Bitcoin market shouts 'sell,' but this fundamental urges 'buy'
Bitcoin market shouts 'sell,' but this fundamental urges 'buy'
The world's first cryptocurrency $Bitcoin(BTC.CC)$ had a couple of bad months, which recent on-chain data analysis revealed that Bitcoin addresses in profit recently reached nearly 55.7%, which means most are profiting, but it is a two-year low nonetheless.
世界上第一種加密貨幣$比特幣(BTC.CC)$最近幾個月情況不佳，最近的鏈式數據分析顯示，比特幣地址的利潤最近達到了近55.7%，這意味着大多數地址都在盈利，但這仍然是兩年來的低點。
What Happened: On-chain data-based metric reserve risk paints a ray of hope into Bitcoin's currently gloomy market. According to data shared in a Tuesday tweet by an account of Glassnode dedicated to sharing findings of the blockchain data firm, Bitcoin's reserve risk reached an all-time low of 0.000024.
怎麼了：基於鏈上數據的指標儲備風險為目前低迷的比特幣市場描繪了一線希望。根據Glassnode一個致力於分享區塊鏈數據公司發現的賬號週二發佈的推文中分享的數據，比特幣的儲備風險達到了0.000024的歷史最低水平。
Why It Matters: The reserve risk is defined as the confidence of long-term Bitcoin holders relative to the price of the coin at any given time. When the confidence is high and the price is low, this sends a strong buy signal for long-term traders and investors.
為什麼這很重要：儲備風險定義為長期比特幣持有者在任何給定時間相對於比特幣價格的信心。當信心高、價格低時，這對長期交易者和投資者發出了強烈的買入信號。
Reserve Risk is low when HODLer conviction is high, unspent opportunity cost is increasing, and price is low and thus, there is an attractive risk/reward to invest."
- Glassnode wrote.
當霍德勒信任度較高、未花費的機會成本增加、價格較低時，儲備風險較低，因此，投資具有吸引力的風險/回報。“
-Glassnode寫道。
Currently, the reserve risk is deep into the green zone, so deep that it has not been this low ever before. Look Into Bitcoin claims:
目前，儲備風險深入到綠區，深到前所未有的低水平。調查一下比特幣的説法：
"Investing in Bitcoin during periods where Reserve Risk is in the green zone has produced outsized returns over time."
“在儲備風險處於綠區的時期投資比特幣，隨着時間的推移產生了超高的回報。”