当机构巨头进入竞技场时，比特币（BTC）飙升了$ 90,00

比特币（BTC）将其位置保持在90,000美元的水平以上，这是在最近的大量激增之后巩固。加密货币的价格强度

Bitcoin (BTC) is trading above the $93,000 level as of Monday, consolidating after a significant recent surge. The cryptocurrency’s price strength is being driven by a dramatic increase in institutional inflows into U.S. spot ETFs and the emergence of a new corporate player aiming to rival Strategy in the Bitcoin treasury space.

截至周一，比特币（BTC）的交易高于93,000美元的水平，在最近的激增后，比特币（BTC）汇总了。加密货币的价格强度是由机构流入美国ETF的急剧增长以及旨在与比特币财政部空间中竞争战略相抗衡的新公司参与者的出现的驱动的。

Founded Strike CEO Jack Mallers has unveiled Twenty One Capital, a new Bitcoin Treasury company backed by industry giants including Tether, SoftBank, and Cantor Fitzgerald. Positioned as the third-largest corporate Bitcoin holder following MicroStrategy and MARA Holdings, the ambitious venture will debut with 42,000 Bitcoin (approx. $3.9 billion).

创立的罢工首席执行官杰克·马拉斯（Jack Mallers）揭开了二十一首资本，这是一家新的比特币财政部公司，由系币，软银和坎托·菲茨杰拉德（Cantor Fitzgerald）等行业巨头支持。这家雄心勃勃的合资企业被定位为Microstrategy和Mara Holdings之后的第三大公司比特币持有者，将以42,000比特币（约39亿美元）的速度首次亮相。

Specifically aiming to displace Michael Saylor’s MicroStrategy as “the superior vehicle for investors seeking capital-efficient Bitcoin exposure,” the company will finalize agreements for $525 million in convertible bonds and equity financing. Afterward, Twenty One Capital plans to go public via a blank-check merger with Cantor Equity Partners, trading as XXI on Nasdaq.

该公司将特别旨在使迈克尔·塞勒（Michael Saylor）的微观流放措施成为“寻求资本效率比特币敞口的投资者的优越工具”，该公司将以5.25亿美元的可兑换债券和股权融资来完成协议。之后，二十一条资本计划通过与Cantor Equity Partners进行空白的合并合并，在纳斯达克股票上作为XXI进行交易。

“Our goal is simple: we want to be the most profitable company in Bitcoin, the most worthwhile financial prospect available right now. We are not here to beat the market, we are here to create a new one,” said Mallers, highlighting the initiative as “a public stock, built by Bitcoiners, for Bitcoiners.”

“我们的目标很简单：我们希望成为比特币中最有利可图的公司，这是目前最有价值的财务前景。我们不是在这里击败市场，我们在这里创造一个新的，”马洛尔说，马车指出了该计划，强调了“由比特币建造的公共股票，用于比特币，为比特币制造。”

U.S. spot institutional funding With inflows of $912 million in a single day—more than 500 times the daily average for 2025— Bitcoin ETFs underwent a dramatic turn-around on April 22. Data from Glassnode shows this to be “the largest daily inflow since November 11, 2024, marking a notable resurgence in demand.”

美国现货机构资金在一天内的流入量为9.12亿美元，是2025年平均每日平均的500倍以上 - 比特币ETF在4月22日进行了巨大的转折。玻璃节的数据显示，这是“自2024年11月11日以来的每日流入，标志着著名的需求。”。

“The spot bitcoin ETFs went Pac-Man mode yesterday,” said Bloomberg ETF analyst Eric Balchunas, noting that most of the eleven ETFs saw inflows spread rather than concentrated in BlackRock’s iShares Bitcoin Trust (IBIT).

彭博ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）说：“昨天的现场比特币ETF昨天进行了PAC-Man模式。

Bitcoin ETFs “have become ‘the marginal buyer’ in Bitcoin since January 2024,” European head of research at asset management company Bitwise noted, and may “actually determine whether you see negative or positive net buying volumes on BTC spot exchanges.”

资产管理公司的欧洲研究负责人指出，比特币ETF“自2024年1月以来已成为比特币的'边际买家'”，可能会“实际上可以确定您在BTC现货交易所中是否看到了负面或正面的净购买量”。

Most short-term holders (STHs) are now in profit as Bitcoin’s BTC/USD climb above $91,700 on Monday morning raised its value above the cost basis or short-term realized price.

现在，由于比特币的BTC/USD攀升至91,700美元以上，大多数短期持有人（STH）现在都处于利润中，其价值高于成本基础或短期实现的价格。

Historically, this is a positive development since STHs in profit usually hold their positions and draw fresh investors, so generating increasing momentum.

从历史上看，这是一个积极的发展，因为STH的利润通常会保持自己的地位并吸引新的投资者，从而产生不断提高的势头。

First-time buyers in April show “strong activity” according on-chain statistics, suggesting fresh cash joining the market at more price points. While Bitcoin whales and sharks have taken 60% of the annual issuing, long-term holders have raised their allotment by 363,000 BTC since February.

四月份的首次购房者显示，“强大的活动”表示，链上统计数据表明，新的现金以更多的价格加入了市场。虽然比特币鲸和鲨鱼已经占据了年度发行的60％，但自2月以来，长期持有人的分配增加了363,000 BTC。

Technical analysis indicates one last resistance level remains at roughly $96,100 despite the positive trend. “At the $96K level, there will be the final resistance from the cohort holding coins for 3-6 months, then the next target of $100K opens up,” claims Bitcoin researcher Axel Adler Jr.

技术分析表明，尽管有积极的趋势，但最后一个阻力水平仍为96,100美元。比特币研究人员Axel Adler Jr.声称：“在96,000美元的水平上，将有3-6个月的同伙持有硬币的最终抵抗力，然后是下一个10万美元的目标。”

Based on on-chain statistics, investors have over 392,000 BTC at an average cost basis of $97,000, hence generating a possible resistance zone whereby many could sell at break-even. Before a possible climb toward the psychologically important $100,000 threshold, this emphasis could momentarily slow down Bitcoin’s upward speed.

根据链上的统计，投资者的平均成本为97,000美元，有超过392,000 BTC，因此产生了一个可能的阻力区，许多人可以在Breake-ever-ever-ever-exter上出售。在朝着心理上重要的100,000美元阈值攀升之前，这种重点可能会暂时放慢比特币的向上速度。

Identifying three price targets—$131,500, $144,900, and $ 166,700—suggesting ongoing higher movement after overcoming present resistance levels—Anonymous trader Ezy Bitcoin highlighted Bitcoin’s price behavior in the Wyckoff reaccumulation phase for long-term investors.

确定三个目标目标（131,500美元，144,900美元和166,700美元）在克服了当前的阻力水平后正在进行的更高运动 - 匿名交易者Ezy比特币突出了比特币在WYCKOFF重新汇总阶段的比特币的价格行为。

As sovereign wealth funds and organizations continue collecting Bitcoin as a hedge against currency inflation and macroeconomic uncertainty, the cryptocurrency’s road to new all-time highs appears increasingly likely, with the $100,000 milestone now within striking reach.

随着主权财富基金和组织继续收集比特币，作为抵抗货币通货膨胀和宏观经济不确定性的对冲，加密货币通往新的历史最高高点的道路似乎越来越有可能，目前这是100,000美元的里程碑。