加密公牛受到比特币（BTC）价格升至10,000美元以上

在过去的一周中，加密公牛队受到了勇敢的勇气

Crypto bulls were emboldened over the past week as improvements on the trade war front provided a boost to financial markets and helped Bitcoin climb back above $105,000 for the first time since late January.

在过去的一周中，加密公牛队受到了勇敢的勇气，因为贸易战线的改进为金融市场提供了推动力，并帮助比特币自1月下旬以来首次攀升至105,000美元以上。

Data provided by TradingView shows that after several failed attempts to break above $98,000, King Crypto surged past $100,000 on Thursday, and is now consolidating above the psychologically important level, with $102,000 acting as support.

TradingView提供的数据表明，在几次失败的尝试中断超过98,000美元之后，King Crypto周四飙升了100,000美元，现在正巩固高于心理上重要的水平，102,000美元的支持。

BTC/USD 1-day chart. Source: TradingView

BTC/1天图表。资料来源：TradingView

Multiple factors have contributed to Bitcoin's breakout rally, including heavy inflows into spot BTC ETFs and the rush to acquire by businesses, which have been the largest net buyers of Bitcoin so far this year.

多种因素促成了比特币的突破集会，包括大量流入BTC ETF和急于被企业收购，企业是今年迄今为止比特币最大的净购买者。

Businesses are the largest net buyer of bitcoin so far this year, lead by @Strategy which makes up 77% of the growth. pic.twitter.com/Bbj89gyk2h

企业是今年迄今为止最大的比特币净购买者，由@Strategy领导，占增长的77％。 pic.twitter.com/bbj89gyk2h

Strategy (formerly MicroStrategy) is by far the largest corporate crypto whale, accounting for 77% of all holdings, but the list of businesses accumulating BTC on their balance sheet is growing.

策略（以前是MicroStrategy）是迄今为止最大的公司加密鲸鱼，占所有股份的77％，但在资产负债表上积累BTC的企业清单正在增长。

In April, Bitwise reported that at least twelve public companies bought Bitcoin for the first time in Q1 2025. The amount of Bitcoin held on the books of publicly traded companies rose by 16% for the period, with more than 95,000 Bitcoin added to corporate portfolios. Notable newcomers to the Bitcoin market this year include video streaming platform Rumble, which made its first purchase in March, Hong Kong construction firm Ming Shing, and Hong Kong investment firm HK Asia Holdings Limited.

4月，Bitwise报道说，至少十二个上市公司在第1季度2025年首次购买了比特币。该期间，公共交易公司账面上持有的比特币数量上升了16％，其中95,000多名比特币添加到公司投资组合中。今年，比特币市场的著名新移民包括视频流平台Rumble，该平台于3月首次购买，香港建筑公司Ming Shing和香港投资公司HK Asia Holdings Limited。

As a result of increased purchases by businesses, Bitcoin has become deflationary, according to CryptoQuant founder and CEO Ki Young Ju.

CryptoQuant创始人兼首席执行官Ki Young Ju表示，随着企业购买的增加，比特币已变得放置。

#Bitcoin is deflationary.@Strategy is buying BTC faster than it's mined. Their 555K BTC is illiquid with no plans to sell. MSTR's holdings alone mean a -2.23% annual deflation rate—likely higher with other stable institutional holders. pic.twitter.com.png

#bitcoin是放气。@策略的购买BTC速度比开采的速度快。他们的555k BTC流动不足，没有出售的计划。仅MSTR的持股量就意味着每年的通气率为-2.23％ - 其他稳定的机构持有人也更高。 pic.twitter.com.png

While some analysts warn that BTC looks overheated and could see a pullback in the near term, overall, an extended rally is expected, with most predicting a peak between $125,000 and $140,000.

尽管一些分析师警告说，BTC看起来过热，并且可能会在短期内看到回调，但总体而言，预计将进行延长的集会，大多数人预计高峰在125,000美元至140,000美元之间。

Ethereum Rebound Hints at Approaching Altseason

以太坊反弹提示即将接近Altseason

It wasn’t just Bitcoin that enjoyed a bullish run-up over the past week, as altcoins, including Ethereum (ETH), exploded higher, with Ether recording a 44.5% gain.

在过去一周中，比特币不仅享受了看涨的起作用，而且包括以太坊（ETH）在内的山寨币爆炸了，以太币的收益增长了44.5％。

ETH/USD 1-day chart. Source: TradingView

ETH/1天图表。资料来源：TradingView

The spike higher followed the successful launch of Ethereum's Pectra upgrade on its mainnet, which improved the storage of layer-2 scaling data, validator user experience, and smart account wallet user experience features.

峰值更高，随后以太坊的Pectra升级成功启动了其主网，该升级升级了2层缩放数据，验证器用户体验和智能帐户钱包用户体验功能的存储。

As a result of Ether's performance, the token broke the long-running downtrend on the ETH/BTC chart, a development many analysts had been anticipating for some time.

由于Ether的性能，代币打破了ETH/BTC图表上长期运行的下降趋势，许多分析师已经期待了一段时间。

ETH/BTC 1-day chart. Source: TradingView

ETH/BTC 1天图表。资料来源：TradingView

At the time of writing, Ether trades at $2,650, with many analysts speculating that a run toward $10,000 will happen in the coming months.

在撰写本文时，以太交易价格为2,650美元，许多分析师猜测将在未来几个月内朝10,000美元运行。

While Bitcoin's 7% rally over the past week was impressive, altcoins in the top 50 vastly outperformed the top dog, stoking hopes that an altseason – defined as periods when 75% of the top 50 altcoins outperform Bitcoin over a rolling 90-day time frame – is on the horizon.

尽管过去一周比特币的7％集会令人印象深刻，但前50名中的山寨币胜过顶级狗，但希望的是，在前50名替代币中有75％以比90天的时间范围优于比特币中的75％的altseason（定义为时期）。

Strong bearish divergence on the weekly timeframe indicating that the #Bitcoin dominance has peaked. The end of the bear market for #Altcoins. pic.twitter.com/rxLR

在每周的时间范围内强烈的看跌差异表明#bitcoin的主导地位已达到顶峰。 #altcoins熊市的终结。 pic.twitter.com/rxlr

According to the Altcoin Season Index, the recent market surge signals a potential shift away from Bitcoin dominance, and altcoins may soon begin to outperform.

根据Altcoin季节指数，最近的市场激增标志着从比特币优势统治的可能转变，而Altcoins可能很快开始跑赢大盘。

Altcoin season index. Source: Blockchain Center

Altcoin季节指数。资料来源：区块链中心

Another sign of the growing appeal of altcoins is Tether (USDt) dominance, which has dropped to its lowest level since early February, at 4.53% on May 13.

替补币越来越上吸引力的另一个迹象是Tether（USDT）优势，自2月初以来，它已下降到最低水平，在5月13日下降到4.53％。

With both Bitcoin and Tether dominance falling while the total crypto market cap rises, it suggests that traders are starting to allocate towards alts ahead of the anticipated rally, which some say will be the most impressive altseason to date.

随着比特币和系绳的统治地位下降，而总加密货币市值则上升，这表明交易者开始在预期的集会之前分配给Alts，有人说这将是迄今为止最令人印象深刻的Altseason。

The biggest #ALTSEASON ever is about to start pic.twitter.com/vI30nmw1v9

有史以来最大的#altseason即将开始pic.twitter.com/vi30nmw1v9

Only time will tell how it all shakes out in the end, but if the performance over the past week is any indication, the second half of 2025 could be exciting for crypto holders.

只有时间才能说明一切最终如何发挥作用，但是如果过去一周的表现有任何迹象，那么2025年下半年对于加密货币持有人来说可能会令人兴奋。