比特币的长期持有人：减轻销售信号信号是镇定的吗？

比特币的长期持有人正在放松其销售，这表明可能向市场稳定和积累阶段转变。这对比特币的下一个大举动意味着什么？

Bitcoin's Long-Term Holders: Sales Easing Signals Bullish Calm?

比特币的长期持有人：减轻销售信号信号是镇定的吗？

Are Bitcoin's long-term holders (LTH) finally taking a breather? Recent data suggests a slowdown in their selling activity, hinting at a potential shift in market dynamics. Let's dive into what this could mean for Bitcoin's future.

比特币的长期持有人（LTH）终于喘口气了吗？最近的数据表明，他们的销售活动放缓，暗示了市场动态的潜在转变。让我们深入了解这对比特币的未来意味着什么。

Long-Term Holders Tap the Brakes on Sales

长期持有人利用销售刹车

Recent on-chain data reveals a potentially significant shift in the behavior of Bitcoin's long-term holders. According to analytics, the pace at which these seasoned investors are selling their coins has decreased considerably. This is based on the Coin Days Destroyed (CDD) Multiple metric, which tracks the intensity of coin spending relative to historical averages. A lower CDD Multiple indicates reduced selling pressure from these key players.

最近的链上数据表明，比特币长期持有人的行为可能存在重大变化。根据Analytics的说法，这些经验丰富的投资者出售硬币的速度大大减少。这是基于被破坏的硬币日（CDD）多个度量标准，该度量标准了相对于历史平均值的硬币支出的强度。较低的CDD多重表明这些主要参与者的销售压力降低。

What Does This Mean for Bitcoin's Price?

这对比特币的价格意味着什么？

With Bitcoin currently trading around $109,000, the easing of sales by long-term holders could signal a period of stabilization. Historically, similar behavior has preceded accumulation phases, where the confidence of these experienced investors helps to prevent further price declines. Instead of panic selling, they appear to be holding their positions, possibly anticipating stronger market moves.

随着比特币目前的交易约为109,000美元，长期持有人的销售放松可能表明一段时间的稳定。从历史上看，类似的行为在积累阶段之前，这些经验丰富的投资者的信心有助于防止进一步的价格下降。他们似乎没有恐慌销售，而是持有自己的头寸，可能会预见到更强大的市场转移。

A Glimmer of Hope for Bitcoin's Next Expansion?

对比特币的下一个扩展的希望？

Could this be the groundwork for Bitcoin's next big expansion? The reduced CDD Multiple might suggest that the market is preparing for a new phase of growth. Keeping a close watch on movements around the recent swing low, alongside CDD activity, will be crucial for making informed investment decisions.

这可能是比特币下一个大型扩展的基础吗？减少的CDD倍数可能表明，市场正在为新的增长阶段做准备。密切关注最近的Swing Low的动作以及CDD活动，对于做出明智的投资决策至关重要。

Bitcoin Still a Cornerstone, but Not Always the First Stop

比特币仍然是基石，但并不总是第一站

While long-term holders' behavior hints at underlying strength, it's worth noting a broader trend: Bitcoin isn't always the automatic first choice for crypto newcomers. A CoinGecko survey highlighted that just over half of new entrants include Bitcoin in their initial portfolios, with a growing number opting for altcoins. This diversification underscores the maturing nature of the crypto space. However, experts agree Bitcoin remains a cornerstone asset, much like gold in traditional finance.

尽管长期持有人的行为暗示了潜在的力量，但值得注意的是一种更广泛的趋势：比特币并不总是是加密新移民的自动首选。一项小姐调查强调，最初的投资组合中只有一半以上的新进入者包括比特币，而越来越多的人选择了altcoins。这种多样化强调了加密空间的成熟性质。但是，专家认为比特币仍然是基石资产，就像传统金融中的黄金一样。

The Bottom Line

底线

The easing of sales by Bitcoin's long-term holders, coupled with Bitcoin's established role as a benchmark, paints a picture of cautious optimism. While the market remains volatile, these indicators suggest that the groundwork for Bitcoin's next significant move may be underway.

比特币的长期持有人的销售放松，再加上比特币作为基准的既定角色，都描绘了谨慎的乐观图片。尽管市场仍然波动，但这些指标表明，比特币的下一个重大举措的基础可能正在进行中。

So, is this the calm before the next crypto storm, or the beginning of a beautiful bull run? Only time will tell, but one thing's for sure: keeping an eye on those long-term holders is always a smart move. Happy hodling, folks!

那么，这是在下一次加密风暴之前的平静，还是美丽的公牛跑步的开始？只有时间会说明，但是可以肯定的是：关注那些长期持有人始终是一个明智的举动。霍德林快乐，伙计们！