比特币图表，市场周期和$ 138K：我们还在吗？

比特币图表正在闪烁看涨信号，但是市场周期真的死了吗？另外，一个$ 138K的目标 - 让我们深入了解最新的见解。

Bitcoin Charts, Market Cycle & $138K: Are We There Yet?

比特币图表，市场周期和$ 138K：我们还在吗？

Bitcoin's been on a tear lately, and the big question on everyone's mind is: where do we go from here? With Bitcoin charts painting a pretty picture and whispers of a $138K target, let's see what's cooking.

比特币最近流泪了，每个人的想法是：我们从这里去哪里？随着比特币图表绘画一张漂亮的图片和13.8万美元目标的耳语，让我们看看什么是烹饪。

New All-Time Highs and the $138K Target

新的历史高点和$ 138K的目标

Bitcoin recently hit a new all-time high of $123,100 on Binance, and onchain data suggests this rally might have some legs. One potential target making the rounds? A cool $138,000. This projection aligns with historical trends, where Bitcoin tends to see diminishing returns after breaking past previous highs. Remember the 167% surge after breaking the 2017 high, followed by 49% after clearing $69,000? The next leg up could be a more modest 10-15%.

比特币最近在二元期间达到了新的$ 123,100的新历史高点，OnChain数据表明这次集会可能有一些腿。一个潜在的目标是巡回赛？很酷的$ 138,000。这一投影与历史趋势保持一致，在该趋势中，比特币往往会看到过去高高的回报率降低。还记得打破2017年高点后的167％激增，其次是49％，在清算了69,000美元之后？下一条腿可能更适中10-15％。

Spot ETF Inflows: A Bullish Signal?

斑点ETF流入：看涨信号？

Spot Bitcoin ETFs are sending strong buy signals, with a recent $1.18 billion single-day inflow. This surge suggests a structural shift in market momentum, hinting at sustained price action. Ecoinometrics even notes that the current ETF flow regime behaves as a "strong buy" signal, lending even more weight to the uptrend.

现货比特币ETF正在发送强买信号，最近有11.8亿美元的单日流入。这种激增表明，市场动力发生了结构性转变，暗示了持续的价格行动。生态计量学甚至指出，当前的ETF流动方式表现为“强购买”信号，使上升趋势更大。

The Four-Year Cycle: Still Alive and Kicking?

四年周期：还活着踢吗？

Despite the influx of institutional money, some experts believe the traditional four-year Bitcoin market cycle isn't dead. Xapo Bank CEO Seamus Rocca warns that a prolonged bear market is still a real possibility. Even without a major cataclysm, a simple slowdown in news or routine portfolio rebalancing could trigger a downturn. As Aleksandar Svetski puts it, "Human psychology will never change. Cycles have nothing to do with Bitcoin and everything to do with people."

What the Charts Say

图表怎么说

The Coinbase Premium Index, which reflects the price difference between Coinbase and Binance, is currently above zero for the longest stretch in this bull cycle. This indicates prolonged buying pressure from US institutions and retail investors, suggesting continued demand is supporting price discovery.

Coinbase Premium指数反映了Coinbase和Binance之间的价格差异，目前在该牛周期中最长的时间范围高于零。这表明从美国机构和散户投资者那里延长了购买压力，这表明持续需求在支持价格发现。

Navigating the Crypto Rollercoaster

导航加密过山车

So, what does all this mean? Bitcoin charts look promising, with potential for further gains towards that $138K mark. Strong ETF inflows and sustained buying pressure are certainly positive signs. But don't get too comfy – the market cycle might still have a few tricks up its sleeve. Remember, investing in crypto is a wild ride, so buckle up and enjoy the show!

那么，这意味着什么？比特币图表看起来很有希望，有可能进一步获得13.8万美元的成绩。强大的ETF流入和持续的购买压力无疑是积极的迹象。但是不要太舒适了 - 市场周期可能仍然有一些技巧。请记住，投资加密是一次疯狂的旅程，所以搭扣并享受节目！

尽管机构资金大量涌入，但一些专家认为传统的四年比特币市场周期并没有死。 Xapo Bank首席执行官Seamus Rocca警告说，延长熊市仍然是一个真正的可能性。即使没有大灾难，新闻或常规投资组合的简单放缓也可能引发经济下滑。正如Aleksandar Svetski所说：“人类心理永远不会改变。周期与比特币无关，与人有关。”图表说的是Coinbase Premium指数，反映了Coinbase和Binance之间的价格差异，目前在该公牛周期中最长的时间范围都高于零。这表明从美国机构和散户投资者那里延长了购买压力，这表明持续需求在支持价格发现。导航加密过山车，所以这意味着什么？比特币图表看起来很有希望，有可能进一步获得13.8万美元的成绩。强大的ETF流入和持续的购买压力无疑是积极的迹象。但是不要太舒适了 - 市场周期可能仍然有一些技巧。请记住，投资加密是一次疯狂的旅程，所以搭扣并享受节目！