大贸易突破之后，2025年5月12日，比特币价格上涨至105000美元

在美国和中国之间取得巨大贸易突破以降低关税之后，比特币上涨至2025年5月12日以上。

The U.S. and China have agreed to reduce tariffs for a period of 90 days with the U.S. retrenching its percentages from 145% to 30 % in exchange for China reducing the duties it imposes on imports from the United States from 125 percent to ten percent. This short-lived trade cease-fire has sparked hope among world markets, which has flown capital into cryptocurrencies such as Bitcoin.

美国和中国已同意在90天内降低关税，而美国将其百分比从145％削减至30％，以换取中国，从而减少了对美国进口的关税，从美国进口的义务从125％降低到十％。这种短暂的贸易停火引发了世界市场的希望，世界市场将资本飞向比特币等加密货币。

After four months, data from the market indicates Bitcoin’s strength as its price has come above the $105,000 mark for the first time since last year. The rally is consistent with the broader market rally, as investors see a lessening of trade hostilities as a good thing for risk assets. The overall crypto market cap has also increased to $3.28 trillion, a number not witnessed since February 2025, said CoinMarketCap.

四个月后，来自市场的数据表明比特币的实力，因为其价格自去年以来首次超过105,000美元。集会与更广泛的市场集会一致，因为投资者将贸易敌对行动的减少视为风险资产的好处。 CoinMarketCap说，自2025年2月以来，总体加密市值也已增加到32.8万亿美元。

Bitcoin’s bullish impetus is propelled by the trade truce

比特币的看涨动力是由贸易休战推动的

The reductions in the tariffs come from a deal made last weekend in Geneva between US Treasury Secretary Scott Bessent and Chinese Vice President He Lifeng. The deal is an attempt to ease the trade war, which has derailed the two countries’ bilateral relations for months. By cutting back on tariffs, both nations are optimistic that they will increase global trade and improve on liquidity, factors that have ever supported Bitcoin price rallies.

关税的降低来自上周末在日内瓦的一项交易，美国财政部长斯科特·贝森特（Scott Bessent）和中国副总统赫尔（He Lifeng）达成了一项交易。该协议是试图缓解贸易战的试图，该战争已经使两国的双边关系脱轨了几个月。通过削减关税，这两种国家都乐观，他们将增加全球贸易并改善流动性，这些因素曾支持比特币价格集会。

Bitcoin’s weekly chart shows a bull flag breakout, an indicator that often indicates that there is an upward continuation. Such technical configuration implies an estimated price target of $150,000, which may be achieved, assuming the bullish momentum remains unchanged. The latest price movement of the cryptocurrency shows increased investor confidence as capital moves into risk-on assets such as Bitcoin after the trade news.

比特币的每周图表显示了一个牛旗突破，该指标通常表明有一个向上的延续。这种技术配置意味着估计的目标价为150,000美元，假设看涨的势头保持不变，则可以实现。加密货币的最新价格转移表明，随着资本转向贸易新闻后的风险资产，投资者的信心增加。

According to Material Indicators data, there was also an increase in buying activity by large investors, or whales, with orders ranging from $100,000 to $10 million. From May 10, these entities have increased their accumulation considerably, cumulative volume delta (CVD) for whale classes has increased sharply. At the same time, little retail traders with orders below $10,000 have been liquidating, perhaps booking profits or closing out positions.

根据物质指标的数据，大型投资者或鲸鱼的购买活动也有所增加，订单范围从100,000美元到1000万美元不等。从5月10日起，这些实体大大提高了其积累，鲸鱼类别的累积数量增量（CVD）急剧增加。同时，订单低于$ 10,000的几乎没有订单的零售交易员正在清算，也许是预订利润或结束职位。

The other financial markets have also been affected by the tariff cuts. In addition to a 0.7% gain for the dollar, S&P 500 futures rose 2.8%. Meanwhile, gold prices dropped by 2.3%, a move away from safe-haven assets, with investors turning to riskier investments such as cryptocurrency, according to a report by TradingView.

其他金融市场也受到关税削减的影响。除了美元增长0.7％外，标准普尔500指货期货增长2.8％。同时，根据TradingView的一份报告，黄金价格下跌了2.3％，远离避风港资产，投资者转向更风险的投资，例如加密货币。

Market Sentiment and Price Risks

市场情绪和价格风险

With such bullish momentum, certain caution is called for. Bitwise’s Cryptoasset Sentiment Index has now risen to its highest level since November 2024, and that has previously been a precursor to temporary market corrections. Previously, periods of price pullbacks or consolidation followed the previous peaks in sentiment recorded in April 2022 and October 2023.

有了这样的看涨势头，需要一定的谨慎。 Bitwise的CryptoAsset情感指数现在已上升到2024年11月以来的最高水平，以前是临时市场更正的先驱。以前，在2022年4月和2023年10月记录的情感上，价格下跌或合并的期限是在先前的峰值之后的。

Altcoins have also benefited from the trade truce and Ethereum is up 4.38% to $2,625 while XRP is up 3.72% to $2.45. The rally of the broader crypto market confirms the positive effect of the better US-China trade relationships on digital assets. Nevertheless, the market is still subject to the external economic changes across the world, and the change of trade policies may add some volatility.

AltCoins也从贸易停战中受益，以太坊上涨4.38％，至2,625美元，而XRP上涨了3.72％至2.45美元。更广泛的加密市场集会证实了更好的美国 - 中国贸易关系对数字资产的积极影响。然而，市场仍在全球外部经济变化中，贸易政策的变化可能会增加一些波动。

So far, the price path of Bitcoin seems to be associated with the development of the trade environment. The 90-day tariff reduction period is a window for markets to get back on their feet and may lay the ground for more in the cryptocurrency sector.

到目前为止，比特币的价格路径似乎与贸易环境的发展有关。减少90天的关税期是市场重新站起来的窗口，并可能在加密货币领域为更多的地面奠定基础。