大貿易突破之後，2025年5月12日，比特幣價格上漲至105000美元

在美國和中國之間取得巨大貿易突破以降低關稅之後，比特幣上漲至2025年5月12日以上。

The U.S. and China have agreed to reduce tariffs for a period of 90 days with the U.S. retrenching its percentages from 145% to 30 % in exchange for China reducing the duties it imposes on imports from the United States from 125 percent to ten percent. This short-lived trade cease-fire has sparked hope among world markets, which has flown capital into cryptocurrencies such as Bitcoin.

美國和中國已同意在90天內降低關稅，而美國將其百分比從145％削減至30％，以換取中國，從而減少了對美國進口的關稅，從美國進口的義務從125％降低到十％。這種短暫的貿易停火引發了世界市場的希望，世界市場將資本飛向比特幣等加密貨幣。

After four months, data from the market indicates Bitcoin’s strength as its price has come above the $105,000 mark for the first time since last year. The rally is consistent with the broader market rally, as investors see a lessening of trade hostilities as a good thing for risk assets. The overall crypto market cap has also increased to $3.28 trillion, a number not witnessed since February 2025, said CoinMarketCap.

四個月後，來自市場的數據表明比特幣的實力，因為其價格自去年以來首次超過105,000美元。集會與更廣泛的市場集會一致，因為投資者將貿易敵對行動的減少視為風險資產的好處。 CoinMarketCap說，自2025年2月以來，總體加密市值也已增加到32.8萬億美元。

Bitcoin’s bullish impetus is propelled by the trade truce

比特幣的看漲動力是由貿易休戰推動的

The reductions in the tariffs come from a deal made last weekend in Geneva between US Treasury Secretary Scott Bessent and Chinese Vice President He Lifeng. The deal is an attempt to ease the trade war, which has derailed the two countries’ bilateral relations for months. By cutting back on tariffs, both nations are optimistic that they will increase global trade and improve on liquidity, factors that have ever supported Bitcoin price rallies.

關稅的降低來自上週末在日內瓦的一項交易，美國財政部長斯科特·貝森特（Scott Bessent）和中國副總統赫爾（He Lifeng）達成了一項交易。該協議是試圖緩解貿易戰的試圖，該戰爭已經使兩國的雙邊關係脫軌了幾個月。通過削減關稅，這兩種國家都樂觀，他們將增加全球貿易並改善流動性，這些因素曾支持比特幣價格集會。

Bitcoin’s weekly chart shows a bull flag breakout, an indicator that often indicates that there is an upward continuation. Such technical configuration implies an estimated price target of $150,000, which may be achieved, assuming the bullish momentum remains unchanged. The latest price movement of the cryptocurrency shows increased investor confidence as capital moves into risk-on assets such as Bitcoin after the trade news.

比特幣的每週圖表顯示了一個牛旗突破，該指標通常表明有一個向上的延續。這種技術配置意味著估計的目標價為150,000美元，假設看漲的勢頭保持不變，則可以實現。加密貨幣的最新價格轉移表明，隨著資本轉向貿易新聞後的風險資產，投資者的信心增加。

According to Material Indicators data, there was also an increase in buying activity by large investors, or whales, with orders ranging from $100,000 to $10 million. From May 10, these entities have increased their accumulation considerably, cumulative volume delta (CVD) for whale classes has increased sharply. At the same time, little retail traders with orders below $10,000 have been liquidating, perhaps booking profits or closing out positions.

根據物質指標的數據，大型投資者或鯨魚的購買活動也有所增加，訂單範圍從100,000美元到1000萬美元不等。從5月10日起，這些實體大大提高了其積累，鯨魚類別的累積數量增量（CVD）急劇增加。同時，訂單低於$ 10,000的幾乎沒有訂單的零售交易員正在清算，也許是預訂利潤或結束職位。

The other financial markets have also been affected by the tariff cuts. In addition to a 0.7% gain for the dollar, S&P 500 futures rose 2.8%. Meanwhile, gold prices dropped by 2.3%, a move away from safe-haven assets, with investors turning to riskier investments such as cryptocurrency, according to a report by TradingView.

其他金融市場也受到關稅削減的影響。除了美元增長0.7％外，標準普爾500指貨期貨增長2.8％。同時，根據TradingView的一份報告，黃金價格下跌了2.3％，遠離避風港資產，投資者轉向更風險的投資，例如加密貨幣。

Market Sentiment and Price Risks

市場情緒和價格風險

With such bullish momentum, certain caution is called for. Bitwise’s Cryptoasset Sentiment Index has now risen to its highest level since November 2024, and that has previously been a precursor to temporary market corrections. Previously, periods of price pullbacks or consolidation followed the previous peaks in sentiment recorded in April 2022 and October 2023.

有了這樣的看漲勢頭，需要一定的謹慎。 Bitwise的CryptoAsset情感指數現在已上升到2024年11月以來的最高水平，以前是臨時市場更正的先驅。以前，在2022年4月和2023年10月記錄的情感上，價格下跌或合併的期限是在先前的峰值之後的。

Altcoins have also benefited from the trade truce and Ethereum is up 4.38% to $2,625 while XRP is up 3.72% to $2.45. The rally of the broader crypto market confirms the positive effect of the better US-China trade relationships on digital assets. Nevertheless, the market is still subject to the external economic changes across the world, and the change of trade policies may add some volatility.

AltCoins也從貿易停戰中受益，以太坊上漲4.38％，至2,625美元，而XRP上漲了3.72％至2.45美元。更廣泛的加密市場集會證實了更好的美國 - 中國貿易關係對數字資產的積極影響。然而，市場仍在全球外部經濟變化中，貿易政策的變化可能會增加一些波動。

So far, the price path of Bitcoin seems to be associated with the development of the trade environment. The 90-day tariff reduction period is a window for markets to get back on their feet and may lay the ground for more in the cryptocurrency sector.

到目前為止，比特幣的價格路徑似乎與貿易環境的發展有關。減少90天的關稅期是市場重新站起來的窗口，並可能在加密貨幣領域為更多的地面奠定基礎。