比特幣再次通過$ 105,000大關搖晃市場

通過跨越105,000美元的大關，標誌性的加密貨幣恢復到自一月以來一直沒有達到的水平

Bitcoin has once again managed to shake the market with its price movements. Surpassing the $105,000 mark, the iconic cryptocurrency reached levels not seen since January. This surge, which comes in parallel with the rise of the main altcoins, sparks speculation: is this a simple technical rebound or the beginning of a new bullish cycle?

比特幣再次設法通過其價格變動來震撼市場。標誌性的加密貨幣超過了105,000美元的分數，自一月份以來就無法達到水平。這次激增與主山羊的興起平行，這激發了人們的猜測：這是一個簡單的技術反彈還是新的看漲週期的開始？

In a rapidly changing geopolitical context and as investors regain their appetite for risk, the signals are multiplying, but their interpretation remains crucial.

在快速變化的地緣政治環境中，隨著投資者恢復對風險的需求，信號正在繁殖，但他們的解釋仍然至關重要。

Bitcoin Surpasses $105,000 as It Surpasses Another Milestone

比特幣超過$ 105,000，因為它超過了另一個里程碑

Surpassing the symbolic threshold of $105,000 this Sunday, Bitcoin continues its ascent. A first since January 2025, a fact that is highlighting the importance of this psychological barrier.

比特幣在本週日超過了105,000美元的象徵性門檻，繼續上升。自2025年1月以來的第一個事實強調了這種心理障礙的重要性。

This brings the queen of cryptos to less than 3% of its all-time high of $108,786, reached on the day of Donald Trump’s inauguration. An incredible feat considering the recent price collapse of the main cryptocurrency.

這使加密貨幣女王不到唐納德·特朗普就職日達到其歷史最高額為108,786美元的不到3％。考慮到主要的加密貨幣最近價格崩潰，這是一個令人難以置信的壯舉。

This renewed strength, +2% over 24 hours and +25% over one month, seems to be part of a cautious optimism, favored by the easing of the American trade war.

這種更新的實力在24小時內 +2％，一個月內 +25％ +25％，似乎是謹慎的樂觀情緒的一部分，受到美國貿易戰的緩解所青睞。

However, it is important to remain vigilant. Despite this positivity and the clear upward trend, a troubling phenomenon is also being observed. Indeed, Bitcoin’s dominance in the crypto ecosystem is decreasing.

但是，保持警惕很重要。儘管這種積極性和清晰的趨勢，但仍觀察到令人不安的現象。確實，比特幣在加密生態系統中的主導地位正在減少。

In other words, its market share is eroding as altcoins like Ethereum, XRP, or Dogecoin are making gains. A dynamic that, for some analysts, does not herald the arrival of a sustainable altcoin season, but rather reflects a temporary appetite for risk assets in a still fragile context.

換句話說，它的市場份額正在侵蝕，因為以太坊，XRP或Dogecoin等山寨幣正在取得收益。對於某些分析師而言，這種動態並不能預示可持續的山寨幣季節的到來，而是反映出在仍然脆弱的背景下對風險資產的暫時食慾。

This is also evidenced by the liquidation of short positions, which exceeded $128 million in a single day, a fact that speaks volumes about the difficulties faced by pessimists.

清算短期職位的清算也證明了這一點，這一天在一天內超過了1.28億美元，這一事實表達了悲觀主義者所面臨的困難。

Contrarian traders have learned the hard way: betting against this bullish trend can be very costly.

逆勢交易者已經學會了艱難的方法：反對這種看漲趨勢的賭注可能非常昂貴。

XRP, Dogecoin, and Ethereum: The Awakening of the Followers?

XRP，Dogecoin和以太坊：追隨者的覺醒？

While BTC is hogging the limelight, attention also turns to other players. XRP is up nearly 4%, nearing $2.43, while Ethereum is up 3.5% to $2,563. As for Dogecoin, it takes the lead with an impressive 8% rise, reaching $0.232.

儘管BTC陷入了眾人矚目的焦點，但注意力也轉向了其他玩家。 XRP上漲了近4％，接近2.43美元，而以太坊上漲了3.5％至2,563美元。至於狗狗幣，它以令人印象深刻的8％上升，達到0.232美元。

This renewed interest in altcoins can be explained by several factors. First, the classic ripple effect: when Bitcoin goes up, investors turn to the “smaller” tokens seeking higher yields.

這種對山寨幣的新興趣可以通過幾個因素來解釋。首先，經典的連鎖反應：當比特幣上升時，投資者轉向尋求更高產量的“較小”令牌。

Next, increased confidence in the crypto sector as a whole, fueled by a calmer geopolitical context, notably Trump’s retreat on some economic fronts. But this euphoria could well be short-lived.

接下來，在平靜的地緣政治環境的推動下，對加密貨幣部門的整體信心增加了，特別是特朗普在某些經濟方面的撤退。但是這種欣喜可能是短暫的。

Macroeconomic uncertainties, lingering geopolitical tensions, and possible volatility resurgence could bring investors back to Bitcoin, the crypto market’s safe haven. In other words, if strong winds blow, altcoins could sink again.

宏觀經濟的不確定性，揮之不去的地緣政治緊張局勢以及可能的波動性複蘇可能會使投資者回到加密貨幣市場的避風港比特幣。換句話說，如果強風吹，山寨幣可能會再次下沉。

It is true that Bitcoin’s dominance is eroding, but to say that this heralds a lasting reshuffling of the cards would be premature.

的確，比特幣的統治地位正在侵蝕，但是說這可以預示持續的卡片將為時過早。

Historically, altcoin season phases occur only after a sustained accumulation phase and Bitcoin stabilization. However, we are still in the midst of speculative frenzy.

從歷史上看，AltCoin季節階段僅在持續的積累階段和比特幣穩定後才發生。但是，我們仍處於投機性的狂熱之中。

Seasoned investors know: when adrenaline rises, crowd movements can create illusions. A rapid rise does not guarantee solid consolidation. If the economic or political climate were to tighten, the market could quickly turn defensive, refocusing flows on Bitcoin and leaving other cryptos behind.

經驗豐富的投資者知道：當腎上腺素升高時，人群的運動可能會產生幻想。快速上升並不能保證穩定的鞏固。如果經濟或政治氣候要收緊，市場可能會迅速防禦，將比特幣的流動重新調整併拋棄其他加密貨幣。

Bitcoin is flirting with its all-time high, and the whole crypto market seems to be carried by a wind of optimism. But the signals remain mixed. Between rising altcoins and underlying tensions, the time calls less for celebration than for strategic vigilance.

比特幣以其有史以來的高度調情，整個加密貨幣市場似乎都是由於樂觀的風。但是信號仍然混雜。在上升的山寨幣和潛在的緊張局勢之間，時間要求慶祝的時間少於戰略警惕。