比特币 Coinbase 溢价指数现已呈现显着的正值

数据显示，比特币 Coinbase 溢价指数最近飙升，表明它至少可能部分落后于最新的价格飙升。

Bitcoin (BTC) price has seen a strong recovery over the past few weeks, surging past the key level of $60,000. Now, as the asset approaches the next crucial resistance, some interesting trends are being observed in the market.

比特币 (BTC) 价格在过去几周强劲复苏，飙升至 60,000 美元的关键水平。现在，随着资产接近下一个关键阻力位，市场上观察到了一些有趣的趋势。

Bitcoin Surges Past $60K, But Coinbase Premium Index Hints At Further Upward Trend

比特币飙升至 6 万美元以上，但 Coinbase 溢价指数暗示进一步上涨趋势

Bitcoin price بالاخره managed to cross the psychological level of $60,000 after facing resistance at this point for a couple of days. Now, BTC trades at the mid-$60,000s, and the next target for the bulls seems to be the resistance around $68,000 to $70,000.

比特币价格在经历了几天的阻力后成功突破了 60,000 美元的心理水平。现在，BTC 交易价格在 60,000 美元左右，多头的下一个目标似乎是 68,000 美元至 70,000 美元附近的阻力位。

Related Reading: Bitcoin Surges Past $60K, Next Target In Sight As Bulls March On

相关阅读：比特币飙升至 6 万美元以上，随着牛市的继续前进，下一个目标就在眼前

One indicator that has been closely followed this year to gauge the buying pressure in the U.S. market is the Coinbase Premium Index. This metric tracks the percentage difference between the BTC price listed on Coinbase (USD pair) and Binance (USDT pair). A positive value suggests a higher buying rate on Coinbase.

今年受到密切关注的衡量美国市场购买压力的一项指标是 Coinbase 溢价指数。该指标跟踪 Coinbase（美元对）和 Binance（USDT 对）上列出的 BTC 价格之间的百分比差异。正值表明 Coinbase 的购买率较高。

CryptoQuant Head of Research Julio Moreno recently pointed out the trend in this index, showing that it had earlier dipped into the negative territory. However, with the latest rally in BTC’s price, the index has seen a sharp increase back into the positive region. This would indicate that the Coinbase investors have been participating in accumulation and it may be this buying that’s at least partially responsible for the coin’s surge.

CryptoQuant 研究主管 Julio Moreno 最近指出了该指数的趋势，表明该指数早些时候已跌入负值区域。然而，随着比特币价格的最新上涨，该指数已大幅上涨，回到正值区域。这表明 Coinbase 投资者一直在参与增持，而这种购买可能至少在一定程度上导致了代币的飙升。

Coinbase is the main platform of the US-based investors, especially the large institutional entities, while Binance serves a global traffic. As such, the Coinbase Premium Index essentially reflects the difference in behavior between the American investors and the rest of the world.

Coinbase是美国投资者尤其是大型机构实体的主要平台，而Binance则服务于全球流量。因此，Coinbase 溢价指数本质上反映了美国投资者与世界其他地区投资者行为的差异。

In 2024 so far, the cryptocurrency has been closely following this indicator, implying that the US-based whales have been driving the price action. Thus, it’s not unexpected to see the same trend continue for the new rally as well.

2024 年迄今为止，加密货币一直密切关注这一指标，这意味着美国的鲸鱼一直在推动价格走势。因此，新一轮反弹延续同样的趋势也就不足为奇了。

However, it is important to note that the Coinbase Premium Index can quickly flip, and if it does, BTC might also see bearish winds, as it has done many times in the year already.

然而，值得注意的是，Coinbase 溢价指数可能会迅速翻转，如果发生这种情况，BTC 也可能会出现看跌风，就像今年已经发生过多次一样。

Bitcoin Short-Term Holders Awaiting Next Leg Up At $66,300

比特币短期持有者等待下一波上涨至 66,300 美元

In some other news, BTC is now approaching the cost basis of the final short-term holder cohort, as CryptoQuant author Axel Adler Jr has discussed in an X post.

在其他一些消息中，正如 CryptoQuant 作者 Axel Adler Jr 在 X 帖子中讨论的那样，BTC 现在正在接近最终短期持有者群体的成本基础。

This segment of the short-term holders, who bought their coins between three to six months ago, have their average cost basis at $66,300 right now. If Bitcoin can surpass this level, all of the short-term holders (that is, those who purchased within the last six months) would be back in the green.

这部分短期持有者在三到六个月前购买了代币，目前的平均成本基础为 66,300 美元。如果比特币能够超越这一水平，所有短期持有者（即过去六个月内购买的人）都将恢复盈利。

BTC price بالاخره crossed the $60,000 psychological level after facing resistance at this point for a couple of days. Now, BTC trades at the mid-$60,000s, and the next target for the bulls seems to be the resistance around $68,000 to $70,000.

BTC 价格在连续几天面临阻力后突破了 60,000 美元的心理水平。现在，BTC 交易价格在 60,000 美元左右，多头的下一个目标似乎是 68,000 美元至 70,000 美元附近的阻力位。

One indicator that has been closely followed this year to gauge the buying pressure in the U.S. market is the Coinbase Premium Index. This metric tracks the percentage difference between the BTC price listed on Coinbase (USD pair) and Binance (USDT pair). A positive value suggests a higher buying rate on Coinbase.

今年受到密切关注的衡量美国市场购买压力的一项指标是 Coinbase 溢价指数。该指标跟踪 Coinbase（美元对）和 Binance（USDT 对）上列出的 BTC 价格之间的百分比差异。正值表明 Coinbase 的购买率较高。

CryptoQuant Head of Research Julio Moreno recently pointed out the trend in this index, showing that it had earlier dipped into the negative territory. However, with the latest rally in BTC’s price, the index has seen a sharp increase back into the positive region. This would indicate that the Coinbase investors have been participating in accumulation and it may be this buying that’s at least partially responsible for the coin’s surge.

CryptoQuant 研究主管 Julio Moreno 最近指出了该指数的趋势，表明该指数早些时候已跌入负值区域。然而，随着比特币价格的最新上涨，该指数已大幅上涨，回到正值区域。这表明 Coinbase 投资者一直在参与增持，而这种购买可能至少在一定程度上导致了代币的飙升。

Coinbase is the main platform of the US-based investors, especially the large institutional entities, while Binance serves a global traffic. As such, the Coinbase Premium Index essentially reflects the difference in behavior between the American investors and the rest of the world.

Coinbase是美国投资者尤其是大型机构实体的主要平台，而Binance则服务于全球流量。因此，Coinbase 溢价指数本质上反映了美国投资者与世界其他地区投资者行为的差异。

In 2024 so far, the cryptocurrency has been closely following this indicator, implying that the US-based whales have been driving the price action. Thus, it’s not unexpected to see the same trend continue for the new rally as well.

2024 年迄今为止，加密货币一直密切关注这一指标，这意味着美国的鲸鱼一直在推动价格走势。因此，新一轮反弹延续同样的趋势也就不足为奇了。

However, it is important to note that the Coinbase Premium Index can quickly flip, and if it does, BTC might also see bearish winds, as it has done many times in the year already.

然而，值得注意的是，Coinbase 溢价指数可能会迅速翻转，如果发生这种情况，BTC 也可能会出现看跌风，就像今年已经发生过多次一样。

Bitcoin Short-Term Holders Awaiting Next Leg Up At $66,300

比特币短期持有者等待下一波上涨至 66,300 美元

In some other news, BTC is now approaching the cost basis of the final short-term holder cohort, as CryptoQuant author Axel Adler Jr has discussed in an X post.

在其他一些消息中，正如 CryptoQuant 作者 Axel Adler Jr 在 X 帖子中讨论的那样，BTC 现在正在接近最终短期持有者群体的成本基础。

This segment of the short-term holders, who bought their coins between three to six months ago

这部分短期持有者在三到六个月前购买了代币