在的分布或战略销售，而流出的潮流通常会表明积累或重新部署资本到其他平台。

The significance of these whale movements lies in their historical tendency to precede major price developments. According to Crazzyblockk, Binance remains a central venue for price formation, making it critical to observe whale patterns there.

这些鲸鱼运动的意义在于它们的历史趋势，即先前价格发展。根据Crazzyblockk的说法，Binance仍然是价格形成的核心场所，因此观察那里的鲸鱼模式至关重要。

He concluded that these inflow-outflow fluctuations could introduce higher liquidity and possibly increased volatility in the short term.

他得出的结论是，这些流出流动的波动可能会引入更高的流动性，并可能在短期内提高波动性。

Spot Market Data Points to Renewed Buyer Interest

现货市场数据点，以更新买方利息

Complementing these observations is a report from another CryptoQuant analyst, Ibrahimcosar, who identified a positive shift in spot market behavior.

补充这些观察结果是另一位加密分析师Ibrahimcosar的报告，他确定了现货市场行为的积极转变。

According to the analyst, the Spot Taker CVD (Cumulative Volume Delta) over the past 90 days has turned green again. This metric reflects the difference between taker buy and taker sell volumes and serves as a proxy for real-time demand.

根据分析师的说法，过去90天的现场Taker CVD（累积体积达美）再次变成绿色。该度量标准反映了Taker Buy和Taker卖方销售量之间的差异，并作为实时需求的代理。

A green phase indicates that market buy orders have become dominant, suggesting that buyers are regaining control. In previous months, the same chart showed mostly red values, which may indicate the presence of strong selling pressure as the market trends lower.

绿色阶段表明市场买入订单已成为主导，这表明买家正在重新获得控制权。在前几个月，同一张图表大多显示红色值，这可能表明随着市场趋势降低，存在强大的销售压力。

However, the recent transition back into green territory could indicate the emergence of new demand as Bitcoin challenges its previous highs. With price levels remaining elevated, the presence of buying pressure is interpreted as a potentially bullish signal.

但是，由于比特币挑战了以前的高点，最近回到绿色领域的过渡可能表明新需求的出现。由于价格水平保持升高，购买压力的存在被解释为潜在的看涨信号。

While cautious sentiment remains due to the short-term price decline and the potential for further retracement, these dynamics hint at the possibility of further upward movement if momentum continues to build in the days ahead.

尽管谨慎的情绪仍然是由于短期价格下降和进一步回撤的潜力，但这些动态暗示，如果动量在未来的日子继续发展，则可能会进一步向上移动。