如果价格进一步上升，比特币（BTC）可能会从老年投资者那里出售“显着增加”

研究人员在最新版的常规新闻通讯“ The Week Onchain”中计算得出，长期持有人（LTHS）坐落在几乎350％的未实现利润。

Bitcoin (BTC) risks a “notable increase” in selling from its older investors if price rises further, onchain analytics firm Glassnode warns.

如果价格进一步上升，比特币（BTC）可能会从较老的投资者出售的销售中“显着增加”，OnChain Analytics公司GlassNode警告。

In the latest edition of its regular newsletter, “The Week Onchain,” researchers calculated that long-term holders (LTHs) are sitting on almost 350% unrealized profits.

研究人员在最新版的常规新闻通讯“ The Week Onchain”中计算得出，长期持有人（LTHS）坐落在几乎350％的未实现利润。

Bitcoin sell-side odds in line for crucial test

比特币卖方的赔率是至关重要的测试

Bitcoin at multi-month highs will tempt an increasing number of hodlers to take profits — including so-called “diamond hands.”

多个月高点的比特币将吸引越来越多的霍德尔（Hodlers）获得利润，包括所谓的“钻石手”。

Using a variety of metrics to track investor profitability, Glassnode shows that aggregate LTH unrealized profits are now nearing 350% — a key historical level.

GlassNode使用各种指标来跟踪投资者的盈利能力，表明总数未实现的利润接近350％，这是一个关键的历史水平。

“Having established that the LTH cohort is expressing a preference to hold onto their supply, we can attempt to quantify the potential price levels required to entice them to part with their coins, and commence the next wave of profit taking,” it explains.

它解释说：“确定LTH队列表示偏爱保持其供应，我们可以试图量化吸引他们与硬币分开所需的潜在价格水平，并开始下一步的利润浪潮。”

LTH refers to entities holding BTC for more than six months. For Glassnode, the key price area to watch for changes in their behavior is the $100,000 zone.

第三指的是持有BTC的实体超过六个月。对于GlassNode而言，关注其行为变化的关键价格区域是100,000美元的区域。

“Historically speaking, the Long-Term Holder cohort typically ramps up their spending pressure when the average member is holding a +350% unrealized profit margin.”

“从历史上讲，长期持有人队列通常会在普通成员保持 +350％未实现的利润率时加大支出压力。”

Trader: BTC price upside potential ‘looks thin’

交易者：BTC价格上涨潜力“看起来很薄”

BTC/USD reached $97,500 this week before cooling off — its highest since Feb. 21, per data from CoinMarketCap.

BTC/USD本周在冷却之前达到了97,500美元 - 根据CoinMarketCap的数据，自2月21日以来最高。

While more than $20,000 above its recent lows, Bitcoin is not yet putting traders in mind of a return to classic bull market behavior.

尽管比特币高出超过20,000美元，但比特币尚未使交易员重返经典牛市行为。

Popular trader TheKingfisher pointed to order book liquidity as one sign that sellers may yet get the better of the recovery.

受欢迎的交易者Thekingfisher指出，订购流动性是卖方可能还会更好地恢复的一个标志。

“Massive wall of LONG liquidations stacked up under ~$91k. Shorts above current price ($96.6k)? Barely anything significant. At least according to derivative levels on Bitfinex. Puts up a good fight but ultimately get liquidated. Same story plays out again and again with varying levels of intensity.

“大规模的长清算墙堆积在约9.1万美元以下。短短裤（$ 96.6K）的短裤几乎没有什么意义。

This time we're seeing more decisive action by the bulls to keep pushing higher but ultimately the bears are putting up a fiercer defense. We'll see if this attempt manages to break through the OI and liquidity levels needed to continue the ascent or if the bears succeed in turning the tide and knocking price back down.” he wrote in part on X.

这次，我们看到了公牛队不断提高更高的决定性行动，但最终，熊队却做出了更激烈的防守。我们将查看这种尝试是否设法突破OI和继续上升所需的流动性水平，或者熊是否成功扭转了潮流并将价格降低。”他部分写在X上。

Glassnode meanwhile recognized the need for key resistance/support flips to materialize. It highlighted the 111-day simple moving average (SMA) and the aggregate cost basis of speculators, known as short-term holders (STHs).

同时，玻璃节确认需要钥匙阻力/支撑挡板实现。它强调了111天简单的移动平均线（SMA）和投机者的总成本基础，即短期持有人（STH）。

“The price has recently surged above both of these pricing models, and is now attempting to consolidate within this zone. This highlights a noteworthy degree of strength behind this upwards swing.”

“价格最近飙升了这两种定价模型，现在正试图在该区域内合并。这突出了这一向上摆动背后的值得注意的力量。”