比特币将达到40万美元，Solana是三位数中期印刷品的“最快马”，以太坊的投资案例是“越来越多的threadbare”

在一次采访中，从宏观经济学到模因躁狂症，资深商人和不对称的创始人乔·麦肯（Joe McCann

Veteran trader and Asymmetric founder Joe McCann sees institutional flows propelling Bitcoin to the high six-figure range, while Solana is "the fastest horse" toward a mid-three-digit print and Ethereum’s investment case is increasingly threadbare.

资深商人和不对称的创始人乔·麦肯（Joe McCann）认为机构流向高六位数的范围推动了比特币，而索拉纳（Solana）是“最快的马”，迈向了三位数中期的印刷品，以太坊的投资案例越来越多。

The trader, who prefers a 70% core position in Bitcoin over a 70% core position in gold, made the remarks in an interview with Melker, spanning topics ranging from macro-economics and meme-coin mania.

这位交易者更喜欢比特币的70％核心地位，而不是70％的核心地位，在与梅尔克（Melker）的一次采访中发表了评论，该主题涵盖了宏观经济学和模因躁狂症。

Those flows, he said, are only beginning. Sovereign wealth funds, pensions, and corporations are "hoarding Bitcoin the way they once hoarded gold," but unlike bullion, the supply cap is immutable. With uncertainty indices at all-time highs and US trade policy setting the tempo of risk assets, McCann sees a probabilistic path toward enormous upside once "local maxima" on tariffs are understood.

他说，这些流动才刚刚开始。主权财富基金，养老金和公司“像曾经ho积黄金一样ho积比特币”，但与金银不同，供应上限是不可能的。凭借不确定性指数在历史最高水平和美国贸易政策设定风险资产的速度时，麦肯认为一旦了解了关税的“本地最大值”，就可以看到通往巨大上升空间的概率途径。

"If Trump does deregulation, if he chills out on tariff policy, you could see Bitcoin actually rip two, three, four-hundred thousand dollars. It really is just a number. It’s more about the flows."

“如果特朗普放松管制，如果他对关税政策放松，您会看到比特币实际上撕裂了两，三，四千美元。这确实只是一个数字。这更多的是关于流动。”

Pressed for timing, the CEO of Asymmetric would not went all in on Bitcoin and his thesis is time is no object. But he did segment the mechanics: reflexive price action in a thinly supplied market. Bitcoin, still a "fraction of the market cap of gold," now trades in an environment where gold's 40% year-to-date rally has revived the digital-gold narrative. A break of the Bitcoin-gold cross to the upside could lure capital away from bullion "simply because it’s easier to transport and censorship-resistant."

不对称的首席执行官迫在眉睫，比特币并没有全力以赴，他的论文是时间不是对象。但是他确实分割了机制：在稀薄提供的市场中反身价格行动。比特币仍然是“黄金市值的一部分”，现在在一个环境中进行了交易，在这个环境中，黄金的40％至今的集会恢复了数字金的叙述。比特币金十字架上的突破可能会使资本从金条中诱使“仅仅是因为它更容易运输和耐心。”

The implication is that a decisive break above the psychological $100,000 could accelerate quickly to the headline figure of $400,000 on ETF demand alone—particularly if the US administration moves ahead with initiatives such as Senator Cynthia Lummis’s proposal to buy in a budget neutral way or President Donald Trump Strategic Bitcoin Reserve.

这意味着，超出心理$ 100,000的决定性突破就可以迅速加速到仅ETF需求的40万美元的标题数字，尤其是如果美国政府继续前进，例如参议员辛西娅·卢米斯（Cynthia Lummis）诸如辛西娅·卢米斯（Cynthia Lummis）诸如预算中性方式或总统唐纳德·特朗普·特朗普（Donald Trump Trump）战略比特币储备等倡议。

Solana To $420

Solana至$ 420

If Bitcoin is 70% core position,Solana is his high-conviction satellite. He credits the network's throughput during last month's Trump-branded meme-coin launch—"the chain did not suffer; it hummed right along"—as a proof-of-scale moment. Wallet abstractions such as Moonshot, and the migration of stable-coin flows from Ethereum, have in his view removed the UX friction that capped the last cycle.

如果比特币是70％的核心位置，那么Solana是他的高定义卫星。他在上个月的特朗普品牌模因发射中归功于该网络的吞吐量 - “连锁店没有遭受痛苦；它一直嗡嗡作响”，这是一个规模验证的时刻。在他看来，钱包抽象（例如月光车）和从以太坊的稳定折叠流的迁移使他视为最后一个周期的UX摩擦。

"When the most popular person on the planet launches a meme-coin on Solana, what does that tell you? We have infrastructure ready for mass adoption."

“当地球上最受欢迎的人在索拉纳（Solana）上发起模因时，这告诉你什么？我们已经准备好接受大规模收养的基础设施。”

With spot-Solana ETFs already live in Canada and US filings advancing, he projects that "given the fundamentals coupled with ETF flows… Solana's got to be at least $420," a figure he reiterated more than once.

随着Spot-Solana ETF已经居住在加拿大和美国的文件中，他预测“鉴于基本面以及ETF流……Solana至少要达到420美元，”他重申了这一数字不止一次。

Structural Short: ETH

结构短：eth

By contrast, the hedge-fund book carries only one structural short: ETH, which he said is being broadly(({recognized as an interesting trade topic

相比之下，对冲基金书籍仅带有一个结构性简短：ETH，他说的是广泛的（（{被公认为是一个有趣的贸易主题