成功的$ 10万美元的休息可能会打开价格发现的道路：玻璃节

在最近展示了积极的势头之后，比特币恢复到六位数的估值的价格一直是加密货币市场上最受欢迎的叙述。

In a recent post on X, blockchain analytics firm Glassnode shed light on the behavior of Bitcoin (BTC) long-term holders (LTH) and how it could impact the flagship cryptocurrency’s price trajectory in the coming days.

在有关X的最新文章中，区块链分析公司的玻璃节目阐明了比特币（BTC）长期持有人（LTH）的行为，以及它如何影响旗舰加密货币在未来几天的价格轨迹。

Long-term holders are defined as investors who have not moved their coins for more than 155 days. According to the latest on-chain data, LTHs have been in an accumulation phase, with over 254,000 BTC aging beyond 155 days since the recent price low.

长期持有人被定义为投资者，他们在155天以上没有移动硬币。根据最新的链链数据，LTHS处于累积阶段，自最近价格低下以上的155天以上，超过254,000 BTC的老化。

Most of these investors purchased their coins above the $95,000 price level, Glassnode added.

GlassNode补充说，这些投资者中的大多数都购买了高于95,000美元的价格水平的硬币。

As the total supply held by LTHs increases, it indicates that their spending has remained minimal and light, even amid bearish pressure and uncertain market conditions over the past month. This positive trend signals renewed confidence and the LTHs’ lack of interest in reducing their exposure in the market.

随着LTHS持有的总供应量的增加，这表明他们的支出在过去一个月中的压力和不确定的市场状况中也保持最低和光明。这种积极的趋势标志着增强了信心，LTHS缺乏减少其市场曝光率的兴趣。

However, LTHs typically begin distributing their coins around 350% unrealized profit margins, which corresponds with a Bitcoin price of roughly $99,900. As the BTC price edges closer to this level, we might see heightened sell-side pressure.

但是，LTH通常开始将其硬币分配约350％未实现的利润率，这与比特币价格约为99,900美元。随着BTC价格越来越接近此水平，我们可能会看到卖方压力加剧。

Moreover, a large portion of coins was purchased within the $95,000 – $98,000 zone, forming a supply barrier. The Bitcoin price could experience significant downward pressure if investors with cost bases within this range decide to exit at breakeven or after realizing minimal profit.

此外，在$ 95,000 - 98,000美元的区域内购买了大部分硬币，形成了供应障碍。如果具有成本基础在此范围内的投资者决定退出以收支平衡或实现最低利润后退出，则比特币价格可能会遇到巨大的向下压力。

This potential sell-side pressure from the large BTC supply in the $95,000 – $98,000 region, as well as from LTHs distributing their coins around the $99,900 level, creates a major resistance barrier.

这种潜在的卖方压力来自BTC大型供应，在95,000美元至98,000美元的地区，以及LTHS在99,900美元左右分配硬币的销售端压力，造成了主要的阻力障碍。

Nevertheless, a successful breach of the $100,000 mark could open the path for price discovery, considering the minimal coin supply above this price point.

尽管如此，考虑到该价格高于此价格的最小硬币供应，成功违反了100,000美元的商标可能会为价格发现的道路开辟道路。