尽管短期持有者面临损失，但比特币仍在飙升

在技​​术指标显示持续上涨趋势的推动下，比特币在过去 24 小时内飙升超过 3%。尽管势头良好，但短期持有者仍面临损失，导致比特币短期供应量下降，表明潜在的抛售压力。然而，长期持有者仍然保持乐观，积累比特币并影响市场动态。

Bitcoin Exhibits Bullish Momentum, But Short-Term Holders Endure Losses

比特币表现出看涨势头，但短期持有者承受损失

In a notable development within the cryptocurrency market, Bitcoin (BTC) has surged by more than 3% over the past 24 hours. This upswing marks a departure from the week-long price decline that had dampened market sentiment.

加密货币市场的一个显着发展是，比特币 (BTC) 在过去 24 小时内飙升了 3% 以上。此次上涨标志着与持续一周的价格下跌的情况有所不同，此前的一周价格下跌曾抑制了市场情绪。

Technical indicators suggest that this uptick may be sustained. The Relative Strength Index (RSI), Money Flow Index (MFI), and Moving Average Convergence Divergence (MACD), all indicate bullish momentum for BTC. If this trend continues, BTC's price could potentially reach $66,000.

技术指标表明这种上涨可能会持续。相对强弱指数（RSI）、资金流量指数（MFI）和移动平均收敛分歧（MACD）都表明了 BTC 的看涨势头。如果这种趋势持续下去，BTC 的价格可能会达到 66,000 美元。

However, despite the recent surge, short-term holders of BTC remain in a predicament. According to popular crypto analyst Ali, STHs would incur a 6.78% loss if they sold their holdings today. This loss is significant compared to the -12% maximum pain point observed during this bull cycle.

然而，尽管最近比特币价格飙升，但比特币的短期持有者仍处于困境。根据受欢迎的加密货币分析师 Ali 的说法，如果 STH 今天出售其持有的资产，将会遭受 6.78% 的损失。与本次牛市周期中观察到的 -12% 最大痛点相比，这一损失非常显着。

Data from Glassnode reveals a decline in the supply held by short-term holders, indicating that they are indeed selling their BTC at a loss. This observation raises the question of whether the sell-offs will exert downward pressure on BTC's price.

Glassnode 的数据显示，短期持有者持有的供应量下降，表明他们确实在亏本出售比特币。这一观察结果引发了这样的问题：抛售是否会对比特币价格造成下行压力。

In contrast to short-term holders, long-term holders (LTHs) appear to be maintaining a bullish stance. CryptoQuant data shows that BTC's binary CDD is green, indicating that LTHs are generally holding their coins. Additionally, the supply held by LTHs has increased, suggesting accumulation activity.

与短期持有者相反，长期持有者（LTH）似乎保持看涨立场。 CryptoQuant 数据显示，BTC 的二进制 CDD 呈绿色，表明 LTH 普遍持有其代币。此外，LTH 持有的供应量有所增加，表明积累活动。

Other metrics, however, paint a less optimistic picture. BTC's exchange reserve is increasing, implying that investors are dumping BTC. Both the Coinbase premium and Korea premium are red, indicating selling sentiment among U.S. and Korean investors.

然而，其他指标却描绘出一幅不太乐观的景象。 BTC的外汇储备正在增加，这意味着投资者正在抛售BTC。 Coinbase 溢价和韩国溢价均为红色，表明美国和韩国投资者的抛售情绪。

Furthermore, BTC's Fear and Greed Index has reached an "extreme greed" phase (85%). Historically, when the index reaches such levels, it often precedes a price correction.

此外，BTC的恐惧和贪婪指数已达到“极度贪婪”阶段（85%）。从历史上看，当指数达到这样的水平时，通常会发生价格调整。

Based on these technical indicators, it remains uncertain whether the current bull rally will be sustained. While bullish momentum is evident, the selling sentiment among short-term holders and the "extreme greed" phase suggest caution.

从这些技术指标来看，目前的牛市反弹能否持续仍存在不确定性。虽然看涨势头明显，但短期持有者的抛售情绪和“极度贪婪”阶段表明谨慎态度。

Overall, the recent surge in BTC's price is a positive development, but it is important to consider the potential risks and uncertainties associated with short-term trading.

总体而言，近期比特币价格的飙升是一个积极的发展，但重要的是要考虑与短期交易相关的潜在风险和不确定性。