比特币（BTC）恢复遇到阻力，因为资产仍然存在范围

比特币最近的恢复遇到了阻力，因为该资产仍然存在于93,00美元至97,00美元之间。自上个月末短暂攀登之后，BTC从那以后一直在努力保持向上的动力。

Bitcoin's recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum.

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，比特币一直在努力保持向上的动力。

At the time of writing, BTC is trading at approximately $94,305, reflecting a modest 1.3% decline over the past 24 hours. While price action has slowed, activity on the backend of the market suggests underlying shifts in investor behavior.

在撰写本文时，BTC的交易约为94,305美元，反映了过去24小时的1.3％下降1.3％。尽管价格行动放缓，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Amr Taha, highlighted the development in a recent QuickTake post, signaling that over 51,000 BTC have been withdrawn from Binance wallets since mid-April.

CryptoQuant的一位贡献者AMR TAHA强调了最近一篇QuickTake帖子的发展，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 has reduced exchange-held reserves by about 50%, decreasing from roughly 595,000 BTC to around 544,500 BTC, which could indicate a recalibration in investor strategy.

这种下降使交易所持有的储量减少了约50％，从大约595,000 BTC减少到约544,500 BTC，这可能表明投资者战略进行了重新校准。

What's Driving the Bitcoin Outflows from Binance?

是什么驱动比特币流出的二线？

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

据塔哈（Taha）称，多个因素可能导致交换储量的这种急剧下降。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 interpreted as a signal of longer-term conviction, as these participants seek to secure assets while reducing the likelihood of short-term selling. Given the rise of custodial solutions and more institutional-grade wallets, this trend may reflect maturing market behavior.

这种非交换行为通常被解释为长期定罪的信号，因为这些参与者试图在减少短期销售的可能性的同时确保资产。鉴于托管解决方案的兴起和更多的机构钱包，这种趋势可能反映了市场行为。

Another key factor could be the increasing use of Bitcoin within decentralized finance (DeFi) and cross-platform arbitrage strategies. Entities may be withdrawing BTC to access yield opportunities or deploy capital in other blockchain ecosystems.

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。实体可能正在撤回BTC以获取收益机会或在其他区块链生态系统中部署资本。

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

此外，最近的积极流入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，每天的净流入曾多次跨越20亿美元的大关，可能会鼓励更大的球员积累和撤回比特币，以期获得进一步的价格欣赏。

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 over the past week, the shift in exchange reserve data could carry significant 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产生重大影响。

Historically, a decrease in exchange reserves, particularly from major venues like Binance, has been associated with supply tightening. As fewer coins are readily available for sale, reduced liquidity can amplify the impact of incoming demand, especially in bullish phases.

从历史上看，交换储量的减少，尤其是从诸如Binance之类的主要场所，与供应收紧有关。由于容易出售的硬币更少，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。

Taha emphasized that while short-term market performance may appear indecisive, tracking reserve metrics offers important clues about underlying sentiment.

塔哈（Taha）强调，尽管短期市场绩效可能看起来优柔寡断，但跟踪储备指标提供了有关潜在情感的重要线索。

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

来自交换平台的BTC始终如一地逐渐减少，通常为新的价格变动奠定了基础，尤其是在伴随机构积累和长期持有行为时。

If these patterns persist, they may contribute to reduced sell-side pressure, enabling Bitcoin to challenge its next resistance zones, including 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，包括心理上的100,000美元。