美國投資者在比特幣和以太坊市場中發揮關鍵作用，受規範的未來和機構採用推動了下一階段的增長。

Bitcoin, Ethereum, and US Investors: A New Era?

比特幣，以太坊和美國投資者：一個新時代？

US investors are playing a key role in the Bitcoin and Ethereum markets. With regulated futures and institutional adoption, are we entering a new era for these digital assets?

美國投資者在比特幣和以太坊市場中發揮關鍵作用。有了受監管的未來和機構採用，我們是否正在進入這些數字資產的新時代？

US Investors Keep Crypto Afloat

美國投資者保持加密貨幣

Recent analysis suggests that US investors have been actively buying Bitcoin and Ethereum, helping to stabilize prices amidst global uncertainty. The Coinbase Premium Index, which tracks the price difference between Coinbase (USD pair) and Binance (USDT pair), has been positive since May 9, 2024, indicating strong buying activity from US institutional investors.

最近的分析表明，美國投資者一直在積極購買比特幣和以太坊，有助於在全球不確定性中穩定價格。自2024年5月9日以來，Coinbase Premium指數跟踪了Coinbase（USD對）和Binance（USDT對）之間的價格差異，表明美國機構投資者的強大購買活動。

Burak Kesmeci, an on-chain analyst, noted that institutional investors and Bitcoin & Ethereum ETF investors (excluding Fidelity) are heavily purchasing through Coinbase. This buying pressure is believed to be a key factor in preventing sharp drops in Bitcoin and Ethereum prices despite ongoing geopolitical tensions.

鏈分析師Burak Kesmeci指出，機構投資者和比特幣和以太坊ETF投資者（不包括Fidelity）通過Coinbase大量購買。據信這種購買壓力是防止比特幣和以太坊價格急劇下降的關鍵因素，儘管持續進行地緣政治緊張局勢。

Coinbase's Role: Bridging Crypto and Wall Street

Coinbase的角色：橋接加密和華爾街

Coinbase is solidifying its position as a bridge between the decentralized world of crypto and traditional finance. The launch of U.S. Perpetual-Style Futures on July 21, 2025, a regulated product, marks a significant step towards institutional adoption. These futures contracts, with nano-sized contracts (0.01 BTC and 0.1 ETH), offer a regulated alternative to offshore exchanges, attracting both retail and institutional players.

Coinbase正在鞏固其在分散的加密世界和傳統金融世界之間的橋樑地位。受監管的產品於2025年7月21日推出了美國永久性期貨，這標誌著機構採用的重要一步。這些期貨合同與納米尺寸合同（0.01 BTC和0.1 ETH）提供了一個受監管的替代品，可以吸引零售和機構參與者。

Furthermore, Coinbase's Bitcoin accumulation strategy signals confidence in the asset's long-term value and aligns the company with institutional investors seeking stable counterparties. This strategy acts as a "capital buffer," reducing volatility exposure for customers and reinforcing Coinbase's credibility.

此外，Coinbase的比特幣積累策略表明對資產的長期價值的信心，並將公司與尋求穩定對手的機構投資者保持一致。該策略是一種“資本緩衝區”，可減少客戶的波動率，並增強Coinbase的信譽。

Ethereum vs. Bitcoin: A Potential Breakout?

以太坊與比特幣：潛在的突破？

While Bitcoin remains a dominant force, Ethereum may be poised for a breakout. According to crypto analyst Michaël van de Poppe, Ethereum is showing underlying strength and could outperform Bitcoin if it breaches the 0.02325 BTC resistance level. Ethereum has been outperforming Bitcoin since early April, and a successful breakout would continue this trend.

儘管比特幣仍然是主要力量，但以太坊可能有望突破。根據加密分析師MichaëlVande Poppe的說法，以太坊表現出潛在的強度，並且如果違反0.02325 BTC耐藥水平，則可以勝過比特幣。自4月初以來，以太坊的表現一直優於比特幣，成功的突破將繼續這一趨勢。

Investment Implications

投資影響

The confluence of regulated infrastructure, Bitcoin accumulation, and institutional demand creates a compelling investment opportunity. Investors should monitor metrics like the Coinbase Premium Index, retail/institutional adoption rates, and Bitcoin's price performance relative to regulatory milestones.

受監管的基礎設施，比特幣積累和機構需求的匯合創造了令人信服的投資機會。投資者應監視諸如Coinbase Premium指數，零售/機構採用率以及比特幣相對於監管里程碑的價格績效等指標。

Final Thoughts

最後的想法

The crypto market is evolving, and US investors are at the forefront of this transformation. With regulated futures, institutional adoption, and potential breakouts on the horizon, it's an exciting time to be involved in the world of Bitcoin and Ethereum. So, buckle up, grab your favorite beverage, and enjoy the ride! It's gonna be wild!

加密市場正在發展，美國投資者處於這種轉型的最前沿。隨著受監管的未來，機構的採用以及潛在的突破，這是一個令人興奮的時刻，可以參與比特幣和以太坊的世界。因此，扣緊，拿起您最喜歡的飲料，享受旅程！會很瘋狂！