Coinbase Premium 的三角收敛暗示比特币价格可能出现重大波动

类似的 Coinbase Premium 模式在 2021-2022 年牛市期间创下了历史新高。

Bitcoin price has seen a 2.28% rise in the last 24 hours, recovering from a sharp decline and showing a promising sign of climbing back up.

比特币价格在过去 24 小时内上涨了 2.28%，从大幅下跌中恢复过来，并显示出回升的良好迹象。

After hitting a local low of $55,629 on Monday morning, Bitcoin began to rise and reached $58,401 by press time. This recent rise follows a steep decline last week, where BTC fell to as low as $52,732. As Bitcoin continues to trade below the crucial $62,000 price level, questions remain about whether this recovery will lead to a sustained rally or another dip.

在周一早上触及 55,629 美元的局部低点后，比特币开始上涨，截至发稿时达到 58,401 美元。最近的上涨是在上周大幅下跌之后，BTC 跌至 52,732 美元的低点。随着比特币继续低于关键的 62,000 美元价格水平，有关这种复苏是否会导致持续上涨或再次下跌的问题仍然存在。

However, data from the Coinbase Premium is hinting at a potential major price move in the coming days.

然而，来自 Coinbase Premium 的数据暗示未来几天可能出现重大价格变动。

Coinbase Premium suggests a major price move coming up

Coinbase Premium 表明即将出现重大价格变动

One key indicator that analysts are watching is the Coinbase Premium, which reflects the price difference between Bitcoin on Coinbase and Binance. According to the latest 1-hour Coinbase Premium chart, the volatility in the premium has decreased, and both the upper and lower bounds of the price range are converging into a triangular pattern.

分析师正在关注的一项关键指标是 Coinbase 溢价，它反映了 Coinbase 和 Binance 上比特币之间的价格差异。根据最新的1小时Coinbase溢价图表，溢价的波动性有所下降，价格范围的上限和下限正在收敛成三角形模式。

This pattern is often seen as a sign of an imminent major price movement, especially when it occurs after a period of high volatility.

这种模式通常被视为即将发生重大价格变动的迹象，特别是当它发生在一段高波动期之后时。

Historically, during the 2021-2022 bull market, a similar triangular convergence was observed in the Coinbase Premium before Bitcoin surged to new all-time highs.

从历史上看，在 2021-2022 年牛市期间，在比特币飙升至历史新高之前，Coinbase Premium 也出现了类似的三角收敛。

If this trend holds, the narrowing price gap could indicate that the market is finding its fair value, and a decisive upward or downward move is likely on the horizon.

如果这种趋势持续下去，价格差距的缩小可能表明市场正在寻找其公允价值，并且可能即将出现决定性的上涨或下跌。

Large investors, such as over-the-counter (OTC) desks and институты, might be engaging in a standoff before the next big shift in Bitcoin’s price.

在比特币价格发生下一次重大转变之前，场外交易（OTC）柜台和 институты 等大型投资者可能会陷入僵局。

Bitcoin still in a bear phase

比特币仍处于熊市阶段

It’s important to note that, despite the recent gains, BTC is still in a bear phase as it trades below the $62k price level.

值得注意的是，尽管近期有所上涨，但 BTC 仍处于熊市阶段，因为其交易价格低于 6.2 万美元。

Bitcoin’s market value to realized value (MVRV) ratio has been below its 365-day moving average since August 26, signaling bearish market conditions.

自 8 月 26 日以来，比特币的市值与实现价值 (MVRV) 比率一直低于其 365 天移动平均线，表明市场状况看跌。

Analysts suggest that this bear phase could delay any major rally unless Bitcoin breaks out of this consolidation.

分析师表示，除非比特币突破这种盘整，否则这个熊市阶段可能会推迟任何重大反弹。