随着现场市场储备继续流失，比特币（BTC）价格飙升了103,000美元

比特币的价格飙升超过103,000美元，比特币再次接近其历史最高水平。加密货币的每周价格上涨10.4％，每月增长超过24％。

Bitcoin price is rapidly approaching its all-time high again as it trades past $103,000. It has seen a weekly price increase of 10.4% and a monthly gain of over 24%. The cryptocurrency is enjoying a wave of optimism in both crypto and traditional markets.

比特币价格正迅速接近其历史最高高价，因为它的交易超过了103,000美元。它的每周价格上涨10.4％，每月收益超过24％。加密货币在加密市场和传统市场中都享有乐观的浪潮。

The digital asset briefly touched $105,000 on Friday before pulling back slightly to $103,000. This places it about 4% below its January all-time high, with recent data showing large amounts of Bitcoin leaving exchanges, particularly Binance.

该数字资产在周五短暂触及了105,000美元，然后稍微退回至103,000美元。这使其低于其一月份的历史最高水平约4％，最近的数据显示了大量的比特币留下交流，尤其是binance。

On Friday alone, over 3,000 BTC (worth approximately $312 million) was withdrawn from Binance, marking one of the largest daily outflows in recent months.

仅在星期五，超过3,000个BTC（价值约3.12亿美元）从Binance撤回，这是近几个月来每日最大的流出之一。

This major withdrawal happened on the same day as a new trade agreement was reached between the United States and China, which also boosted US equity markets. The S&P 500 jumped more than 3% following this geopolitical development.

这次重大撤回发生在美国和中国之间达成新的贸易协定的同一天，这也推动了美国股票市场。在这种地缘政治发展之后，标准普尔500指数跃升了3％以上。

The outflow is part of a larger trend, with Binance’s Bitcoin reserves steadily declining from around 595,000 BTC in late February to 541,400 BTC by mid-May.

流出是一个更大趋势的一部分，Binance的比特币储备从2月下旬的595,000 BTC稳步下降到541,400 BTC。

Exchange Outflows Signal Accumulation

交换流出信号积累

When investors move Bitcoin off exchanges into private wallets or cold storage, it typically indicates a preference for holding rather than selling. This behavior suggests accumulation strategies are in play.

当投资者将比特币从交易所转移到私人钱包或冷藏库中时，通常表明偏爱持有而不是出售。这种行为表明积累策略正在发挥作用。

Historically, declining exchange balances point to lower selling pressure in the near term and can support a more bullish outlook for the medium term.

从历史上看，交换余额的下降指出，在短期内降低了销售压力，并可以支持中期的看法。

The timing of these withdrawals, coinciding with improved relations between two economic superpowers, adds interesting context to investor behavior. It appears Bitcoin holders are adjusting their strategies in response to this positive macro development.

这些戒断的时机与两个经济超能力之间的关系改善的关系为投资者的行为增添了有趣的背景。看来比特币持有人正在根据这种积极的宏开发来调整其策略。

With reduced global economic uncertainty, large Bitcoin holders, also known as ‘whales,’ seem to be positioning themselves for potential future gains.

随着全球经济不确定性的减少，大型比特币持有人（也称为鲸鱼）似乎正在为潜在的未来增长而定位。

Market analysts note that these movements reflect how capital is shifting across different asset classes in response to broader economic developments, showing increased risk appetite among investors.

市场分析师指出，这些运动反映了对更广泛的经济发展的响应，资本如何转移，表明投资者的风险食欲增加。

Market Sentiment Remains Strong But Not Extreme

市场情绪仍然很强烈，但不是极端

Despite Bitcoin approaching its all-time high again, the market sentiment has yet to reach extreme levels of optimism. The Bitcoin Fear & Greed Index currently stands at 70, indicating strong greed but still below the extreme greed threshold of 75.

尽管比特币再次接近其历史最高的高度，但市场情绪尚未达到极端的乐观水平。比特币恐惧和贪婪指数目前为70，表明贪婪强，但仍低于75的极端贪婪阈值。

Earlier in the month, market sentiment had cooled to neutral levels when the price rally paused. However, as prices resumed their upward march, investor mood improved once again.

在这个月初，当价格集会暂停时，市场情绪已经冷却至中立水平。但是，随着价格恢复向上的三月，投资者的情绪再次改善。

The absence of extreme greed despite Bitcoin’s near-record price could actually be a positive signal for continued price growth. Historically, Bitcoin has often moved contrary to crowd sentiment, with major tops forming when extreme optimism prevails.

尽管比特币的近记录价格实际上可能是持续价格增长的积极信号，但没有极端贪婪。从历史上看，比特币经常与人群的情绪相反，当极端乐观的占上风时，主要的顶级形成。

The fact that the Fear & Greed Index remains outside the extreme greed zone suggests that excessive hype hasn’t yet developed among investors. This could mean Bitcoin has more room to grow before reaching a market top.

恐惧和贪婪指数仍然超出了极端贪婪区，这一事实表明，投资者尚未发展过度炒作。这可能意味着比特币在达到市场顶部之前有更多的增长空间。

Market participants appear increasingly responsive to macroeconomic signals, with coordinated movements across traditional and crypto markets suggesting a recalibration of investment strategies in light of improving global trade dynamics.

市场参与者似乎对宏观经济信号的反应越来越敏感，跨传统和加密市场的协调运动表明，鉴于改善了全球贸易动力，对投资策略进行了重新校准。

As geopolitical risks ease and traditional markets recover, Bitcoin’s reduced exchange reserves and growing off-exchange holdings may create favorable conditions for another test of its all-time high in the coming weeks.

随着地缘政治风险的轻松和传统市场的恢复，比特币减少的交换储量和不断增长的持有量可能会在接下来的几周内对其历史最高的测试产生有利的条件。

The coming period will be crucial in determining whether current capital flows translate into a full breakout beyond previous records or lead to a period of price consolidation.

即将到来的时期对于确定当前的资本流量是否转化为以前的记录超出一段时间或导致价格合并时期的完整突破。

BTC price on Bitstamp chart 1W in USD

BTC的BTSTAMP图表1W in USD

Recently, there has been a significant move in BTC. It pulled back from the 105k level and is now back below 103k.

最近，BTC发生了重大举动。它从105K级别退回，现在返回103k以下。

Is this the start of a correction?

这是更正的开始吗？

It’s certainly possible.

当然有可能。

The time frame for a correction to occur also seems to fit.

进行更正的时间框架似乎也适合。

The last major time frame that completed was the 3rd wave of 1 on the 4th degree.

完成的最后一个主要时间框架是第四级的第三波。

The 5th wave of 1 on the 4th degree is now due to complete, and that will likely take some time yet.

现在，第4级的第五波浪潮是由于完成的，这可能需要一些时间。

It’s also worth noting that a 90+ day candle has just completed on the 3rd degree, and these candles usually like to trade in complete at least one full cycle.

还值得注意的是，一支90多天的蜡烛刚刚在3级上完成，这些蜡烛通常喜欢在至少一个完整的周期中进行交易。

So far, the candle is still in play, and it’s possible that the price could continue to rally and test the all-time high again before the 90+ day candle closes.

到目前为止，蜡烛仍在发挥作用，价格可能会继续集会并在90多天蜡烛关闭之前再次测试历史高潮。

However, if the price does start a correction from here, it could be a time for traders to take some profits and step back from the market.

但是，如果价格确实从这里开始更正，那么交易者可能是一个利润并退后一步的时候了。

It will be interesting to see how the market develops in the coming days and weeks.

看到市场在未来几天和几周内如何发展会很有趣。

The post Is Bitcoin ready for a pullback from 105k? appeared first on AlphaBTC.

该帖子是否可以从105k中回调比特币？首先出现在Alphabtc上。