比特币，山寨币和财富转移：解码加密十字路口

比特币的价格停滞，Altcoin的历史弱点和财富转移动态。关于加密货币趋势的纽约风格博客。

Yo, crypto enthusiasts! The world of Bitcoin, Altcoins, and Wealth Transfer is a wild ride. Let's break down what's poppin' in the crypto streets right now.

哟，加密爱好者！比特币，替代币和财富转移的世界是一个疯狂的旅程。让我们分解现在的加密街道上的Poppin'。

Altcoin Apocalypse or Altseason Loading?

Altcoin Apocalypse还是Altseason加载？

The altcoin market's been getting its butt kicked by Bitcoin for two years straight. We're talking historic levels of weakness, the kind that historically precedes a major bounce back. According to Michael van de Poppe, only 8% of altcoins (excluding stablecoins) outperformed Bitcoin over a 90-day period. That's rough, even for crypto. But hey, sometimes you gotta hit rock bottom before you can moon, right?

Altcoin市场连续两年被比特币踢了屁股。我们正在谈论历史性的弱点，这种弱点历史上是重大反弹之前的。根据迈克尔·范·德·波普（Michael van de Poppe）的说法，在90天的时间内，只有8％的山寨币（不包括Stablecoins）优于比特币。这很粗糙，即使对于加密货币也很粗糙。但是，嘿，有时候您必须在月亮之前撞到岩石底部，对吗？

Too Many Tokens, Not Enough Benjamins

代币太多，本杰明素不够

Here's the deal: there's a metric ton of new tokens flooding the market. We're talking a 10x increase in the last three years! This oversaturation is splitting investor attention and sucking up all the liquidity. The old playbook of "Bitcoin pumps, then altcoins" is broken. All that wealth generated during Bitcoin rallies isn't flowing into altcoins like it used to. Too many meme coins and not enough substance, ya know?

这就是交易：有大量的新令牌淹没了市场。过去三年中，我们正在说10倍！这种过度饱和正在使投资者的注意力分散，并吸收了所有流动性。旧的“比特币泵，然后是Altcoins”的剧本被打破了。比特币集会期间产生的所有财富都不会像以前那样流入山寨币。模因硬币太多，没有足够的物质，您知道吗？

Bitcoin's $100K Blues: Long-Term Holders Cashing Out?

比特币的$ 10万美元蓝调：长期持有人兑现？

Bitcoin's been stuck in the mud, even with all the institutional FOMO. Charles Edwards from Capriole Investments says long-term holders (LTH) are dumping their bags on Wall Street since the spot ETF launch in January 2024. They're taking profits, plain and simple.

即使拥有所有机构FOMO，比特币也被困在泥泞中。 Capriole Investments的Charles Edwards表示，自2024年1月ETF推出以来，长期持有人（LTH）将其行李倒在华尔街上。他们正在获利，简单而简单。

Treasury Companies to the Rescue?

财政公司要营救？

But there's a twist! Edwards also predicted treasury companies buying Bitcoin would create a "flywheel" effect. And guess what? It's happening! More companies are hoarding Bitcoin, and these new buyers are gobbling up all the BTC the LTHs are selling. That's bullish, even if there's still some weakness in the on-chain data.

但是有一个转折！爱德华兹还预测，购买比特币的财政公司将产生“飞轮”效果。猜猜是什么？它正在发生！越来越多的公司正在ho积比特币，这些新买家正在吞噬LTHS销售的所有BTC。那是看好的，即使链上数据仍然存在一些弱点。

What's Hot in the Crypto Streets?

加密街道上有什么热？

CoinGecko says MORI COIN was the most searched crypto recently, followed by Toncoin and Notcoin. But in Türkiye, it's all about Sahara AI, Pudgy Penguins, Bitcoin, Ethereum, and Solana. Keep your eye on those trends!

Coingecko说，莫里硬币是最近搜索量最多的加密货币，其次是吨币和Notcoin。但是在türkiye，一切都与撒哈拉AI，矮胖的企鹅，比特币，以太坊和索拉纳有关。密切关注这些趋势！

The Bottom Line: What Does It All Mean?

最重要的是：这意味着什么？

We're at a crossroads. Altcoins are either about to explode, or they're gonna keep bleeding. Bitcoin's facing selling pressure, but new buyers are stepping up. The crypto market is oversaturated, but new narratives could emerge. It's a confusing but exciting time to be in the game.

我们在十字路口。 AltCoins要么要爆炸，要么他们会一直流血。比特币面临销售压力，但新买家正在加紧努力。加密市场过饱和，但新的叙述可能会出现。参加游戏是一个令人困惑但令人兴奋的时刻。

Personally, I think we'll see a rotation back into quality altcoins eventually. The market always finds a way to reward innovation and value. But you gotta do your homework, avoid the hype, and stick to projects with real potential.

就我个人而言，我认为我们最终会看到回到优质的Altcoins。市场总是找到一种奖励创新和价值的方法。但是，您必须做功课，避免炒作，并坚持具有真正潜力的项目。

So, there you have it, folks! The Bitcoin, Altcoin, and Wealth Transfer scene is a rollercoaster. Buckle up, stay informed, and remember: DYOR (Do Your Own Research)! And hey, even if things get crazy, at least we're all in this together, right? Peace out!

所以，你有，伙计们！比特币，替代币和财富转移现场是过山车。系好，保持知情并记住：染料（做自己的研究）！嘿，即使事情变得疯狂，至少我们在一起，对吗？和平！