BTC的平靜在混亂中沒有氟

儘管宏觀經濟的波紋在全球市場中迴盪，但長期債券的收益率一直在穩步上升，這引起了投資者的進一步焦慮。

Macroeconomic ripples continue to reverberate through global markets, and as investors grow increasingly anxious, Long-dated bond yields have been steadily climbing.

宏觀經濟的波紋繼續在全球市場中迴盪，隨著投資者的越來越焦慮，長期債券的收益率一直在穩步攀升。

However, as U.S. Treasuries fall out of favor amid ballooning yields and mounting debt obligations, bitcoin’s (BTC) impartial nature and fluid convertibility are positioning it as a compelling counterweight. At least, that’s the view shared by Tracy Jin, COO of the crypto exchange MEXC.

但是，隨著美國國庫在激烈的收益率和債務債務債務的延長義務中失利，比特幣（BTC）的公正性質和流體可轉換性將其定位為引人注目的配重。至少，這就是加密交易所MEXC的首席運營官Tracy Jin的觀點。

As the price of bitcoin hovers within a narrow band and trades sideways, it follows a rebound from the weekend’s low, which saw the cryptocurrency slip below the crucial $106,000 support level.

隨著比特幣的價格徘徊在狹窄的樂隊中，側面交易，隨著周末低點的反彈，加密貨幣滑移至關重要的106,000美元支持水平。

Over the past four hours, BTC has encountered resistance at the upper band of its immediate trading range, currently set at $109,160, and has encountered support at the lower band, which is trading at $110,461.

在過去的四個小時中，BTC在其即時交易範圍的上部帶有阻力，目前定為109,160美元，並在下部樂隊遇到了支持，該樂隊的交易價格為110,461美元。

BTC Price Chart 4 Hour (Bitstamp)

BTC價格圖4小時（BITSTAMP）

Bitcoin’s price is predicted to potentially increase, however, it could also face downward pressure depending on macroeconomic factors. If corporate finance and institutional momentum persist, bitcoin is expected to break the $109,500 and $111,000-$112,000 resistance range in the coming weeks and head towards the $140,000 range towards the end of summer.

預計比特幣的價格可能會上漲，但是，根據宏觀經濟因素，它也可能面對向下壓力。如果公司融資和機構勢頭持續存在，則預計比特幣將在未來幾週內打破109,500美元和111,000美元至112,000美元的阻力範圍，並在夏季結束時達到140,000美元的範圍。

Conversely, if the macroeconomic situation affects corporate demand, BTC might retest the support around $106,000-$107,000, and a breakdown will send BTC toward the major support zone at $100,000 and potentially further down toward $94,000. Bitcoin is yet to show any sign of overheating, and the bullish structure remains intact until a break below $94,000.

相反，如果宏觀經濟狀況會影響企業需求，BTC可能會重新測試$ 106,000- $ 107,000的支持，而細分將使BTC以100,000美元的價格將BTC送往主要支持區，並可能進一步下降到94,000美元。比特幣尚未顯示出任何過熱的跡象，而看漲的結構保持完整，直到休息至94,000美元以下。

BTC Price Chart 1 Week (Bitstamp)

BTC價格圖1週（BITSTAMP）

“The sharp pivot by many corporations integrating BTC into their long-term investment strategies is fundamentally reshaping bitcoin’s market dynamics. What was once a retail-driven market and highly cyclical asset has become a cornerstone in institutional finance. This investor behaviour dynamics highlights that most institutions are less focused on short-term market volatility and have eyes on bitcoin’s potential asymmetric upside and long-term value proposition.”

“許多公司將BTC整合到他們的長期投資策略中的尖銳樞紐從根本上重塑了比特幣的市場動態。曾經是零售驅動的市場和高度週期性的資產已成為機構融資的基石。這一投資者行為的動態強調了大多數機構在短期市場上的質量越來越多，而不是長期的比特庫恩，而不是比特庫恩的範圍。

The current momentum is driven by structured capital inflow and corporate positioning, with institutions building strategies around bitcoin.

當前的勢頭是由結構化資本流入和公司定位驅動的，機構圍繞比特幣制定了策略。

At the same time, traditional finance (TradFi) finds itself engulfed in a haze of uncertainty. Equities have been sliding, while yields on U.S. Treasuries-and bonds across global markets-have been climbing at a brisk clip.

同時，傳統金融（Tradfi）發現自己陷入了不確定性的陰霾中。股票一直在滑行，而全球市場的美國國庫和債券的收益率很高，這是一個輕快的剪輯。

“Importantly, this is not a flight from risk — it’s a flight from the old model of risk. Bond yields in the U.S. and Japan are surging, sovereign debt burdens are flashing red, and even the last remaining AAA credit badge is gone. For decades, Treasurys were the safe haven during turbulent times. Today, capital is running from them. Japanese institutions are rethinking their exposure to U.S. bonds, while American investors are watching political tensions creep into Fed policy decisions.”

“重要的是，這不是從風險中飛行的飛行，而是從舊的風險模式中飛行。債券收益率正在飆升，主權債務負擔在紅色閃爍，甚至最後剩下的AAA信用徽章也消失了。幾十年來，美國財政部在動蕩的時期一直是避風港。美聯儲政策決定。”

In contrast, crypto — and particularly bitcoin — remains neutral, transparent, and increasingly liquid. That neutrality is fast becoming its most valuable asset.

相反，加密貨幣，尤其是比特幣 - 保持中性，透明且越來越流動。這種中立正在迅速成為其最有價值的資產。