分析師警告說

據加密分析師本傑明·科恩（Benjamin Cowen）稱，比特幣看起來在不久的將來會超過山寨幣。

Crypto analyst Benjamin Cowen is advising investors to keep their powder dry and avoid getting too excited about an "altcoin season" just yet.

加密分析師本傑明·科恩（Benjamin Cowen）建議投資者保持粉末狀態，並避免對“山寨幣季節”感到興奮。

In his latest YouTube analysis, Cowen highlighted a key sentiment indicator — the social risk metric — which shows that interest in altcoins is fading fast.

Cowen在他的最新YouTube分析中強調了一個關鍵的情感指標 - 社會風險指標 - 表明對Altcoins的興趣正在迅速消失。

"If you look at Ethereum, it tends to be a good barometer for where things are going in the altcoin market. When people get weaker on ETH, they get weaker on crypto in general, and when people get weaker on crypto, they usually start rotating out of altcoins and into Bitcoin."

“如果您看以太坊，它往往是一個很好的晴雨表，對於altcoin市場的發展方向。當人們對ETH的越來越弱時，他們在加密貨幣的一般情況下會變得越來越弱，當人們在加密貨幣上變得較弱時，他們通常會開始旋轉山寨幣並進入比特幣。”

Recent drops in Ethereum's price have coincided with a sharp decline in social media engagement around crypto, reinforcing his view that altcoins will likely continue underperforming.

以太坊價格的最近下跌與加密貨幣周圍社交媒體參與的急劇下降相吻合，這加強了他認為Altcoins可能會繼續表現不佳的觀點。

However, Cowen notes that the situation could eventually shift. He believes a loosening of US monetary policy could breathe new life into altcoins.

但是，Cowen指出情況最終可能發生變化。他認為，對美國貨幣政策的放鬆可能會將新的生命注入山寨幣。

"We need to see more economic pain get baked into the market before we start to see a response out of policy-makers in terms of easing financial conditions."

“我們需要看到更多的經濟痛苦在減輕財務狀況方面開始看到決策者的反應，然後才能烘烤市場。”

Until then, he expects Bitcoin to stay dominant as investors shy away from higher-risk bets.

在此之前，他預計比特幣會偏離高風險賭注，因此比特幣保持占主導地位。

"We're going to see Bitcoin continue to outperform as long as people are skittish and trying to avoid risk. So, we're not quite in altcoin season yet. I think we need to see some more economic pain get baked into the market before we start to see a response out of policy-makers in terms of easing financial conditions."

“我們將看到比特幣繼續跑贏大盤，只要人們屈服並試圖避免風險。因此，我們還不是在Altcoin季節。我認為我們需要看到一些更經濟的痛苦在我們開始在寬鬆的財務條件下從政策制定者開始的反應之前就被市場烘烤。”

Cowen also pointed out that while many traders are eager for an "altcoin season," the broader environment isn't supportive yet.

Cowen還指出，儘管許多交易者渴望“ Altcoin賽季”，但更廣泛的環境尚不支持。

"I think a lot of traders are hoping for a rapid rebound in the altcoin market, but we're not going to see that without some significant changes in economic policy. For now, the safest play is to stick with Bitcoin as the market weathers ongoing volatility."output: No Altseason Yet: Bitcoin Remains the Safer Bet, Analyst Warns

“我認為許多交易員希望在altcoin市場上迅速反彈，但是我們不會看到沒有經濟政策的重大變化。就目前而言，最安全的遊戲是堅持比特幣，因為市場持續的波動性持續的波動性。”輸出：尚無Altseason：Bitcoin仍然是更安全的下注，分析師是更安全的下注，分析師警告說，Bitsoin仍然是更安全的選擇。

Bitcoin looks set to keep outperforming altcoins in the near future, according to crypto analyst Benjamin Cowen.

據加密分析師本傑明·考恩（Benjamin Cowen）稱，比特幣看起來將在不久的將來保持優於山寨幣。

In his latest YouTube analysis, Cowen pointed to a key sentiment indicator — the social risk metric — which shows that interest in altcoins is fading fast.

Cowen在最新的YouTube分析中指出了一個關鍵的情感指標 - 社會風險指標 - 表明對Altcoins的興趣正在迅速消失。

"If you look at Ethereum, it tends to be a good barometer for where things are going in the altcoin market. When people get weaker on ETH, they get weaker on crypto in general, and when people get weaker on crypto, they usually start rotating out of altcoins and into Bitcoin."

“如果您看以太坊，它往往是一個很好的晴雨表，對於altcoin市場的發展方向。當人們對ETH的越來越弱時，他們在加密貨幣的一般情況下會變得越來越弱，當人們在加密貨幣上變得較弱時，他們通常會開始旋轉山寨幣並進入比特幣。”

Recent drops in Ethereum's price have coincided with a sharp decline in social media engagement around crypto, reinforcing his view that altcoins will likely continue underperforming.

以太坊價格的最近下跌與加密貨幣周圍社交媒體參與的急劇下降相吻合，這加強了他認為Altcoins可能會繼續表現不佳的觀點。

However, Cowen notes that the situation could eventually shift. He believes a loosening of US monetary policy could breathe new life into altcoins.

但是，Cowen指出情況最終可能發生變化。他認為，對美國貨幣政策的放鬆可能會將新的生命注入山寨幣。

"We need to see more economic pain get baked into the market before we start to see a response out of policy-makers in terms of easing financial conditions. Until then, we're going to see Bitcoin continue to outperform as long as people are skittish and trying to avoid risk. So, we're not quite in altcoin season yet. I think we need to see some more economic pain get baked into the market before we start to see a response out of policy-makers in terms of easing financial conditions. And for now, the safest play is to stick with Bitcoin as the market weathers ongoing volatility."

“我們需要看到更多的經濟痛苦在減輕財務狀況方面的政策制定者的反應之前就被烘烤到市場上。直到那時，我們將看到比特幣繼續表現出色。只要人們逃避並避免風險。最安全的遊戲是堅持比特幣，因為市場風雨持續的波動性。”