{"id":7348,"date":"2025-02-20T10:18:38","date_gmt":"2025-02-20T10:18:38","guid":{"rendered":"https:\/\/icobench.com\/jp\/?p=7348"},"modified":"2025-02-21T02:24:47","modified_gmt":"2025-02-21T02:24:47","slug":"is-bitcoin-topping-out-this-onchain-metric-points-to-worrying-weakness","status":"publish","type":"post","link":"https:\/\/icobench.com\/jp\/news\/is-bitcoin-topping-out-this-onchain-metric-points-to-worrying-weakness\/","title":{"rendered":"\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u4fa1\u683c\u3001\u30d4\u30fc\u30af\u5230\u9054\u304b\uff5c\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u6307\u6a19\u304c\u793a\u3059\u52d5\u5411"},"content":{"rendered":"

\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\uff08BTC\uff09\u4fa1\u683c\u306f21\u65e5\u3001\u7d049.8\u4e07\u30c9\u30eb\u3067\u63a8\u79fb\u3057\u3001\u904e\u53bb24\u6642\u9593\u3067\u5b89\u5b9a\u3057\u305f\u52d5\u304d\u3092\u793a\u3057\u3066\u3044\u308b<\/a>\u3002
\n\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\uff08BTC\uff09\u306f\u904e\u53bb10\u5e74\u4ee5\u4e0a\u306b\u308f\u305f\u308a\u3001\u6697\u53f7\u8cc7\u7523\uff08\u4eee\u60f3\u901a\u8ca8\uff09\u5e02\u5834\u306e\u4e2d\u5fc3\u7684\u5b58\u5728\u3068\u3057\u3066\u305d\u306e\u5730\u4f4d\u3092\u7bc9\u3044\u3066\u304d\u305f\u3002 \u7279\u306b2024\u5e74\u4ee5\u964d\u3001\u4fa1\u683c\u306f\u5927\u304d\u304f\u5909\u52d5\u3057\u3066\u304a\u308a\u3001\u6295\u8cc7\u5bb6\u306f\u6b21\u306e\u52d5\u304d\u3092\u4e88\u6e2c\u3059\u308b\u305f\u3081\u3001\u5404\u7a2e\u6307\u6a19\u306b\u6ce8\u8996\u3057\u3066\u3044\u308b\u3002
\n\u6700\u8fd1\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u30c7\u30fc\u30bf\uff08\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u4e0a\u3067\u53d6\u5f15\u60c5\u5831\u3092\u8a18\u9332\u3059\u308b\u6307\u6a19\uff09\u304c\u793a\u3059\u52d5\u5411\u304c\u8a71\u984c\u3068\u306a\u3063\u3066\u3044\u308b\u3002 \u4fa1\u683c\u306e\u30d4\u30fc\u30af\u5230\u9054\u3084\u5e02\u5834\u306e\u904e\u71b1\u3092\u793a\u5506\u3059\u308b\u5146\u5019\u304c\u898b\u3089\u308c\u305f\u3002
\n\u672c\u8a18\u4e8b\u3067\u306f\u73fe\u72b6\u306e\u4fa1\u683c\u52d5\u5411\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u6307\u6a19\u306e\u8a73\u7d30\u3001\u4eca\u5f8c\u306e\u5c55\u671b\u306b\u3064\u3044\u3066\u89e3\u8aac\u3059\u308b\u3002<\/p>\n

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\n\"1
\n\u3057\u304b\u3057\u3001\u904e\u53bb2\u9031\u9593\u306e\u4e0b\u843d\u306f\u61f8\u5ff5\u6750\u6599\u3068\u306a\u3063\u3066\u3044\u308b\u3002 BTC\/USDT\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u53f2\u4e0a\u6700\u9ad8\u5024\u304b\u308913\uff05\u4e0b\u843d\u3057\u3001\u4e0a\u6607\u306e\u52e2\u3044\u3092\u5931\u3044\u6a2a\u3070\u3044\u72b6\u614b\u306b\u3042\u308b\u3002
\n\u73fe\u5728\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\uff08BTC\uff09\u306f\u5148\u9031\u306e\u30ec\u30f3\u30b8\u5185\u3067\u5b89\u5b9a\u3057\u300110\u4e07\u30c9\u30eb\u4ed8\u8fd1\u306e\u62b5\u6297\u7dda\u306b\u76f4\u9762\u3057\u3066\u3044\u308b\u3002 \u8cb7\u3044\u624b\u304c\u3053\u306e\u5fc3\u7406\u7684\u7bc0\u76ee\u3092\u7a81\u7834\u3059\u308b\u53ef\u80fd\u6027\u306f\u3042\u308b\u304c\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u30c7\u30fc\u30bf\u306f\u7570\u306a\u308b\u898b\u89e3\u3092\u793a\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u5e02\u5834\u306e\u4f4e\u8ff7\u611f\u304c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306b\u5f71\u97ff<\/span><\/h2>\n

Glassnode\uff08\u30b0\u30e9\u30b9\u30ce\u30fc\u30c9\uff1a\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5206\u6790\u30b5\u30fc\u30d3\u30b9\uff09\u306e\u30a2\u30ca\u30ea\u30b9\u30c8\u306b\u3088\u308b\u3068\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u5e02\u5834\u306b\u306f\u4f4e\u8ff7\u306e\u5146\u5019\u304c\u898b\u3089\u308c\u308b\u3002 \u7279\u306b\u3001Realized HODL Ratio\uff08RHODL\uff1a\u904e\u53bb\u306e\u53d6\u5f15\u4fa1\u683c\u3067\u8a55\u4fa1\u3055\u308c\u305f\u4fdd\u6709\u671f\u9593\u6bd4\u7387\uff09\u306b\u6ce8\u76ee\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n

\n

#Bitcoin<\/a>'s RHODL Ratio helps identify cycle inflection points by comparing mid-cycle holders (6m-2y) to new entrants (1d-3m). A high ratio often happens near market bottoms. A low ratio signals excessive short-term speculation, often aligning with market tops. pic.twitter.com\/59SXdyAYWG<\/a><\/p>\n

\u2014 glassnode (@glassnode) February 17, 2025<\/a><\/p><\/blockquote>\n