比特币的OTC供应紧缩：机构为下一个公牛奔跑加油吗？

随着机构的积极积累，比特币的OTC Supply命中率低。这是$ 140K BTC的前奏吗？

Bitcoin's OTC Supply Squeeze: Institutions Fueling the Next Bull Run?

比特币的OTC供应紧缩：机构为下一个公牛奔跑加油吗？

Bitcoin, OTC supply, and institutions—these are the keywords buzzing in the crypto sphere right now. The latest scoop? Bitcoin's supply on over-the-counter (OTC) desks has plummeted to record lows, signaling that big players—we're talking institutional investors—are on an accumulation spree. Buckle up, because this could be the runway to the next major price surge.

比特币，OTC供应和机构 - 这些是Crypto Sphere中嗡嗡作响的关键字。最新的勺子？比特币在非处方（OTC）办公桌上的供应量下降以记录低点，这表明大型球员（我们正在谈论机构投资者）是积累的狂欢。扣紧，因为这可能是通往下一个主要价格上涨的跑道。

The Institutional Stampede: Why OTC Desks?

机构踩踏：为什么要OTC办公桌？

Why are institutions flocking to OTC desks like it's Black Friday for Bitcoin? Simple: discretion and efficiency. OTC desks allow these whales to execute massive trades without causing major ripples in the market. As Mr. Wall Street (a fitting name, no?) pointed out, this behavior mirrors previous bullish setups where Bitcoin experienced sharp upward momentum.

为什么机构像黑色星期五的比特币一样涌向OTC办公桌？简单：酌处权和效率。 OTC桌子允许这些鲸鱼执行大规模交易，而不会引起市场上的重大波动。正如华尔街先生（一个合适的名字，不？）指出的那样，这种行为反映了以前的看涨设置，比特币经历了敏锐的势头。

So, what's driving this institutional confidence? A cocktail of factors: a weakening U.S. dollar, increased global liquidity, and even a rally in gold prices as hedge funds diversify their portfolios. It's like the perfect storm for Bitcoin.

那么，是什么推动了这种机构信心？一系列因素鸡尾酒：削弱美元，全球流动性增加，甚至是黄金价格的集会，因为对冲基金使其投资组合多样化。这就像比特币的完美风暴。

Technical Indicators: Green Lights Flashing

技术指标：绿灯闪烁

But it's not just about institutional sentiment. The technicals are also looking pretty darn good. Bitcoin recently smashed through its EMA25 (Daily) and successfully retested the EMA50 (Daily), confirming strong buyer interest. In layman's terms? The bulls are in charge, and they're not shy about it.

但这不仅与机构情绪有关。技术人员看起来也很不错。比特币最近在其EMA25（每日）中粉碎，并成功地重新测试了EMA50（每日），确认了强大的买家兴趣。用外行的话？公牛负责，他们对此并不害羞。

Analysts are eyeing price targets of $119,000, $123,000, and ultimately, $140,000. Ambitious? Maybe. But these levels represent key liquidity zones that could attract significant market activity. Keep a close watch on upcoming macroeconomic data, especially U.S. labor reports, as these could inject some volatility into the mix.

分析师的目标价格为119,000美元，$ 123,000，最终为140,000美元。雄心勃勃？或许。但是这些水平代表了可能吸引大量市场活动的关键流动性区域。密切关注即将到来的宏观经济数据，尤其是美国的劳动报告，因为这些数据可能会将某些波动性注入混合。

Ethereum Joins the Party: Institutional Interest Broadens

以太坊加入党：机构利益扩大

It's not just Bitcoin hogging the spotlight. Ethereum is also feeling the love from institutional investors. Spot ETH ETFs from big names like BlackRock, Fidelity, and Grayscale have seen massive inflows, signaling real corporate demand. Some analysts are even forecasting ETH to hit $4,000+ and even $7,000 by Q4 2025. Altcoins may also get some love in the coming months, so keep an eye out for those.

不仅是比特币引起人们的关注。以太坊还感受到了机构投资者的爱。诸如贝莱德，富达和灰度等大人物等大人物的ETH ETF看到了大量流入，这表明了真正的企业需求。一些分析师甚至可以预测ETH将达到4,000美元以上的价格，甚至在第4季度2025年达到7,000美元。在接下来的几个月中，Altcoins也可能会得到一些爱，因此请留意这些爱。

My Two Satoshis: Is This Time Different?

我的两个satoshis：这次有不同吗？

Now, for my personal take. We've seen this movie before, right? Institutions accumulate, price pumps, everyone celebrates, and then… well, you know. But this time feels different. The macroeconomic backdrop is unique, institutional adoption is more widespread, and the technicals are aligned. Of course, crypto is crypto, so anything can happen. But I'm cautiously optimistic that this OTC supply squeeze is a genuine signal of long-term bullish momentum.

现在，为了我个人。我们以前看过这部电影，对吗？机构积累，价格泵，每个人都在庆祝，然后……好吧，你知道。但是这一次感觉不同。宏观经济背景是独一无二的，机构采用更广泛，而且技术是一致的。当然，加密货币是加密货币，所以任何事情都可能发生。但是我谨慎地对这种OTC供应压缩是长期看涨势头的真正信号。

The data really does point to some bullish sentiment. With the recent surge of institutional interest into Ethereum and the halving that just took place a couple of months ago for Bitcoin, it's not surprising to see markets starting to move.

数据确实表明了一些看涨的情绪。随着最近几个月前对比特币发生的机构兴趣激增，而仅在几个月前进行的减半，看到市场开始发展也就不足为奇了。

The Bottom Line: Stay Long, Stay Vigilant

底线：待久，保持警惕

Analysts suggest maintaining long positions and using pullbacks as opportunities to accumulate. In other words, ride the wave, but don't get wiped out. Keep an eye on those key levels, watch the macroeconomic data, and always, always do your own research.

分析师建议维持较长的位置并使用回调作为积累的机会。换句话说，骑着波浪，但不要删除。密切关注这些关键水平，观看宏观经济数据，并始终进行自己的研究。

So, there you have it. Bitcoin's OTC supply is drying up, institutions are loading up, and the stage is set for a potential multi-leg rally. Will it happen? Only time will tell. But one thing's for sure: it's going to be an interesting ride. HODL on tight!

所以，你有。比特币的OTC供应正在枯竭，机构正在加载，并且为潜在的多腿拉力赛设定了阶段。会发生吗？只有时间会证明。但是可以肯定的是：这将是一个有趣的旅程。 hodl紧紧！