2025 年比特币和以太坊价格预测：从 125,000 美元到 185,000 美元

随着今年接近尾声，加密市场仍然是投机和分析的温床，对比特币和以太坊未来的预测与加密货币本身一样剧烈波动。

As the year comes to an end, the crypto market continues to be a hotbed of speculation and analysis, with predictions for the future of Bitcoin and Ethereum fluctuating as dramatically as the cryptocurrencies themselves.

随着年底的到来，加密市场仍然是投机和分析的温床，对比特币和以太坊未来的预测与加密货币本身一样剧烈波动。

In November and December, after the US election, there seemed to be an influx of price forecasts, with some analysts setting sights on a $125,000 level for Bitcoin at the end of 2024. However, others cautioned about potential pullbacks.

在美国大选后的 11 月和 12 月，似乎出现了大量的价格预测，一些分析师将比特币的目标定为 2024 年底的 125,000 美元水平。然而，其他人对潜在的回调提出了警告。

As of 2:10 pm ET Monday, Bitcoin was trading at approximately $94,300 and Ethereum at around $3,400. This represents a significant drop in value for both digital currencies, with Bitcoin falling roughly 12% since peaking above $108,000 on Dec. 17. On the same day, Ethereum was trading higher than the $4,000 mark but has since seen a 15% decline.

截至美国东部时间周一下午 2:10，比特币交易价格约为 94,300 美元，以太坊交易价格约为 3,400 美元。这代表着两种数字货币的价值大幅下跌，比特币自 12 月 17 日触及 108,000 美元上方的峰值以来下跌了约 12%。同一天，以太坊的交易价格高于 4,000 美元大关，但此后下跌了 15%。

According to Matt Mena, a research strategist at 21Shares, this downward trend can be attributed to the Federal Reserve’s hawkish stance heading into 2025. Mena stated that the forecast of two rate cuts next year instead of three has dampened market sentiment and contributed to the downturn in prices for Bitcoin, Ethereum and other risk assets.

21Shares研究策略师马特·梅纳(Matt Mena)表示，这种下降趋势可归因于美联储进入2025年的鹰派立场。梅纳表示，明年降息两次而不是三次的预测抑制了市场情绪，导致经济低迷。比特币、以太坊和其他风险资产的价格。

Furthermore, Mena highlighted the six-month high in the 10-year Treasury yield, which makes crypto assets less appealing as investors prioritize safer and more predictable returns. Additionally, some investors are locking in gains achieved over the year, while others might be employing tax-loss harvesting strategies by selling assets that have declined in value to offset capital gains and lower taxable income.

此外，梅纳强调了 10 年期国债收益率的六个月高点，这使得加密资产的吸引力下降，因为投资者优先考虑更安全和更可预测的回报。此外，一些投资者锁定了一年来取得的收益，而另一些投资者可能会采用税收损失收获策略，通过出售价值下降的资产来抵消资本利得和较低的应税收入。

Despite this, Mena and other analysts view this as a “healthy” correction, which is typically observed in Bitcoin's price movements following a significant rally. If Bitcoin can maintain a level above $85,000, Mena believes it will sustain the upward trend seen in the recent months. However, if it fails to do so, we could witness accelerated selling and further price declines.

尽管如此，梅纳和其他分析师认为这是一次“健康”的调整，这通常在比特币大幅上涨后的价格走势中观察到。 Mena 认为，如果比特币能够维持在 85,000 美元以上的水平，它将维持近几个月的上涨趋势。然而，如果不这样做，我们可能会看到抛售加速和价格进一步下跌。

“The next major psychological price level to watch for is $110,000,” Mena said, adding that, “Once Bitcoin breaks through this resistance, we could see a swift surge to $120,000, with the potential to target $150,000 by the summer as momentum builds.”

Mena 表示：“下一个值得关注的主要心理价格水平是 110,000 美元。”他补充道，“一旦比特币突破这一阻力位，我们可能会看到迅速飙升至 120,000 美元，随着势头的增强，到夏天有可能达到 150,000 美元的目标。 ”

YouHodler's head of risk, Sergei Gorev, anticipates the corrective sentiment in the crypto market to extend into 2025, tying this to the historical correlation between Bitcoin and the declining M2 money supply.

YouHodler 的风险主管 Sergei Gorev 预计加密货币市场的调整情绪将持续到 2025 年，这与比特币和 M2 货币供应量下降之间的历史相关性有关。

Meanwhile, Alex Thorn from Galaxy expects Bitcoin to reach 20% of gold's market capitalization in 2025, from its current level of just over 10%. Thorn predicts Bitcoin will cross $150,000 in the first half of the year, with a potential peak of $185,000 in Q4.

与此同时，来自 Galaxy 的 Alex Thorn 预计，到 2025 年，比特币占黄金市值的比例将从目前略高于 10% 的水平升至 20%。 Thorn 预测比特币将在今年上半年突破 150,000 美元，第四季度可能达到 185,000 美元的峰值。

“A combination of institutional, corporate and nation-state adoption will propel Bitcoin to new heights in 2025,” Thorn wrote. “Throughout its existence, Bitcoin has appreciated faster than all other asset classes, including the S&P 500 and gold, and that trend will continue in 2025.”

索恩写道：“机构、企业和民族国家的采用相结合，将推动比特币在 2025 年达到新的高度。” “自诞生以来，比特币的升值速度快于所有其他资产类别，包括标准普尔 500 指数和黄金，而且这一趋势将在 2025 年持续下去。”