比特幣（BTC）恢復了看漲的勢頭，並顯示了另一個突破的跡象

儘管最近有回調，但加密分析師指出了幾種主要的逆風，這些逆風可能會將BTC遠遠超出去年年底的108,077美元高度。

Bitcoin (BTC) has regained bullish momentum and is showing signs of another breakout — potentially reaching a new all-time high as early as this month.

比特幣（BTC）恢復了看漲的勢頭，並顯示出另一個突破的跡象 - 在本月最早可能會達到新的歷史最高水平。

Despite recent pullbacks, crypto analysts are pointing to several major tailwinds that could push BTC well beyond its previous $108,077 high set late last year.

儘管最近有回調，但加密分析師指出了幾種主要的逆風，這些逆風可能會將BTC遠遠超出去年年底的108,077美元高度。

Here are the top three reasons fueling optimism in the Bitcoin market:

這是助長比特幣市場樂觀的三大原因：

1. ETF Inflows Are Surging Again

1。 ETF流入再次激增

After a temporary slowdown in April, U.S. spot Bitcoin exchange-traded funds (ETFs) are seeing renewed inflows.

在四月份暫時放緩之後，美國現貨比特幣交易所交易基金（ETF）看到了新的流入。

According to market data, these regulated investment products — which allow institutional and retail investors to gain exposure to BTC without holding the asset directly — are once again driving up demand.

根據市場數據，這些受監管的投資產品（允許機構和散戶投資者可以直接持有資產的情況下接觸BTC）再次提高了需求。

This return of large-scale buying pressure is a key signal that Bitcoin’s next leg up may already be underway.

大規模購買壓力的回歸是一個關鍵信號，表明比特幣的下一條腿可能已經在進行。

2. BTC Supply on Exchanges Continues to Shrink

2。交流中的BTC供應繼續收縮

One of the strongest on-chain signals for a bullish breakout is the continued decline in Bitcoin held on centralized exchanges.

對看漲突破的最強鏈信號之一是集中式交流的比特幣持續下降。

Data from analytics firm Santiment shows that BTC supply on exchanges has dropped to its lowest level since December 2021 — a clear indication that holders are opting to store Bitcoin in self-custody wallets rather than sell.

分析公司的數據表明，自2021年12月以來，交易所中的BTC供應已下降到其最低水平，這清楚地表明持有人選擇將比特幣存儲在自我客戶的錢包中而不是銷售中。

This shift suggests that investors expect higher prices ahead — and are positioning accordingly.

這一轉變表明，投資者期望提出更高的價格 - 並在相應地定位。

3. Social Sentiment and On-Chain Activity Are Rising

3。社會情緒和鏈上活動正在上升

Bitcoin’s social volume — a metric tracking the frequency of mentions across major crypto-related channels — has started to spike again. That coincides with higher transaction volumes and greater on-chain activity, both of which often precede major price moves.

比特幣的社交量 - 一種指標，跟踪與加密相關的主要渠道中提及的頻率 - 再次開始飆升。這與較高的交易量和更大的鏈上活動相吻合，這兩個活動通常都在主要價格轉移之前。

As crowd sentiment improves and activity rises, Bitcoin appears well-positioned to re-enter price discovery territory.

隨著人群情緒的提高和活動的上升，比特幣似乎有很好的位置，以重新進入價格發現領域。

Outlook: BTC Eyes a New All-Time High in May 2025

前景：BTC眼睛在2025年5月有史以來新的高潮

With ETF inflows accelerating, exchange reserves falling, and social signals turning bullish, Bitcoin is setting up for a potential rally.

隨著ETF流入的加速，交換儲量下降以及社會信號變成看漲，比特幣正在為潛在的集會設置。

While short-term volatility remains likely, these combined fundamentals make a compelling case that BTC could surge to new highs — possibly before the end of the month.

儘管短期波動率仍然可能存在，但這些合併的基本面使BTC可能在本月底之前迅速升至新的高點。