比特币矿工正在为延长集会做准备吗？

有趣的是，自2024年第四次减半以来，比特币矿工已经变得越来越反动，他似乎也对BTC的价格有了信心。

After touching a three-month high of $103,800 on Friday, May 9, the price of Bitcoin had a slow start to the weekend before resuming its run toward $014,000. While the premier cryptocurrency continues to hold above the $100,000 mark, market participants appear to trust the coin to make a play for fresh highs over the coming weeks.

在5月9日（星期五）触及了三个月高点的103,800美元之后，比特币的价格在周末开始时的开端很慢，然后恢复了$ 014,000。尽管总理加密货币持续超过100,000美元的成绩，但市场参与者似乎相信硬币可以在接下来的几周内为新鲜高点发挥作用。

Interestingly, the Bitcoin miners, who have become increasingly reactionary since the fourth halving in 2024, seem to also have renewed confidence in the price of BTC. The latest on-chain data shows that the miners have been holding onto their assets in recent weeks, coinciding with the coin’s latest price rally.

有趣的是，自2024年第四次减半以来，比特币矿工已经变得越来越反动，他似乎也对BTC的价格有了信心。最新的链链数据表明，矿工在最近几周内一直持有其资产，这与硬币的最新价格集会相吻合。

Are Bitcoin Miners Preparing For An Extended Rally?

比特币矿工正在为延长集会做准备吗？

In a May 10 post on X, crypto analytics platform Alphractal revealed that Bitcoin miners are becoming less active in the market, accumulating their mining rewards rather than selling them for profit. The relevant indicator here is the Miner Sell Pressure metric, which measures the selling strength of Bitcoin miners over a given period.

在5月10日在X上的帖子中，Crypto Analytics平台Alphractal透露，比特币矿工在市场上变得越来越活跃，积累了他们的采矿奖励，而不是为了利润而出售它们。这里的相关指标是矿工出售压力指标，该指标衡量了给定时期比特币矿工的销售强度。

This metric compares the total BTC outflows from miners over the past 30 days with the average amount of coins in their reserves within the same period. The Miner Sell Pressure indicator provides valuable insight into the behavior and sentiment of a relevant group of network participants.

该指标将过去30天的矿工的总BTC流出与同期储量中的平均硬币数量进行了比较。矿工出售压力指标可对相关网络参与者组的行为和情感提供宝贵的见解。

In the highlighted chart, the red color represents high selling pressure amongst these Bitcoin miners and is often correlated with a sluggish market condition. The green color, on the other hand, reflects a low miner sell pressure, which could be a positive sign for the price of Bitcoin.

在突出显示的图表中，红色代表了这些比特币矿工之间的高销售压力，并且通常与低迷的市场状况相关。另一方面，绿色反映了矿工销售压力低，这可能是比特币价格的积极迹象。

This chart shows the relative strength of the selling pressure from Bitcoin miners over the past 30 days compared to the average amount of coins held by miners in the same period.

该图表显示了过去30天比特币矿工的销售压力相对强度，而矿工在同一时期的平均硬币数量。

The Miner Sell Pressure indicator enters the red territory when the Miner Pressure moving average (blue line) crosses above the upper band (red line), signaling intense bearish pressure from miners. Meanwhile, the Miner Pressure line crosses beneath the lower band (green line), suggesting low selling pressure from miners.

当矿工压力移动平均值（蓝线）交叉上方（红线）时，矿工出售压力指示器进入红色区域，这是矿工的信号强烈的看跌压力。同时，矿工压力线越过下部带（绿线），这表明矿工的销售压力低。

According to data provided by Alphractal, the Miner Pressure line recently crossed beneath the lower band, suggesting that the network miners have been holding on to their coins in recent weeks. The on-chain analytics firm added that this metric is at its lowest level since 2024, as miners seem to be waiting for the Bitcoin price to claim fresh highs.

根据Alphractal提供的数据，矿工压力线最近越过下部频带下方，这表明网络矿工最近几周一直坚持其硬币。这家链链分析公司补充说，该指标处于自2024年以来的最低水平，因为矿工似乎正在等待比特币价格要求新鲜的高点。

While the Bitcoin market has somewhat matured such that miners’ selling doesn’t have that much significant impact on prices, an extended period of low selling pressure from the network participants could be naturally bullish for the premier cryptocurrency. Alphractal, however, noted that the market may see renewed selling interest as prices move in the coming weeks. 

尽管比特币市场已经成熟，因此矿工的销售不会对价格产生太大影响，但网络参与者的销售压力很长时间可能自然而然地看涨。但是，Alphractal指出，随着未来几周价格的上涨，市场可能会看到新的销售利息。

Bitcoin Price At A Glance

比特币价格一目了然

As of this writing, the price of BTC stands at around $104,250, reflecting an over 1% rise in the past 24 hours.

截至撰写本文时，BTC的价格约为104,250美元，反映了过去24小时的1％以上。