比特币的眼睛记录高度，因为短期持有人为集会加油

在进行了积极的多周集会之后，比特币徘徊在103,000美元之后，因为市场的眼睛潜在的突破超过其109,000美元的历史最高水平。

Bitcoin is trading in a pivotal zone of support, with short-term holders now entering profit territory, according to on-chain data from CryptoQuant.

根据CryptoQuant的链链数据，比特币正在关键的支持区域进行交易，现在短期持有人进入利润领域。

After slicing through major resistance levels at $90K and $100K, the top cryptocurrency is currently consolidating between $100K and $101K. This support zone has so far held firm, with dip buyers stepping in.

在将主要阻力水平切成$ 90K和10万美元之后，最高的加密货币目前的合并在$ 10.1万美元至10.1万美元之间。该支持区到目前为止一直保持坚定，而倾销买家介入。

As the cryptocurrency edges closer to its all-time high of $109,000, set back in March 2023, the focus is now turning to whether BTC can sustain its current level and mount a new push higher.

随着加密货币的边缘更接近其历史最高的109,000美元，落后于2023年3月，重点现在转向BTC是否可以维持其当前水平并将新的推动力更高。

Short-term holders in profit territory

利润领域的短期持有人

On-chain data reveals that short-term holders (STH) re-entered profit territory when Bitcoin reclaimed $99K on May 8. Since then, the STH Spent Output Profit Ratio (SOPR) has remained above 1, a signal that these participants are selling at a profit—typically a sign of growing market confidence.

链上的数据表明，当比特币在5月8日回收99K时，短期持有人（STH）重新进入利润领域。从那时起，STH支出的产出利润率（SOPR）仍然超过1，这表明这些参与者正在以利润出售 - 典型地表现出市场信心的迹象。

However, analysts caution that as SOPR approaches 1.03, the risk of increased profit-taking rises. While some selling is expected, the trend so far appears healthy, with restrained activity among holders and no signs of panic.

但是，分析师警告说，随着SOPR接近1.03，增加利润增加的风险。虽然预计有些销售，但到目前为止的趋势看起来很健康，持有人之间的活动受到限制，没有恐慌迹象。

CryptoQuant contributor Darkfost notes the market is “just getting warmed up,” suggesting further upside may be possible if BTC can defend its current range and push for a new high.

加密贡献者Darkfost指出，市场“只是在变暖”，这表明，如果BTC可以捍卫其当前范围并推动新的高潮，则可能会进一步上升。

💫 Since May 8th, STH have finally moved back into profit territory as $BTC crossed above $99 000.

💫自5月8日以来，随着$ BTC超过$ 99 000的价格，STH终于回到了利润领域。

°Their SOPR (Spent Output Profit Ratio) has been above 1 since that date, indicating that they are selling at a profit.

°自该日期以来，他们的SOPR（用过的产出利润率）已超过1，表明他们正在以利润出售。

💡— It’s important to understand that short-term holders (STH) are defined as entities that hold coins for less than 180 days. As such, they are typically less patient and more likely to be driven by short-term price trends. In contrast, long-term holders (LTH) are defined as entities that hold coins for 180 days or longer and tend to be more patient and less sensitive to short-term price fluctuations.

💡-重要的是要了解短期持有人（STH）被定义为持有少于180天的硬币的实体。因此，它们通常较少耐心，更有可能受到短期价格趋势的驱动。相比之下，长期持有人（LTH）被定义为持有硬币180天或更长时间的实体，并且往往更耐心，对短期价格波动更敏感。

As STH SOPR rises above 1, it signals that, on average, STHs are selling their coins at a higher price than they bought them for, which can be interpreted as a sign of market confidence. However, as the ratio approaches 1.03, there is a greater chance of STHs taking profits, which could lead to a decrease in the price of bitcoin. Despite this, the fact that STH are calmly selling their coins in a narrow range and there are no signs of panic selling suggests that the trend may continue for some time yet.

随着STH SOPR上升到1以上，这表明STH平均以比他们购买的更高的价格出售硬币，这可以解释为市场信心的标志。但是，随着比率接近1.03的比率，STH的利润更大的机会可能会导致比特币价格下降。尽管如此，STH在狭窄的范围内平静地出售其硬币这一事实，并且没有恐慌销售的迹象表明，这种趋势可能会持续一段时间。

The altcoin market is also beginning to heat up, which could create even more demand for bitcoin and fuel further price increases.

Altcoin市场也开始升温，这可能会产生对比特币的更多需求，并推动进一步的价格上涨。

The next move by bitcoin will be pivotal for the broader cryptocurrency market in the coming weeks.

在接下来的几周内，比特币的下一步将是更广泛的加密货币市场的关键。