比特币（BTC）恢复遇到了阻力，因为资产范围内的范围在93,000美元至97,000美元之间。

比特币最近的恢复遇到了阻力，因为资产仍然存在于93,000美元至97,000美元之间。在上个月末短暂攀登之后

Bitcoin’s recent recovery attempt has hit a snag as the asset remains in a tight range between $93,000 and $97,000.

比特币最近的恢复尝试遇到了障碍，因为该资产的范围保持在93,000美元至97,000美元之间。

After briefly making a run above the $97K zone late last month, the flagship cryptocurrency has struggled to maintain upward momentum.

在上个月末短暂地超过了$ 97K的区域之后，旗舰加密货币一直在努力保持向上的势头。

At the time of writing, BTC is trading at around $94,305, showing a minor 1.3% decrease over the past 24 hours.

在撰写本文时，BTC的交易价格约为94,305美元，在过去24小时内下降了1.3％。

While price action has slowed down, activity on the backend of the market suggests underlying shifts in investor behavior.

尽管价格行动放慢了，但市场的活动表明投资者行为的基本转变。

New on-chain data points to a significant decrease in Bitcoin reserves held on Binance, the world’s largest cryptocurrency exchange by trading volume.

新的链链数据指出，通过交易量通过交易量进行的Binance（全球最大的加密货币交易所交换）的比特币储量显着下降。

One of CryptoQuant’s contributors, Amr Taha, highlighted this development in a recent QuickTake post, signaling that over 51,000 BTC have been withdrawn from Binance wallets since mid-April.

CryptoQuant的贡献者之一AMR TAHA在最近的《 QuickTake》帖子中强调了这一发展，这表明自4月中旬以来，Binance钱包已从Binance钱包中撤出了超过51,000 BTC。

This drop from around 595,000 BTC to around 544,500 BTC could indicate a recalibration in investor strategy, with growing interest in long-term holding or redeployment of assets outside centralized platforms.

从约595,000 BTC下降到约544,500 BTC可能表明投资者战略进行了重新校准，对在集中式平台以外的长期持有或重新部署资产的兴趣日益增加。

What’s Driving the Bitcoin Outflows from Binance?

是什么驱动比特币流出的二线？

According to Taha, several factors may be contributing to this steep decline in exchange-held reserves. One explanation involves institutional investors and long-term holders transferring their Bitcoin into cold storage.

据塔哈（Taha）称，在交换储量中的这种急剧下降可能会导致几个因素。一种解释涉及机构投资者和长期持有人将其比特币转移到冷藏中。

This off-exchange behavior is typically seen as a signal of longer-term conviction, as these participants aim to secure their assets and reduce the likelihood of short-term selling.

这种不交流行为通常被视为长期定罪的信号，因为这些参与者的目标是确保其资产并减少短期销售的可能性。

With the rise of custodial solutions and more institutional-grade wallets, this trend may reflect a natural evolution in market behavior.

随着托管解决方案的兴起和更多的机构钱包，这种趋势可能反映出市场行为的自然发展。

Another key factor could be the increasing use of Bitcoin within decentralized finance (DeFi) and cross-platform arbitrage strategies.

另一个关键因素可能是在分散的财务（FAFI）和跨平台套利策略中越来越多地使用比特币。

According to Taha, entities may be withdrawing BTC to gain access to yield opportunities or deploy capital in other blockchain ecosystems.

据塔哈（Taha）称，实体可能正在撤回BTC以获取机会或在其他区块链生态系统中部署资本。

Additionally, the recent positive flows into Bitcoin spot exchange-traded funds (ETFs), especially between April 21 and May 1, saw daily net inflows exceed the $2 billion mark on several occasions. This may have encouraged larger players to accumulate and withdraw Bitcoin in anticipation of further price appreciation.

此外，最近的正流向比特币现货交易所贸易资金（ETF），尤其是在4月21日至5月1日之间，每天的净流入量超过了20亿美元。这可能鼓励大型玩家在预期进一步的价格欣赏时积累和提取比特币。

Exchange Reserve Trends Offer Signals Amid Price Consolidation

交易储备趋势在价格合并中提供信号

Although Bitcoin’s price has remained largely stagnant for the past week, the shift in exchange reserve data could have broader implications for future price action.

尽管在过去一周中，比特币的价格在很大程度上停滞不前，但交易储备数据的转变可能对未来的价格行动具有更大的影响。

Typically, a decrease in exchange reserves, especially from major platforms, is linked to a tightening of supply. As fewer coins are readily available for immediate sale, reduced liquidity can amplify the impact of incoming demand, particularly during bullish phases.

通常，交换储量的减少，尤其是从主要平台上的减少与供应的收紧有关。由于很少有硬币可立即出售，因此降低的流动性可以扩大进出需求的影响，尤其是在看涨阶段。

According to Taha:

根据塔哈的说法：

Tracking reserve movements, especially when they deviate significantly from typical patterns, can offer valuable insights into institutional behavior and liquidity dynamics, both of which are crucial for sustained price trends.

跟踪储备运动，尤其是当它们显着偏离典型模式时，可以为机构行为和流动性动态提供宝贵的见解，这对于持续价格趋势至关重要。

A consistent drawdown of BTC from exchange platforms often sets the stage for renewed price movement, especially when combined with institutional accumulation and long-term holding behavior.

来自交换平台的BTC始终如一地逐渐减少，通常为新的价格转移奠定了基础，尤其是在与机构积累和长期持有行为结合在一起时。

If these patterns persist, they may contribute to reduced sell-side pressure, allowing Bitcoin to challenge its next resistance zones, such as the psychological $100,000 level.

如果这些模式持续存在，它们可能会导致卖方压力减轻，从而使比特币挑战其下一个阻力区，例如心理$ 100,000。