随着比特币眼睛价格发现，被困的范围戏剧性的波动性

比特币的交易范围在100,000美元至105,000美元之间，这引发了渴望下一步重大行动的投资者的不耐烦。

Bitcoin (BTC) has been trading in a narrow range between $100,000 and $105,000, sparking growing impatience among investors eager for the next major move. After weeks of bullish momentum and a sharp climb from April lows, the market has entered a phase of quiet consolidation.

比特币（BTC）的交易范围在100,000美元至105,000美元之间，这引发了渴望下一步重大行动的投资者的不耐烦。经过数周的看涨势头和四月低点的急剧攀升，市场进入了安静的巩固阶段。

While this kind of sideways price action may seem uneventful, it often precedes volatility, and traders are watching closely. According to fresh data from CryptoQuant, traders—those holding Bitcoin for 1 to 3 months—are now firmly back in profit territory. Their average profit/loss margin has swung from a -19% deficit to +21% in just one month, highlighting how much the recent rally has shifted sentiment. The 30-day moving average of their profit now sits at around +9%, a healthy but not yet overheated level.

尽管这种侧向价格行动似乎很顺利，但通常在波动之前，交易者正在密切关注。根据CryptoQuant的新数据，交易者（持有比特币1到3个月）现在牢固地回到了利润领域。他们的平均利润/损失利润率从一个月内从-19％的赤字下降到 +21％，这突出了最近的集会改变了多少情绪。现在，他们的利润30天移动平均值约为9％，这是健康但尚未过热的水平。

This recovery in unrealized gains suggests that market participants who bought the dip have been rewarded and may now be positioning for another leg up or preparing to take profits. As the trading range tightens, the market appears coiled for a decisive move. Whether Bitcoin breaks new all-time highs or faces a deeper pullback remains to be seen. For now, the wait continues.

未实现的收益中的这种恢复表明，购买了DIP的市场参与者已获得奖励，现在可能正在定位另一条腿或准备获利。随着交易范围的收紧，市场出现盘绕以做出决定性的举动。比特币打破了新的历史高潮还是面对更深的回调还有待观察。目前，等待继续。

Traders Back In Profit As Bitcoin Eyes Price Discovery

随着比特币眼睛价格发现，交易者重新获得利润

随着比特币眼睛价格发现，交易者重新获得利润

Bitcoin is showing signs of strength as it hovers just below its all-time high near $109,000. Despite recent upward momentum, the $105,000 resistance level has proven difficult to break, keeping BTC locked in a tight range between $100,000 and $105,000.

比特币表现出强度的迹象，因为它徘徊在其历史最高售价近109,000美元以下。尽管最近势头向上，但105,000美元的阻力水平已被证明很难中断，使BTC锁定在100,000美元至105,000美元之间。

This consolidation has created a sense of market indecision, with bulls attempting to maintain control while bears test their resolve. Still, the broader trend remains bullish, and many investors believe a breakout into price discovery is imminent if current support holds.

这种整合产生了一种犹豫不决的犹豫感，公牛试图在熊测试他们的决心时保持控制。尽管如此，更广泛的趋势仍然是看好的，许多投资者认为，如果目前的支持持有，将即将进行价格发现的突破。

Top analyst Darkfost shared insights into on-chain activity, highlighting that traders—defined as wallets holding Bitcoin for 1 to 3 months—have returned to profit. Their profit/loss margin has shifted dramatically from -19% to +21% over the past month, a sign of renewed market confidence. The 30-day moving average for this cohort’s profitability now sits at +9%, indicating a healthy but not excessive gain.

顶级分析师DarkFost分享了对链活动活动的见解，强调了交易者（被定义为持有比特币1到3个月的钱包）恢复了盈利。在过去的一个月中，他们的利润/损失利润率已从-19％急剧转移到 +21％，这表明了市场信心的迹象。该队列的盈利能力的30天移动平均值现在为9％，表明健康的增长不足。

Interestingly, since the last correction, the realized price for these traders has dropped to $84,600 and appears to be stabilizing. This suggests increased buying activity during the dip, reinforcing the bullish structure. While current levels are far from the overheated zone of +40%, rising unrealized profits may soon tempt some investors to take partial gains.

有趣的是，自上次更正以来，这些交易者的实现价格已降至84,600美元，似乎正在稳定。这表明在浸入过程中的购买活动增加，从而增强了看涨的结构。尽管目前的水平远离 +40％的过热区域，但未实现的利润上升可能很快就会吸引一些投资者取得部分收益。

The coming days are likely to be decisive. A breakout above $105K could open the doors to price discovery, while failure to hold support may trigger short-term selling. For now, Bitcoin remains at a pivotal point.

未来几天可能是决定性的。超过$ 105K的突破可能打开了价格发现的大门，而未能持有的支持可能会触发短期销售。目前，比特币仍然处于关键点。

Technical Details: Calm Before The Big Move

技术细节：大步前冷静

技术细节：大步前冷静

Bitcoin is currently trading around $103,300 after failing to break through the $103,600 resistance level. This area has become a key short-term barrier for bulls as price consolidates tightly beneath it.

在未能突破103,600美元的电阻水平后，比特币目前的交易约为103,300美元。由于价格紧紧地在其下方，该地区已成为公牛队的主要短期障碍。

The chart shows a clear structure of strong bullish momentum from early May, pushing BTC from the $87,000 area into the $100K–$105K zone. However, recent candles reflect indecision, with several wicks above $103,600 being rejected and the price closing below.

该图显示了5月初从5月初开始的强劲看涨势头的明确结构，将BTC从87,000美元的地区推向了$ 100K- $ 105K的区域。但是，最近的蜡烛反映了犹豫不决，几个高于$ 103,600的灯芯被拒绝，而价格下面的价格则在下面。

Despite the rejection, bulls continue to defend the $100,000 support level effectively. The 200-day EMA and SMA are far below current prices—sitting around $88,000 and $92,600—highlighting the strength of the recent uptrend. Volume is decreasing slightly, suggesting that traders are waiting for a clear breakout or breakdown before committing to a new direction.

尽管被拒绝了，但公牛仍继续有效地捍卫100,000美元的支持水平。 200天的EMA和SMA远低于当前价格（约为88,000美元和92,600美元），这幅度为最近上升趋势的实力。数量略有减少，表明交易者正在等待明确的突破或分解，然后才能迈向新的方向。

If Bitcoin can reclaim and hold above $103,600, a retest of the all-time high near $109K becomes increasingly likely. On the other hand, a loss of $100K could open the door to a deeper retracement toward the $96K–$94K range.

如果比特币可以收回并持有超过103,600美元，那么重新估价$ 109K的重新测试越来越有可能。另一方面，损失$ 10万美元可能会为$ 96K - $ 9.4K范围的更深层次回溯打开大门。