數據：若 BTC 跌破 90,861 美元，主流 CEX 累計多單清算強度將達 7.79 億美元

A certain whale has aggressively increased its BTC long position after initial accumulation, with short-term holdings expanding to $12.5 million.

According to Hyperinsight's monitoring, on March 25th, a whale address starting with 0x931 opened a BTC long position with 40x leverage, with an initial average entry price of $71,023 and a position size of approximately 105.6 BTC. Subsequently, it added approximately $5 million more, bringing the cumulative position size to $12.5 million with an average price rising to $71,190. Currently, this position has a small unrealized loss of approximately $7,000.

分析師：比特幣價格「跑贏股票」背後三大關鍵因素

尽管中东伊朗战争持续，比特币价格相对稳定，当前约71,000美元。分析指出其韧性受地缘政治风险、美联储政策和机构投资者兴趣支撑。然而，若跌破67,500美元，可能形成疲软趋势，需关注相关市场动向。

伯恩斯坦表示比特幣已觸底，預計2026年將達到0.19283746565748739201

AllianceBernstein分析師認為比特幣在經歷大幅下跌後可能已觸底，未發現系統性故障。穩定的機構需求和ETF資金流入超過$56 億美元，支撐看漲的15萬美元年底目標，顯示儘管面臨宏觀經濟壓力，市場仍具韌性。

A certain whale opened positions in BTC long twice, with accumulated holdings reaching 13.25 million USD. Wait, let me reconsider - the original says 1250万美元 (12.5 million USD), not 13.25 million USD. A certain whale opened positions in BTC long twice, with accumulated holdings reaching 12.5 million USD.

3月25日，0x931开头的巨鲸地址利用40倍杠杆开立BTC多单，累计持仓1250万美元，清算价73103美元。目前该仓位浮亏约7000美元。

Four On-Chain Indicators Show Weak Demand, Bitcoin Recovery May Face Headwinds

今年以来，比特币因地缘政治和经济压力而价格波动加剧，需求显现疲软。链上数据表明钱包活动分散，巨鲸交易减少，反映投资者观望。基本面持续下降，短期复苏受限，需关注外部因素和政策发展。