比特币（BTC）价格恢复为11万美元，Coinbase（Coin）和策略（MSTR）股票跃升2％

Crypto Stocks周二记录了适度的复苏，Coinbase（Coin），战略（MSTR）和Robinhood Markets（Hood）记录了近2％的篮板。

Key Insights

关键见解

* Crypto stocks saw a moderate recovery on Tuesday, with Coinbase (NASDAQ:COIN) and Strategy (NASDAQ:MSTR) rising nearly 2% as traders braced for PCE inflation data and monthly crypto options expiry on Friday.

*加密股票的股票在周二获得了适度的复苏，随着贸易商在周五的PCE通货膨胀数据和每月的加密货币期权期间，Coinbase（NASDAQ：COIN）和策略（NASDAQ：MSTR）上涨了近2％。

* Bitcoin (BTC) price also saw a decent rebound towards $110K from $108K.

*比特币（BTC）价格也使$ 108K的$ 110K回弹。

* Bitcoin mining shares also saw a bounce of nearly 3% in premarket trading hours on Tuesday.

*比特币矿业股票在周二的前交易小时内也有近3％的反弹。

Risky assets saw a rebound in the premarket trading hours on Tuesday as traders assessed PCE inflation data and chatted up Trump's plans to buy Bitcoin.

随着交易员评估PCE通货膨胀数据，风险的资产在周二的前市场交易小时内有反弹，并聊了特朗普购买比特币的计划。

Coinbase (NASDAQ:COIN) and Strategy (NASDAQ:MSTR) stock price rose nearly 3% in the premarket trading hours. Other crypto stocks such as Robinhood Markets (NASDAQ:HOOD) saw over a 2.50% jump.

Coinbase（NASDAQ：COIN）和策略（NASDAQ：MSTR）的股票价格在前交易小时内上涨了近3％。其他加密股票（例如Robinhood Markets（NASDAQ：HOOD））的增长超过2.50％。

Bitcoin (BTC) price also saw a decent rebound of 2% from $108K ahead of the much-anticipated Las Vegas Bitcoin Conference. The conference is scheduled from May 27-29, featuring speakers from the Trump Administration and the crypto industry.

比特币（BTC）的价格也从备受期待的拉斯维加斯比特币会议之前的$ 108,000中获得了2％的体面篮板。该会议定于5月27日至29日举行，由特朗普政府和加密货币行业的发言人举行。

Bitcoin Mining & Crypto Stocks Jump Nearly 2%

比特币矿业和加密股票股价近2％

The move comes as the Bitcoin price rebounded 2% from $108K ahead of the much-anticipated Las Vegas Bitcoin Conference. The conference is scheduled from May 27-29, featuring speakers from the Trump Administration and the crypto industry.

此举是因为比特币价格从备受期待的拉斯维加斯比特币会议提前108,000美元中反弹了2％。该会议定于5月27日至29日举行，由特朗普政府和加密货币行业的发言人举行。

suggest that the Trump family’s media company planned to raise $3 billion to buy Bitcoin and other cryptocurrencies. However, the company later denied plans to raise funds to buy any crypto.

建议特朗普家族的媒体公司计划筹集30亿美元购买比特币和其他加密货币。但是，该公司后来否认计划筹集资金购买任何加密货币。

Meanwhile,GameStop (NYSE:GME) stock price rose nearly 2% to $33.75 in the premarket trading hours. Notably, GameStop shares closed 18.98% higher at $33.03 last week, indicating higher anticipation from investors.

同时，GameStop（NYSE：GME）的股价在前交易时间内上涨了近2％，至33.75美元。值得注意的是，GameStop上周收于18.98％的收入，上周为33.03美元，这表明投资者的期望更高。

Can Bitcoin Hit New ATH During Bitcoin Conference?

比特币在比特币会议期间可以打新的ATH吗？

The uncertainty in crypto stocks and broader digital assets markets continues to remain high amid the tariff war. While Bitcoin (BTC) price made a new ATH of $111,970 last week, some in the crypto community are eyeing another ATH during the Las Vegas Bitcoin Conference.

在关税战争中，加密货币和更广泛的数字资产市场的不确定性仍然很高。尽管比特币（BTC）上周的价格为111,970美元，但加密货币社区中的一些人在拉斯维加斯比特币会议期间却盯着另一个ATH。

However, experts predict higher Bitcoin price volatility and short-term downside risk. According to QCP Capital, institutional demand for spot crypto ETFs helped Bitcoin rally last week. But, the implied volatility held firm, with BTC consolidating between the $107K and $110K range.

但是，专家预测比特币价格的波动性更高和短期下行风险。根据QCP Capital的数据，对现场加密ETF的机构需求上周帮助了比特币集会。但是，隐含的波动性坚定，BTC在$ 107K至11万美元之间的合并。

“Traders are positioning around headline risk ahead of the Bitcoin Conference in Las Vegas, scheduled for 27 to 29 May. Focus is already building around the event’s speaker line-up, which includes JD Vance, Michael Saylor, Donald Trump Jr., and Eric Trump,” explained QCP.

QCP解释说：“在拉斯维加斯举行的比特币会议之前，贸易商正处于标题风险，定于5月27日至29日。焦点已经在活动的发言人阵容中围绕，其中包括JD Vance，Michael Saylor，Donald Trump Jr.和Eric Trump。”

Last July’s Nashville Bitcoin Conference offers a useful insight when a keynote by Donald Trump resulted in a sharp spike in BTC price. Nonetheless, it was followed by a swift reversal and a nearly 30% decline in BTC within two days.

去年7月的纳什维尔比特币会议提供了有用的见解，当唐纳德·特朗普的主题演讲导致BTC价格急剧下降。尽管如此，随后是迅速的逆转，BTC在两天内下降了近30％。

While the probability of a similar drawdown appears low, traders remain cautious. Moreover, perpetuals’ open interest has declined, and funding rates have normalized. Also, some high-beta retail traders, including James Wynn, have scaled back exposure. QCP predicts a short-term downside in BTC price.

虽然类似缩水的概率似乎很低，但交易者仍然谨慎。此外，永久性的开放兴趣也有所下降，资金率已经归一化。此外，包括詹姆斯·永利（James Wynn）在内的一些高β零售商交易员已经缩减了曝光率。 QCP预测BTC价格的短期缺点。

“In our view, BTC is likely to remain range-bound in the near term. Once the event passes and key speeches conclude, front-end vols are expected to compress as risk premia fade.”

“我们认为，BTC可能会在短期内保持范围。一旦活动通过并结束了关键演讲，前端Vols预计将以风险延伸为风险淡出。”

Selloff Risks Are High Despite Bullishness

尽管看涨，但抛售风险很高

Bitcoin analyst Willy Woo said the broader picture for Bitcoin is bullish, and the risk signal is dropping. He predicts BTC price to $114K if buying continues. However, Woo warned about another profit and the bearish divergences on longer-range charts if capital inflows remain weaker.

比特币分析师威利·沃（Willy Woo）说，比特币的更广泛情况是看涨的，风险信号正在下降。他预测，如果购买持续，BTC的价格将达到114K美元。但是，Woo警告说，如果资本流入较弱，则Woo警告了另一种利润和看跌式差异。

Moreover, miners have increased their BTC selloff on crypto exchanges after the ATH. Notably, inflows have doubled from an average of 25 BTC to 50 BTC per day, while historical peaks reach around 100 BTC per day.

此外，矿工在ATH之后增加了对加密货币交易所的BTC抛售。值得注意的是，流入量从平均25 BTC增加了一倍，每天50 BTC，而历史峰值每天达到100 BTC。

This indicates a rise in sales despite being a long way from peak volumes, with the crypto market absorbing the extra supply comfortably. The odds for opening new Bitcoin shorts near the ATH are higher.

这表明销售额增加了，尽管距离峰值量很长，但加密货币市场舒适地吸收了额外的供应。在ATH附近打开新的比特币短裤的几率更高。