為什麼你能相信我們

嚴格的編輯政策，側重於準確性，相關性和公正性

The price of Bitcoin has shot up by more than double digits over the past week, putting in one of its best performances so far in 2025. After struggling to stay afloat at the $87,000 level for the past two months, the flagship cryptocurrency has finally returned above the $90,000 mark.

在過去的一周中，比特幣的價格上漲了兩位數的兩位數，在2025年迄今為止表現最好。

While it remains unclear whether the recent BTC price surge is a continuation signal for the bull cycle, the latest on-chain data suggests that the investor sentiment might be turning positive again, meaning that the Bitcoin bull run could truly be returning.

儘管尚不清楚最近的BTC價格上漲是否是公牛週期的延續信號，但最新的鍊鍊數據表明，投資者的情緒可能會再次變為正面，這意味著比特幣牛的運轉確實可以返回。

‘ETF Printer Goes Brrr’ – Crypto Analyst

'ETF打印機brrr' - 加密分析師

In an April 25 post on X, a crypto analyst with the pseudonym Maartunn shared an on-chain insight into the recent price rally experienced by the world’s largest cryptocurrency. According to the online pundit, the growing appetite of exchange-traded fund (ETF) investors in the past few days might have contributed to the Bitcoin bullish momentum.

在4月25日在X上的帖子中，Maartunn的一位加密分析師分析了Maartunn的鏈接洞察力，以了解世界上最大的加密貨幣最近經歷的價格集會。根據在線專家的說法，過去幾天，交易所交易基金（ETF）投資者的需求不斷增加，這可能促進了比特幣的看漲勢頭。

The relevant indicator here is the Coinbase Premium Gap, which tracks the difference between the Bitcoin price on US-based Coinbase Pro (USD pair) and global Binance exchange (USDT pair). When this difference is positive, it implies BTC is trading at a higher price on Coinbase than on Binance.

這裡的相關指標是Coinbase Premium Gap，它跟踪了總部位於美國的Coinbase Pro（USD Pair）和Global Binance Exchange（USDT對）的比特幣價格之間的差異。當這種差異為正時，它意味著BTC的交易價格要比二手股更高。

Typically, a positive Coinbase Premium Gap indicates that US-based investors are purchasing Bitcoin aggressively, especially through ETF issuers that use Coinbase as a liquidity provider. According to data from CryptoQuant, this metric’s 30-hour moving average has stayed positive for more than 265 straight hours (approximately 11 days).

通常，陽性的Coinbase Premium Gap表明，總部位於美國的投資者正在積極購買比特幣，尤其是通過使用Coinbase作為流動性提供商的ETF發行人。根據CryptoQuant的數據，該度量標準的30小時移動平均線連續265個小時（約11天）保持陽性。

Maartunn noted that this is the fifth-longest streak since the spot Bitcoin exchange-traded funds began trading in January 2024. Typically, a consistently positive Coinbase Premium Gap suggests that US institutional players and large investors are willing to pay above-market prices for Bitcoin – specifically through regulated channels like ETFs or custodial platforms.

Maartunn指出，這是自2024年1月的現貨比特幣交易所交易基金開始交易以來的第五個連勝紀錄。通常，通常，始終如一的積極的coinbase Premium Gap表明，美國的機構參與者和大型投資者願意為比特幣支付比特幣價格 - 特別是通過ETFS等監管渠道支付超過市場的價格，例如ETFS等人的市場。

This prolonged positive streak is historically correlated with positive price action and accumulation phases for the flagship cryptocurrency. Hence, the latest spike in the Coinbase Premium Gap could provide the adequate condition to sustain Bitcoin’s newly-found bullish momentum and perhaps catalyze the next significant breakout.

歷史上，這種長時間的積極連接與旗艦加密貨幣的積極價格行動和積累階段相關。因此，Coinbase Premium Gap中的最新峰值可能會提供足夠的條件，以維持比特幣新發現的看漲勢頭，並可能催化下一個重大的突破。

Bitcoin Price At A Glance

比特幣價格一目了然

The price of Bitcoin has climbed above $95,000 for the first time since February, reflecting a 2% increase in the past 24 hours. According to CoinGecko data, the premier cryptocurrency has surged by more than 13% in the past seven days.

自2月以來，比特幣的價格首次上漲了95,000美元，反映了過去24小時的2％。根據Coingecko數據，在過去的七天中，總理加密貨幣飆升了13％以上。