比特币的流动供应量不足，因为链上数据提示潜在的转折点

BTC的市场动态标志着潜在的转折点。最近的链上数据表明，比特币的流动供应量很高

The cryptocurrency market has always been subject to dramatic shifts in momentum, and recent on-chain data from BTC suggests that the market might be nearing a potential turning point.

加密货币市场一直在势头中发生巨大的转变，而来自BTC的最新链接数据表明，该市场可能正在接近潜在的转折点。

As the saying goes, everything old is new again. According to recent on-chain data, the amount of illiquid BTC supply has hit a record high. Illiquid supply refers to coins that are not being traded and are typically held in cold storage by long-term investors.

俗话说，旧的一切又是新的。根据最近的链上数据，流动性的BTC供应量的数量达到了创纪录的高度。流动性供应量是指未经交易的硬币，通常由长期投资者保存在冷藏中。

The fact that this indicator has reached a new high signals that many investors are holding onto their coins because they believe it will be valuable in the future.

该指标已经达到了许多投资者坚持自己的硬币的新高信号，因为他们认为将来它将很有价值。

In the same vein, transaction fees have also doubled from their lows, which signals increased network usage and demand.

同样，交易费用的低点也增加了一倍，这信号增加了网络使用和需求。

The combination of these factors reveals a market in which scarcity is becoming a central theme. With fewer coins available and a high level of investor commitment, the stage is set for a scenario where upward price pressure could intensify dramatically if demand continues its upward trend.

这些因素的结合揭示了一个市场，稀缺性正成为中心主题。由于可用的硬币和高水平的投资者承诺，因此，如果需求继续其上升趋势，则该阶段将在上升价格压力上急剧增强。

If anything, the narrative around the price of Bitcoin is heating up once again.

如果有的话，围绕比特币价格的叙述再次加热。

Samson Mow, a respected figure in the Bitcoin community, recently claimed in a short post that the cryptocurrency has officially entered "ATH season." Mow’s comments, delivered with characteristic conviction, underscore a belief that Bitcoin is on the cusp of setting a new all-time high.

Samson Mow是比特币社区中受人尊敬的人物，最近在一篇简短的文章中声称，加密货币已正式进入“ ATH季节”。 MOW的评论以特有的信念发表，强调了比特币正处于新的历史最高水平的风口浪尖上的信念。

Feels like ATH season.

感觉就像是Ath季节。

— Samson Mow (@SamsonMow) August 18, 2023

- Samson Mow（@samsonmow）2023年8月18日

His optimism is echoed by several other market experts who have recently forecasted substantial upward moves, bolstering investor confidence.

他的乐观情绪得到了其他几位市场专家的回应，他们最近预测了实质性的向上行动，增强了投资者的信心。

As the involvement of institutional players and seasoned retail investors continues to pour capital into Bitcoin, the implications of limited supply and surging demand become even more pronounced.

随着机构参与者和经验丰富的零售投资者的参与继续投入资本，供应和飙升需求的含义变得更加明显。

In this environment, every uptick in demand could trigger a rapid price escalation, potentially pushing Bitcoin well beyond its previous peaks.

在这种环境下，需求的每一个上升都可能引发价格迅速升级，可能会将比特币远远超出其先前的峰值。

The potential for a major rally is in the air as these trends are closely watched by those in the crypto community. At the time of writing, BTC is trading at around $102,700, dropping 1%.

大集会的潜力是在空中进行，因为加密社区中的人们密切关注这些趋势。在撰写本文时，BTC的交易价格约为102,700美元，下跌1％。