比特幣（BTC）在周四繼續集會，在100,00美元以上的歷史最高水平上

在過去24小時內增長了大約2％的收益後，比特幣（BTC）在為期一周的集會之後，比特幣（BTC）的交易超過100,00美元。

Bitcoin continued its rally on Thursday, reaching another all-time high above $111,000, while the broader cryptocurrency experienced modest gains.

比特幣在周四繼續舉行集會，在111,000美元以上的歷史最高點上又達到了一個歷史最高水平，而更廣泛的加密貨幣經歷了適度的收益。

The world’s largest cryptocurrency is now trading above the $111,000 mark following a roughly 2% gain in the past 24 hours, according to Benzinga Pro. The latest surge has pushed its market capitalization past $2.2 trillion, according to CoinGecko.

根據Benzinga Pro的數據，在過去24小時內增長約2％之後，世界上最大的加密貨幣現在的交易高於111,000美元。根據Coingecko的說法，最新的激增將其市值推向了2.2萬億美元。

After a week-long rally, Bitcoin hit a new ATH of $111,273 at around 02:50 ET on Thursday. It fell slightly to trade at $110,800 at the last check.

經過一周的集會後，比特幣在周四的02:50左右擊中了111,273美元的新ATH。上一張支票的交易略低於$ 110,800。

Meanwhile, Ethereum (ETH) increased 7% to $2,660, while XRP climbed 3% to $2.43. Solana (SOL) rose by 7% to $179.

同時，以太坊（ETH）增長了7％至2,660美元，而XRP攀升了3％至2.43美元。 Solana（Sol）上漲了7％，至179美元。

The total cryptocurrency market capitalization increased by 2.5% on the day to $3.64 trillion. In the same timeframe, leveraged liquidations totaled $432 million, according to CoinGlass. BTC accounted for approximately $165 million, followed by ETH with around $117 million.

當天的加密貨幣市值增加了2.5％，達到3.64萬億美元。根據Coinglass的數據，在同一時間範圍內，槓桿清算總計4.32億美元。 BTC佔約1.65億美元，其次是ETH，約1.17億美元。

On May 21, spot Bitcoin exchange-traded funds (ETFs) attracted approximately $609 million in inflows, while Ethereum ETFs recorded $587,000, according to SoSoValue data.

根據Sosovalue數據，5月21日，現貨比特幣交易所交易基金（ETF）吸引了大約6.09億美元的流入，而以太坊ETF則記錄了587,000美元。

Bitcoin Season

比特幣季節

Paul Howard, chief crypto market analyst at Wincent, attributed BTC’s latest rally to multiple factors and believes that more gains are likely in the coming months.

Wincent的首席加密市場分析師Paul Howard將BTC的最新集會歸因於多種因素，並認為在未來幾個月中可能會有更多的收益。

“There is a combination of factors at play that has helped push BTC to new highs, and a further move above $111,000 is inevitable,” Howard said. “Part of this is due to a much friendlier U.S. regulatory environment than we've seen in the past.”

霍華德說：“有多種因素在起作用，這有助於將BTC推向新的高點，而進一步的行動超過了111,000美元，這是不可避免的。” “部分原因是美國的監管環境比我們過去所看到的要友好得多。”

He also pointed to improved macroeconomic sentiment over the past three months, along with broader structural changes in the crypto space – particularly in how institutions can now engage with products like ETFs, tokenization, real-world assets (RWAs), stablecoins, and spot and derivatives markets.

他還指出，在過去三個月中，加密空間的結構變化更大，尤其是機構現在如何與ETF，代幣化，代幣化，現實世界中的資產（RWAS），Stablecoins，Stablecoins，以及現場和衍生品市場互動的方式。

“All these and the recent flood of M&A activity with IPO listings have set up for what Wincent already described on record as a new ‘Buy in May and go away’ theme for Bitcoin,” Howard said.

霍華德說：“所有這些以及最近在IPO列表中進行的併購活動的洪水已經建立了記錄在5月份的新“買入並離開比特幣”主題的新主題。”

Some Urge Caution

有人敦促謹慎

However, Dr. Kirill Kretov, CEO of CoinPanel, cautioned that the recent move might be a false breakout rather than a sustainable rally.

但是，Coinpanel首席執行官Kirill Kretov博士警告說，最近的舉動可能是錯誤的突破，而不是可持續的集會。

“Yes, Bitcoin has just broken above $111,000, but we should be cautious. This might be a trap. Structurally, the market has no real resistance because liquidity has been drained from exchanges since late 2024, making it easier to move prices with relatively little capital. We saw a similar setup in 2021 before the last major bull run.”

“是的，比特幣剛剛超過$ 111,000，但我們應該謹慎。這可能是一個陷阱。從結構上講，市場沒有真正的抵抗力，因為自2024年底以來，從交流中耗盡了流動性，使價格相對較少的資本變得更容易，我們在最後一頭大公牛跑之前就看到了類似的設置。”

Kretov argued that while the price surge looks impressive, it lacks the fundamental support of strong market participation.

克雷托夫（Kretov）認為，儘管價格漲幅看起來令人印象深刻，但它缺乏強大市場參與的基本支持。

“To really send the market ‘to the sky,’ it needs fuel, and that fuel isn’t coming from institutional players right now, because they’re largely hedged. Retail is mostly absent, and those still in the market are looking for exit points. What this rally invites is a fresh wave of overleveraged speculators chasing highs and opening unhedged long positions.”

“要真正將市場送到天空'，它需要燃料，而現在的燃料並非來自機構參與者，因為它們在很大程度上是對沖的。零售店大多不存在，而仍然在市場上的人正在尋找出口點。這次集會邀請是一波新鮮的投機者，高高的投機者，懸而未決的長位置。”