比特幣（BTC）價格穩步攀升至110,000美元

比特幣的價格穩步攀升至110000美元，目前交易接近105600美元，這是由於對美國與中國貿易協定的突破性的樂觀助長

Bitcoin price is steadily advancing toward the $110,000 mark, currently trading above $105,600 as optimism builds around a breakthrough US–China trade agreement and April Consumer Price Index (CPI) report. With stable market volatility and strong ETF inflows fueling the momentum, Bitcoin appears poised to break the $109,350 all-time high and set a new peak.

比特幣的價格正穩步發展到11​​0,000美元，目前的交易超過105,600美元，隨著樂觀情緒圍繞美國 - 中國貿易協定和April Consemer Price指數（CPI）報告的突破性。隨著市場波動穩定和強勁的ETF流入助長了動力，比特幣似乎有望打破109,350美元的歷史最高水平，並設定了新的峰值。

Over the weekend, U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer announced the finalization of a US–China trade deal following months of intense negotiations in Geneva. The formal statement is expected to be released on Monday. This agreement brings an end to the protracted trade war that had sharply increased tariffs and global inflation concerns. By alleviating fears of rising inflation, the trade resolution has restored market confidence and created a more favorable environment for risk assets like Bitcoin.

上週末，美國財政部長斯科特·貝斯特（Scott Bessent）和貿易代表傑米森·格里爾（Jamieson Greer）宣布，在日內瓦進行了幾個月的激烈談判後，在美國與中國貿易協定終止。正式聲明預計將於週一發布。該協議結束了曠日持久的貿易戰爭，該戰爭大大提高了關稅和全球通貨膨脹的關注。通過減輕人們對通貨膨脹率上升的擔憂，貿易解決方案恢復了市場信心，並為像比特幣這樣的風險資產創造了更有利的環境。

The upcoming April CPI report, scheduled for Tuesday, could further contribute to Bitcoin’s bullish momentum. Analysts from RBC project a slight year-over-year decrease in headline inflation to 2.3%, compared to 2.4% in March, while the core CPI is anticipated to hold steady at 2.8%. If the data confirms easing inflationary pressures, investors may interpret it as further validation for future Federal Reserve rate cuts, offering an additional catalyst for Bitcoin to potentially breach the $110,000 level.

即將於週二舉行的即將到來的4月CPI報告可能會進一步為比特幣的看漲勢頭做出貢獻。來自加拿大皇家銀行項目的分析師的標題通貨膨脹率同比下降至2.3％，而3月份為2.4％，而CORE CPI預計將保持穩定為2.8％。如果數據確認緩解通貨膨脹壓力，投資者可以將其解釋為對未來的美聯儲降低稅率的進一步驗證，從而為比特幣提供了額外的催化劑，以違反110,000美元的水平。

“A positive CPI print could act as a bullish driver, helping BTC price hit new all-time highs,” Markus Thielen, founder of 10x Research, noted in a commentary to CoinDesk.

10x Research的創始人馬庫斯·泰倫（Markus Thielen）在Coindesk的評論中指出：“正面的CPI印刷品可以充當看漲的司機，幫助BTC價格達到新的歷史最高點。”

Bitcoin’s Institutional Strength and Market Stability

比特幣的機構實力和市場穩定

Institutional interest continues to play a pivotal role in Bitcoin’s resurgence. BlackRock’s IBIT ETF has reported 20 consecutive days of net inflows, now exceeding $5 billion in assets under management, according to SoSoValue. This persistent inflow of capital has been instrumental in Bitcoin’s strong recovery from April’s lows of $75,000 to its current position above $104,000 within just a few weeks.

機構興趣繼續在比特幣復興中發揮關鍵作用。根據Sosovalue的數據，貝萊德的IBIT ETF已報告了連續20天的淨流入，現在管理的資產超過了50億美元。這種持續的資本流入對比特幣從4月份的75,000美元的低點到其目前的職位上的高度回升到了僅僅幾週的104,000美元以上。

Supporting the case for a sustained rally, data from HTX Research indicates that implied volatility (IV) in Bitcoin options remains subdued at 50–55%, a stark contrast to the 80%+ volatility peaks seen in previous crypto bubbles. CME Bitcoin futures open interest stands at $14.8 billion, which is still below the 2020 highs, suggesting there is room for growth without overextension. Leverage across the crypto market remains moderate, and ETF demand continues to show consistency, reducing the risk of sudden downturns.

支持持續集會的案例，HTX研究的數據表明，比特幣期權中隱含的波動率（IV）仍處於50–55％的柔和，與以前的加密泡沫中看到的80％+波動率峰形成了鮮明的對比。 CME比特幣期貨開放利息為148億美元，仍低於2020年的高點，這表明沒有過度擴張的增長空間。整個加密貨幣市場的槓桿作用仍然溫和，ETF需求繼續表現出一致性，從而降低了突然衰退的風險。

Analysts highlight that as long as bond yields stay below 4.8%, Bitcoin price could consolidate within the $105,000 to $115,000 range, with a breakout above $110,000 becoming increasingly likely if the CPI report aligns with market expectations or if additional bullish catalysts emerge.

分析師強調，只要債券收益率保持在4.8％以下，比特幣的價格就可以在105,000美元至115,000美元的範圍內鞏固，如果CPI報告與市場預期保持一致，或者如果額外的看漲催化劑的出現，則越來越多的突破範圍超過110,000美元。

The broader crypto market is also seeing strong gains, with Ether (ETH), Dogecoin (DOGE), Cardano (ADA), and Solana (SOL) all reporting double-digit weekly increases. However, the absence of speculative frenzy suggests that the rally is built on strong fundamental support rather than hype, adding further credibility to Bitcoin’s push toward $110,000.

更廣泛的加密貨幣市場也看到了很大的收益，以太（ETH），Dogecoin（Doge），Cardano（Ada）和Solana（Sol）（SOL）每週增加兩位數的增加。但是，缺乏投機性的瘋狂表明，集會是建立在強大的基本支持的基礎上，而不是炒作，這增加了比特幣向110,000美元的推動力的信譽。