比特币（BTC）的价格持有超过$ 100,000，这是由“风险 - on”情绪驱动的，CBOE波动指数（VIX）下降到20美元。

比特币公牛分数指数飙升至80，而恐惧和贪婪指数表明乐观情绪越来越乐观，历史模式表明潜在的价格上涨。

Bitcoin (BTC) price continues to consolidate higher above $100,000 following a drop in the CBOE Volatility Index (VIX) to its 30-year average of 20.

比特币（BTC）的价格在CBOE波动率指数（VIX）下降到其30年的平均20年后，比特币（BTC）的价格继续巩固高于100,000美元。

This compares to a peak of 60 earlier in 2025.

相比之下，2025年前早些时候的峰值为60。

The decline in VIX follows a US-China trade deal on May 12, which saw a 90-day tariff pause and a 115% reduction in both countries.

VIX的下降是在5月12日的美国 - 中国贸易协议之后，两国的关税停顿了90天，降低了115％。

This agreement has led to a “risk-on” sentiment, boosting Bitcoin and equities as investors prefer higher-risk assets, according to Bitcoin network economist Timothy Peterson. The analyst said,

比特币网络经济学家蒂莫西·彼得森（Timothy Peterson）表示，该协议导致了“风险”情绪，增加了比特币和股票，因为投资者更喜欢高风险的资产。分析师说，

“The good news continues to roll in with the CBOE Volatility Index (VIX) dropping to 20, which is about the 30-year average for VIX, last seen in early 2021. As VIX dropped below 25, my model Accuracy increased to 95% in predicting the direction of Bitcoin at the 100-day time horizon. VIX closed today at 19.38. My model predicts Up at this VIX level for the 100-day time horizon, which is a new model Accuracy high since Accuracy bottomed in early 2024 at 33%. At this VIX level, my model predicts that Bitcoin will continue trending up at the 100-day time horizon, continuing the recent pattern of VIX below 25 predicting further advances in Bitcoin.”

“好消息继续随着CBOE波动率指数（VIX）的降至20，大约是VIX的30年平均值，最后一次出现在2021年初。随着VIX降至25次以下，我的模型准确度下降到95％，在预测100天的比特币方向时，我的模型在19.38的范围中都可以预测100级。由于精度在2024年初以33％的速度触底，因此我的模型预测，比特币将继续在100天的时间范围内呈上升趋势，延续了低于25的VIX的最新模式。

The US Consumer Price Index (CPI) inflation rate dropped to 2.3% year-over-year in April 2025, the lowest since February 2021, down from 2.4% in March and below consensus forecasts of 2.4%. This marks the third consecutive month of slowing CPI inflation.

美国消费者价格指数（CPI）通货膨胀率在2025年4月同比同比下降，这是2021年2月以来最低的，低于3月的2.4％，低于共识预测为2.4％。这标志着CPI通货膨胀率连续第三个月。

This softer-than-expected CPI reading signals easing inflationary pressure, potentially increasing the likelihood of Federal Reserve interest rate cuts in 2025, assuming other economic indicators align.

假设其他经济指标与其他经济指标保持一致，那么这种比预期的CPI阅读信号降低了通货膨胀压力，可能会增加降低美联储降低利率的可能性。

With respect to the current macroeconomic dynamics—lower volatility, cooling inflation, and a trade war truce- it creates favorable market conditions for Bitcoin.

关于当前的宏观经济动态（较低的波动，冷却通货膨胀和贸易战役），它为比特币创造了有利的市场条件。

Earlier this month, Peterson noted that BTC could reach $135,000 within 100 days, citing a drop in the CBOE Volatility Index (VIX) from 55 to 25, signaling a “risk-on” environment. With 95% accuracy, his model links low VIX levels to increased investor confidence in riskier assets like Bitcoin.

彼得森（Peterson）本月早些时候指出，BTC在100天内可以达到135,000美元，理由是CBOE波动率指数（VIX）从55降至25，这表明“风险启用”环境。他的模型凭借95％的精度，将低VIX水平联系起来，以提高投资者对比特币等风险较高的资产的信心。

Bitcoin bull score index surges to yearly high

比特币公牛得分指数飙升至每年高

After posting one of its least bullish phases in two years during April, Bitcoin sentiment flipped drastically to its highest reading in 2025. Data from CryptoQuant indicated a dramatic rise in the Bitcoin Bull Score Index, soaring from 20 to 80.

在四月份的两年内发布了最小看涨的阶段之一之后，比特币情绪在2025年急剧上升至最高读数。加密素养的数据表明，比特币牛公牛得分指数的急剧上升，从20到80飙升至80。

This shift, driven by rising spot demand outpacing supply, reflects patterns observed after the April 2024 halving, suggesting Bitcoin could be poised for further gains.

这一转变是由于现场需求上升的供应供应量的上升，反映了2024年4月减半后观察到的模式，这表明比特币可以得到进一步的收益。

The Bitcoin Bull Score Index is a metric that combines several indicators to gauge the relative bullishness or bearishness of the market.

比特币公牛分数指数是一个指标，结合了几个指标，以评估市场的相对看涨或看跌。

It takes into account factors such as price momentum, technical indicators, and on-chain metrics to provide a comprehensive view of the prevailing sentiment and trends.

它考虑了价格势头，技术指标和链界指标等因素，以全面地看待现行情感和趋势。

The Fear & Greed Index also suggests growing optimism, currently at 53.3% and heating up slowly, according to Bitcoin researcher Axel Adler Jr.

比特币研究人员Axel Adler Jr表示，恐惧和贪婪指数还表明，目前为53.3％的乐观情绪，目前为53.3％，加热缓慢。

The analyst discussed the possibility of a market “upswing,” expressing hope for a successful test and surpassing Bitcoin’s all-time high near $110,000.

分析师讨论了市场“上升”的可能性，这对成功的测试表达了希望，并超过了比特币的历史高处接近110,000美元。

However, he noted that the index remains in the "neutral" zone and has not yet reached the "overloaded" zone above 80%.

但是，他指出，该指数保留在“中性”区域，尚未达到80％以上的“超载”区域。