四项链上指标显示需求疲软,比特币复苏或面临阻力

BTC0,56%

Gate News 消息,今年以来,比特币 (BTC) 价格波动加剧,受地缘政治紧张局势和宏观经济压力影响,过去一周下跌约 4%。链上分析显示,比特币需求正显现疲软迹象,复苏或面临挑战。

Glassnode 的累积趋势评分接近零,表明不同钱包群体活动分散或不活跃。该公司指出,中小钱包在市场疲软时期往往倾向分散投资,与 2024 年第四季度不同,当时各类钱包积累活跃,推动价格上涨。Santiment 的数据显示,比特币巨鲸活动异常平静,每日超过 10 万美元交易数量降至 6,417 笔,超过 100 万美元交易量降至 1,485 笔,为过去两年新低。分析师认为,这反映出投资者在等待政策明朗及战争结束前普遍观望。

基本面方面,Bitcoin Vector 指出,比特币基本面指数持续下降,当前状况为缺乏支撑的稳定,而非健康盘整。CryptoQuant 分析师 Maartunn 也发现网络活动指数下降,显示整体需求疲软。当前链上状况表明,比特币上涨越来越依赖资金流动、空头回补或外部催化因素,而非网络自身强劲动力。

综合来看,四项链上指标均显示谨慎信号,比特币短期复苏可能受限。除非钱包参与度恢复或外部因素推动,否则比特币面临的阻力仍然存在。投资者需关注政策发展、地缘政治动态及市场资金流入,以判断价格能否突破当前压力区间。

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