今天的版本是通过Bitget带给您的--Bitget是发展最快的集中交易所之一。

通用这是牛奶路，是您对加密货币的作弊代码（我们给您不公平的优势）。

Today’s edition is brought to you by Bitget – one of the fastest growing centralized exchanges.

今天的版本是通过Bitget带给您的，这是增长最快的集中式交流之一。

Sign up to Bitget and access the platform

注册到bitget并访问平台

GM. This is Milk Road, your cheat code to crypto (we give you an unfair advantage).

通用这是牛奶路，是您对加密货币的作弊代码（我们给您不公平的优势）。

Here’s what we got for you today:

这是我们今天为您提供的：

✍️ What to look out for

✍️寻找什么

✍️ Stock trading is coming to Solana

✍️股票交易即将到达Solana

Solana has announced that it’s launching a platform to allow traditional companies to sell shares of stock directly onchain, in a move that could open the door for a new era of capital raising and trading.

索拉纳（Solana）宣布，它将启动一个平台，以允许传统公司直接出售股票，这一举动可以为筹集资金和交易的新时代打开大门。

🎙️ The Milk Road Show: Welcome to the Bull Market That Nobody Believes In (Plus Ethereum vs Solana) w/ Byron Gilliam

🎙️牛奶路展：欢迎来到没有人相信的牛市（加上以太坊与索拉纳）

Plus, we’ll be discussing:

另外，我们将讨论：

🍪 Why is Coinbase not investing in Bitcoin like Saylor?

🍪为什么Coinbase不再像Saylor这样的比特币投资？

Prices as of 2:00 PM ET. Click here for our Fear & Greed Index.

价格截至美国东部时间下午2:00。单击此处以获取我们的恐惧和贪婪索引。

WHAT TO LOOK OUT FOR THIS WEEK

本周要注意什么

1/ Trade war cease fire

1/贸易战停火

It has been a WILD ride of a morning! At ~4am, news broke of a 90 day reduction on tariffs between the US and China.

这是一个早晨的疯狂旅程！凌晨4点，新闻介绍了美国和中国之间关税的90天。

Source: @KobeissiLetter

资料来源：@kobeissiletter

Unfortunately, roughly 4hrs after the 90 day US-China tariff reduction was announced, the US Treasury Secretary, Scott Bessent, went and opened his big mouth:

不幸的是，在宣布降低90天的美国 - 中国关税后，大约4个小时，美国财政部长斯科特·贝森特（Scott Bessent）去了他的大嘴：

Keep your eyes peeled for clarification/consequences surrounding what that “unfortunate escalation” is – it could have the power to turn markets.

保持眼睛倾斜，以澄清/后果，围绕“不幸的升级”是什么 - 它可能有能力转向市场。

The silver lining: if crypto’s reaction to the 90 day pause is anything to go by – a reversal on the tariff cease fire may have very little effect.

一线希望：如果加密货币对90天停顿的反应是有什么需要的 - 关税停止火势的逆转可能几乎没有影响。

(Crypto markets hardly budged on the initial news of the pause).

（加密货币市场几乎没有引起暂停的最初消息）。

2/ Macro

2/宏

It’s a big week for macro data! Here’s what’s on the books:

这是宏观数据的重要一周！这是书中的内容：

Tuesday – April CPI Inflation data – How much did consumer goods go up in April?

星期二至4月的CPI通货膨胀数据 - 四月份消费品增加了多少？

Wednesday – OPEC Monthly Report – What issues are affecting the world's oil market?

星期三 - 欧佩克月度报告 - 哪些问题影响了世界石油市场？

Thursday – April PPI Inflation data - How much did wholesale goods go up in April?

星期四 - 4月PPI通货膨胀数据 - 四月批发商品增加了多少？

Thursday – April Retail Sales data - Were consumers still spending in April?

星期四 - 四月零售数据 - 消费者是否仍在4月花费？

Thursday – Fed Chair Powell Speaks - Will he hint at the Fed’s plans in this speech?

星期四 - 美联储主席鲍威尔（Powell）讲话 - 他会在这次演讲中暗示美联储的计划吗？

Friday – MI Consumer Sentiment data - A vibe check with consumers.

星期五 - MI消费者情感数据 - 与消费者的氛围检查。

We’ll be keeping a close eye on April’s CPI numbers to see if its trailing assessment of inflation is falling inline with Truflation’s real-time numbers. March’s CPI was 2.39%, while Truflation finished the month at 1.75% (and currently sits at 1.57%).

我们将密切关注四月的CPI数字，以了解其对通货膨胀的尾随评估是否与Truflation的实时数字截然不同。 3月份的CPI为2.39％，而Truflation的本月为1.75％（目前为1.57％）。

The closer CPI gets to catching up with Truflation and breaking 2%, the more likely rate cuts become.

CPI越来越接近truflation并破坏了2％，降低率的可能性就越大。

3/ Price points

3/价格点

If Bitcoin can find its way back to around $109K this week, we should see roughly $2B worth of shorts liquidated from the market.

如果比特币本周可以找到大约10.9万美元的左右，我们应该看到大约$ 2B从市场上清算的短裤。

Translation: $2B worth of Bitcoin will need to be purchased in order for leveraged traders to pay back their loans (and that kind of buy pressure typically equals “number go up”).

翻译：需要购买价值$ 2B的比特币，以便杠杆交易者偿还其贷款（这种买入压力通常等于“数字上升”）。

Source: @Ashcryptoreal

资料来源：@AshCryptoreal

4/ Events

4/活动

Monday: Byron Gilliam (Market Strategist at Blockworks) joins us live on The Milk Road Show

星期一：Byron Gilliam（Blockworks的市场策略师）与我们一起现场演出

Tuesday: The Milk Road Consensus Toronto (use code ‘MILKROAD’) Meetup is happening! Join here

星期二：牛奶路多伦多共识（使用代码“牛奶”）正在发生！加入这里

Wednesday: The Milk Road PRO Portfolio Update is happening live on Discord!

星期三：Milk Road Pro Protfolio更新正在发生在Discord上！

Thursday: Matt Hougan (CIO of Bitwise) joins us live on The Milk Road Show from Consensus

星期四：马特·霍根（Matt Hougan）（位于Bitwise的CIO）与我们一起在牛奶路展览会上与共识共同播放

Alright, that’s everything we’re looking at this week.

好吧，这就是我们本周所看的一切。

Mark your calendars and brace yourselves for potential volatility!

标记您的日历，并为潜在的波动做好准备！

WHY TRADERS ARE CHOOSING BITGET

为什么交易者选择Bitget

The centralized exchange (CEX) space is crowded…

集中式交流（CEX）空间拥挤……

There are tons of CEXs already and more continue to pop up every other week…

每隔一周，已经有大量的CEX弹出一次……

Yet, while the rest of the market chopped in Q1 2025, Bitget's trading volume shot up 159% - making it one of the fastest growing CEXs in 2025!

然而，尽管市场的其余部分在2025年第1季度被切碎，但Bitget的交易量却上涨了159％ - 使其成为2025年增长最快的CEX之一！

So, why are traders rushing to Bitget?

那么，为什么交易者急于打算呢？

Some of the lowest fees: 0.1%, reducible to 0.08% if you hold the BGB token

一些最低费用：0.1％，如果持有BGB令牌，则可降低为0.08％

High leverage: Up to 125x for all the degens

高杠杆：所有Degens最高125倍

Bitget Academy: Free guides and tutorials for all the not-so-degens

Bitget Academy：所有不太统计的免费指南和教程

Ready to see what the buzz is all about?

准备了解嗡嗡声的全部内容吗？

Sign up to Bitget and access the platform

注册到bitget并访问平台

STOCK TRADING COMING SOON TO SOLANA

股票交易即将推出到Solana

If you tear off a Toyota Corolla’s exterior and replace it with the body of a sports car – it’s still a Toyota

如果您撕下丰田卡罗拉的外观，然后用跑车的身体代替它 - 它仍然是丰田