比特币（BTC）的表现明显优于黄金（XAU）

比特币与金值比率的看法得到了看法，该发展量衡量了BTC的价格与Gold的每盎司价格的价格，并缓解了美国 - 中国贸易张力。

Bitcoin (BTC) has significantly outperformed gold (XAU) over the past two weeks, and the bullish trend could intensify further, technical analysis suggests.

技术分析表明，在过去的两周中，比特币（BTC）在过去的两周中表现明显优于黄金（XAU），看涨趋势可以进一步加剧。

This outlook is supported by bullish developments in the bitcoin-to-gold ratio, which measures BTC’s USD price against gold’s USD price per ounce, and easing U.S.-China trade tensions.

该前景得到了比特币与金值比率的看涨发展，该发展量衡量了BTC的价格与Gold的每盎司价格的价格，并缓解了美国 - 中国贸易紧张局势。

The ratio broke out of an inverse head-and-shoulders pattern, a classic bottoming formation characterized by a large trough flanked by two smaller ones, with a trendline connecting the recoveries between troughs. The breakout indicates bearish-to-bullish trend change, signaling further bitcoin outperformance.

该比例从逆向头和肩膀的图案中脱出，这是一个经典的底层构造，其特征是大槽侧面是两个较小的槽，趋势线连接了槽之间的回收率。突破表明看跌对潮流的趋势变化，标志着比特币的表现要超过表现。

Last week, the ratio topped the trendline, and technical analysis suggests it could rise to at least 35.00 from the current 32.00. This target is derived by adding the spread between the largest trough and the trendline to the breakout point, signaling a potential move higher for Bitcoin relative to gold.

上周，该比率超过了趋势线，技术分析表明，从当前的32.00起，它可能至少增加到35.00。该目标是通过将最大的谷和趋势线之间的扩散添加到突破点来得出的，这表明比特币相对于黄金的潜在移动。

The bullish technical set-up is consistent with past data that shows BTC tends to catchup with gold rallies.

看涨的技术设置与过去的数据一致，该数据表明BTC倾向于随着金色集会而吸引。

Gold's meteoric rally peaked above $3,500 on April 22, and since then, the safe haven yellow metal has pulled back over 8% to $3,211, according to TradingView data. During the same time frame, BTC's price has risen by nearly 19% to $104,000.

根据TradingView数据，Gold的众多集会在4月22日高于3,500美元以上，从那时起，Safe Haven Yellow Metal已将超过8％至3,211美元降到了3,211美元。在同一时间范围内，BTC的价格上涨了近19％，达到104,000美元。

With the U.S. and China easing trade tensions early Monday, gold could lose further ground while renewed risk-on sentiment powers BTC to fresh highs.

周一早些时候，随着美国和中国的缓解贸易紧张局势，黄金可能会失去进一步的立场，而将风险的情感力量重新升至新鲜的高点。

The two nations agreed to lower tariffs on goods manufactured in both countries, according to a joint statement released in Geneva. China has proposed to reduce tariffs on U.S goods to 10% from 125% for 90 days. Meanwhile, the U.S. has proposed cutting tariffs on Chinese goods to 30% from 145%.

根据日内瓦发表的联合声明，两国同意降低对两国生产的商品的关税。中国提议将美国商品的关税从90天的125％降低到10％。同时，美国提议将中国商品的关税从145％削减至30％。

"The tariff reduction could see a broader return to risk-on positioning, with crypto and equities both likely to benefit from renewed investor confidence and global capital flows," Mena Theodorou, co-founder of crypto exchange Coinstash, told CoinDesk in an email.

Crypto Exchange Coinstash的联合创始人Mena Theodorou在一封电子邮件中对Coindesk表示：“降低关税可能会看到更广泛的风险定位，加密货币和股票都可能受益于新的投资者信心和全球资本流程。”

"The rally comes as the macro backdrop takes a positive turn: in a landmark move, the U.S. has struck trade deals with both China and the U.K, while Putin and Zelensky are set to meet on Thursday to discuss a potential ceasefire. These developments have lifted risk sentiment globally, crypto included," Theodorou added.

“随着宏观背景的积极转变：在具有里程碑意义的举动时，美国与中国和英国达成了贸易交易，而普京和泽伦斯基将在周四开会，讨论潜在的停火。这些发展在全球范围内取得了消除，包括加密货币，包括Crypto。” Theodorou补充说。