比特币在周一表现出了更新的实力，攀升到了显着95,000美元以上

比特币周一显示出了更新的实力，由于更广泛的金融市场将重点转移到唐纳德·特朗普（Donald Trump）即将举行的100天政策审查演讲中，因此攀升到了95,000美元的显着分数。

Bitcoin (BTC) demonstrated renewed strength on Monday, climbing back above the significant $95,000 mark as the broader financial markets turned their attention towards President Donald Trump’s upcoming 100-day review speech.

比特币（BTC）在周一表现出了更新的实力，由于更广泛的金融市场将注意力转移到唐纳德·特朗普（Donald Trump）即将上映的100天评论演讲中，因此攀升到了95,000美元的显着分数。

Amid a complex macroeconomic backdrop shaped by Trump’s second term policies, on-chain data showing significant Bitcoin withdrawals from exchanges added fuel to bullish sentiment, prompting speculation about a potential push towards the $100,000 milestone.

在特朗普的第二任期政策所塑造的复杂宏观经济背景中，链上数据显示，从交易所中提取了大量的比特币，增加了对看涨情绪的燃料，这引发了人们对潜在推动这一100,000美元里程碑的猜测。

Anticipation builds ahead of Trump’s 100-day review

在特朗普的100天审查之前，预期建立

After a period of consolidation, Bitcoin prices pushed higher, reaching levels above $95,490 according to CoinGecko data by Monday, 08:43 ET (12:43 GMT). This marked an 0.8% gain over 24 hours and reflected a robust 8.9% increase week-over-week.

经过一段时间的合并后，比特币价格提高了，根据Coingecko数据，到周一08:43 ET（GMT 12:43），比特币价格提高了95,490美元。这标志着24小时内的0.8％增长，并反映出每周增加8.9％的增长8.9％。

This price action mirrored gains seen in US equity markets, particularly among top technology stocks, as investors awaited clarity from Trump’s address.

这种价格行动反映了在美国股票市场中看到的收益，尤其是在顶级技术股票中，投资者等待特朗普的讲话清晰。

Crypto-related policies have been a notable feature of Trump’s second term thus far, and market participants are particularly keen for updates on proposals like the potential creation of a US Bitcoin strategic reserve.

到目前为止，与加密相关的政策一直是特朗普第二任期的显着特征，市场参与者特别热衷于更新建议，例如潜在的美国比特币战略储备。

A definitive announcement confirming the strategic reserve initiative could serve as a powerful catalyst, potentially triggering a rapid (“parabolic”) move towards and beyond $100,000.

确认战略储备倡议的最终公告可以作为强大的催化剂，有可能引发快速（“抛物线”）朝着100,000美元的快速行动。

Conversely, renewed emphasis on aggressive tariff strategies or drastic budget cuts in the speech could dampen overall market sentiment, potentially capping Bitcoin’s near-term upside despite its recent resilience.

相反，重点重视积极的关税策略或演讲中的急剧预算可能会削弱整体市场情绪，尽管最近具有弹性，但仍可能限制比特币的近期上涨空间。

Macro crosscurrents: tariffs, inflation, and Fed pressure

宏交叉流：关税，通货膨胀和喂养压力

The first 100 days of Trump’s term have been marked by distinct policy trends influencing market dynamics.

特朗普任期的前100天以影响市场动态的不同政策趋势标志着。

While US inflation has continued its downward trend (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump’s continued advocacy for tariffs – measures widely warned by economists as potentially inflationary – creates tension.

尽管美国通货膨胀率一直持续下降趋势（从2022年的9.1％峰值下降到2025年3月的2.4％，但特朗普继续倡导关税 - 措施被经济学家广泛警告为潜在的通货膨胀 - 造成紧张。

The President has claimed victory over inflation while simultaneously pushing for policies that could reignite price pressures.

总统声称胜利了通货膨胀，同时推动了可能重新施加价格压力的政策。

This backdrop informs Trump’s recently intensified calls for the Federal Reserve to cut interest rates, including public pressure and threats aimed at replacing Fed Chair Jerome Powell.

这种背景告知特朗普最近呼吁美联储降低利率的呼吁，包括公共压力和旨在取代美联储主席杰罗姆·鲍威尔（Jerome Powell）的威胁。

While these pronouncements have sparked market speculation, data from the CME FedWatch tool still indicates a dominant (90.1%) probability that the Fed will maintain current rates at its upcoming May 7 FOMC meeting.

尽管这些声明激发了市场的投机，但CME FedWatch工具的数据仍然表明，在即将在5月7日的FOMC会议上，美联储将在其即将到来的FOMC上保持当前利率的可能性（90.1％）。

However, the administration’s focus on tariffs (“impose across-the-board tariffs on most foreign-made goods”) continues to inject uncertainty into US stock markets.

但是，政府对关税（“对大多数外国制造商品征收全面关税”）的关注继续向美国股票市场注入不确定性。

This uncertainty appears to be bolstering Bitcoin’s narrative as a potential safe-haven asset, relatively insulated from direct geopolitical trade spats and supply chain disruptions.

这种不确定性似乎是在扩大比特币的叙述，作为潜在的避风港资产，相对与直接的地缘政治贸易和供应链破坏相对隔离。

Notably, Bitcoin has posted year-to-date gains of 5.6%, contrasting with declines seen in the S&P 500 and Dow Jones indices (down 5% YTD) during the same period.

值得注意的是，比特币的年初至今增长率为5.6％，与标准普尔500指数中的下降相比，同期Dow Jones指数（下降5％YTD）。

Should Trump’s policies continue to foster volatility in traditional financial (TradFi) markets, Bitcoin’s perceived resilience could attract further capital inflows.

如果特朗普的政策继续在传统的金融（Tradfi）市场中促进波动，那么比特币的韧性可能会吸引进一步的资本流入。

On-chain flows signal accumulation?

链流信号积累？

Adding weight to the bullish case is compelling on-chain data indicating significant Bitcoin movement off cryptocurrency exchanges.

在看涨案例中增加重量是诱人的链上数据，表明比特币在加密货币交换中移动。

Analysis from CryptoQuant reveals that investors have withdrawn over $4 billion worth of Bitcoin from tracked exchange wallets since Trump’s recent calls for rate cuts began around April 22.

CryptoQuant的分析表明，自从特朗普最近对削减税率降级的呼吁开始以来，投资者已从追踪的交换钱包中撤回了超过40亿美元的比特币。

Total exchange reserve balances reportedly fell from $237.8 billion to $233.8 billion during this period.

据报道，在此期间，总贸易储备余额从2378亿美元降至238亿美元。

This trend of coins leaving exchanges is often interpreted bullishly, as it suggests investors are moving Bitcoin into private storage (“cold wallets”) for longer-term holding rather than keeping it readily available for sale on trading platforms.

货币离开交流的这种趋势通常是看涨的，因为它表明投资者正在将比特币转移到私人存储（“冷钱包”）中，以进行长期持有，而不是让它在交易平台上随时可用。

This reduction in easily accessible supply, coupled with potentially steady or increasing demand triggers (like the safe-haven narrative or strategic reserve news), strengthens the argument for a potential price breakout.

易于使用的供应的减少，再加上潜在的稳定或增加的需求触发器（例如安全的叙事或战略储备新闻），增强了潜在价格突破的论点。

Bitcoin tests $95K resistance, eyes $100K breakout

比特币测试$ 95K的抵抗力，眼睛$ 100K突破

With demand factors seemingly active and exchange supply tightening, the technical picture comes into sharp focus. Bitcoin is currently testing the significant resistance zone around 95,000−95,500.

随着需求因素看似活跃并汇总了供应收紧，技术情况逐渐成为重点。比特币目前正在测试95,000-95,500左右的显着电阻区。

Successfully overcoming and holding above this level is seen as crucial for confirming the next leg higher.

成功地克服和握住这一水平对于确认下一个腿更高是至关重要的。

The $100,000 psychological milestone remains the key upside target in the near term, with the confluence of macro uncertainty, potential policy catalysts from Trump’s speech, and supportive on-chain data suggesting the stage could be set for such a move.

100,000美元的心理里程碑仍然是近期的关键上行目标，随着宏观不确定性的融合，特朗普讲话的潜在政策催化剂，并且支持性的链上数据表明，这表明可以为此设定舞台。