比特币再次通过$ 105,000大关摇晃市场

通过跨越105,000美元的大关，标志性的加密货币恢复到自一月以来一直没有达到的水平

Bitcoin has once again managed to shake the market with its price movements. Surpassing the $105,000 mark, the iconic cryptocurrency reached levels not seen since January. This surge, which comes in parallel with the rise of the main altcoins, sparks speculation: is this a simple technical rebound or the beginning of a new bullish cycle?

比特币再次设法通过其价格变动来震撼市场。标志性的加密货币超过了105,000美元的分数，自一月份以来就无法达到水平。这次激增与主山羊的兴起平行，这激发了人们的猜测：这是一个简单的技术反弹还是新的看涨周期的开始？

In a rapidly changing geopolitical context and as investors regain their appetite for risk, the signals are multiplying, but their interpretation remains crucial.

在快速变化的地缘政治环境中，随着投资者恢复对风险的需求，信号正在繁殖，但他们的解释仍然至关重要。

Bitcoin Surpasses $105,000 as It Surpasses Another Milestone

比特币超过$ 105,000，因为它超过了另一个里程碑

Surpassing the symbolic threshold of $105,000 this Sunday, Bitcoin continues its ascent. A first since January 2025, a fact that is highlighting the importance of this psychological barrier.

比特币在本周日超过了105,000美元的象征性门槛，继续上升。自2025年1月以来的第一个事实强调了这种心理障碍的重要性。

This brings the queen of cryptos to less than 3% of its all-time high of $108,786, reached on the day of Donald Trump’s inauguration. An incredible feat considering the recent price collapse of the main cryptocurrency.

这使加密货币女王不到唐纳德·特朗普就职日达到其历史最高额为108,786美元的不到3％。考虑到主要的加密货币最近价格崩溃，这是一个令人难以置信的壮举。

This renewed strength, +2% over 24 hours and +25% over one month, seems to be part of a cautious optimism, favored by the easing of the American trade war.

这种更新的实力在24小时内 +2％，一个月内 +25％ +25％，似乎是谨慎的乐观情绪的一部分，受到美国贸易战的缓解所青睐。

However, it is important to remain vigilant. Despite this positivity and the clear upward trend, a troubling phenomenon is also being observed. Indeed, Bitcoin’s dominance in the crypto ecosystem is decreasing.

但是，保持警惕很重要。尽管这种积极性和清晰的趋势，但仍观察到令人不安的现象。确实，比特币在加密生态系统中的主导地位正在减少。

In other words, its market share is eroding as altcoins like Ethereum, XRP, or Dogecoin are making gains. A dynamic that, for some analysts, does not herald the arrival of a sustainable altcoin season, but rather reflects a temporary appetite for risk assets in a still fragile context.

换句话说，它的市场份额正在侵蚀，因为以太坊，XRP或Dogecoin等山寨币正在取得收益。对于某些分析师而言，这种动态并不能预示可持续的山寨币季节的到来，而是反映出在仍然脆弱的背景下对风险资产的暂时食欲。

This is also evidenced by the liquidation of short positions, which exceeded $128 million in a single day, a fact that speaks volumes about the difficulties faced by pessimists.

清算短期职位的清算也证明了这一点，这一天在一天内超过了1.28亿美元，这一事实表达了悲观主义者所面临的困难。

Contrarian traders have learned the hard way: betting against this bullish trend can be very costly.

逆势交易者已经学会了艰难的方法：反对这种看涨趋势的赌注可能非常昂贵。

XRP, Dogecoin, and Ethereum: The Awakening of the Followers?

XRP，Dogecoin和以太坊：追随者的觉醒？

While BTC is hogging the limelight, attention also turns to other players. XRP is up nearly 4%, nearing $2.43, while Ethereum is up 3.5% to $2,563. As for Dogecoin, it takes the lead with an impressive 8% rise, reaching $0.232.

尽管BTC陷入了众人瞩目的焦点，但注意力也转向了其他玩家。 XRP上涨了近4％，接近2.43美元，而以太坊上涨了3.5％至2,563美元。至于狗狗币，它以令人印象深刻的8％上升，达到0.232美元。

This renewed interest in altcoins can be explained by several factors. First, the classic ripple effect: when Bitcoin goes up, investors turn to the “smaller” tokens seeking higher yields.

这种对山寨币的新兴趣可以通过几个因素来解释。首先，经典的连锁反应：当比特币上升时，投资者转向寻求更高产量的“较小”令牌。

Next, increased confidence in the crypto sector as a whole, fueled by a calmer geopolitical context, notably Trump’s retreat on some economic fronts. But this euphoria could well be short-lived.

接下来，在平静的地缘政治环境的推动下，对加密货币部门的整体信心增加了，特别是特朗普在某些经济方面的撤退。但是这种欣喜可能是短暂的。

Macroeconomic uncertainties, lingering geopolitical tensions, and possible volatility resurgence could bring investors back to Bitcoin, the crypto market’s safe haven. In other words, if strong winds blow, altcoins could sink again.

宏观经济的不确定性，挥之不去的地缘政治紧张局势以及可能的波动性复苏可能会使投资者回到加密货币市场的避风港比特币。换句话说，如果强风吹，山寨币可能会再次下沉。

It is true that Bitcoin’s dominance is eroding, but to say that this heralds a lasting reshuffling of the cards would be premature.

的确，比特币的统治地位正在侵蚀，但是说这可以预示持续的卡片将为时过早。

Historically, altcoin season phases occur only after a sustained accumulation phase and Bitcoin stabilization. However, we are still in the midst of speculative frenzy.

从历史上看，AltCoin季节阶段仅在持续的积累阶段和比特币稳定后才发生。但是，我们仍处于投机性的狂热之中。

Seasoned investors know: when adrenaline rises, crowd movements can create illusions. A rapid rise does not guarantee solid consolidation. If the economic or political climate were to tighten, the market could quickly turn defensive, refocusing flows on Bitcoin and leaving other cryptos behind.

经验丰富的投资者知道：当肾上腺素升高时，人群的运动可能会产生幻想。快速上升并不能保证稳定的巩固。如果经济或政治气候要收紧，市场可能会迅速防御，将比特币的流动重新调整并抛弃其他加密货币。

Bitcoin is flirting with its all-time high, and the whole crypto market seems to be carried by a wind of optimism. But the signals remain mixed. Between rising altcoins and underlying tensions, the time calls less for celebration than for strategic vigilance.

比特币以其有史以来的高度调情，整个加密货币市场似乎都是由于乐观的风。但是信号仍然混杂。在上升的山寨币和潜在的紧张局势之间，时间要求庆祝的时间少于战略警惕。