比特币合并$ 10万美元，XRP显示了历史性拉力赛模式的迹象

加密货币市场继续以比特币的合并超过100,000美元，XRP闪烁信号让人联想到它的看涨势头

The cryptocurrency market continues to show bullish strength as Bitcoin consolidates above $100,000 and XRP shows signals reminiscent of its previous 400% rally, while positive macro trends and network metrics are supporting further gains across major assets.

由于比特币的合并超过100,000美元，加密货币市场继续表现出看涨的力量，XRP显示了让人联想到其前400％集会的信号，而积极的宏观趋势和网络指标则支持跨主要资产的进一步收益。

Crypto Market Summary

加密市场摘要

As Bitcoin maintains its price action above $100,000 during favorable macroeconomic conditions, the crypto market is displaying renewed vigor. The latest US-China trade agreement, which includes a 90-day deferment on tariffs and a 115% reduction in both countries, has contributed to a "risk-on" appetite. Furthermore, the CBOE Volatility Index (VIX) decreasing to its 30-year average of 20 from a high of 60 earlier in 2025 provides more evidence for this shift.

由于比特币在有利的宏观经济条件下将其价格行动保持在100,000美元以上，因此加密货币市场正在表现出更新的活力。最新的美国 - 中国贸易协定包括对关税的90天延期和两国降低115％的延期，已促成“风险启用”的胃口。此外，CBOE波动率指数（VIX）从2025年前早些时候的60个高高减少到其20年的20年平均值，这为这一转变提供了更多证据。

In terms of inflation data, the US Consumer Price Index (CPI) decreased to 2.3% year-over-year in April, reaching the lowest level since February 2025 and falling short of consensus predictions. This alleviation of inflationary pressure would increase the possibility of the Federal Reserve decreasing rates in 2025.

在通货膨胀数据方面，美国消费者价格指数（CPI）在4月份同比同比下降2.3％，达到了2025年2月以来的最低水平，并且没有达成共识的预测。减轻通货膨胀压力将增加2025年美联储降低利率的可能性。

Institutionally, Coinbase is set to join the S&P 500 on May 19, becoming the first cryptocurrency company to be included in the renowned index. Following the announcement, COIN shares increased by 8.8%, raising its market value to $52.8 billion. Additionally, VanEck is introducing the first tokenized real-world asset fund that provides exposure to US Treasury notes as it joins established financial companies like BlackRock and Franklin Templeton in the expanding RWA domain.

从机构上讲，Coinbase将于5月19日加入标准普尔500指数，成为第一家被包括在著名指数中的加密货币公司。公告后，硬币股增加了8.8％，将其市场价值提高到528亿美元。此外，Vaneck正在推出第一个令牌现实世界中的资产基金，该基金可与美国财政部票据相处，因为它加入了Blackrock和Franklin Templeton等成立的金融公司，进入了不断扩展的RWA域。

In terms of regulations, Arizona Governor Katie Hobbs vetoed two crucial cryptocurrency bills that would have permitted state agencies to accept crypto payments and established a Digital Assets Strategic Reserve Fund.

在法规方面，亚利桑那州州长凯蒂·霍布斯（Katie Hobbs）否决了两项关键的加密货币法案，这些账单将允许州机构接受加密货币付款并建立数字资产战略储备基金。

Bitcoin Price Consolidates Above $104,000

比特币价格合并超过$ 104,000

Bitcoin’s BTC/USD consolidation above $100,000 coincides with positive signals on market mood. Reflecting trends like to those seen following the April 2024 halving, the Bitcoin Bull Score Index has jumped from 20 to 80, its highest score in 2025.

比特币的BTC/USD合并超过$ 100,000，与市场情绪上的积极信号一致。反映了2024年4月在一半后看到的趋势，比特币公牛得分指数从20跃升至80，这是2025年的最高得分。

Institutional confidence is also returning rather powerfully, with over $5.7 billion flowing into Bitcoin ETFs in only three weeks. The US spot ETFs now have a record 1.26 million BTC in total assets under control.

机构信心也很有强大的恢复，仅在三个星期内，超过57亿美元流入了比特币ETF。现在，美国ETF拥有创纪录的126万BTC，总资产正在控制中。

However, some analysts advise caution. With Bitcoin’s open interest reaching nearly all-time highs of $68 billion, the market is clearly highly positioned. And with their Cryptoasset Sentiment Index at its highest level since November 2024, André Dragosch of Bitwise Asset Management warns that Bitcoin might be outpacing itself.

但是，一些分析师建议谨慎。随着比特币的开放兴趣几乎达到了680亿美元的历史高峰，市场显然是高度位置的。凭借他们的加密助理情感指数在2024年11月以来的最高级别，安德烈·德拉格斯（AndréDragosch）的Bitwise Asset Management警告说，比特币可能会超过自己。

Since March, with changes in US policy guiding money into politically neutral assets, Bitcoin has shown a greater correlation with gold than equities. Should gold move into a corrective phase, Bitcoin might do the same. Moreover, seasonal trends suggest possible headwinds as June and September have always been the worst performing months for Bitcoin.

自3月以来，随着美国政策的变化将资金引导到政治上立的资产中，比特币与黄金的相关性比股票更大。如果黄金进入纠正阶段，比特币可能会做同样的事情。此外，季节性趋势表明，六月和九月一直是比特币表现最差的几个月。

XRP Price Surges 55% From Local Bottom

XRP价格从本地底部飙升了55％

XRP XRP/USD has rebounded by more than 55% since hitting a local bottom around $1.61 in April, currently trading around $2.58. Technical and on-chain studies suggest potential price rallies reminiscent of its 2024 bull run.

XRP XRP/USD自4月份以1.61美元的价格达到本地底部以来，反弹超过55％，目前交易约为2.58美元。技术和链上的研究表明，潜在的价格集会让人联想到其2024年的公牛运行。

Data on whale flow indicates a clear reversal of trend. From November 2024, before the correction from above $3.55 to below $2.00, XRP whale wallets were decreasing their holdings. This trend has reversed as of mid-May; the 90-day moving average of net flows is now positive.

鲸鱼流的数据表明趋势明显逆转。从2024年11月开始，在$ 3.55 $ 3.55的更正到$ 2.00以下之前，XRP鲸鱼钱包正在减少其持有量。截至5月中旬，这种趋势已经逆转。净流的90天移动平均值现在为正。

Such reversals have historically signaled major lows for XRP. Notably, as whale outflows slowed and eventually turned to net inflows, XRP’s rally from around $0.43 in July 2024 to $3.55 in January 2025—offering gains of roughly 400%—commenced.

这种逆转历史上表明了XRP的主要低点。值得注意的是，随着鲸鱼的流出减速并最终转向净流入，XRP的集会从2024年7月的0.43美元降至2025年1月的3.55美元，提供了约400％的收益。

Technical indicators also support this view; on the 3-day chart, XRP is breaking out from a multi-month descending wedge formation. While analysts highlight intermediate resistance around $2.80, the breakout predicts a price target of about $3.45, which is roughly 40% above the present levels.

技术指标还支持此观点；在为期3天的图表上，XRP从一个多个月的降楔形组中爆发。尽管分析师重点介绍了2.80美元左右的中间电阻，但突破性的目标目标约为3.45美元，比目前的水平高约40％。

Solana Price Shows Potential For More Gains After Recent Correction

索拉纳（Solana）价格显示出最近更正后获得更多收益的潜力

The Solana SOL/USD token increased by 24.8% between May 6 and May 10 after Bitcoin broke out of $100,000. Currently trading at $184, on-chain data indicates that the price may rise further despite the recent correction.

在5月6日至5月10日之间，在比特币损失了100,000美元之后，Solana Sol/USD代币增加了24.8％。目前的交易价格为184美元，链上数据表明，尽管最近进行了更正，但价格可能会进一步上涨。

With its $10.9 billion total value locked (TVL) exceeding the entire Ethereum layer-2 ecosystem,

凭借其109亿美元的总价值锁定（TVL）超过整个以太坊2层生态系统，