比特币有史以来最长的条纹超过100000美元，现在延长至30天。

是的，的确。正如您一个月以来所说的那样。该范围的最高端是112的历史最高点。

The cryptocurrency market has been performing well in recent months, with Bitcoin remaining above the $100,000 mark for 31 days. This is the longest streak above the key psychological milestone.

近几个月来，加密货币市场的表现一直很好，比特币在31天内保持超过100,000美元。这是高于关键心理里程碑之上的最长条纹。

Bitcoin has been trading in a relatively tight range, with the upper end of the range being the all-time high of $112,000. The lower end of the range is around $90,000. This indicates that Bitcoin has been finding support at this level and is likely to remain in the $100,000s for the time being.

比特币的交易范围相对紧张，范围的上端是有史以来112,000美元的高价。该范围的下端约为90,000美元。这表明比特币一直在此水平上找到支持，并且可能暂时保留在100,000美元中。

The lack of movement in Bitcoin is surprising given the recent pessimism in the market. However, it is a testament to the strength of the cryptocurrency and the belief that it has in the long term.

鉴于市场最近的悲观情绪，比特币缺乏运动令人惊讶。但是，这证明了加密货币的强度及其长期的信念。

"It's been, as you said, over a month now. And the top end of that range is the all-time high of 112. So that's a pretty tight range for Bitcoin to stay in, you know, intraday for a whole month," said Andy Bear, managing director at Coindesk Indices.

Coindesk Indices董事总经理Andy Bear说：“正如您所说，现在已经一个月了。该系列的最高点是112的历史最高点。因此，这对于比特币来说，这是一个非常紧张的范围。

"Ur kind of shows a pause and the kind of new Bitcoin trading. We saw this earlier in the year during the tariff tantrum that we stayed between 82 and 88,000 more or less, or 80 and 88,000. Before that we were in the 90s for a long time. So Bitcoin is at this state of volatility and adoption, finding a new range, staying there, and then looking for a catalyst to either exit to the top or the bottom. So we're still there and no signs of exiting. We're right in the middle of that range."

“您的一种临时和新的比特币交易表现出来。我们在关税发脾气期间的早些时候看到了这一点，我们在82至88,000之间或多或少地停留在82到88,000之间，或80和88,000。在那之前，我们在90年代处于90年代的状态。因此，比特币在这种状态和领养状态，然后是一个新的范围，然后在这里寻找一个新的范围，或者在陪伴下，或者是一个迫切的范围，或者是一个迫切的范围，或者是一个迫切的范围，或者是一个迫切的范围，或者是一个迫切的范围，或者是一个迫切的范围。没有退出的迹象。”

Some of the other risk off sentiment from geopolitical stuff and from the uncertainty about interest rates is kind of leaving us in a position where short term, not quite sure about direction, but longer term, and we can talk about stable coins and other catalysts, you know, we feel a lot a lot more positive."

地缘政治内容以及对利率的不确定性的其他一些风险是使我们处于一个短期，不确定方向但长期的位置，我们可以谈论稳定的硬币和其他催化剂，您知道，我们会感到更加积极。”

In addition, the crypto fear and greed index is not at extreme levels of greed, which is surprising given how close Bitcoin is to all-time highs. This signals that there is still appetite for more upside in the market.

此外，加密恐惧和贪婪指数并不是贪婪的极端水平，这令人惊讶，因为比特币与历史最高水平的高度有多近。这表明仍然有更多市场上的优势。

"We're not at extreme levels of greed. Typically when we're in the 6,000 range or in the 5,000 range of the fear and greed index, you have a lot of people that are attending conferences, the smart money if you will, the big money that's out there, that is clearly acknowledging now that there needs to be a percentage of their clients' portfolios that needs to have some type of exposure," said Bear.

“我们并不是极端的贪婪。通常，当我们处于6,000范围或5,000范围的恐惧和贪婪指数范围时，您有很多人参加会议，如果您愿意的话，那是聪明的钱，那里的巨额资金，这显然可以承认，现在需要一百分之一的客户来敞开式曝光，bear say of bear say say say say say say say say say say。

Finally, Bear discussed the potential for a two trillion dollar stable coin market, which could be used to buy up US Treasuries.

最后，贝尔讨论了2万亿美元稳定的硬币市场的潜力，该市场可用于购买美国国库。

"Yeah, so so great for the government because they have a two trillion dollar customer for US Treasuries, Treasuries have become a chess piece in the in the trade wars, so that's good. Use of Solana, Ethereum, other blockchains, those stable coins have to trade on those blockchains. We don't know which ones are going to dominate. We like the Coindesk 20 index, which has a bunch of layer ones and a bunch of defi platforms on there so people can kind of buy the index and not have to pick winners or not have to think about timing. The significance about payments and and just, you know, abstraction of using stable coins for moving money around is hard to quantify. It's just, you know, I was on the floor of the New York Stock Exchange when Circle came. It was a blockbuster bell ringing, not the usual tea ceremony. You could tell that things were changing in a big way."

“是的，对政府来说是如此出色，因为他们为我们拥有两万亿美元的客户，国库已经成为贸易战中的国际象棋，所以很好。使用Solana，以太坊，其他区块链，那些稳定的硬币必须在这些区块上进行交易。我们不知道哪些人会占主导地位。因此，人们可以购买奖金，或者不必考虑付款的意义，而您知道，使用稳定的硬币来努力，我很难量化。

Overall, Bear's comments highlight the resilience of the crypto market and the potential for further gains in the months ahead. With major institutions and government bodies now entering the space, the possibilities for innovation and growth in the years to come are nearly limitless.

总体而言，贝尔的评论突出了加密货币市场的弹性，以及在未来几个月内获得进一步增长的潜力。随着主要机构和政府机构现在进入该空间，未来几年的创新和增长的可能性几乎是无限的。