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分析师:比特币正突破底部并开启涨势,长期持有者 SOPR 升破 1

2026-09-15 09:59:54

ChainCatcher 消息,CryptoQuant 分析师 CW8900 发文指出,比特币正突破底部并开启涨势,长期持有者(LTH)的已花费产出利润率(SOPR)正升至 1 以上,市场从看跌阶段转向中性,全面上涨趋势开启。

他强调,本轮周期中 SOPR 尚未超过 6,而历史上周期顶部通常在该区间形成,这意味着长期持有者尚未经历获利了结阶段,真正的牛市上涨尚未发生。此前一切均为当前涨势的准备阶段,LTH 持仓处于历史最高水平,且直到最近仍在持续增持。他认为真正的涨势现在开始,周期顶部将出现在 SOPR 超过 6 的获利了结区间。

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