比特币（BTC）长期持有者在当前比特币价格周期的“最深度修正”中拒绝出售

在最新一期的每周通讯《The Week Onchain》中，加密分析公司 Glassnode 发布了有关比特币 (BTC) 持有者弹性的好消息。

Bitcoin ( BTC ) long-term holders are not budging an inch from their positions despite the recent heavy losses experienced by the flagship crypto.

尽管旗舰加密货币最近遭受了严重损失，但比特币（BTC）的长期持有者并没有从他们的立场上改变一英寸。

In its latest weekly newsletter, The Week Onchain, crypto analytics firm Glassnode highlighted the resilience of Bitcoin hodlers amidst the price downturn.

加密分析公司 Glassnode 在其最新的每周通讯《The Week Onchain》中强调了比特币持有者在价格低迷时期的恢复能力。

Bitcoin may be enduring its steepest drawdown of the current bull market, but its “diamond hands” show no sign of panicking.

比特币可能正在经历当前牛市中最严重的下跌，但其“钻石手”并没有表现出恐慌的迹象。

For Glassnode, “if we look at performance indexed to the date of the Bitcoin halving, we can see that the current cycle is one of the worst performing.”

对于 Glassnode 来说，“如果我们看看比特币减半日期的表现，我们可以看到当前周期是表现最差的周期之一。”

“This is despite the market breaching to a new cyclical ATH prior to the halving event in April, which was the first time this has happened,” it added.

它补充道：“尽管市场在 4 月份减半事件之前突破了新的周期性 ATH，但这是第一次发生这种情况。”

In contrast to some well-known capitulation events in Bitcoin's recent history, Glassnode shows that long-term holders are sitting on their BTC. Even the recent visit to four-month lows of $53,500 for BTC/USD failed to shake their resolve.

与比特币近期历史上一些著名的投降事件相比，Glassnode 表明长期持有者正在持有他们的 BTC。即使最近 BTC/USD 触及四个月低点 53,500 美元，也未能动摇他们的决心。

“Looking at losses locked in by both Long-Term, and Short-Term Holders, we note that the loss taking events this week account for less than 36% of the total capital flows across the Bitcoin network,” the newsletter reads.

“从长期和短期持有者锁定的损失来看，我们注意到本周的亏损事件占比特币网络总资本流动的比例不到 36%，”时事通讯写道。

Long-term and short-term holders refer to Bitcoin wallet entities hodling a given unit of BTC for more than or less than 155 days, respectively. The latter term reflects the more speculative end of the Bitcoin investor spectrum.

长期和短期持有者分别是指持有特定单位比特币时间超过或少于 155 天的比特币钱包实体。后一个术语反映了比特币投资者中更具投机性的一端。

The newsletter featured a chart showing the distinct absence of long-term holder participation in onchain selling at a loss during the BTC price drawdown.

该时事通讯的图表显示，在 BTC 价格下跌期间，长期持有者明显缺乏参与链上亏本出售的情况。

“Following 18 months of up-only price action after the FTX implosion, and 3 months of apathetic sideways trading, the market has endured its deepest correction of the cycle,” it noted in its concluding remarks.

“在 FTX 崩盘后 18 个月的价格上涨，以及 3 个月的冷漠横盘交易之后，市场经历了周期中最深度的调整，”它在总结发言中指出。

Weeks to go until a BTC price turnaround?

距离 BTC 价格反转还有几周时间？

As reported by Cointelegraph, short-term holders and day traders are in the spotlight as profit margins turn negative.

据 Cointelegraph 报道，随着利润率转为负数，短期持有者和日内交易者成为关注的焦点。

At the $53,500 lows, Glassnode added, short-term holders held nearly 2.8 million BTC, or 14.2% of the total supply, at an unrealized loss.

Glassnode 补充道，在 53,500 美元的低点，短期持有者持有近 280 万枚 BTC，占总供应量的 14.2%，但存在未实现的损失。

Miners, too, are causing concern, with a hashrate capitulation phase underway and reminding longtime market observers of the events leading up to the bear market bottom in late 2022.

矿商也引起了担忧，算力投降阶段正在进行，并提醒长期市场观察者注意导致 2022 年底熊市触底的事件。

“The biggest Bitcoin drawdown since the FTX fraud and collapse to $15K has been preceded by a Hash Ribbon Capitulation signal which fired in mid-May,” Charles Edwards, founder of quantitative Bitcoin ( BTC ) and digital asset fund Capriole Investments, told his followers on July 10.

量化比特币 (BTC) 和数字资产基金 Capriole Investments 的创始人查尔斯·爱德华兹 (Charles Edwards) 表示：“自 FTX 欺诈事件以来最大的比特币跌幅并跌至 15,000 美元，之前是 5 月中旬发出的哈希带投降信号。” 7 月 10 日的关注者。

In subsequent dialogue, Edwards suggested that a buy signal could be “at least a couple of weeks away.”

在随后的对话中，爱德华兹表示买入信号可能“至少需要几周时间”。