比特幣（BTC）價格預測：BTC在2025年將其歷史最高（ATH）高於109,588美元？

比特幣返回103,000美元以上，最大的加密貨幣正在重新測試以上$ 109,588。

Despite the U.S. macroeconomic outlook remaining uncertain, cryptocurrencies have shown resilience in 2024. After a tumultuous 2022, which saw a bear market wipe out nearly all of the gains made during the 2021 bull run, digital assets have slowly recovered.

儘管美國的宏觀經濟前景仍然不確定，但加密貨幣在2024年表現出了韌性。在2022年動蕩之後，熊市幾乎消除了2021年公牛運行期間幾乎所有的收益，數字資產已緩慢恢復。

A year after the collapse of FTX and the ensuing liquidity crisis, the crypto sector is slowly recovering, with Bitcoin (BTC) leading the charge as it approaches its all-time high of $109,588. At the time of writing, BTC is trading above the $103,000 milestone.

FTX崩潰和隨之而來的流動性危機崩潰的一年後，加密貨幣部門正在緩慢恢復，比特幣（BTC）領導了這一指控，因為它接近其歷史最高點109,588美元。在撰寫本文時，BTC的交易高於103,000美元的里程碑。

At a time when nearly all tokens in the top 100 cryptocurrencies ranked by market cap are in the green, the market is abuzz with the debate of whether to stay or sell and go away in May?

在幾乎所有由市值排名的加密貨幣中的幾乎所有代幣都處於綠色狀態時，市場充滿了關於是否留下還是出售並在五月出售和離開的辯論？

Millionaire exits are not uncommon in crypto and the meme coin bull run in 2024 was marked by Solana-based (SOL) meme token exits by traders. As Bitcoin (BTC) eyes a return to its all-time high, riding on the bullish sentiment from recent catalysts, macroeconomic certainty, U.S. trade deals with the UK and China and rising institutional demand and acceptance of stablecoin and BTC, a crypto exit plan is more relevant than ever before this cycle.

百萬富翁的出口在加密貨幣中並不少見，而2024年的Meme Coin Bull Run以索拉納（Sol）（SOL）模因令牌出口為標誌。隨著比特幣（BTC）的眼睛回到歷史最高水平的同時，以最近的催化劑，宏觀經濟確定性的看法情緒，美國與英國和中國的貿易交易以及機構的需求不斷上升，對Stablecoin和BTC的接受程度不斷增加，這是一個比以往任何時候都更相關的。

Meme coin millionaire’s missed exit

Meme Coin Millionaie的未出口

Glauber Contessoto, popular as the Dogecoin (DOGE) millionaire, who maxed out credit cards and spent his savings to buy $250,000 worth of DOGE in February 2021. Contessoto has also gained notoriety as the man who once held nearly $3 million in DOGE and lost his gains when the crypto market tanked in 2022.

格勞伯·孔薩托（Glauber Contessoto）是狗狗（Doge）百萬富翁（Dogecoin（Doge）百萬富翁），他在2021年2月獲得了最大的信用卡，並花了他的積蓄購買價值25萬美元的道路。

Contessoto inspired fast-acting traders to take profits when the token nears a potential peak. On-chain data from Santiment shows that for the top three meme coins, DOGE, Shiba Inu (SHIB) and Pepe (PEPE), over the past year, a large volume of traders have realized gains close to, or soon after a local top.

當代幣接近潛在的高峰時，contessoto激發了快速交易者的利潤。 Santiment的鍊鍊數據表明，對於前三個模因硬幣，Doge，Shiba Inu（Shib）和Pepe（Pepe），在過去的一年中，大量交易者已經意識到了接近的收益，或者不久之後。

The large spikes in profit-taking nearly coincide with local tops as seen in the chart below:

如下圖所示，盈利中的大尖峰幾乎與當地上衣相吻合：

It is therefore becoming increasingly necessary to take profits near local tops, typically alongside Bitcoin’s local tops, as seen in the price chart below.

因此，正如下面的價格表所示，通常與比特幣的本地上衣一起將利潤越來越有必要，通常與比特幣的本地上衣一起獲取利潤。

Stay in May or sell and go away?

待在五月還是出售和離開？

There is a popular stock market theory that says the market tends to underperform in the six months between May and October, leading to the old adage of “Sell and go away in May.” The same does not stand entirely true for cryptocurrencies as the category of tokens is more prone to volatility and price swings, relative to the stock market.

有一個流行的股票市場理論說，該市場在5月至10月之間的六個月中往往不佳，導致“五月出售和消失”的古老格言。對於加密貨幣而言，這並不是完全正確的，因為與股票市場相對於股票市場，代幣類別更容易出現波動和價格波動。

With Bitcoin back above the $100,000 milestone, a successful implementation of Ethereum’s Pectra upgrade and the rising stablecoin volume, it doesn’t look like the crypto sector will slow down.

隨著比特幣重回100,000美元的里程碑，以太坊的Pectra升級和穩定量的上升量成功實施，看來加密貨幣部門不會放慢腳步。

Bitcoin could revisit its all-time high and Ethereum could rally nearly 20% to re-test its psychologically important $3,000 level in May 2025. Meme coins, AI tokens, utility tokens and altcoins could begin their recovery soon, following in Bitcoin’s footsteps as institutional investors show interest in relevant sectors in the crypto market.

比特幣可能會重新審視其歷史最高水平，以太坊可能會在2025年5月重新測試其心理重要的3,000美元水平。 MemeCoins，AI代幣，公用事業令牌和AltCoins可能很快就可以開始恢復，因為在Bitcoin的啟動信息中，作為機構在Crypto Market的機構展示了利益。

Selling and going away may not be the best bet, when staying put, or taking profits adds more value to traders’ portfolios.

出售和銷售可能並不是最好的選擇，或者拿走利潤會為交易者的投資組合增添更多價值。

Bitcoin and altcoin summer outlook

比特幣和Altcoin Summer Outlook

Bitcoin monthly returns chart from Coinglass shows BTC has yielded gains for holders between 3-5 months from June to December of 2023 and 2024. If history repeats itself in the ongoing cycle, Bitcoin holders could identify opportunities to realize gains on their BTC holdings or rotate into altcoins during H2 2025, or following a re-test of the previous all-time high.

Coinglass的比特幣月度收益表顯示，BTC在2023年6月至2023年12月至2024年的3-5個月之間獲得了持有人的收益。如果歷史在持續的周期中重演，比特幣持有人可以確定機會在H2 2025期間或之後重新測試了BTC持有量或在H2 2025中旋轉到Altcoins上的收益。

If Bitcoin revisits its all-time high, over 97,000 wallet addresses holding nearly 108,000 Bitcoin tokens would turn profitable, likely to result in profit-taking and higher selling pressure for BTC.

如果比特幣重新審視其歷史最高水平，則超過97,000個錢包地址持有近108,000個比特幣代幣將變成盈利，這可能會導致BTC的利潤和更高的銷售壓力。

On May 13, Tuesday, earlier this week, the altcoin season tracker climbed to 67, the highest level in 2025. The last time the index hit this level was in December 2024. The index implies that we are closer to an “altcoin month,” meaning a period of 30 days where 75% of the top 50 cryptocurrencies outperform Bitcoin.

5月13日，星期二，本週早些時候，Altcoin季節追踪器攀升至67，是2025年的最高水平。最後一次達到該水平的時間是2024年12月。該指數意味著我們接近“ AltCoin月”，這意味著30天的時間，這意味著前50天的75％，其中75％的前50天的加密貨幣中有75％的時間超過了比特幣。

At the time of writing, the index is down to 55 and the outlook remains positive, with a return to December 2024 levels likely in H1 2025.

在撰寫本文時，該指數降至55，展望仍然為正，並可能恢復到2024年12月的2025年H1 2025年水平。

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James Toledano, Chief Operating Officer

首席運營官詹姆斯·托萊達諾（James Toledano）