比特幣的中斷超過$ 104,000，以其歷史最高

最高的加密貨幣現在的交易價格為104,271美元，將其範圍內的高度距離為109,000美元。

Bitcoin price pushed past the $104,000 mark on Wednesday. The top cryptocurrency is now trading at $104,271, continuing its substantial gains over the last seven days and placing it within striking distance of its all-time high of $109,000.

比特幣價格在周三超過了104,000美元的成績。最高加密貨幣現在的交易價格為104,271美元，在過去的七天中持續了可觀的收益，並將其置於其歷史最高高點109,000美元的驚人距離之內。

The new highs come as global markets react to improving macroeconomic conditions and a temporary truce in the ongoing trade dispute between the United States and China.

隨著全球市場對改善宏觀經濟狀況的反應以及美國與中國之間持續的貿易爭端的暫時性停戰，新的高點出現。

As part of the new agreement, the U.S. will reduce its tariffs on Chinese goods from 145% to 30%. China will respond by cutting its retaliatory tariffs from 125% to 10%. These changes will remain in effect for a 90-day period.

作為新協議的一部分，美國將將中國商品的關稅從145％降低到30％。中國將通過將其報復性關稅從125％降低到10％來做出回應。這些變化將在90天的時間內生效。

This cooling of trade tensions has sparked renewed investor confidence across various asset classes, benefiting both traditional markets and cryptocurrencies.

這種貿易緊張局勢的冷卻激發了各種資產類別的投資者信心，從而使傳統市場和加密貨幣受益。

The weekend saw Bitcoin price traders begin to digest the implications of the trade agreement, leading to a continuation of the recent rally in technical indicators.

週末，比特幣價格交易員開始消化貿易協定的含義，從而導致最近的集會在技術指標中的延續。

On-Chain Metrics Highlight Bullish Outlook

鏈上指標突出顯示看漲的前景

Market analysts have pointed to the Taker Buy-Sell Ratio as a key indicator that could sustain further upside in Bitcoin price. This particular metric, which tracks the relationship between market buy and sell orders, has reached 1.02.

市場分析師指出，Taker買賣比率是可以在比特幣價格上維持進一步上漲的關鍵指標。這個特定的指標跟踪市場買賣之間的關係，已達到1.02。

This reading is significant as it has previously signaled major market shifts. Similar readings were recorded during the market bottom in late 2022 when Bitcoin traded between $15,000 and $20,000.

該讀數很重要，因為它以前表明了主要市場轉變。在2022年底，比特幣在15,000美元到20,000美元之間的市場底部記錄了類似的讀數。

The same indicator also flashed before Bitcoin broke above $30,000 in October 2023.

在2023年10月，比特幣打破了30,000美元之前，同樣的指標也閃爍。

suggest that market participants who are willing to pay the asking price are gaining control. This type of market behavior usually precedes continued price appreciation.

建議願意支付要價的市場參與者正在獲得控制權。這種類型的市場行為通常在持續的價格欣賞之前。

However, some experts note that while this signal points to potential gains, it has also appeared during periods of increased volatility. These conditions have marked both the beginning and end of previous trends.

但是，一些專家指出，儘管該信號指出了潛在的收益，但在波動性增加的時期也出現了。這些條件標誌著先前趨勢的開始和結束。

Another metric that reinforces the positive outlook is Bitcoin’s realized price. This measure calculates the average price at which all Bitcoin in circulation was last moved.

另一個增強積極前景的指標是比特幣的實現價格。該措施計算了上次移動所有循環中所有比特幣的平均價格。

The realized price continues its upward trend, showing that investors are comfortable buying at progressively higher prices. This pattern contrasts with previous market cycles where realized price reversals preceded major corrections.

實現的價格繼續其上升趨勢，表明投資者可以逐漸以更高的價格購買。這種模式與以前的市場週期形成鮮明對比，在重大修正之前，實現的價格逆轉。

Economic Factors Support Crypto Rally

經濟因素支持加密集會

Recent economic data has contributed to the constructive environment for cryptocurrencies. The latest US Consumer Price Index (CPI) report came in below market expectations.

最近的經濟數據為加密貨幣的建設性環境做出了貢獻。美國最新的消費者價格指數（CPI）報告低於市場預期。

This softer inflation reading has reduced fears about the potential price impacts of trade tariffs and strengthened the case for potential interest rate cuts by the Federal Reserve.

這種柔和的通貨膨脹閱讀減少了人們對貿易關稅的潛在價格影響的恐懼，並加強了美聯儲降低利率的案例。

The prospect of lower interest rates usually benefits risk assets like cryptocurrencies. However, market watchers caution that the Fed remains cautious about inflation risks.

利率較低的前景通常使風險資產（如加密貨幣）受益。但是，市場觀察家警告說，美聯儲對通貨膨脹風險保持謹慎。

Economic analysts believe the central bank will require clear evidence of economic slowdown before cutting rates. The Fed continues to prioritize its inflation-fighting mandate over short-term growth concerns.

經濟分析師認為，中央銀行將需要在降低費率之前明確證明經濟放緩的證據。美聯儲繼續優先考慮其對通貨膨脹的授權，而不是短期增長的關注。

Despite this cautious approach from the Fed, the crypto market has responded positively to the improving economic outlook. Bitcoin’s gains were outpaced by several altcoins.

儘管美聯儲采取了這種謹慎的態度，但加密貨幣市場對改善的經濟前景做出了積極反應。比特幣的收益超過了幾個山寨幣。

The second-largest cryptocurrency, Ethereum, jumped 8.7% to reach $2,667.30. XRP saw a 3.6% increase, bringing its price to $2.5869.

第二大加密貨幣以太坊躍升了8.7％，達到2,667.30美元。 XRP增長了3.6％，其價格達到2.5869美元。

Other altcoins showed even stronger performance. Solana rose by 7%, while Cardano gained 4.8%. Polygon added 6% to its value.

其他AltCoins表現出更強的性能。 Solana上升了7％，而Cardano上漲了4.8％。 Polygon的價值增加了​​6％。

The meme coin sector saw some of the largest moves, with Dogecoin surging 9.5% and Trump-themed token $TRUMP rising by 8.4%.

模因硬幣行業看到了一些最大的舉動，狗狗幣飆升了9.5％，特朗普主題的代幣$ trump上升了8.4％。