到目前为止

在一个加密的QuickTake帖子中，一位分析师谈到了比特币供应的最新供应趋势。

On-chain data shows that the Bitcoin (BTC) Supply in Profit is yet to drop under a key level during the current cycle, a sign that could be optimistic for the cryptocurrency.

链上的数据表明，在当前周期期间，利润中的比特币（BTC）供应尚未下降，这是对加密货币的乐观标志。

Bitcoin Supply in Profit Has Remained Above 70% So Far

到目前为止

In a CryptoQuant Quicktake post, an analyst began by explaining what the “Supply in Profit” indicator measures. This metric keeps track of the percentage of the total BTC supply in circulation that’s being held at a net unrealized profit.

在一个加密的QuickTake帖子中，一位分析师首先解释了“利润供应”指标的措施。该度量标准跟踪以未实现的利润净持有的BTC供应总额的百分比。

The metric works by looking at the transaction history of each coin in the circulating supply to see what price it was last moved at. The previous transaction of any token is likely to represent the last point at which it changed hands, so the price at that time would denote its current cost basis.

该公制是通过查看循环供应中每个硬币的交易历史记录来查看其上一次价格的价格来发挥作用的。任何代币的先前交易都可能代表了它易手的最后一点，因此当时的价格将表示当前的成本基础。

Naturally, if this acquisition level for a given coin is under the latest spot price, then that particular coin would be considered to be holding some net gain. The Supply in Profit adds up all tokens satisfying this condition and determines what part of the supply they make up for.

自然，如果给定硬币的此收购水平是最新的现货价格，那么该特定硬币将被认为是持有净收益的。利润的供应加起来，所有令牌都满足了这种情况，并确定了他们弥补的供应的哪一部分。

Another indicator called the Supply in Loss deals with the tokens of the opposite type. This indicator’s value can also be found by subtracting the Supply in Profit from 100, since both of the metrics must add up to 100%.

另一个称为损失供应的指标涉及相反类型的令牌。该指标的价值也可以通过从100中减去利润的供应来找到，因为这两个指标必须总计高达100％。

Now, here is the chart for the Bitcoin Supply in Profit shared by the quant that shows the trend in its value for the last several years:

现在，以下是量化的比特币供应量的图表，该图表显示了过去几年其价值的趋势：

The Bitcoin price hit the $84,000 level today.

比特币价格达到了今天的84,000美元。

The chart shows how the Bitcoin Supply in Profit hit the 100% mark earlier this year as the cryptocurrency’s price explored new all-time highs (ATHs). However, with the drawdown that occurred during the last few months, the indicator has plunged.

该图表显示了由于加密货币的价格探索了新的历史最高点（ATHS），因此今年早些时候的利润供应如何达到100％的成绩。但是，随着过去几个月中发生的下降，该指标跌落了。

In the chart, the quant has highlighted two lines that could prove to be of relevance to the asset. The bottom one (shaded in orange) corresponds to a value of 70%. It would appear that during the last cycle, losing this level meant the start of a bear market for BTC.

在图表中，量子量强调了两条线，可以证明与资产相关。底部的值（橙色为橙色）对应于70％的值。看来，在最后一个周期中，失去这一水平意味着BTC的熊市的开始。

So far in the current cycle, Bitcoin is yet to see a drop below it. The closest it came was during last year’s consolidation phase. A level that the asset has dropped under a few times already this cycle is the 80% one, colored in yellow.

到目前为止，在当前周期中，比特币尚未在其下方看到。最接近的是在去年的合并阶段。该资产已经在几次下降了几次，这个周期是80％，颜色为黄色。

The recent correction also took the Supply in Profit below it, but the recovery rally has meant that it’s close to retesting the line again. During both the previous and current cycles, the initial break above the line signaled the start of the bull market for the coin.

最近的更正还将利润供应低于其之下，但是恢复集会意味着它将接近重新测试。在以前的和当前的周期中，线上的初始中断标志着硬币的牛市的开始。

According to the pattern, the analyst concluded that the next target is to push the supply in profit back to 80% to signal strong bullish momentum.

根据该模式，分析师得出的结论是，下一个目标是将利润的供应恢复到80％，以表明强烈的看涨势头。