<p>比特币的价格在过去一周经历了历史上最熊市的时期之一，接连失去了一个关键技术水平。根据数据，自 1 月中旬以来，加密货币市场已经流出价值 1 万亿美元的资金。</p>
<p>毫无疑问，熊市的出现使得投资者在接近市场时更加怀疑和谨慎。一个突显这种行为转变的链上指标是比特币的买方占比，该比例已降至新低。</p>
<p><strong>比特币买方占比降至 0.48</strong></p>
<p>在 CryptoQuant 平台上发布的一篇新的 Quicktake 文章中，市场分析师 CryptoOnchain 分享了关于比特币市场持续卖压的新链上视角。这一观察基于全球最大集中交易所 Binance 上买方占比的下降。</p>
<p>比特币买方占比是一个情绪指标，用于估算买方交易量与卖方交易量的比例。通常，低于 1 的值表明卖方交易量（激进卖出）超过了买方交易量，这意味着市场中的卖方压倒了买方。</p>
<p>CryptoOnchain 引用 CryptoQuant 的数据，透露 Binance 上的比特币买方占比（14 天移动平均）已降至 0.48，创下自 2025 年 10 月以来的最低水平。这种在全球最大交易所上的负面市场情绪突显了整体衍生品市场的令人担忧的趋势。</p>
<p>CryptoOnchain 表示：</p>
<p>降至如此显著的低点表明，卖方在订单簿上占据主导地位，积极压低买价而没有足够的买入抵抗。</p>
<p>正如这位加密货币专家所指出的，比特币买方占比的下降与最近的价格修正相吻合，后者使得这一主要加密货币的价格跌至约 61,000 美元。CryptoOnchain 指出，如果比特币价格要看到任何缓解，这一指标需要稳定并开始回升。</p>
<p>Quicktake 文章总结道：</p>
<p>为了实现潜在的反转或局部底部，我们需要看到这一指标稳定并开始向上趋势，表明激进的卖出已耗尽，买方重新入场。在此之前，建议保持谨慎，因为动能仍然严重偏向熊市。</p>
<p><strong>比特币价格一览</strong></p>
<p>在加密市场经历了最大的一天 “红色” 后，比特币的价格似乎正在良好恢复，周五已回升至 70,000 美元以上。截至撰写时，这一旗舰加密货币的估值约为 70,263 美元，反映出过去 24 小时内超过 11% 的价格跳涨。</p>

BTDR

BCOR

RIOT

<p>比特币市场目前正经历显著的看跌情绪，Binance 上的买方成交比率降至 0.48，为 2025 年 10 月以来的最低水平。这表明激进的卖出行为超过了买入，导致投资者保持谨慎。尽管最近价格跌至约 61,000 美元，但比特币已反弹至约 70,263 美元，反映出 24 小时内上涨了 11%。分析师建议，要实现潜在的市场反转，买方成交比率必须稳定并向上趋势，表明买入压力的回归</p>

<p>The price of Bitcoin experienced one of the most bearish periods in its history over the past week, losing one crucial technical level after the other. According to data, the cryptocurrency market has seen $1 trillion worth of capital flow out since mid-January.</p>
<div class="lb-trans"><p>比特币的价格在过去一周经历了历史上最熊市的时期之一，接连失去了一个关键技术水平。根据数据，自 1 月中旬以来，加密货币市场已经流出价值 1 万亿美元的资金。</p>
</div><p>With no doubt about the emergence of the bear season, investors are now approaching the market with greater skepticism and caution. One of the on-chain metrics highlighting this shift in behavior is the Bitcoin taker buy ratio, which has fallen to new lows.</p>
<div class="lb-trans"><p>毫无疑问，熊市的出现使得投资者在接近市场时更加怀疑和谨慎。一个突显这种行为转变的链上指标是比特币的买方占比，该比例已降至新低。</p>
</div><p><strong>BTC Taker Buy Ratio Drops To 0.48</strong></p>
<div class="lb-trans"><p><strong>比特币买方占比降至 0.48</strong></p>
</div><p>In a new Quicktake post on the CryptoQuant platform, market analyst CryptoOnchain shared a fresh on-chain angle to the ongoing selling pressure in the Bitcoin market. This observation is based on the declining Taker Buy Ratio on Binance, the world’s largest centralized exchange by trading volume.</p>
<div class="lb-trans"><p>在 CryptoQuant 平台上发布的一篇新的 Quicktake 文章中，市场分析师 CryptoOnchain 分享了关于比特币市场持续卖压的新链上视角。这一观察基于全球最大集中交易所 Binance 上买方占比的下降。</p>
</div><p>The Bitcoin Taker Buy Ratio is a sentiment indicator that estimates the proportion of trading volume owned by buyers against that of the sellers. Typically, values below 1 signal that taker sell volumes (aggressive selling) are outpacing taker buy volumes, which implies that sellers are overwhelming the buyers in the market.</p>
<div class="lb-trans"><p>比特币买方占比是一个情绪指标，用于估算买方交易量与卖方交易量的比例。通常，低于 1 的值表明卖方交易量（激进卖出）超过了买方交易量，这意味着市场中的卖方压倒了买方。</p>
</div><p>Highlighting data from CryptoQuant, CryptoOnchain revealed that the Bitcoin Taker Buy Ratio (14-day Moving Average) on Binance has dropped to 0.48, marking its lowest level since October 2025. Such a negative market sentiment on the world’s largest exchange spotlights a worrying trend in the general derivatives market.</p>
<div class="lb-trans"><p>CryptoOnchain 引用 CryptoQuant 的数据，透露 Binance 上的比特币买方占比（14 天移动平均）已降至 0.48，创下自 2025 年 10 月以来的最低水平。这种在全球最大交易所上的负面市场情绪突显了整体衍生品市场的令人担忧的趋势。</p>
</div><p>CryptoOnchain said:</p>
<div class="lb-trans"><p>CryptoOnchain 表示：</p>
</div><p>A drop to such a significant low suggests that sellers are overwhelmingly dominating the order book, aggressively hitting bids without sufficient buying resistance.</p>
<div class="lb-trans"><p>降至如此显著的低点表明，卖方在订单簿上占据主导地位，积极压低买价而没有足够的买入抵抗。</p>
</div><p>As the crypto pundit also pointed out, this drop in the Bitcoin Taker Buy Ratio coincided with the recent price correction, which saw the premier cryptocurrency fall to around $61,000. CryptoOnchain noted that this metric needs to stabilize and begin to rise again if the BTC price is to see any relief.</p>
<div class="lb-trans"><p>正如这位加密货币专家所指出的，比特币买方占比的下降与最近的价格修正相吻合，后者使得这一主要加密货币的价格跌至约 61,000 美元。CryptoOnchain 指出，如果比特币价格要看到任何缓解，这一指标需要稳定并开始回升。</p>
</div><p>The Quicktake post concluded:</p>
<div class="lb-trans"><p>Quicktake 文章总结道：</p>
</div><p>For a potential reversal or a local bottom, we need to see this metric stabilize and begin to trend upwards, indicating that aggressive selling is exhausted and buyers are stepping back in. Until then, caution is advised as the momentum remains heavily in favor of the bears.</p>
<div class="lb-trans"><p>为了实现潜在的反转或局部底部，我们需要看到这一指标稳定并开始向上趋势，表明激进的卖出已耗尽，买方重新入场。在此之前，建议保持谨慎，因为动能仍然严重偏向熊市。</p>
</div><p><strong>Bitcoin Price At A Glance</strong></p>
<div class="lb-trans"><p><strong>比特币价格一览</strong></p>
</div><p>After one of the largest “red” days in the crypto market, the price of BTC appears to be recovering nicely, having returned above the $70,000 on Friday. As of this writing, the flagship cryptocurrency is valued at around $70,263, reflecting an over 11% price jump in the past 24 hours.</p>
<div class="lb-trans"><p>在加密市场经历了最大的一天 “红色” 后，比特币的价格似乎正在良好恢复，周五已回升至 70,000 美元以上。截至撰写时，这一旗舰加密货币的估值约为 70,263 美元，反映出过去 24 小时内超过 11% 的价格跳涨。</p>
</div>

Bitcoin Taker Buy Ratio Signals Peak Bearish Sentiment — Relief Soon?

- 比特币在过去一周经历了历史上最看跌的时期之一，资本流出达 1 万亿美元。  
- 数据显示，比特币买入比率降至 0.48，体现出市场悲观情绪上升。  
- 虽然比特币价格回升至 70,263 美元，但市场依然需谨慎对待。

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比特币买入者成交比率显示出极端的看跌情绪——这种情况很快会得到缓解吗？