比特幣價格保持在歷史最高水平

在5月21日的出色激增之後，比特幣價格保持在其歷史最高水平，公牛在很大程度上被控制著市場的價格發現。

Bitcoin price remained close to its all-time high on May 21, with bulls largely in control as the market looked toward price discovery.

比特幣的價格在5月21日的歷史最高水平上保持近距離，公牛在市場方面的探索方面很大程度上受到控制。

After hitting highs of $111,861, Bitcoin (BTC) traded to around $110,300 before rebounding higher.

在達到111,861美元的高高點之後，比特幣（BTC）的股價為110,300美元，然後反彈更高。

Despite the spike to a fresh peak, with Bitcoin outpacing the Dow Jones Industrial Average as stocks struggled, the market didn’t witness a significant profit taking scenario so far.

儘管峰值達到了新的高峰，但隨著股票的掙扎，比特幣超過道瓊斯工業平均水平，但到目前為止，市場並沒有看到巨大的利潤。

What are analysts saying about Bitcoin price?

分析師對比特幣價格有何評價？

Notably, all BTC addresses flipped profitable as the cryptocurrency rallied. Yet on-chain data shows the benchmark digital asset is “still not overheated.”

值得注意的是，隨著加密貨幣的集會，所有BTC都解決了盈利。然而，鏈上的數據顯示，基準數字資產“仍然沒有過熱”。

CryptoQuant analyst Crypto Dan posited that despite the run to a new ATH, profit taking is so far mild.

加密分析師Crypto Dan提出，儘管有新的ATH，但獲利仍然是溫和的。

“Overheating indicators such as the funding rate [and] short-term capital inflow remain low compared to previous peaks,  and profit-taking by short-term investors is limited.”

“與以前的高峰相比，諸如資金率和短期資本流入率之類的過熱指標仍然很低，而短期投資者的利潤有限。”

Alex Wacy, a popular crypto analyst and investor, noted via a post on X that while BTC storms to a new ATH, “there’s no mania.”

受歡迎的加密分析師和投資者亞歷克斯·韋西（Alex Wacy）通過X上的一篇文章指出，當BTC向新的ATH襲擊時，“沒有躁狂症”。

He pointed to Google searches being low, with retail not yet in fear of missing out territory.

他指出，Google的搜索量很低，零售業尚未擔心丟失領土。

But as Bitcoin quietly edges towards price discovery, something else is at historic levels – the global M2 money supply. Currently, this sits at over $22 trillion.

但是，隨著比特幣悄悄地朝著價格發現的邊緣，其他一些處於歷史性水平 - 全球M2貨幣供應。目前，這是超過22萬億美元。

“That means there’s more money in the system than ever before. But it’s not backed by an equivalent increase in productivity, goods, or services. It’s just… more money,” the analyst noted.

分析師指出：“這意味著系統中的資金比以往任何時候都多。但這並不是由生產力，商品或服務的同等增加的支持。這只是……更多的錢。”

No frenzy means it’s still early days for Bitcoin, Wacy said. His forecast aligns with overall market sentiment that Bitcoin’s price could target $150k or higher in 2025. On May 21, 2025, as BTC price broke past its January 2025 peak, Michael Saylor said buying at the top could still be profitable long-term.

韋西說，沒有瘋狂意味著比特幣的初期。他的預測與整體市場的情緒保持一致，即比特幣的價格可能是針對2025年的$ 150K或更高的目標。 2025年5月21日，BTC的價格超過了2025年1月的峰值，邁克爾·賽勒（Michael Saylor）表示，最高的購買仍然可以有利可圖。

The confidence in Bitcoin price going higher could be why a whale just sold recently acquired Ether (ETH) and continues to hodl the BTC.

對比特幣價格的信心更高，這可能是為什麼鯨魚最近售出的鯨魚（ETH）並繼續向BTC進行hodl。

Per Lookonchain, a whale who scooped 30,000 ETH and 600 BTC on April 27, 2025 has sold all 30k ETH. However, the address still holds all 600 BTC purchased for $56.9 million. The whale’s Bitcoin haul was worth over $66.5 million as prices hovered above $111k.

Per Lookonchain，一頭鯨魚，在2025年4月27日搶購了30,000 ETH和600 BTC，已出售了所有30k ETH。但是，該地址仍然持有全部600 BTC以5690萬美元的價格購買。隨著價格徘徊在11.1萬美元以上，鯨魚的比特幣運輸價值超過6650萬美元。