比特币再次超过了以前的历史高

比特币再次超过了以前的历史最高高点，在加密货币市场的持续看涨势头中，新的峰值高于111,000美元。

Bitcoin (BTC) price rose again on Wednesday to hit a new all-time high above $111,000 amid continuing bullish momentum in the crypto market.

比特币（BTC）的价格在周三再次上涨，在加密货币市场的持续看涨势头中，有历史新高的高度超过111,000美元。

Bitcoin price is currently trading at $111,226, reflecting a 2.2% increase in the past 24 hours. The apex coin has now moved beyond the psychological threshold of $110,000, setting the stage for further gains in the medium term.

比特币价格目前的交易价格为111,226美元，反映了过去24小时的2.2％。最高硬币现在已经超出了110,000美元的心理门槛，在中期为进一步的收益奠定了基础。

However, emerging risks are being signaled by underlying market data, which analysts are keeping an eye on.

但是，通过潜在的市场数据来表达新兴风险，分析师一直在关注这些风险。

Binance Bitcoin Inflows And MVRV Ratio Point To Sustained Bullish Setup, Analyst Reveals

分析师透露，二元比特币的流入和MVRV比率指向持续的看涨设置。

CryptoQuant contributor Amr Taha recently published an analysis highlighting key metrics from Binance, including net flows, open interest, and leverage levels. These metrics, when taken together, reveal a familiar setup that may indicate emerging risks and a sustained bullish setup, signaled by the MVRV ratio remaining above 1.0 throughout the uptrend.

加密贡献者Amr Taha最近发表了一项分析，该分析强调了Binance的关键指标，包括净流，开放兴趣和杠杆水平。这些指标合在一起时，揭示了一种熟悉的设置，该设置可能表明新兴风险和持续的看涨设置，这在整个上升趋势中均高于1.0的MVRV比率。

This setup is similar to December 2024, a period that preceded short-term corrections, according to the analyst.

根据分析师的说法，该设置类似于2024年12月，这是在短期校正之前的时期。

While Bitcoin’s price action has remained positive, the presence of high exchange inflows and speculative positioning could indicate that some investors are preparing for profit-taking. According to Taha, Binance has observed a notable increase in inflows, with approximately 3,000 BTC and 60,000 ETH entering the exchange as Bitcoin broke its all-time high.

尽管比特币的价格行动一直保持积极，但高交换流入和投机定位的存在可能表明一些投资者正在准备获利。根据塔哈（Taha）的说法，Binance观察到流入量的显着增加，随着比特币的历史最高水平，大约3,000 BTC和60,000 ETH进入了交易所。

This shift from net outflows to inflows suggests that investors may be transferring assets to trading platforms with the intent to sell or adjust their positions.

从净流出到流入的这种转变表明，投资者可能正在将资产转移到交易平台上，目的是出售或调整其头寸。

Historically, large net inflows during price peaks have been linked to increased selling activity, particularly when market participants aim to secure gains after extended uptrends.

从历史上看，价格高峰期间的大量净流入与增加的销售活动有关，尤其是当市场参与者旨在在扩大上升趋势后获得增益时。

Amr Taha's analysis in the CryptoQuant Loghighlights the occurrence of several indicators that could signal emerging risks and a sustained bullish setup, signaled by the MVRV ratio remaining above 1.0 throughout the uptrend. This setup is similar to December 24, a period that preceded short-term corrections, according to the analyst.

AMR TAHA在加密标志中的分析表明，几种指标的出现，这些指标可能表明出现的风险和持续的看涨设置，这是由MVRV比率在整个上升趋势中保持高于1.0的标志。根据分析师的说法，该设置类似于12月24日，这是在短期校正之前的时期。

While Bitcoin's price action has remained positive, the presence of high exchange inflows and speculative positioning could indicate that some investors are preparing for profit-taking. According to Taha, Binance has observed a notable increase in inflows, with approximately 3,000 BTC and 60,000 ETH entering the exchange as Bitcoin broke its all-time high.

尽管比特币的价格行动一直保持积极，但高交换流入和投机定位的存在可能表明一些投资者正在准备获利。根据塔哈（Taha）的说法，Binance观察到流入量的显着增加，随着比特币的历史最高水平，大约3,000 BTC和60,000 ETH进入了交易所。

This shift from net outflows to inflows suggests that investors may be transferring assets to trading platforms with the intent to sell or adjust their positions.

从净流出到流入的这种转变表明，投资者可能正在将资产转移到交易平台上，目的是出售或调整其头寸。

According to the data, Binance typically experiences outflows during periods of consolidation and sideways trading. However, a sustained period of net inflows is usually observed during trending markets, especially as prices approach all-time highs.

根据数据，Binance通常在合并和侧向交易期间经历流出。但是，通常在趋势市场期间观察到持续的净流入期，尤其是当价格临近时期。

According to Taha, large net inflows during price peaks have been linked to increased selling activity, especially when market participants aim to secure gains after extended uptrends.

据塔哈（Taha）称，价格高峰期间的大量净流入与增加的销售活动有关，尤其是当市场参与者的目标是在扩大上升趋势之后获得收益时。

"During periods of consolidation or lower-highs, we usually see outflows as traders prefer to hold their coins in cold storage. But during trending markets, especially as prices approach all-time highs, we usually see sustained periods of net inflows," Taha explained.

塔哈解释说：“在合并或较低的时期，我们通常会看到流出，因为交易者更喜欢将硬币放在冷藏中。但是在趋势市场，尤其是当价格临时高高时，我们通常会看到持续的净流入期。”

"This is especially true when considering that we're seeing large-scale outflows during periods of consolidation or lower-highs, and then we usually observe sustained periods of net inflows during trending markets, especially as prices approach all-time highs. This indicates that traders are aiming to secure gains after extended uptrends."

“在考虑到合并期间或较低高点期间我们看到大规模流出时，这尤其如此，然后我们通常会观察到趋势市场期间持续的净流入时期，尤其是当价格近乎临时。这表明交易者的目标是在扩展增强后的增长后，旨在确保收益。”

Coinbase Pro Bitcoin futures OI has dropped to lows last seen during the December 2024 bottom, signaling that leveraged traders may be reducing their positions or rolling them over to shorter-term time frames. This is in contrast to the December 2024 top, where OI reached highs, indicating the accumulation of leveraged positions.

Coinbase Pro Bitcoin Futures OI已在2024年12月的底部降至最低点，这表明杠杆交易者可能正在减少其位置或将其滚动到较短的时间范围。这与2024年12月OI达到高点的顶部相反，表明杠杆位置的积累。

Coinbase Pro Bitcoin futures OI dropped to lows last seen during the December 24 bottom, signaling that leveraged traders may be reducing their positions or rolling them over to shorter-term time frames. This is in contrast to the December 24 top, where OI reached highs, indicating the accumulation of leveraged positions.

Coinbase Pro比特币期货在12月24日的底部跌至最低点，这表明利用交易者可能正在减少其位置或将其滚动到较短的时间范围。这与12月24日的顶部（OI达到高点）相反，表明杠杆位置的积累。

However, open interest (OI) on Binance has climbed back above $12 billion levels last seen in December 2024. Open interest is the total value of outstanding futures contracts and is often viewed as an indicator of speculative engagement in the market.

但是，二元开放利息（OI）在2024年12月上次上次升至120亿美元以上。开放利息是未偿还期货合约的总价值，通常被视为投机参与市场的指标。

While rising OI can support upward continuation during bullish phases, it may also increase the risk of volatility if not supported by fresh spot market demand.

尽管上升的OI可以在看涨期间支持向上的延续，但如果不受新的现货市场需求支持，它也可能会增加波动性的风险。

"Open interest is now back above $12B on Binance, largely driven by futures traders. This is the highest level since December 24, which is interesting given that we're seeing lower levels of open interest on Coinbase Pro for both spot and futures markets

“开放兴趣现在恢复了二元的$ 12B，这主要是由期货交易者驱动的。这是自12月24日以来的最高水平，这很有趣，因为我们看到Coinbase Pro在现场和期货市场上的开放兴趣较低