比特币的看涨奔跑：需求激增，更正不太可能吗？

比特币要进行更正吗？专家们衡量需求的飙升，消失的供应以及持续上升势头的潜力。

Bitcoin's been on a wild ride, hitting new all-time highs, and everyone's wondering: is a correction coming? Or is this just the beginning? Let's dive into what the experts are saying about Bitcoin's demand, supply, and whether a prolonged price drop is really on the cards.

比特币一直在疯狂地骑行，达到了新的历史最高点，每个人都想知道：更正是吗？还是这只是开始？让我们深入了解专家对比特币的需求，供应以及延长价格下跌的看法。

Demand Outstripping Supply: A Recipe for Continued Growth?

超越供应的需求：持续增长的秘诀？

The buzz is that demand for Bitcoin is skyrocketing while the available supply is dwindling. 21Shares crypto research strategist Matt Mena points out that the amount of Bitcoin on crypto exchanges and OTC desks is at an all-time low. Meanwhile, those shiny new US-listed Bitcoin ETFs? They've already gobbled up multiples of the BTC that'll be mined this year. And let's not forget the corporate treasury buyers quietly adding to their stashes.

嗡嗡声是，对比特币的需求正在飙升，而可用供应量正在减少。 21 Shares加密研究策略师Matt Mena指出，加密交易所和OTC桌子上的比特币数量处于历史最低水平。同时，那些闪亮的新美国比特币ETF？他们已经吞噬了今年将要开采的BTC的倍数。而且，不要忘记公司财政买家悄悄地增加他们的藏匿处。

We're talking about Bitcoin hitting $122,884, with new buyers jumping in and scooping up coins faster than miners can produce them. Seems like a classic case of supply and demand, right?

我们正在谈论的是比特币达到122,884美元，新买家跳进去，挖出硬币的速度比矿工可以生产的快。似乎是供需的经典案例，对吗？

Defying Historical Trends: Bitcoin's Summer Surge

违抗历史趋势：比特币的夏季激增

Historically, the third quarter hasn't been kind to Bitcoin, averaging a measly 6.32% return since 2013. But this year? Bitcoin's laughing in the face of tradition, setting new all-time highs during what's usually the slow season. As Mena puts it, Bitcoin is setting new all-time highs during the most illiquid, seasonally weak part of the year.

从历史上看，第三季度对比特币并不友善，自2013年以来平均收益率达到6.32％。但是今年？比特币面对传统的笑声，在通常的缓慢季节中创造了新的历史最高点。正如梅纳（Mena）所说，比特币在一年中最不流动的，季节性较弱的一部分中设定了新的历史最高点。

Potential Speed Bumps: Macro Risks on the Horizon

潜在的速度颠簸：宏观风险即将到来

Now, before you go all-in, it's worth keeping an eye on a couple of potential risks. Mena cautions that a reversal isn't entirely out of the question. If Trump's proposed tariffs are harsher than expected, or if the Fed hints that rate cuts are further off, we could see a broad repricing of risk assets, including Bitcoin.

现在，在您全力以赴之前，值得关注一些潜在的风险。 MENA警告说，逆转并不是完全不可能的。如果特朗普提议的关税比预期的要严格，或者美联储暗示削减税率的情况较远，那么我们可以看到包括比特币在内的风险资产的广泛重新定位。

The Big Picture: Bullish Long-Term Trends

大局：看涨长期趋势

Despite these potential hiccups, the overall outlook for Bitcoin remains positive. Long-term trend analysis suggests that Bitcoin is moving within a large ascending channel, signaling a bullish trajectory. This aligns with the view that a prolonged correction is unlikely.

尽管有这些潜在的打ic，但比特币的总体前景仍然是积极的。长期趋势分析表明，比特币正在大型上升通道内移动，这表明了看涨的轨迹。这与长时间更正的观点一致。

The Rise of Innovative Crypto Products

创新加密产品的兴起

The market is also seeing cool new financial products like Bitcoin Yield ETPs, which automatically convert yields into Bitcoin. These innovations make it easier for investors to increase their Bitcoin holdings without needing extra capital.

市场还看到了酷炫的新金融产品，例如比特币产量ETP，它们会自动将收益率转换为比特币。这些创新使投资者更容易增加其比特币持有量，而无需额外的资金。

Institutional Interest: A Stable Foundation

机构利益：稳定的基础

Let's not forget the big boys. Institutional investors are increasingly recognizing Bitcoin's potential as a store of value and a hedge against inflation. This institutional interest is likely to provide a more stable foundation for the market, reducing the likelihood of a prolonged correction.

让我们不要忘记大男孩。机构投资者越来越多地认识到比特币作为价值存储和对冲通货膨胀的潜力。这种机构利益可能为市场提供了更稳定的基础，从而减少了延长纠正的可能性。

Final Thoughts: To the Moon?

最终想法：月球？

So, what's the verdict? While no one can predict the future, the consensus seems to be that a prolonged correction for Bitcoin is increasingly unlikely. With demand surging, supply dwindling, and institutional interest growing, the outlook remains positive. Of course, there are always risks, but for now, it looks like Bitcoin's bullish run might just continue. Keep an eye on those macro factors, and remember to do your own research. But hey, who knows? Maybe we'll all be sipping Mai Tais on the moon sooner than we think!

那么，判决是什么？尽管没有人能预测未来，但共识似乎是，对比特币的延长纠正越来越不可能。随着需求激增，供应减少以及机构兴趣的增长，前景仍然是积极的。当然，总会有风险，但是就目前而言，看起来比特币的看涨奔跑可能会继续下去。密切关注这些宏观因素，并记住自己的研究。但是，谁知道？也许我们所有人都比我们想象的要早就在月球上imp饮！