比特币（BTC）在周四继续集会，在100,00美元以上的历史最高水平上

在过去24小时内增长了大约2％的收益后，比特币（BTC）在为期一周的集会之后，比特币（BTC）的交易超过100,00美元。

Bitcoin continued its rally on Thursday, reaching another all-time high above $111,000, while the broader cryptocurrency experienced modest gains.

比特币在周四继续举行集会，在111,000美元以上的历史最高点上又达到了一个历史最高水平，而更广泛的加密货币经历了适度的收益。

The world’s largest cryptocurrency is now trading above the $111,000 mark following a roughly 2% gain in the past 24 hours, according to Benzinga Pro. The latest surge has pushed its market capitalization past $2.2 trillion, according to CoinGecko.

根据Benzinga Pro的数据，在过去24小时内增长约2％之后，世界上最大的加密货币现在的交易高于111,000美元。根据Coingecko的说法，最新的激增将其市值推向了2.2万亿美元。

After a week-long rally, Bitcoin hit a new ATH of $111,273 at around 02:50 ET on Thursday. It fell slightly to trade at $110,800 at the last check.

经过一周的集会后，比特币在周四的02:50左右击中了111,273美元的新ATH。上一张支票的交易略低于$ 110,800。

Meanwhile, Ethereum (ETH) increased 7% to $2,660, while XRP climbed 3% to $2.43. Solana (SOL) rose by 7% to $179.

同时，以太坊（ETH）增长了7％至2,660美元，而XRP攀升了3％至2.43美元。 Solana（Sol）上涨了7％，至179美元。

The total cryptocurrency market capitalization increased by 2.5% on the day to $3.64 trillion. In the same timeframe, leveraged liquidations totaled $432 million, according to CoinGlass. BTC accounted for approximately $165 million, followed by ETH with around $117 million.

当天的加密货币市值增加了2.5％，达到3.64万亿美元。根据Coinglass的数据，在同一时间范围内，杠杆清算总计4.32亿美元。 BTC占约1.65亿美元，其次是ETH，约1.17亿美元。

On May 21, spot Bitcoin exchange-traded funds (ETFs) attracted approximately $609 million in inflows, while Ethereum ETFs recorded $587,000, according to SoSoValue data.

根据Sosovalue数据，5月21日，现货比特币交易所交易基金（ETF）吸引了大约6.09亿美元的流入，而以太坊ETF则记录了587,000美元。

Bitcoin Season

比特币季节

Paul Howard, chief crypto market analyst at Wincent, attributed BTC’s latest rally to multiple factors and believes that more gains are likely in the coming months.

Wincent的首席加密市场分析师Paul Howard将BTC的最新集会归因于多种因素，并认为在未来几个月中可能会有更多的收益。

“There is a combination of factors at play that has helped push BTC to new highs, and a further move above $111,000 is inevitable,” Howard said. “Part of this is due to a much friendlier U.S. regulatory environment than we've seen in the past.”

霍华德说：“有多种因素在起作用，这有助于将BTC推向新的高点，而进一步的行动超过了111,000美元，这是不可避免的。” “部分原因是美国的监管环境比我们过去所看到的要友好得多。”

He also pointed to improved macroeconomic sentiment over the past three months, along with broader structural changes in the crypto space – particularly in how institutions can now engage with products like ETFs, tokenization, real-world assets (RWAs), stablecoins, and spot and derivatives markets.

他还指出，在过去三个月中，加密空间的结构变化更大，尤其是机构现在如何与ETF，代币化，代币化，现实世界中的资产（RWAS），Stablecoins，Stablecoins，以及现场和衍生品市场互动的方式。

“All these and the recent flood of M&A activity with IPO listings have set up for what Wincent already described on record as a new ‘Buy in May and go away’ theme for Bitcoin,” Howard said.

霍华德说：“所有这些以及最近在IPO列表中进行的并购活动的洪水已经建立了记录在5月份的新“买入并离开比特币”主题的新主题。”

Some Urge Caution

有人敦促谨慎

However, Dr. Kirill Kretov, CEO of CoinPanel, cautioned that the recent move might be a false breakout rather than a sustainable rally.

但是，Coinpanel首席执行官Kirill Kretov博士警告说，最近的举动可能是错误的突破，而不是可持续的集会。

“Yes, Bitcoin has just broken above $111,000, but we should be cautious. This might be a trap. Structurally, the market has no real resistance because liquidity has been drained from exchanges since late 2024, making it easier to move prices with relatively little capital. We saw a similar setup in 2021 before the last major bull run.”

“是的，比特币刚刚超过$ 111,000，但我们应该谨慎。这可能是一个陷阱。从结构上讲，市场没有真正的抵抗力，因为自2024年底以来，从交流中耗尽了流动性，使价格相对较少的资本变得更容易，我们在最后一头大公牛跑之前就看到了类似的设置。”

Kretov argued that while the price surge looks impressive, it lacks the fundamental support of strong market participation.

克雷托夫（Kretov）认为，尽管价格涨幅看起来令人印象深刻，但它缺乏强大市场参与的基本支持。

“To really send the market ‘to the sky,’ it needs fuel, and that fuel isn’t coming from institutional players right now, because they’re largely hedged. Retail is mostly absent, and those still in the market are looking for exit points. What this rally invites is a fresh wave of overleveraged speculators chasing highs and opening unhedged long positions.”

“要真正将市场送到天空'，它需要燃料，而现在的燃料并非来自机构参与者，因为它们在很大程度上是对冲的。零售店大多不存在，而仍然在市场上的人正在寻找出口点。这次集会邀请是一波新鲜的投机者，高高的投机者，悬而未决的长位置。”