比特幣需要折扣110,000美元，並將其集成為$ 150,000- $ 200,000的ALT季節才能開始

比特幣需要突破110,000美元，集會到$ 150,000- $ 200,000的銷售額銷量上升的ALT季節開始

BitMEX co-founder Arthur Hayes has said that Bitcoin needs to break through $110,000 and rally toward the $150,000-$200,000 range on rising trading volume for the alt season to begin.

Bitmex聯合創始人Arthur Hayes表示，比特幣需要突破110,000美元，並在ALT季節開始的交易量增加150,000-2萬美元。

"I think that happens sometime in the summer or early third quarter, and then the rotation starts into various altcoins," Hayes noted , when asked what level Bitcoin needs to reach to trigger an altcoin rally.

海斯指出：“我認為這發生在夏季或第三季度初的某個時候，然後旋轉開始到各種山寨幣。”

Alt season describes the market phase where altcoins outperform Bitcoin, historically occurring after BTC rallies when traders shift capital from BTC into altcoins seeking greater upside.

Alt季節描述了市場階段，在BTC集會之後，當交易者將資本從BTC轉移到尋求更大上漲空間的Altcoins時，AltCoins優於BTC集會後發生的比特幣。

Bitcoin has led the market in recent weeks, but altcoins have been slower to respond.

最近幾週，比特幣領導了市場，但替代幣的反應速度較慢。

According to Hayes, unlike the explosive altcoin rally of 2021, where nearly every token surged regardless of fundamentals, the next cycle will likely be more selective.

根據海耶斯的說法，與2021年爆炸性替代集會不同，無論基本原理如何，幾乎每個令牌都會飆升，下一個週期可能會更具選擇性。

He believes a new narrative will drive attention and speculative trading in specific assets, but warns that many “dino coins” are unlikely to recover.

他認為，一種新的敘述將引起特定資產的關注和投機性交易，但警告說，許多“恐龍硬幣”不太可能恢復。

"A lot of those coins have high FDV, low float, no customers, no revenue, just some CEX listings, that went down 95%, I don’t really see why those should do well in the next cycle,” he added.

他補充說：“這些硬幣中的許多硬幣具有很高的FDV，低浮標，沒有客戶，沒有收入，只有一些CEX列表下降了95％，我真的不明白為什麼這些在下一個週期中應該做得很好。”

Hayes, who now manages the Maelstrom fund after receiving a pardon from President Donald Trump earlier this year, expects Bitcoin to climb toward $200,000 in its next surge and reach $250,000 by the year end.

海耶斯（Hayes）在今年早些時候從唐納德·特朗普（Donald Trump）獲得赦免後，現在管理著大漩渦基金會（Maelstrom Fund），他預計比特幣將在下一個激增中攀升至200,000美元，並在年底之前達到25萬美元。

He projects Bitcoin will hit $1 million by 2028, just as Trump's term is set to conclude.

他的項目比特幣將在2028年達到100萬美元，就像特朗普的任期定為結論一樣。

Bitcoin logged its highest weekly close on May 18, finishing above $106,000 and extending its winning streak to six consecutive weeks. The rally has been driven by persistent inflows into spot Bitcoin ETFs and steady corporate demand.

比特幣在5月18日的每週關閉時記錄了最高的每週關閉時間，完成了106,000美元以上，並將其連勝紀錄延長至連續六個星期。該集會是由持續流入的比特幣ETF和穩定的公司需求驅動的。

On Sunday, Bitcoin briefly touched $107,000 before pulling back. At the time of writing, it was trading near $103,000, around 6% below its all-time high of $109,500, which was set in January.

週日，比特幣在退縮之前短暫觸摸了107,000美元。在撰寫本文時，它的交易價格接近103,000美元，比1月份設定的109,500美元的歷史最高點高約6％。

Hayes maintains a large position in gold, he revealed during the interview, with around 20% of his portfolio allocated to the asset.

他在採訪中透露，海耶斯在黃金方面保持了巨大的地位，約有20％的投資組合分配給了資產。

His holdings include physical gold stored in a vault as well as substantial investments in gold mining equities, which he believes remain undervalued despite the metal’s rising prices.

他的股份包括存儲在金庫中的物理黃金以及對黃金開採股票的大量投資，他認為儘管金屬的價格上漲，但這仍然被低估了。

On Ethereum versus Solana, Hayes favors Ethereum's prospects. The analyst believes that Ethereum's underlying fundamentals and ecosystem strength make it a better bet than Solana in the near future, despite its recent price struggles and the criticism it faces.

關於以太坊與索拉納，海斯有利於以太坊的前景。該分析師認為，儘管以太坊的基本面和生態系統的力量使它在不久的將來比Solana更好，儘管它最近的價格掙扎及其面臨的批評。

"I think that Ethereum could outperform Solana in this next sort of 18-24 months bull run,” he said.

他說：“我認為以太坊在下一個18-24個月的公牛跑中表現可以勝過Solana。”