比特币（BTC）的价格在周末举行了温和的恢复，但售价超过110,000美元

来自GlassNode的数据显示了持有超过一万比特币的队列中的“净分布”（销售），但低于此水平的同类群体继续积累。

Bitcoin (BTC) price staged a mild recovery over the weekend, but gains above $110,000 are being capped by selling. Data from Glassnode shows “net distribution” (selling) from the cohort holding more than ten thousand Bitcoin, but cohorts below this level have continued to accumulate.

比特币（BTC）的价格在周末举行了温和的恢复，但销售限制了110,000美元以上的收益。来自GlassNode的数据显示了持有超过一万比特币的队列中的“净分布”（销售），但低于此水平的同类群体继续积累。

The spot and futures cumulative volume delta at Binance exchange reflect persistent selling when BTC price approaches the $110,000 level.

Binance Exchange的现货和期货累计数量达美交易，反映了BTC价格接近110,000美元的水平时持续的销售。

The Sunday (May 25) futures-market driven surge back to $110,000, following US President Donald Trump’s announcement that EU Commision President Ursula von der Leyen had contacted him, suggesting a roughly one-month extension to delay the 50% EU tariffs which were slated to start on June 1.

在美国总统唐纳德·特朗普（Donald Trump）宣布欧盟委员会主席Ursula von der Leyen已与他联系之后，周日（5月25日）期货市场将返回110,000美元，这是在6月1日开始延迟50％的欧盟关税的延期。

Compared to last week’s data, funding rates have cooled, especially at Hyperliquid (orange line), where trader James Wynn alternated between a $1.2 billion 40x long position and a $500 million leveraged short position, both of which are now closed.

与上周的数据相比，资金率已经冷却，尤其是在超级流动线（橙色线），交易员詹姆斯·永利（James Wynn）在12亿美元的40倍长位和5亿美元的杠杆率之间交替，现在关闭了这两个位置。

In terms of taking out the resistance seen at $110,000, flows could possibly remain suppressed as US markets are closed for the Memorial Day holiday, so the daily open market demand seen by the spot Bitcoin ETFs, which accounted for $8.36 billion in BTC purchasing since the start of April, are paused for the day.

在取消110,000美元的阻力方面，由于美国市场在阵亡将士纪念日假期关闭，因此流量可能会受到压制，因此，自4月初以来BTC购买的现货比特币ETF的每日公开市场需求占BTC的83.6亿美元。

Liquidation heatmap data crypto analytics platform TheKingfisher shows that margin traders are overweight on the long side, with the potential for liquidations starting below $109,000 to $107,000.

清算热图数据加密分析平台Thekingfisher表明，保证金交易员长期超重，而清算的潜力开始低于109,000美元至107,000美元。

On the other hand, CoinGlass data hints that a BTC price push through the $110,000 resistance could trigger a short liquidation that could quickly result in a rally to $114,000.

另一方面，Coinglass数据暗示，BTC价格推动了110,000美元的电阻可能会触发短暂的清算，这可能会迅速导致集会至114,000美元。

In terms of the purely technical-focused price outlook for the week, traders are likely watching today’s price action to see if any futures and spot CEX market upside is followed by bullish flow into the March 27 equities and TradFi crypto markets open.

就本周纯粹以技术为重点的价格外观的看法，交易者可能正在观察当今的价格行动，以查看是否有任何期货和现货CEX市场上涨，然后看涨3月27日的股票和Tradfi Crenpto Markets Open。

As things currently stand, a block of asks can be seen at $114,000 and $119,000 at Coinbase Pro, while bids start at $104,000 and intensify as the price draws closer to $102,000-$100,000.

目前，在Coinbase Pro上可以看到一大堆询问的价格为114,000美元和119,000美元，而竞标的起价为104,000美元，随着价格的收入接近102,000-100,000美元。