比特幣，山寨幣和財富轉移：解碼加密十字路口

比特幣的價格停滯，Altcoin的歷史弱點和財富轉移動態。關於加密貨幣趨勢的紐約風格博客。

Yo, crypto enthusiasts! The world of Bitcoin, Altcoins, and Wealth Transfer is a wild ride. Let's break down what's poppin' in the crypto streets right now.

喲，加密愛好者！比特幣，替代幣和財富轉移的世界是一個瘋狂的旅程。讓我們分解現在的加密街道上的Poppin'。

Altcoin Apocalypse or Altseason Loading?

Altcoin Apocalypse還是Altseason加載？

The altcoin market's been getting its butt kicked by Bitcoin for two years straight. We're talking historic levels of weakness, the kind that historically precedes a major bounce back. According to Michael van de Poppe, only 8% of altcoins (excluding stablecoins) outperformed Bitcoin over a 90-day period. That's rough, even for crypto. But hey, sometimes you gotta hit rock bottom before you can moon, right?

Altcoin市場連續兩年被比特幣踢了屁股。我們正在談論歷史性的弱點，這種弱點歷史上是重大反彈之前的。根據邁克爾·範·德·波普（Michael van de Poppe）的說法，在90天的時間內，只有8％的山寨幣（不包括Stablecoins）優於比特幣。這很粗糙，即使對於加密貨幣也很粗糙。但是，嘿，有時候您必須在月亮之前撞到岩石底部，對嗎？

Too Many Tokens, Not Enough Benjamins

代幣太多，本傑明素不夠

Here's the deal: there's a metric ton of new tokens flooding the market. We're talking a 10x increase in the last three years! This oversaturation is splitting investor attention and sucking up all the liquidity. The old playbook of "Bitcoin pumps, then altcoins" is broken. All that wealth generated during Bitcoin rallies isn't flowing into altcoins like it used to. Too many meme coins and not enough substance, ya know?

這就是交易：有大量的新令牌淹沒了市場。過去三年中，我們正在說10倍！這種過度飽和正在使投資者的注意力分散，並吸收了所有流動性。舊的“比特幣泵，然後是Altcoins”的劇本被打破了。比特幣集會期間產生的所有財富都不會像以前那樣流入山寨幣。模因硬幣太多，沒有足夠的物質，您知道嗎？

Bitcoin's $100K Blues: Long-Term Holders Cashing Out?

比特幣的$ 10萬美元藍調：長期持有人兌現？

Bitcoin's been stuck in the mud, even with all the institutional FOMO. Charles Edwards from Capriole Investments says long-term holders (LTH) are dumping their bags on Wall Street since the spot ETF launch in January 2024. They're taking profits, plain and simple.

即使擁有所有機構FOMO，比特幣也被困在泥濘中。 Capriole Investments的Charles Edwards表示，自2024年1月ETF推出以來，長期持有人（LTH）將其行李倒在華爾街上。他們正在獲利，簡單而簡單。

Treasury Companies to the Rescue?

財政公司要營救？

But there's a twist! Edwards also predicted treasury companies buying Bitcoin would create a "flywheel" effect. And guess what? It's happening! More companies are hoarding Bitcoin, and these new buyers are gobbling up all the BTC the LTHs are selling. That's bullish, even if there's still some weakness in the on-chain data.

但是有一個轉折！愛德華茲還預測，購買比特幣的財政公司將產生“飛輪”效果。猜猜是什麼？它正在發生！越來越多的公司正在ho積比特幣，這些新買家正在吞噬LTHS銷售的所有BTC。那是看好的，即使鏈上數據仍然存在一些弱點。

What's Hot in the Crypto Streets?

加密街道上有什麼熱？

CoinGecko says MORI COIN was the most searched crypto recently, followed by Toncoin and Notcoin. But in Türkiye, it's all about Sahara AI, Pudgy Penguins, Bitcoin, Ethereum, and Solana. Keep your eye on those trends!

Coingecko說，莫里硬幣是最近搜索量最多的加密貨幣，其次是噸幣和Notcoin。但是在türkiye，一切都與撒哈拉AI，矮胖的企鵝，比特幣，以太坊和索拉納有關。密切關注這些趨勢！

The Bottom Line: What Does It All Mean?

最重要的是：這意味著什麼？

We're at a crossroads. Altcoins are either about to explode, or they're gonna keep bleeding. Bitcoin's facing selling pressure, but new buyers are stepping up. The crypto market is oversaturated, but new narratives could emerge. It's a confusing but exciting time to be in the game.

我們在十字路口。 AltCoins要么要爆炸，要么他們會一直流血。比特幣面臨銷售壓力，但新買家正在加緊努力。加密市場過飽和，但新的敘述可能會出現。參加遊戲是一個令人困惑但令人興奮的時刻。

Personally, I think we'll see a rotation back into quality altcoins eventually. The market always finds a way to reward innovation and value. But you gotta do your homework, avoid the hype, and stick to projects with real potential.

就我個人而言，我認為我們最終會看到回到優質的Altcoins。市場總是找到一種獎勵創新和價值的方法。但是，您必須做功課，避免炒作，並堅持具有真正潛力的項目。

So, there you have it, folks! The Bitcoin, Altcoin, and Wealth Transfer scene is a rollercoaster. Buckle up, stay informed, and remember: DYOR (Do Your Own Research)! And hey, even if things get crazy, at least we're all in this together, right? Peace out!

所以，你有，伙計們！比特幣，替代幣和財富轉移現場是過山車。係好，保持知情並記住：染料（做自己的研究）！嘿，即使事情變得瘋狂，至少我們在一起，對嗎？和平！