比特币市场随着开放兴趣和鲸鱼活动激增而加热

来自市场情报平台的新数据Alpharactal揭示了比特币开放兴趣和鲸鱼位置情绪的显着增长，突出了BTC交易超过100,000美元的发展机构活动的增长，并增加了交易者的参与度。

output: Fresh data from market intelligence platform Alpharactal sheds light on a significant uptick in both Bitcoin open interest and whale position sentiment. This analysis highlights growing institutional activity and increased trader engagement as BTC trades above $100,000.

输出：市场情报平台的新数据字段阐明了比特币开放式兴趣和鲸鱼位置情绪的显着增长。该分析强调了不断增长的机构活动，并增加了交易者参与度，因为BTC交易超过100,000美元。

First Chart: Open Interest Signals Growing Market Participation

第一图：开放兴趣信号不断增长的市场参与

Alpharactal's analysis showcases a surge in Bitcoin's open interest—the total value of active futures and options contracts—which is quickly approaching its 2021 all-time high. This measure of market participation is heating up alongside the price action, which could indicate traders are placing bigger bets on continued upside.

Alpharactal的分析表明，比特币的开放兴趣（活跃期货和期权合约的总价值）迅速接近其2021年历史最高水平。这种市场参与度的衡量标准正在与价格行动并肩作用一起加热，这可能表明交易者正在持续上涨更大的赌注。

The correlation between open interest and price is a key factor used by traders to gauge the strength of trends. In this case, we can see that open interest is largely following the price action as Bitcoin climbs to new yearly highs. This broad increase across major exchanges signals a wider wave of capital entering the market.

开放兴趣与价格之间的相关性是交易者用来评估趋势强度的关键因素。在这种情况下，我们可以看到，随着比特币攀升至每年的新高点，开放的兴趣主要是遵循的。整个主要交易所的这种广泛增长表明，进入市场的资本浪潮更大。

Second Chart: Whale Sentiment Confirms Institutional Demand

第二图：鲸鱼情绪确认机构需求

The second chart focuses on a technical indicator called “whale position sentiment.” This index, developed by Alpharactal, measures the behavior of large Bitcoin holders, known as whales. Changes in this sentiment can be a valuable factor in technical analysis, especially when considering how it relates to broader market trends.

第二个图表着重于称为“鲸鱼位置情绪”的技术指标。该指数由Alpharactal开发，测量了大型比特币持有人的行为，称为鲸鱼。这种情感的变化可能是技术分析的宝贵因素，尤其是在考虑与更广泛的市场趋势之间的关系时。

According to Alpharactal's analysis, increases in this sentiment index have historically been observed to precede price rallies, suggesting that whales might be accumulating BTC before retail traders follow in the accumulation phase.

根据Alpharactal的分析，历史上观察到这种情感指数的增加是在价格集会之前的，这表明鲸鱼可能在零售交易者遵循累积阶段之前积累了BTC。

Recently, a slight pullback in whale position sentiment has been noted, which follows a period of sustained build-up. This wave of accumulation by large institutions and/or firms could be a key factor contributing to the latest breakout above $100K.

最近，注意到鲸鱼位置情绪的略有回调，这是一段持续的积累。大型机构和/或公司的积累浪潮可能是导致$ 10万美元以上最新突破的关键因素。

Together, these two indicators suggest that Bitcoin's current price action is being fueled less by speculative retail frenzy and more by sustained institutional demand and strategic accumulation.

这两个指标共同表明，通过投机性零售疯狂，比特币的当前价格行动更少，而持续的机构需求和战略积累则更多。

With volatility returning and market structure strengthening, eyes will now be on whether this institutional momentum can carry Bitcoin toward new all-time highs in the second half of 2024.

随着波动率的回归和市场结构的加强，现在将注视着这种机构势头是否可以在2024年下半年将比特币带到新的历史最高点。