5月22日，比特币（BTC）升至新鲜的111,970美元

比特币本周的价格快速行动，攀升至111,970美元，然后面对地缘政治紧张局势的抵抗。

Bitcoin (BTC) faced a turbulent week as it hit a fresh all-time high (ATH) but then faced selling pressure linked to new US tariff threats. Despite a sharp drop from the peak above $111,970 to below $107,000, signs of Bitcoin accumulation activity continued without interruption across the market.

比特币（BTC）面对一个动荡的一周，因为它达到了新鲜的历史最高水平（ATH），但随后面临与新美国关税威胁有关的销售压力。尽管从高于111,970美元以上的峰值下降到低于$ 107,000的峰值，但比特币积累活动的迹象持续了，没有整个市场的中断。

Bitcoin Hits $111K Peak Before US Tariff Threat

比特币在美国关税威胁面前达到111k美元的高峰

This week saw rapid price action in Bitcoin, leading it to $111,970 before it encountered resistance from macroeconomic events.

本周，比特币的价格快速行动，在遇到宏观经济事件的抵抗之前，它导致了111,970美元。

On May 23, US President Donald Trump threatened the European Union with 50% tariffs on all imports, a move that sparked a sharp reaction in the crypto market, pushing Bitcoin’s price down to $107,000.

5月23日，美国总统唐纳德·特朗普（Donald Trump）威胁欧盟对所有进口的关税50％，此举在加密货币市场中引发了巨大的反应，将比特币的价格降至107,000美元。

However, this pullback saw BTC remain above critical support levels, highlighting strong demand during the downturn. Both small and large buyers continued to add Bitcoin to their holdings despite the macroeconomic pressure.

但是，这种回调使BTC保持在关键的支持水平上，这突出了衰退期间的强劲需求。尽管宏观经济压力，小型买家和大型买家都继续为其持股增加比特币。

The current Bitcoin price is trading around $107,700, still only 4% down from its weekly high.

当前的比特币价格的交易价格约为107,700美元，仍然比每周高点下降了4％。

The dip did not reverse the broader trend of Bitcoin accumulation, signaled by activity on major exchanges and on-chain data showing a continuation of steady buying. Consistent outflows from exchanges highlight a solid trend toward long-term BTC holding strategies.

DIP并没有扭转比特币积累的更广泛趋势，这是通过在主要交易所和链上数据上的活动表明的，显示了稳定购买的持续。一致的交流流出突出了朝着长期BTC保持策略的坚实趋势。

Centralized Exchange BTC Balances Continue to Drop

集中式交换BTC余额继续下降

Bitcoin balances on centralized exchanges fell sharply over the past month,suggesting an inclination toward long-term holding.

在过去的一个月中，集中式交流的比特币平衡急剧下降，这表明长期持有倾向。

Data from Coinglass showed that balances dropped from 2.26 million BTC on April 23 to 2.15 million BTC on May 24. Among major exchanges, Coinbase and Binance recorded net outflows of 40,772 BTC and 39,713 BTC, respectively, over the past week.

Coinglass的数据显示，在过去一周中，余额从4月23日的226万BTC下降到5月24日的215万BTC。在过去的一周中，Coinbase和Binance分别记录了40,772 BTC和39,713 BTC。

These movements indicate reduced short-term selling pressure and increased Bitcoin cold storage activity. The trend signals growing confidence in Bitcoin as a store of value. Lower exchange balances also suggest fewer Bitcoins are immediately available for sale.

这些运动表明短期销售压力减少了，比特币冷藏活动增加。趋势信号信号越来越多，对比特币作为价值存储的信心。较低的交换余额还表明，立即出售的比特币更少。

This decline in available BTC may contribute to more stable pricing and ultimately foster upward momentum. The low volatility environment supports stronger confidence in accumulation strategies. Overall, the data reflects sustained buying activity despite short-term price drops.

可用BTC的这种下降可能有助于更稳定的价格，并最终促进向上的势头。低波动性环境支持对积累策略的更强烈的信心。总体而言，尽管短期价格下跌，但数据反映了持续的购买活动。

BTC ETFs Record Strong Inflows Amid Market Volatility

BTC ETF记录了市场波动的强劲流入

Bitcoin ETFs based in the United States continued to attract capital during the week of volatility and political pressure. According to SoSoValue, BTC spot ETFs recorded $2.75 billion in net inflows last week, the third-largest weekly inflow since the ETFs’ launch.

总部位于美国的比特币ETF继续在波动和政治压力的一周继续吸引资本。根据Sosovalue的说法，BTC Spot ETF上周的净流入量为27.5亿美元，这是自ETF推出以来的第三大每周流入。

The largest single-day inflow of $934.7 million came on May 22, coinciding with Bitcoin’s record high. Even on May 23, when President Trump's threat of 50% tariffs on all EU imports sparked a sharp sell-off, spot ETFs saw new capital flowing in at $211.7 million.

5月22日，最大的单日流入量达到了9.347亿美元，与比特币的创纪录高。即使在5月23日，当特朗普总统对所有欧盟进口的50％关税的威胁引发了巨大的抛售时，现场ETF的新资本的流动率为2.1117亿美元。