比特币进入关键周，分析师的眼睛突破到$ 120K

比特币正进入一个至关重要的一周，因为价格动作徘徊在历史高潮附近，分析师预测突破可能会使BTC飙升至120,000美元。

Bitcoin (BTC) is showing no signs of slowing down as it continues to push toward a breakout above its all-time high near $112,000.

比特币（BTC）没有显示出放慢速度的迹象，因为它继续朝着超过其历史最高高的$ 112,000的突破迈进。

This week, on-chain data from CryptoQuant reveals that the unrealized profit indicator for Short-Term Holders (1 to 3 months) currently sits at 27%. This metric helps gauge how much profit short-term investors are sitting on, and it has provided key signals during major market moves.

本周，来自加密素养的链链数据表明，目前的短期持有人（1至3个月）的未实现的利润指标为27％。该指标有助于衡量短期投资者坐着多少利润，并且在主要市场转移期间提供了主要信号。

Over the past four years, when this indicator surpassed 40%, it often triggered a wave of selling from this cohort, leading to increased downward pressure on the BTC price. However, with the metric still well below that critical threshold, the market may have room to climb before short-term holders begin locking in profits at scale.

在过去的四年中，当该指标超过40％时，它通常会引发该队列的销售浪潮，从而导致BTC价格下降压力增加。但是，随着该指标仍低于该关键阈值，在短期持有人开始大规模锁定利润之前，市场可能有攀爬的空间。

Bitcoin Enters Pivotal Week As Analysts Eye Breakout Toward $120K

比特币进入关键周，分析师的眼睛突破到$ 120K

Bitcoin is heading into a crucial week with price action hovering close to all-time highs and analysts forecasting a breakout that could send BTC soaring to $120K.

比特币正进入一个关键的一周，价格动作徘徊在历史最高时分附近，分析师预测了可能使BTC飙升至12万美元的突破。

After weeks of steady gains and bullish consolidation above the $108K level, momentum is building. The market is increasingly confident that a clean push above the $112K resistance could unlock the next leg of the cycle.

经过数周的稳定增长并看涨了超过108K $ 108K的合并，动力正在建立。市场越来越有信心，即清晰的推动力超过$ 112K的电阻可以解锁该周期的下一个工作。

This comes as global markets face heightened uncertainty. With persistent macroeconomic instability, rising geopolitical tensions, and diverging monetary policy expectations, Bitcoin appears to be thriving in volatility. Its non-sovereign, digital nature continues to attract capital during times of financial stress, acting as both a hedge and a high-beta growth asset.

这是全球市场面临的不确定性增长。随着宏观经济不稳定，地缘政治紧张局势的上升和货币政策的不同，比特币似乎在波动中蓬勃发展。在财务压力时期，它的非主导，数字性质继续吸引资本，既是对冲和高β增长资产。

Top analyst Axel Adler shared compelling on-chain data highlighting where the market currently stands. According to CryptoQuant, the Net Unrealized Profit/Loss (NUPL) for Short-Term Holders is now at 27%.

顶级分析师阿克塞尔·阿德勒（Axel Adler）共享了令人信服的链上数据，突出了市场目前所在的位置。据隐性股份称，短期持有人的净未实现的盈利/损失（NUPL）现在为27％。

Historically, this cohort begins taking profits once the metric crosses 40%, usually setting off a period of increased sell pressure and setting up temporary market tops.

从历史上看，一旦公制越过40％，该队列就开始获取利润，通常会增加销售压力增加并设定临时市场顶部。

Adler’s forecast assumes a steady increase of 0.818 percentage points per day, putting the 40% threshold roughly 16 days away—on or around June 11, 2025. At that point, BTC could be trading close to $162K if the trend continues.

阿德勒（Adler）的预测假设每天稳定上升0.818个百分点，将40％的阈值距离约16天（2025年6月11日左右）。那时，如果趋势持续下去，BTC的交易可能接近162K。

He cautions that the forecast is based on linear extrapolation and does not account for potential market shocks, “black swan” events, or political headlines, such as a sudden policy shift or viral tweet from US President Donald Trump.

他警告说，预测是基于线性推断的，不考虑潜在的市场冲击，“黑天鹅”事件或政治头条新闻，例如从美国总统唐纳德·特朗普（Donald Trump）突然的政策转变或病毒推文。

Bulls Defend Post-Breakout Levels

公牛捍卫破裂后水平

Bitcoin is trading at $109,844 and holding strong above the key breakout zone after reaching a new all-time high near $112K.

比特币的交易价格为109,844美元，在达到112K $ 112K的新历史最高水平之后，比特币的交易量高于关键突破区。

The daily chart shows BTC maintaining a bullish structure, with price well above the 34 EMA ($101,469) and all major moving averages. The $103,600 level, marked in yellow, served as long-term resistance earlier in the cycle and has now flipped into support—a textbook breakout-retest structure.

每日图表显示BTC保持看涨结构，价格远高于34 EMA（101,469美元），并且所有主要的移动平均值。售价为103,600美元，标记为黄色，在周期较早之前作为长期阻力，现在已转向支持 - 这是一种教科书重新测试结构。

Volume has remained relatively steady during this consolidation, and the recent candles suggest healthy digestion of gains rather than exhaustion. BTC continues to print higher lows, signaling that buyers are stepping in on each pullback. As long as the price remains above the $103K-$105K region, the broader trend remains intact.

在此合并期间，体积保持相对稳定，最近的蜡烛表明对收益的健康消化而不是精疲力尽。 BTC继续打印出更高的低点，表明买家正在介入每个回调。只要价格保持在10.3万美元至$ 105K的地区，更广泛的趋势仍然完好无损。

The next critical resistance lies just above $112K. A daily close above this level would likely confirm continuation and open the door to the $120K-$125K range. Momentum is still on the bulls’ side, and the structure points to a market preparing for further upside.

下一个关键阻力位于$ 112K以上。每天关闭此水平的每日关闭可能会确认继续并打开12万美元至125K $ 125K的大门。动力仍在公牛队的一边，结构指向市场为进一步的上升空间做准备。