比特幣在周一表現出了更新的實力，攀升到了顯著95,000美元以上

比特幣週一顯示出了更新的實力，由於更廣泛的金融市場將重點轉移到唐納德·特朗普（Donald Trump）即將舉行的100天政策審查演講中，因此攀升到了95,000美元的顯著分數。

Bitcoin (BTC) demonstrated renewed strength on Monday, climbing back above the significant $95,000 mark as the broader financial markets turned their attention towards President Donald Trump’s upcoming 100-day review speech.

比特幣（BTC）在周一表現出了更新的實力，由於更廣泛的金融市場將注意力轉移到唐納德·特朗普（Donald Trump）即將上映的100天評論演講中，因此攀升到了95,000美元的顯著分數。

Amid a complex macroeconomic backdrop shaped by Trump’s second term policies, on-chain data showing significant Bitcoin withdrawals from exchanges added fuel to bullish sentiment, prompting speculation about a potential push towards the $100,000 milestone.

在特朗普的第二任期政策所塑造的複雜宏觀經濟背景中，鏈上數據顯示，從交易所中提取了大量的比特幣，增加了對看漲情緒的燃料，這引發了人們對潛在推動這一100,000美元里程碑的猜測。

Anticipation builds ahead of Trump’s 100-day review

在特朗普的100天審查之前，預期建立

After a period of consolidation, Bitcoin prices pushed higher, reaching levels above $95,490 according to CoinGecko data by Monday, 08:43 ET (12:43 GMT). This marked an 0.8% gain over 24 hours and reflected a robust 8.9% increase week-over-week.

經過一段時間的合併後，比特幣價格提高了，根據Coingecko數據，到週一08:43 ET（GMT 12:43），比特幣價格提高了95,490美元。這標誌著24小時內的0.8％增長，並反映出每週增加8.9％的增長8.9％。

This price action mirrored gains seen in US equity markets, particularly among top technology stocks, as investors awaited clarity from Trump’s address.

這種價格行動反映了在美國股票市場中看到的收益，尤其是在頂級技術股票中，投資者等待特朗普的講話清晰。

Crypto-related policies have been a notable feature of Trump’s second term thus far, and market participants are particularly keen for updates on proposals like the potential creation of a US Bitcoin strategic reserve.

到目前為止，與加密相關的政策一直是特朗普第二任期的顯著特徵，市場參與者特別熱衷於更新建議，例如潛在的美國比特幣戰略儲備。

A definitive announcement confirming the strategic reserve initiative could serve as a powerful catalyst, potentially triggering a rapid (“parabolic”) move towards and beyond $100,000.

確認戰略儲備倡議的最終公告可以作為強大的催化劑，有可能引發快速（“拋物線”）朝著100,000美元的快速行動。

Conversely, renewed emphasis on aggressive tariff strategies or drastic budget cuts in the speech could dampen overall market sentiment, potentially capping Bitcoin’s near-term upside despite its recent resilience.

相反，重點重視積極的關稅策略或演講中的急劇預算可能會削弱整體市場情緒，儘管最近具有彈性，但仍可能限制比特幣的近期上漲空間。

Macro crosscurrents: tariffs, inflation, and Fed pressure

宏交叉流：關稅，通貨膨脹和餵養壓力

The first 100 days of Trump’s term have been marked by distinct policy trends influencing market dynamics.

特朗普任期的前100天以影響市場動態的不同政策趨勢標誌著。

While US inflation has continued its downward trend (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump’s continued advocacy for tariffs – measures widely warned by economists as potentially inflationary – creates tension.

儘管美國通貨膨脹率一直持續下降趨勢（從2022年的9.1％峰值下降到2025年3月的2.4％，但特朗普繼續倡導關稅 - 措施被經濟學家廣泛警告為潛在的通貨膨脹 - 造成緊張。

The President has claimed victory over inflation while simultaneously pushing for policies that could reignite price pressures.

總統聲稱勝利了通貨膨脹，同時推動了可能重新施加價格壓力的政策。

This backdrop informs Trump’s recently intensified calls for the Federal Reserve to cut interest rates, including public pressure and threats aimed at replacing Fed Chair Jerome Powell.

這種背景告知特朗普最近呼籲美聯儲降低利率的呼籲，包括公共壓力和旨在取代美聯儲主席杰羅姆·鮑威爾（Jerome Powell）的威脅。

While these pronouncements have sparked market speculation, data from the CME FedWatch tool still indicates a dominant (90.1%) probability that the Fed will maintain current rates at its upcoming May 7 FOMC meeting.

儘管這些聲明激發了市場的投機，但CME FedWatch工具的數據仍然表明，在即將在5月7日的FOMC會議上，美聯儲將在其即將到來的FOMC上保持當前利率的可能性（90.1％）。

However, the administration’s focus on tariffs (“impose across-the-board tariffs on most foreign-made goods”) continues to inject uncertainty into US stock markets.

但是，政府對關稅（“對大多數外國製造商品徵收全面關稅”）的關注繼續向美國股票市場注入不確定性。

This uncertainty appears to be bolstering Bitcoin’s narrative as a potential safe-haven asset, relatively insulated from direct geopolitical trade spats and supply chain disruptions.

這種不確定性似乎是在擴大比特幣的敘述，作為潛在的避風港資產，相對與直接的地緣政治貿易和供應鏈破壞相對隔離。

Notably, Bitcoin has posted year-to-date gains of 5.6%, contrasting with declines seen in the S&P 500 and Dow Jones indices (down 5% YTD) during the same period.

值得注意的是，比特幣的年初至今增長率為5.6％，與標準普爾500指數中的下降相比，同期Dow Jones指數（下降5％YTD）。

Should Trump’s policies continue to foster volatility in traditional financial (TradFi) markets, Bitcoin’s perceived resilience could attract further capital inflows.

如果特朗普的政策繼續在傳統的金融（Tradfi）市場中促進波動，那麼比特幣的韌性可能會吸引進一步的資本流入。

On-chain flows signal accumulation?

鏈流信號積累？

Adding weight to the bullish case is compelling on-chain data indicating significant Bitcoin movement off cryptocurrency exchanges.

在看漲案例中增加重量是誘人的鏈上數據，表明比特幣在加密貨幣交換中移動。

Analysis from CryptoQuant reveals that investors have withdrawn over $4 billion worth of Bitcoin from tracked exchange wallets since Trump’s recent calls for rate cuts began around April 22.

CryptoQuant的分析表明，自從特朗普最近對削減稅率降級的呼籲開始以來，投資者已從追踪的交換錢包中撤回了超過40億美元的比特幣。

Total exchange reserve balances reportedly fell from $237.8 billion to $233.8 billion during this period.

據報導，在此期間，總貿易儲備餘額從2378億美元降至238億美元。

This trend of coins leaving exchanges is often interpreted bullishly, as it suggests investors are moving Bitcoin into private storage (“cold wallets”) for longer-term holding rather than keeping it readily available for sale on trading platforms.

貨幣離開交流的這種趨勢通常是看漲的，因為它表明投資者正在將比特幣轉移到私人存儲（“冷錢包”）中，以進行長期持有，而不是讓它在交易平台上隨時可用。

This reduction in easily accessible supply, coupled with potentially steady or increasing demand triggers (like the safe-haven narrative or strategic reserve news), strengthens the argument for a potential price breakout.

易於使用的供應的減少，再加上潛在的穩定或增加的需求觸發器（例如安全的敘事或戰略儲備新聞），增強了潛在價格突破的論點。

Bitcoin tests $95K resistance, eyes $100K breakout

比特幣測試$ 95K的抵抗力，眼睛$ 100K突破

With demand factors seemingly active and exchange supply tightening, the technical picture comes into sharp focus. Bitcoin is currently testing the significant resistance zone around 95,000−95,500.

隨著需求因素看似活躍並彙總了供應收緊，技術情況逐漸成為重點。比特幣目前正在測試95,000-95,500左右的顯著電阻區。

Successfully overcoming and holding above this level is seen as crucial for confirming the next leg higher.

成功地克服和握住這一水平對於確認下一個腿更高是至關重要的。

The $100,000 psychological milestone remains the key upside target in the near term, with the confluence of macro uncertainty, potential policy catalysts from Trump’s speech, and supportive on-chain data suggesting the stage could be set for such a move.

100,000美元的心理里程碑仍然是近期的關鍵上行目標，隨著宏觀不確定性的融合，特朗普講話的潛在政策催化劑，並且支持性的鏈上數據表明，這表明可以為此設定舞台。