比特幣（BTC）價格恢復為11萬美元，Coinbase（Coin）和策略（MSTR）股票躍升2％

Crypto Stocks週二記錄了適度的複蘇，Coinbase（Coin），戰略（MSTR）和Robinhood Markets（Hood）記錄了近2％的籃板。

Key Insights

關鍵見解

* Crypto stocks saw a moderate recovery on Tuesday, with Coinbase (NASDAQ:COIN) and Strategy (NASDAQ:MSTR) rising nearly 2% as traders braced for PCE inflation data and monthly crypto options expiry on Friday.

*加密股票的股票在周二獲得了適度的複蘇，隨著貿易商在周五的PCE通貨膨脹數據和每月的加密貨幣期權期間，Coinbase（NASDAQ：COIN）和策略（NASDAQ：MSTR）上漲了近2％。

* Bitcoin (BTC) price also saw a decent rebound towards $110K from $108K.

*比特幣（BTC）價格也使$ 108K的$ 110K回彈。

* Bitcoin mining shares also saw a bounce of nearly 3% in premarket trading hours on Tuesday.

*比特幣礦業股票在周二的前交易小時內也有近3％的反彈。

Risky assets saw a rebound in the premarket trading hours on Tuesday as traders assessed PCE inflation data and chatted up Trump's plans to buy Bitcoin.

隨著交易員評估PCE通貨膨脹數據，風險的資產在周二的前市場交易小時內有反彈，並聊了特朗普購買比特幣的計劃。

Coinbase (NASDAQ:COIN) and Strategy (NASDAQ:MSTR) stock price rose nearly 3% in the premarket trading hours. Other crypto stocks such as Robinhood Markets (NASDAQ:HOOD) saw over a 2.50% jump.

Coinbase（NASDAQ：COIN）和策略（NASDAQ：MSTR）的股票價格在前交易小時內上漲了近3％。其他加密股票（例如Robinhood Markets（NASDAQ：HOOD））的增長超過2.50％。

Bitcoin (BTC) price also saw a decent rebound of 2% from $108K ahead of the much-anticipated Las Vegas Bitcoin Conference. The conference is scheduled from May 27-29, featuring speakers from the Trump Administration and the crypto industry.

比特幣（BTC）的價格也從備受期待的拉斯維加斯比特幣會議之前的$ 108,000中獲得了2％的體面籃板。該會議定於5月27日至29日舉行，由特朗普政府和加密貨幣行業的發言人舉行。

Bitcoin Mining & Crypto Stocks Jump Nearly 2%

比特幣礦業和加密股票股價近2％

The move comes as the Bitcoin price rebounded 2% from $108K ahead of the much-anticipated Las Vegas Bitcoin Conference. The conference is scheduled from May 27-29, featuring speakers from the Trump Administration and the crypto industry.

此舉是因為比特幣價格從備受期待的拉斯維加斯比特幣會議提前108,000美元中反彈了2％。該會議定於5月27日至29日舉行，由特朗普政府和加密貨幣行業的發言人舉行。

suggest that the Trump family’s media company planned to raise $3 billion to buy Bitcoin and other cryptocurrencies. However, the company later denied plans to raise funds to buy any crypto.

建議特朗普家族的媒體公司計劃籌集30億美元購買比特幣和其他加密貨幣。但是，該公司後來否認計劃籌集資金購買任何加密貨幣。

Meanwhile,GameStop (NYSE:GME) stock price rose nearly 2% to $33.75 in the premarket trading hours. Notably, GameStop shares closed 18.98% higher at $33.03 last week, indicating higher anticipation from investors.

同時，GameStop（NYSE：GME）的股價在前交易時間內上漲了近2％，至33.75美元。值得注意的是，GameStop上週收於18.98％的收入，上週為33.03美元，這表明投資者的期望更高。

Can Bitcoin Hit New ATH During Bitcoin Conference?

比特幣在比特幣會議期間可以打新的ATH嗎？

The uncertainty in crypto stocks and broader digital assets markets continues to remain high amid the tariff war. While Bitcoin (BTC) price made a new ATH of $111,970 last week, some in the crypto community are eyeing another ATH during the Las Vegas Bitcoin Conference.

在關稅戰爭中，加密貨幣和更廣泛的數字資產市場的不確定性仍然很高。儘管比特幣（BTC）上週的價格為111,970美元，但加密貨幣社區中的一些人在拉斯維加斯比特幣會議期間卻盯著另一個ATH。

However, experts predict higher Bitcoin price volatility and short-term downside risk. According to QCP Capital, institutional demand for spot crypto ETFs helped Bitcoin rally last week. But, the implied volatility held firm, with BTC consolidating between the $107K and $110K range.

但是，專家預測比特幣價格的波動性更高和短期下行風險。根據QCP Capital的數據，對現場加密ETF的機構需求上週幫助了比特幣集會。但是，隱含的波動性堅定，BTC在$ 107K至11萬美元之間的合併。

“Traders are positioning around headline risk ahead of the Bitcoin Conference in Las Vegas, scheduled for 27 to 29 May. Focus is already building around the event’s speaker line-up, which includes JD Vance, Michael Saylor, Donald Trump Jr., and Eric Trump,” explained QCP.

QCP解釋說：“在拉斯維加斯舉行的比特幣會議之前，貿易商正處於標題風險，定於5月27日至29日。焦點已經在活動的發言人陣容中圍繞，其中包括JD Vance，Michael Saylor，Donald Trump Jr.和Eric Trump。”

Last July’s Nashville Bitcoin Conference offers a useful insight when a keynote by Donald Trump resulted in a sharp spike in BTC price. Nonetheless, it was followed by a swift reversal and a nearly 30% decline in BTC within two days.

去年7月的納什維爾比特幣會議提供了有用的見解，當唐納德·特朗普的主題演講導致BTC價格急劇下降。儘管如此，隨後是迅速的逆轉，BTC在兩天內下降了近30％。

While the probability of a similar drawdown appears low, traders remain cautious. Moreover, perpetuals’ open interest has declined, and funding rates have normalized. Also, some high-beta retail traders, including James Wynn, have scaled back exposure. QCP predicts a short-term downside in BTC price.

雖然類似縮水的概率似乎很低，但交易者仍然謹慎。此外，永久性的開放興趣也有所下降，資金率已經歸一化。此外，包括詹姆斯·永利（James Wynn）在內的一些高β零售商交易員已經縮減了曝光率。 QCP預測BTC價格的短期缺點。

“In our view, BTC is likely to remain range-bound in the near term. Once the event passes and key speeches conclude, front-end vols are expected to compress as risk premia fade.”

“我們認為，BTC可能會在短期內保持範圍。一旦活動通過並結束了關鍵演講，前端Vols預計將以風險延伸為風險淡出。”

Selloff Risks Are High Despite Bullishness

儘管看漲，但拋售風險很高

Bitcoin analyst Willy Woo said the broader picture for Bitcoin is bullish, and the risk signal is dropping. He predicts BTC price to $114K if buying continues. However, Woo warned about another profit and the bearish divergences on longer-range charts if capital inflows remain weaker.

比特幣分析師威利·沃（Willy Woo）說，比特幣的更廣泛情況是看漲的，風險信號正在下降。他預測，如果購買持續，BTC的價格將達到114K美元。但是，Woo警告說，如果資本流入較弱，則Woo警告了另一種利潤和看跌式差異。

Moreover, miners have increased their BTC selloff on crypto exchanges after the ATH. Notably, inflows have doubled from an average of 25 BTC to 50 BTC per day, while historical peaks reach around 100 BTC per day.

此外，礦工在ATH之後增加了對加密貨幣交易所的BTC拋售。值得注意的是，流入量從平均25 BTC增加了一倍，每天50 BTC，而歷史峰值每天達到100 BTC。

This indicates a rise in sales despite being a long way from peak volumes, with the crypto market absorbing the extra supply comfortably. The odds for opening new Bitcoin shorts near the ATH are higher.

這表明銷售額增加了，儘管距離峰值量很長，但加密貨幣市場舒適地吸收了額外的供應。在ATH附近打開新的比特幣短褲的機率更高。