中國的M2貨幣供應量達到326萬億美元的歷史最高點，可以將比特幣價格提高到9萬美元

在特朗普連鎖戰爭中，中國的貨幣供應剛剛達到了創紀錄的326萬億美元。

In the midst of Trump Chain tariff war, China’s money supply has just hit a record high of $326 trillion. This is the highest it has ever been, and it’s a huge increase from last year.

在特朗普連鎖戰爭中，中國的貨幣供應剛剛達到了創紀錄的326萬億美元。這是有史以來最高的，而且比去年有很大的增長。

Money M2 is a measure of a country’s total money supply. It includes cash, savings, and easily accessible deposits. When M2 rises, it usually means the government is pumping more liquidity into the system, which can make borrowing easier and spending or investing more active.

Money M2是一個國家總貨幣供應的量度。它包括現金，儲蓄和易於獲得的存款。當M2升起時，通常意味著政府將更多的流動性抽到系統中，這可能會使借貸更容易，支出或投資更加活躍。

This time, new data from China showed that the country’s M2 money supply reached an all-time high in April.

這次，來自中國的新數據表明，該國的M2貨幣供應在四月份達到了歷史最高水平。

According to the People’s Bank of China (PBOC) data, China’s M2 money supply in April rose by 12.7% year-on-year to $326 trillion, exceeding expectations of 11.9% and March’s reading of 11.3%. This was the highest reading since January 2023.

根據中國人民銀行（PBOC）的數據，中國4月份的M2貨幣供應同比增長12.7％，至326萬億美元，超過了11.9％的預期，而3月份的閱讀量為11.3％。這是自2023年1月以來的最高閱讀。

The reading also showed that China’s outstanding yuan loans to the private sector unexpectedly fell by 0.9% month-on-month in April. Economists had anticipated a rise of 0.5% compared to March’s reading of 0.4%.

讀物還表明，中國向私營部門的未償貸款意外下降了0.9％的月份。與3月份的0.4％的閱讀相比，經濟學家預計將增長0.5％。

Experts Explain How Liquidity Could Affect Bitcoin Price

專家說明流動性如何影響比特幣價格

According to Brickken analyst Enmanuel Cardozo D’Armas, if China’s M2 money supply continues to grow, Bitcoin might soon test the $90,000 mark. As of now, Bitcoin is trading around $85,000, reflecting a rise of 0.5% in the last 24 hours.

根據Brickken分析師Enmanuel Cardozo D'Armas的說法，如果中國的M2貨幣供應量繼續增長，則比特幣可能很快測試了90,000美元。截至目前，比特幣的交易額約為85,000美元，反映了過去24小時內增長0.5％。

suggesting that, “ China money printers are back on. Risk assets are about to go parabolic.”

暗示“中國貨幣打印機又回來了。風險資產即將拋棄。”

In simpler words, when there’s more money in the system, prices of riskier investments like crypto might start shooting up.

用更簡單的話來說，當系統中有更多的錢時，像加密貨幣這樣的風險投資價格可能會開始射擊。

According to Aksel Kibar, a market expert and Chartered Market Technician (CMT), it’s very important for Bitcoin to stay above its year-long average price to keep its upward trend strong.

據市場專家兼特許市場技術人員（CMT）Aksel Kibar稱，比特幣要保持超過其長達一年的平均價格以保持其上升趨勢的穩定非常重要。

He explained that if Bitcoin drops below this average, it could indicate a stronger bearish bias. But if it manages to stay above it and manages to break through the $90,000 level, then the price could start moving toward the next big goal, which is $100k.

他解釋說，如果比特幣降至平均水平以下，則可能表明更強的看跌偏見。但是，如果它設法保持在它之上並設法突破了90,000美元的水平，那麼價格可能會開始朝著下一個大目標邁進，即$ 10萬美元。

However, despite the promising outlook, analysts highlight that there are still several uncertainties that could affect the crypto market.

但是，儘管有前途的前景，但分析師強調說，仍然存在一些可能影響加密市場的不確定性。

suggest that a possible interest rate cut in the U.S. during May or June could help push crypto higher.

表明在5月或6月，美國可能降低的利率可能有助於提高加密貨幣。

But on the other hand, negative factors such as stricter regulations or rising trade tensions could hold things back.

但另一方面，諸如更嚴格的法規或貿易緊張局勢越來越大的負面因素可能會阻礙事情。

Moreover, the upcoming end of Trump’s 90-day tariff pause will likely bring massive volatility to the market.

此外，特朗普為期90天的關稅停頓的盡頭可能會給市場帶來巨大的波動。