{:tw}聯準會主席鮑威爾：加密貨幣正在成為主流 聯準會主席鮑威爾在近日講話中表示，加密貨幣正在成為主流。他指出，聯準會已經在與國會聯合製定穩定幣的監管框架，並加強消費者保護措施。 比特幣現貨大戶持幣觀望，借貸市場仍在等待復甦 4 月 16 日，Greeks.live 的宏觀分析師 Adam 表示，比特幣現貨大戶正處於觀望狀態。儘管借貸市場中偶有高利率訂單出現，但整體情緒仍較為謹慎，參與者仍需持續保持耐心。 比特幣結算將會佔全球貿易結算的 10% VanEck 數位資產研究主管 Matthew Sigel 指出，由於規避美國制裁和 SWIFT 系統風險，主流法幣在跨境支付中正在持續貶值。他預測比特幣結算將佔據全球貿易結算份額的 10%，並促使各國央行將 2.5% 的儲備配置為比特幣以用於結算。 比特幣價格可能會進入長期盤整階段 10x Research 的 Markus Thielen 警告稱，比特幣可能正在進入長期盤整階段，其鏈上的數據表現偏空，且隨機震盪指標顯示起正處於週期末期。他預計比特幣價格將在 73,000 至 94,000 美元之間波動，這與分析師 Cory Klippsten 的看法相左，Klippsten 表示 6 月之前比特幣價格可能會創下新高。 2025 年黃金基金流入 800 億美元資金，比特幣 ETF 資產卻下滑 2025 年黃金基金錄得創紀錄的 800 億美元流入，而比特幣 ETF 資產則從年初的 1,060 億美元降至 920 億美元。黃金年初至今上漲 22%，創下 52 次歷史新高，進一步鞏固全球避險資產地位。 超 4.67 億美元的比特幣從交易所轉出 4 月 16 日，IntoTheBlock 報告顯示，超過 4.67 億美元的比特幣從交易所轉出，顯示投資者在市場不確定性下將資產轉入長期存儲，持續展現強勁的累積行為。{:}{:zh}美联储主席鲍威尔：加密货币正在成为主流 美联储主席鲍威尔在近日讲话中表示，加密货币正在成为主流。他指出，美联储已经在与国会联合制定稳定币的监管框架，并加强消费者保护措施。   比特币现货大户持币观望，借贷市场仍在等待复苏 4 月 16 日，Greeks.live 的宏观分析师 Adam 表示，比特币现货大户正处于观望状态。尽管借贷市场中偶有高利率订单出现，但整体情绪仍较为谨慎，参与者仍需继续保持耐心。   比特币结算将会占全球贸易结算的 10% VanEck 数字资产研究主管 Matthew Sigel 指出，由于规避美国制裁和 SWIFT 系统风险，主流法币在跨境支付中正在持续贬值。他预测说比特币结算将占据全球贸易结算份额的 10%，并促使各国央行将 2.5% 的储备配置为比特币以用于结算。   比特币价格可能会进入长期盘整阶段 10x Research 的 Markus Thielen 警告称，比特币可能正在进入长期盘整阶段，其链上的数据表现偏空，且随机震荡指标显示起正处于周期末期。他预计比特币价格将在 73,000 至 94,000 美元之间波动，这与分析师 Cory Klippsten 的看法相左，Klippsten 表示 6 月之前比特币价格可能会创下新高。   2025 年黄金基金流入 800 亿美元资金，比特币 ETF 资产却下滑 2025 年黄金基金录得创纪录的 800 亿美元流入，而比特币 ETF 资产则从年初的 1060 亿美元降至 920 亿美元。黄金年初至今上涨 22%，创下 52 次历史新高，进一步巩固其全球避险资产地位。   超 4.67 亿美元的比特币从交易所转出 4 月 16 日，IntoTheBlock 报告显示，超过 4.67 亿美元的比特币从交易所转出，表明投资者在市场不确定性下将资产转入长期存储，持续展现出强劲的累积行为。{:}{:en}Fed Chairman Powell: Cryptocurrency is becoming mainstream Fed Chairman Powell said in a recent speech that cryptocurrency is becoming mainstream. He pointed out that the Fed has been working with Congress to develop a regulatory framework for stablecoins and strengthen consumer protection measures.   Bitcoin spot big players are holding their coins and waiting, and the lending market is still waiting…...

{:tw}4 月 13 日，比特幣價格觸及 11 天來的最高點，首次突破 86,000 美元。其價格的飆升主要歸因於美國關稅政策的變化，特別是美國總統川普決定將部分關鍵產品從針對中國的關稅中排除。這項舉措立即對加密貨幣市場產生了積極影響，吸引了交易員和投資者的注意。 比特幣價格的上漲與金融市場的走勢密切相關，傳統市場的反彈為加密市場提供了上漲基礎。儘管關稅政策的變化利好加密市場，但週末之後，比特幣的價格又出現了波動，因為傳統市場處於閉市狀態，導致流動性下降並加劇了價格波動。截至到週末結束時，比特幣價格回落至 84,000 美元以下，這讓一些交易員開始質疑其當週漲幅是否能夠維繫。 在這次反彈過程中，分析師指出比特幣 200 日均線（EMA）在 85,000 美元這一關鍵點位有著十分重要的作用。由於週末的波動性增加以及即將公佈的關稅豁免和科技大公司的財報等多方因素，加密市場的不確定性仍然很大。週末期間，加密市場的流動性較低也進一步加劇了比特幣價格的波動幅度。 目前並非所有的交易員都相信這一漲幅能夠長期持續。一位知名交易員 Peter 表示，從近期比特幣價格低點的反彈走勢來看，這波上漲更具修正性而非衝動性，顯示這可能不是真正的上漲突破。這種謹慎的態度反映了交易者對比特幣能否維持上漲動能有較大疑慮。 另一方面，分析師 Rekt Capital 保持著謹慎樂觀的態度，他強調自 2024 年底以來，比特幣價格已形成長期的日線下行趨勢。儘管最近幾次比特幣價格短暫突破了這一一下行趨勢，但 Rekt Capital 強調，仍舊需要成功的回測才能確認突破，長期的下行趨勢仍然是比特幣牛市潛力的關鍵障礙，交易員們將密切關注未來幾天是否能夠突破這一阻力位。{:}{:zh}4 月 13 日，比特币价格触及 11 天来的最高点，首次突破 86,000 美元。其价格的飙升主要归因于美国关税政策的变化，特别是美国总统特朗普决定将部分关键产品从针对中国的关税中排除。这一举措立即对加密货币市场产生了积极影响，吸引了交易员和投资者的关注。   比特币价格的上涨与金融市场的走势密切相关，传统市场的反弹为加密市场提供了上涨基础。尽管关税政策的变化利好加密市场，但周末之后，比特币的价格又再次出现了波动，因为传统市场处于闭市状态，导致流动性下降并加剧了价格波动。截至到周末结束时，比特币价格回落至 84,000 美元以下，这让一些交易员开始质疑其当周涨幅是否能够维系。   在此次反弹过程中，分析师指出比特币 200 日均线（EMA）在 85,000 美元这一关键点位有着十分重要的作用。由于周末的波动性增加以及即将公布的关税豁免和科技大公司的财报等多方因素，加密市场的不确定性依然很大。周末期间，加密市场的流动性较低也进一步加剧了比特币价格的波动幅度。   当前并非所有的交易员都相信这一涨幅能够长期持续。一位知名交易员 Peter 表示，从近期比特币价格低点的反弹走势来看，这波上涨更具修正性而非冲动性，表明这可能并不是真正的上涨突破。这种谨慎的态度反映了交易员对比特币能否维持上涨动能存在较大疑虑。   另一方面，分析师 Rekt Capital 保持着谨慎乐观的态度，他强调自 2024 年底以来，比特币价格已形成长期的日线下行趋势。尽管最近几次比特币价格短暂突破了这一下行趋势，但 Rekt Capital 强调，仍旧需要成功的回测才能确认突破，长期的下行趋势仍然是比特币牛市潜力的关键障碍，交易员们将密切关注未来几天是否能够突破这一阻力位。{:}{:en}On April 13, Bitcoin hit an 11-day high, breaking through $86,000 for the first time. The surge in its price was largely attributed to changes in U.S. tariff policy, specifically President Trump’s decision to exclude some key products from tariffs against China. This move had an immediate positive impact on the cryptocurrency market, attracting the attention of traders and investors. The rise in Bitcoin prices is closely related to the trend of financial markets, and the rebound in traditional markets provides a basis for the rise in crypto markets. Although the change in tariff policy is positive for the crypto market, Bitcoin prices fluctuated again after the weekend, as traditional markets were closed, resulting in reduced liquidity and increased price volatility. By the end of the weekend, Bitcoin prices fell back below $84,000, causing some traders to question whether its weekly gains…...

{:tw}川普將在周一宣布新的半導體關稅政策 4 月 13 日，美國總統川普表示，他將在周一宣布最新版的半導體關稅政策。   美國將在未來幾週與多個國家完成關稅協議的談判 4 月 13 日，美國貿易代表 Tai 討論了電子產品的關稅豁免政策將如何從互惠關稅轉向以國家安全為重點的關稅。並強調美國在半導體供應鏈問題上需要謹慎，她預計將在未來幾週與多個國家達成重要的關稅協議談判。   本週展望：鮑威爾將於本週四在芝加哥經濟俱樂部發表講話 週一：美國總統川普宣布最新版的半導體關稅政策； 週二：費城聯邦儲備銀行主席哈克和亞特蘭大聯邦儲備銀行主席博斯蒂克將討論聯準會的角色與貨幣政策； 週四：聯準會主席鮑威爾將在芝加哥經濟俱樂部發表講話，美國將發布當週的初請失業金數據； 週五：美國紐約證券交易所休市。   美國參議員：加密貨幣市場結構法案將在 8 月通過 美國參議院銀行委員會主席 Tim Scott 對外表示，預計加密貨幣市場結構法案將在 2025 年 8 月成為新的法條。他指出，美國參議院銀行委員會在 2025 年 3 月推進了 GENIUS 法案——一項全面的穩定幣監管法案，表明該委員會正在集中關注加密貨幣市場的相關政策。   Strategy 創辦人 Michael Saylor 發布比特幣追蹤圖表 4 月 13 日，Strategy 創始人 Michael Saylor 在 X 平台上分享了比特幣追蹤圖表的詳情，稱其「橙色點位上沒有關稅」。 Strategy 通常會在相關新聞發布後的第二天披露增持比特幣的資訊。   CryptoQuant：BTC 鯨魚仍在繼續持有，市場處於多頭修正期 CryptoQuant 在 X 平台上表示，BTC 鯨魚仍在繼續持有比特幣，其行為類似於去年 8 月至 9 月期間橫盤整理時的累積階段，因此比特幣可能正處於牛市修正期。{:}{:zh}特朗普将在周一公布新的半导体关税政策 4 月 13 日，美国总统特朗普表示，他将在周一宣布最新版的半导体关税政策。   美国将在未来几周与多个国家完成关税协议的谈判 4 月 13 日，美国贸易代表 Tai 讨论了电子产品的关税豁免政策将如何从互惠关税转向以国家安全为重点的关税。并强调说美国在半导体供应链问题上需要谨慎，她预计将在未来几周与多个国家达成重要的关税协议谈判。   本周展望：鲍威尔将于本周四在芝加哥经济俱乐部发表讲话 周一：美国总统特朗普宣布最新版的半导体关税政策； 周二：费城联储主席哈克和亚特兰大联储主席博斯蒂克将讨论美联储的角色与货币政策； 周四：美联储主席鲍威尔将在芝加哥经济俱乐部发表讲话，美国将发布当周的初请失业金数据； 周五：美国纽约证券交易所休市。   美国参议员：加密货币市场结构法案将在 8 月份通过 美国参议院银行委员会主席 Tim Scott 对外表示，预计加密货币市场结构法案将在 2025 年 8 月成为新的法条。他指出，美国参议院银行委员会在 2025 年 3 月推进了 GENIUS 法案——一项全面的稳定币监管法案，表明该委员会正在集中关注加密货币市场的相关政策。   Strategy 创始人 Michael Saylor 发布比特币追踪图表 4 月 13 日，Strategy 创始人 Michael Saylor 在 X 平台上分享了比特币追踪图表的详情信息，称其“橙色点位上没有关税”。Strategy 通常会在相关新闻发布后的第二天披露增持比特币的信息。   CryptoQuant：BTC 鲸鱼仍在继续持有，市场处于牛市修正期 CryptoQuant 在 X 平台上表示，BTC 鲸鱼仍在继续持有比特币，其行为类似于去年 8 月至 9 月期间横盘整理时的积累阶段，因此比特币可能正处于牛市修正期。{:}{:en}Trump will announce new semiconductor tariff policy on Monday On April 13, US President Trump said he would announce the latest version of the semiconductor tariff policy on Monday.   The United States will complete negotiations on tariff agreements with multiple countries in the coming weeks On April 13, US Trade Representative Tai discussed how the tariff exemption policy for electronic products will shift from reciprocal tariffs to tariffs…...

{:tw}4 月 9 日，比特幣價格從近期低點 74,300 美元處迅速反彈，最高觸及 83,565 美元，這一反彈走勢主要得益於美國總統川普暫停加徵關稅的決定。然而儘管有該利好刺激市場情緒，但比特幣價格在 83,500 美元處遭遇強大阻力，并快速回撤至 81,000 美元左右。 需要注意的是，川普暫停關稅的決定並未包含中國商品，相反他還要對來自中國的進口商品加徵關稅至 125% ，這種前後矛盾的信號引發了風險資產的劇烈波動，投資者情緒也在短暫轉好之後再次下降。比特幣價格也因此再次短時跌破 8 萬美元。 之後，中國宣布了反制措施，並自 4 月 10 日起對美國進口商品徵收 84% 的關稅。市場觀察家表示，若中美未能在 90 天內就關稅問題達成初步協議，關稅戰可能會再次升級，這將再次衝擊風險市場，比特幣價格也會再次快速走低。就像前一輪比特幣價格快速跌破 8 萬美元一樣，如若未能達成和解，比特幣或將再破短期內的價格新低。加密市場這種與科技股的高度關聯性也反映出該市場在動盪時期的脆弱性。 宏觀經濟高風險性加劇，通膨與經濟衰退的風險也逐日增加，著再度影響了比特幣價格的未來走向。投資人對大國央行可能升息或收緊貨幣政策保持高度警惕，而這類緊縮措施往往會削弱市場對高風險資產的興趣。由於比特幣價格仍在 8 萬至 9 萬美元之間震盪，任何突發的經濟政策都會重重影響加密市場的未來方向。 從技術角度來看，比特幣價格正處於關鍵支撐區域。 Glassnode 數據顯示，比特幣已經失守 111 日和 200 日均線，分別位於 93,000 美元和 87,000 美元。目前 76,000 美元的 365 日均線已成為阻止比特幣價格進一步下跌的最後一道防線。若無法守住該水平，比特幣可能會迎來新一輪的下行趨勢。而若能重新站穩 93,000 美元，可能成為反彈的重要訊號。 分析師警告稱，如果比特幣價格無法維持在 8 萬美元以上，那麼市場信心將會受到重創，並導致其價格進一步下跌。 Glassnode 指出，65,000 至 71,000 美元的價格區間是多個鏈上模型匯聚的關鍵支撐帶，若市場拋壓加劇，則該區間可能會成為下一道重要防線。若跌破 365 日指數移動平均線，比特幣價格可能會測試 71,000 美元的實現價格，甚至觸及 65,000 美元的市場長期均值。目前市場參與者正密切關注宏觀因素和技術水平，以判斷比特幣價格是重新走強，還是將繼續下探。{:}{:zh}4 月 9 日，比特币价格从近期低点 74,300 美元处迅速反弹，最高触及 83,565 美元，这一反弹走势主要得益于美国总统特朗普暂停加征关税的决定。然而尽管有该利好刺激市场情绪，但比特币价格在 83,500 美元处遭遇强大阻力，并快速回撤至 81,000 美元左右。 需要注意的是，特朗普暂停关税的决定并未包含中国商品，相反他还要对来自中国的进口商品加征关税至 125% ，这种前后矛盾的信号引发了风险资产的剧烈波动，投资者情绪也在短暂转好之后再次下降。比特币价格也因此再次短时跌破 80,000 美元。 之后，中国宣布了反制措施，并从自 4 月 10 日起对美国进口商品征收 84% 的关税。市场观察人士表示，若中美未能在 90 天内就关税问题达成初步协议，关税战可能会再次升级，这将再次冲击风险市场，比特币价格也会再次快速走低。就像前一轮比特币价格快速跌破 80,000 美元一样，如若未能达成和解，比特币或将再破短期内的价格新低。加密市场这种与科技股的高度关联性也反映出该市场在动荡时期的脆弱性。 宏观经济高风险性加剧，通胀与经济衰退的风险也在逐日增加，着再度影响了比特币价格的未来走向。投资者对大国央行可能加息或收紧货币政策保持着高度警惕，而这类紧缩措施往往会削弱市场对高风险资产的兴趣。由于比特币价格仍在 80,000 至 90,000 美元之间震荡，任何突发性的经济政策都将会重重影响加密市场的未来走向。 从技术角度来看，比特币价格正处于关键支撑区域。Glassnode 数据显示，比特币已经失守 111 日和 200 日均线，分别位于 93,000 美元和 87,000 美元。当前 76,000 美元的 365 日均线已成为阻止比特币价格进一步下跌的最后一道防线。若无法守住该水平，比特币可能会迎来新一轮的下行趋势。而若能重新站稳 93,000 美元，则可能成为反弹的重要信号。 分析师警告称，如果比特币价格无法维持在 80,000 美元以上，那么市场信心将会受到重创，并导致其价格进一步下跌。Glassnode 指出，65,000 至 71,000 美元的价格区间是多个链上模型汇聚的关键支撑带，若市场抛压加剧，则该区间可能会成为下一道重要防线。若跌破 365 日指数移动平均线，比特币价格可能会测试 71,000 美元的实现价格，甚至触及 65,000 美元的市场长期均值。目前市场参与者正在密切关注宏观因素和技术水平，以判断比特币价格是重新走强，还是将继续下探。{:}{:en}On April 9, the price of Bitcoin rebounded rapidly from the recent low of $74,300, reaching a high of $83,565. This rebound trend was mainly due to the decision of US President Trump to suspend the imposition of tariffs. However, despite the positive stimulus to market sentiment, the price of Bitcoin encountered strong resistance at $83,500 and quickly retreated to around $81,000. It should be noted that Trump's decision to suspend tariffs did not include Chinese…...

{:tw}美國 SEC 發布加密資產證券的揭露新指引 美國證券交易委員會（SEC）公司融資部發布聲明，該聲明概述了在加密資產市場中發行和註冊證券所需的揭露要求。聲明還指出，這些證券可能涉及與網路、應用程式或加密貨幣資產相關的股權或債務。   川普簽署法案推翻 IRS 針對 DeFi 經紀商的規定 近日，美國總統川普簽署了一項決議，廢除了拜登時代的加密稅務規定。該規定要求託管型經紀商向美國國稅局（IRS）報告用戶交易並發出 1099 表格。 現貨黃金價格創下歷史新高 4 月 10 日，現貨黃金價格進一步上漲，突破先前每盎司 3167.59 美元的紀錄，創下每盎司 3167.67 美元的歷史新高。 超 85% 的比特幣持幣者仍處於獲利狀態 根據 IntoTheBlock 4 月 10 日的報告，儘管本週比特幣價格再次下跌，但超 85% 的持幣者仍然處於盈利狀態。   灰階：關稅和貿易的緊張局勢可能會推動比特幣的採用 灰階發布的報告指出，關稅和貿易的緊張局勢可能會促進比特幣的採用。報告認為，關稅的上升可能會引發滯脹，這對傳統資產不利，但有利於黃金和比特幣等稀缺資產，使其在經濟不確定時期成為有吸引力的替代方案。 高盛：經濟放緩可能促使聯準會重啟降息週期 高盛資產管理公司固定收益與流動性解決方案聯席主管 K. Heg 表示，聯準會預計將對 CPI 數據作出謹慎回應。如果經濟放緩程度超出預期，可能促使聯準會重啟寬鬆週期，甚至逆轉當前的貨幣政策以支持成長。{:}{:zh}特朗普签署法案推翻 IRS 针对 DeFi 经纪商的规定 近日，美国总统特朗普签署了一项决议，废除了拜登时代的加密税务规定。该规定要求托管型经纪商向美国国税局（IRS）报告用户交易并出具 1099 表格。   美国 SEC 发布加密资产证券的披露新指引 美国证券交易委员会（SEC）公司融资部发布声明，该声明概述了在加密资产市场中发行和注册证券所需的披露要求。声明还指出，这些证券可能涉及与网络、应用程序或加密货币资产相关的股权或债务。   现货黄金价格创下历史新高 4 月 10 日，现货黄金价格进一步上涨，突破之前每盎司 3167.59 美元的纪录，创下每盎司 3167.67 美元的历史新高。   超 85% 的比特币持币者仍处于盈利状态 根据 IntoTheBlock 4 月 10 日的报告，尽管本周比特币价格再次下跌，但超 85% 的持币者仍然处于盈利状态。   灰度：关税和贸易的紧张局势可能会推动比特币的采用 灰度发布的报告指出，关税和贸易的紧张局势可能会促进比特币的采用。该报告认为，关税的上升可能会引发滞胀，这对传统资产不利，但有利于黄金和比特币等稀缺资产，使其在经济不确定时期成为有吸引力的替代选择。   高盛：经济放缓可能促使美联储重启降息周期 高盛资产管理公司固定收益与流动性解决方案联席主管 K. Heg 表示，美联储预计将对 CPI 数据作出谨慎回应。如果经济放缓程度超出预期，可能促使美联储重启宽松周期，甚至逆转当前的货币政策以支持增长。{:}{:en}Trump signs bill to overturn IRS regulations on DeFi brokers Recently, US President Trump signed a resolution to repeal the Biden-era crypto tax regulations. The regulations require custodial brokers to report user transactions to the IRS and issue 1099 forms.   US SEC releases new disclosure guidelines for crypto asset securities The US Securities and Exchange Commission (SEC) Corporate Finance Division issued a statement outlining the disclosure requirements required for issuing and registering securities in the crypto asset market. The statement also stated that these securities may involve equity or debt related to networks, applications or cryptocurrency assets.   Spot gold prices hit a record high On April 10, spot gold prices rose…...

{:tw}近日，美國總統川普宣布對部分國家暫停加徵關稅，這一利好消息迅速提振了市場信心，比特幣價格因此上至 8.1 萬美元 ，分析師表示，如果關稅戰徹底結束或進入新的冷靜期，比特幣價格或有望再次漲至 10 萬美元。 4 月 9 日，BTC/USD 匯率飆升了 9% 左右，收復了本週早些時候的大部分跌幅。這次反彈將比特幣價格重新推回至 83,000 美元附近，該位置與自 2024 年 12 月以來形成的下降楔形形態的上邊界相吻合，這種技術形態通常被視為看漲信號，一旦突破，往往就預示著趨勢的反轉。 下降楔形是一種價格區間逐漸收窄的形態，由兩條下降且逐漸匯聚的趨勢線構成。在技​​術分析中，這種形態顯示市場賣壓正在減弱。一旦價格突破楔形的上邊界，通常會引發一波上漲，漲幅大致等於兩條趨勢線之間的最大距離。 在 4 月 9 日之前，比特幣價格仍處於楔形結構之內，但正在測試靠近 83,000 美元的上邊界。一旦在此突破，可能會為比特幣價格的進一步上漲打開空間，其目標預計將在 6 月重新衝擊 10 萬美元。然而，若突破失敗並遭遇回落，則可能回撤至楔形頂點附近的 71,100 美元，屆時可能會再次積蓄上漲動能。 近日比特幣價格的反彈正值其處於 65,000 至 71,000 美元的關鍵支撐區間，這一區間代表的是市場活躍參與者的平均持倉成本（剔除長時間未動或丟失的幣），能夠較好的反映出投資者的信心。再結合技術面的看漲楔形形態，這些訊號共同支持比特幣重返六位數價格目標的短期願景。{:}{:zh}近日，美国总统特朗普宣布对部分国家暂停加征关税，这一利好消息迅速提振了市场信心，比特币价格因此上至 8.1 万美元 ，分析师表示，如果关税战彻底结束或进入新的冷静期，比特币价格或有望再次涨至 10 万美元。   4 月 9 日，BTC/USD 汇率飙升了 9% 左右，收复了本周早些时候的大部分跌幅。这次反弹将比特币价格重新推回至 83,000 美元附近，该位置与自 2024 年 12 月以来形成的下降楔形形态的上边界相吻合，这种技术形态通常被视为看涨信号，一旦突破，往往就预示着趋势的反转。   下降楔形是一种价格区间逐渐收窄的形态，由两条下降且逐渐汇聚的趋势线构成。在技术分析中，这种形态表明市场卖压正在减弱。一旦价格突破楔形的上边界，通常会引发一波上涨，涨幅大致等于两条趋势线之间的最大距离。   在 4 月 9 日之前，比特币价格仍处于楔形结构之内，但正在测试靠近 83,000 美元的上边界。一旦在此突破，可能会为比特币价格的进一步上涨打开空间，其目标有望在 6 月份重新冲击 10 万美元。然而，若突破失败并遭遇回落，则可能回撤至楔形顶点附近的 71,100 美元，届时可能会再次积蓄上涨动能。   近日比特币价格的反弹正值其处于 65,000 至 71,000 美元的关键支撑区间，这一区间代表的是市场活跃参与者的平均持仓成本（剔除长时间未动或丢失的币），能够较好的反映出投资者的信心。再结合技术面的看涨楔形形态，这些信号共同支持比特币重返六位数价格目标的短期愿景。{:}{:en}Recently, US President Trump announced a suspension of tariffs on some countries. This good news quickly boosted market confidence, and the price of Bitcoin rose to $81,000. Analysts said that if the tariff war ends completely or enters a new cooling-off period, the price of Bitcoin may rise to $100,000 again. On April 9, the BTC/USD exchange rate soared by about 9%, recovering most of the losses earlier this week. The rebound pushed the price of Bitcoin back to around $83,000, which coincides with the upper boundary of the descending wedge pattern formed since December 2024. This technical pattern is usually regarded as a bullish signal. Once it is broken, it often indicates a reversal of the trend. The descending wedge is…...

{:tw}川普宣布暫停關稅 90 天，加密貨幣價格飆升 川普宣布暫停關稅 90 天，這引發了加密貨幣市場的強勁反彈，並引發總計 5.87 億美元的合約清算，其中包括 3.74 億美元的空頭合約部位。   川普延遲課稅後債券市場風頭突變 在川普宣布推遲徵收關稅後，債券市場發生了明顯變化。川普指出，早前的關稅擔憂曾推高長期收益率，但現在已回落。他稱債券市場“很美”，並強調將密切關注市場情緒變化後的動態。 CFTC 修訂加密資產監管策略，終結訴訟導向方式 CFTC 代理主席 Caroline D. Pham 支持司法部結束透過訴訟監管加密貨幣的決定。她指示 CFTC 在數位資產案件中，若被告缺乏主觀違規意圖，不應僅依據《商品交易法》中的註冊違規進行起訴，標誌監管策略轉向了更清晰的路徑。   聯準會會議紀錄：在經濟不確定下維持利率不變 聯準會會議紀錄顯示，由於經濟存在較高的不確定性，所有與會者都一致支持維持現有利率不變，但大多數官員擔心通膨壓力的持續時間可能會超出預期。 Paul Atkins 確認出任 SEC 主席，專注於推動數位資產監管 美國參議院以 52 票對 44 票的結果通過美國總統川普對 SEC 新任主席的提名，並確認 Paul Atkins 將會出任證券交易委員會（SEC）主席一職。 Paul Atkins 強調，建立數位資產的監管框架將是其上任後的首要任務。他的顧問公司曾為加密貨幣交易所和去中心化金融（DeFi）平台提供多項服務。   川普暫停關稅的做法助推了風險資產的瘋狂上漲 牛津經濟研究院的 John Canavan 指出，川普關於關稅的陳述十分含糊，可能會暫停或將稅率降至 10%。儘管最嚴重的關稅威脅已被取消，有利於風險資產，但關稅未來走向仍存不確定性，限制了市場信心的進一步增強。{:}{:zh}特朗普宣布暂停关税 90 天，加密货币价格飙升 特朗普宣布暂停关税 90 天，这引发了加密货币市场的强劲反弹，并引发总计 5.87 亿美元的合约清算，其中包括 3.74 亿美元的空头合约仓位。   特朗普延迟征税后债券市场风头突变 在特朗普宣布推迟征收关税后，债券市场发生了明显变化。特朗普指出，早前的关税担忧曾推高长期收益率，但现在已回落。他称债券市场“很美”，并强调将密切关注市场情绪变化后的动态。   CFTC 修订加密资产监管策略，终结诉讼导向方式 CFTC 代理主席 Caroline D. Pham 支持司法部结束通过诉讼监管加密货币的决定。她指示 CFTC 在数字资产案件中，若被告缺乏主观违规意图，不应仅依据《商品交易法》中的注册违规进行起诉，标志监管策略转向了更清晰的路径。   美联储会议纪要：在经济不确定下维持利率不变 美联储会议纪要显示，由于经济存在较高的不确定性，所有与会者都一致支持维持现有利率不变，但大多数官员担心通胀压力的持续时间可能会超出预期。   Paul Atkins 确认出任 SEC 主席，重点推进数字资产监管 美国参议院以 52 票对 44 票的结果通过美国总统特朗普对 SEC 新任主席的提名，并确认 Paul Atkins 将会出任证券交易委员会（SEC）主席一职。Paul Atkins 强调，建立数字资产的监管框架将是其上任后的首要任务。他的咨询公司曾为加密货币交易所和去中心化金融（DeFi）平台提供多项服务。   特朗普暂停关税的做法助推了风险资产的疯狂上涨 牛津经济研究院的 John Canavan 指出，特朗普关于关税的表述十分含糊，可能会暂停或将税率降低至 10%。尽管最严重的关税威胁已被取消，有利于风险资产，但关税未来走向仍存不确定性，限制了市场信心的进一步增强。{:}{:en}Trump announces 90-day tariff suspension, cryptocurrency prices soar Trump's announcement of a 90-day tariff suspension triggered a strong rebound in the cryptocurrency market and triggered a total of $587 million in contract liquidations, including $374 million in short contract positions. Bond market suddenly changed after Trump delayed tax collection The bond market has changed significantly after Trump announced the postponement of tariffs. Trump pointed out that earlier tariff concerns had pushed long-term yields higher, but now they have fallen back. He called the bond market "beautiful" and emphasized that he would closely monitor the dynamics after the change in…...

{:tw}自 2024 年 11 月 9 日以來，比特幣價格首次連續三天收盤價低於 80,000 美元支撐位，在全球宏觀經濟不確定性加劇和市場波動性上升的背景下，這一恐慌性下跌加劇了投資者的謹慎情緒。 過去一週內，比特幣價格下跌了 5.6%，但同一時期比特幣期貨交易量卻激增了 64%。通常來說，期貨交易量的上升表示投機興趣的回暖，或是交易者正在採取對沖策略。也顯示市場的緊張情緒正在快速上升，投資者在震盪事情加快了交易操作。值得注意的是，比特幣未平倉合約（OI）在過去兩週內下降了 19%。 交易量上升未平倉合約卻在下降，說明多數交易者選擇了平倉而非繼續持倉。這趨勢可能源自於獲利了結，或是在市場短期看跌的情緒下選擇規避風險。僅在 4 月 6 日至 8 日之間，加密貨幣市場的總清算量就高達 20 億美元，這種大規模清算凸顯了市場槓桿的使用程度，也反映出越來越多投資者正採取更加謹慎的交易策略。 總的來說，這些動態顯示市場正處於轉型期。期貨交易量的激增可能暗示在經歷一輪修正後，有資金正在重新開始累積。但未平倉合約的同步下滑則顯示市場信心依然脆弱。如果比特幣價格持續下跌，而期貨相關指標未能協同上升，這可能預示著本輪牛市週期即將結束，並可能進入熊市週期。反之，若價格、交易量與未平倉合約三者同步上漲，則可能意味著新一輪上升趨勢正在開啟。 有趣的是，機構投資人的情緒似乎更穩定。儘管美國主要股指如標普 500 指數自高點已下跌超過 20%，但比特幣現貨 ETF 的資金流出量在過去兩週內卻僅不到 3 億美元。這表明大型投資者可能仍將比特幣視為長期的對沖工具或避險資產。{:}{:zh}自 2024 年 11 月 9 日以来，比特币价格首次连续三天收盘价低于 80,000 美元支撑位，在全球宏观经济不确定性加剧和市场波动性上升的背景下，这一恐慌性下跌加剧了投资者的谨慎情绪。 过去一周内，比特币价格下跌了 5.6%，但同一时期比特币期货交易量却激增了 64%。通常来说，期货交易量的上升表明投机兴趣的回暖，或是交易者正在采取对冲策略。也表明市场的紧张情绪正在快速上升，投资者在震荡事情加快了交易操作。值得注意的是，比特币未平仓合约（OI）在过去两周内下降了 19%。 交易量上升未平仓合约却在下降，说明多数交易者选择了平仓而非是继续持仓。这一趋势可能源于获利了结，或是在市场短期看跌的情绪下选择规避风险。仅在 4 月 6 日至 8 日之间，加密货币市场的总清算量就高达 20 亿美元，这种大规模清算凸显了市场杠杆的使用程度，也反映出越来越多投资者正采取更加谨慎的交易策略。 总的来说，这些动态表明市场正处于转型期。期货交易量的激增可能暗示在经历一轮修正后，有资金正在重新开始积累。但未平仓合约的同步下滑则表明市场信心依然脆弱。如果比特币价格持续下跌，而期货相关指标未能协同上升，这可能预示着本轮牛市周期即将结束，并可能会进入熊市周期。反之，若价格、交易量与未平仓合约三者同步上涨，则可能意味着新一轮上升趋势正在开启。 有趣的是，机构投资者的情绪似乎更为稳定。尽管美国主要股指如标普 500 指数自高点已下跌超过 20%，比特币现货 ETF 的资金流出量在过去两周内却仅不到 3 亿美元。这表明大型投资者可能仍将比特币视为长期的对冲工具或避险资产。{:}{:en}For the first time since November 9, 2024, Bitcoin prices closed below the $80,000 support level for three consecutive days. Against the backdrop of increasing global macroeconomic uncertainty and rising market volatility, this panic drop has exacerbated investors' cautious sentiment. In the past week, Bitcoin prices fell 5.6%, but Bitcoin futures trading volume surged 64% during the same period. Generally speaking, rising futures trading volume indicates a rebound in speculative interest or that traders are adopting hedging strategies. It also shows that market tensions are rising rapidly, and investors are accelerating trading operations in the face of volatile events. It is worth noting that Bitcoin open interest (OI) has fallen 19% in the past two weeks. The increase in trading volume and the decline in open interest indicate that most traders have chosen to close their positions rather than continue…...

{:tw}交易所淨流出價值 2.2 億美元比特幣，可能存在逢低建倉 IntoTheBlock 在 X 平台上貼表示，交易所淨流出比特幣總價值激增至 2.2 億美元，這一數據暗示著可能有投資者逢低建倉，而非是恐慌拋售。 白宮經濟顧問將向川普提交一份關稅戰略計劃 白宮經濟顧問 Kevin Hassett 在接受福克斯新聞採訪時表示，他正在起草一份關稅談判相關議題和時間表的建議計劃，完成後將提交給美國總統川普。 25.8% 的比特幣持幣地址處於虧損狀態 根據 CryptoQuant 數據，目前總計有超過 512 萬枚 BTC 位址處於虧損狀態，約佔總流通量的 25.8%。 穩定幣日活地址突破 30 萬，鏈上交易量達 720 億美元 根據 IntoTheBlock 數據顯示，穩定幣活動持續成長。日活躍地址超過了 30 萬個，鏈上總交易量達 720 億美元，為自 2 月以來的最高水準。 美國短期利率期貨交易員押注聯準會 5 月可能降息 4 月 9 日，美國期貨交易員提高了對聯準會最快可能在 5 月降息的預期。 摩根大通：羅素 2000 指數顯示美國經濟的衰退機率高達 79% 摩根大通報告指出，相關股票指數顯示，美國經濟衰退的機率高達 80%。其中羅素 2000 指數預測衰退的可能性為 79%，標普 500 為 62%，基礎金屬為 68%，美國 5 年期公債為 54%。但投資等級信用市場指數表明，美國經濟衰退的機率僅為 25%。{:}{:zh}白宫经济顾问将向特朗普提交一份关税战略计划   白宫经济顾问 Kevin Hassett 在接受福克斯新闻采访时表示，他正在起草一份关税谈判相关议题和时间表的建议计划，完成后将提交给美国总统特朗普。   交易所净流出价值 2.2 亿美元比特币，可能存在逢低建仓 IntoTheBlock 在 X 平台发贴表示，交易所净流出比特币总价值激增至 2.2 亿美元，这一数据暗示着可能有投资者逢低建仓，而非是恐慌抛售。   25.8% 的比特币持币地址处于亏损状态   根据 CryptoQuant 数据，目前总计有超过 512 万枚 BTC 地址处于亏损状态，约占流通总量的 25.8%。   稳定币日活地址突破 30 万，链上交易量达 720 亿美元   根据 IntoTheBlock 数据显示，稳定币活动持续增长。日活跃地址超过了 30 万个，链上总交易量达 720 亿美元，为自 2 月以来的最高水平。   美国短期利率期货交易员押注美联储 5 月可能降息   4 月 9 日，美国期货交易员提高了对美联储最早可能在 5 月降息的预期。   摩根大通：罗素 2000 指数显示美国经济的衰退概率高达 79% 摩根大通报告指出，相关股票指数显示，美国经济衰退的概率高达 80%。其中罗素 2000 指数预测衰退的可能性为 79%，标普 500 为 62%，基础金属为 68%，美国 5 年期国债为 54%。但投资级信用市场指数表明，美国经济衰退的概率仅为 25%。{:}{:en}White House economic adviser will submit a tariff strategy plan to Trump In an interview with Fox News, White House economic adviser Kevin Hassett said that he is drafting a proposal plan for tariff negotiation topics and timetables, which will be submitted to US President Trump after completion. The net outflow of Bitcoin from the exchange is worth $220 million, and there may be bargain hunting IntoTheBlock posted on…...

{:tw}4 月 7 日，比特幣價格暴跌至四個月來的低點 74,500 美元，導致比特幣價格暴跌的主要原因是川普的關稅政策影響正在加劇，全球金融市場的不確定性持續走高。尤其是上週末川普堅定推進關稅政策的發言，更是讓全球股市蒸發了 9.5 兆美元市值。加密市場也因此遭遇重創，交易者紛紛轉向更安全的資產避險。 在川普發言之後，市場對美國經濟可能陷入衰退的擔憂也不斷加劇，者讓市場情緒進一步緊張，投資人開始拋售高風險資產，比特幣也因此承壓。截至目前，比特幣正在測試 50 週指數移動平均線（EMA）這一關鍵的技術支撐位，該指標目前位於 77,500 美元附近。從歷史上看，該支撐位常被視為牛熊分界線，因此備受關注。 分析師 Ted Pillows 和其他市場觀察家指出，為避免進一步下跌，比特幣價格必須重新站穩 50 週 EMA。一旦未能收復該水平，比特幣可能會跌至 69,000 至 70,000 美元區間，該區間曾是 2021 年周期的高點。但若跌勢持續下去，BTC 價格甚至可能觸及 67,000 美元的周期低點，這一價格是 Strategy 首席執行官 Michael Saylor 的平均購入價，對市場參與者而言具有重要的參考意義。 儘管比特幣價格下行趨勢明顯，但仍有跡象顯示比特幣可能會重新獲得支撐。鏈上分析公司 Glassnode 的數據顯示，約有 50,000 枚比特幣集中於 74,000 美元附近的價格區間，自 3 月 10 日以來，這些比特幣並未移動，表明持有者的信心十足。總體來看，大約有 175,000 枚 BTC 分佈在 74,000 至 70,000 美元之間，這些比特幣構成了堅實的支撐帶。 然而，如果這一支撐失守，且比特幣價格無法重新站穩 50 週 EMA，下一個潛在底部可能位於 50,000 美元附近。該價位與 200 週 EMA 一致，而這項長期技術指標在比特幣歷史上的多次重大回檔中，都曾發揮關鍵支撐作用。{:}{:zh}4 月 7 日，比特币价格暴跌至四个月来的低点 74,500 美元，导致比特币价格暴跌的主要原因是特朗普的关税政策影响正在加剧，全球金融市场的不确定性持续走高。尤其是上周末时特朗普坚定推进关税政策的发言，更是让全球股市蒸发了 9.5 万亿美元市值。加密市场也因此遭遇重创，交易者纷纷转向更安全的资产避险。 在特朗普发言之后，市场对美国经济可能陷入衰退的担忧也在不断加剧，者让市场情绪进一步紧张，投资者开始抛售高风险资产，比特币也因此承压。截至目前，比特币正在测试 50 周指数移动平均线（EMA）这一关键的技术支撑位，该指标目前位于 77,500 美元附近。从历史上看，该支撑位常被视为牛熊分界线，因此备受关注。 分析师 Ted Pillows 和其他市场观察人士指出，为避免进一步下跌，比特币价格必须重新站稳 50 周 EMA。一旦未能收复该水平，比特币可能会跌至 69,000 至 70,000 美元区间，该区间曾是 2021 年周期的高点。但若跌势持续下去，BTC 价格甚至可能触及 67,000 美元的周期低点，这一价格是 Strategy 首席执行官 Michael Saylor 的平均购入价，对市场参与者而言具有重要的参考意义。 尽管比特币价格下行趋势明显，但仍有迹象表明比特币可能会重新获得支撑。链上分析公司 Glassnode 的数据显示，约有 50,000 枚比特币集中于 74,000 美元附近的价格区间，自 3 月 10 日以来，这些比特币并未移动，表明持有者的信心十足。总体来看，大约有 175,000 枚 BTC 分布在 74,000 至 70,000 美元之间，这些比特币构成了坚实的支撑带。 然而，如果这一支撑失守，且比特币价格无法重新站稳 50 周 EMA，下一个潜在底部可能位于 50,000 美元附近。该价位与 200 周 EMA 一致，而这一长期技术指标在比特币历史上的多次重大回调中，都曾发挥过关键支撑作用。{:}{:en}On April 7, the price of Bitcoin plummeted to a four-month low of $74,500. The main reason for the plunge in the price of Bitcoin was that the impact of Trump's tariff policy was intensifying and the uncertainty in the global financial market continued to rise. In particular, Trump's speech last weekend firmly promoting the tariff policy caused the global stock market to evaporate $9.5 trillion in market value. The crypto market was also hit hard,…...

{:tw}川普：不會改變對外關稅政策 4 月 7 日，川普透過社群媒體重申對關稅政策的強烈支持，敦促美國果斷採取這項早該實施的措施。他呼籲美國要主動展現力量、勇氣與耐心，並警告不要軟弱或愚蠢，這種決心最終讓美國變的更偉大。 川普：多個國家正在與美國商討關稅標準 4 月 7 日，川普表示，全球多國正與美國合作，致力於建立一個嚴格但合理的全球關稅互定標準。 眾議院支持川普的全球關稅戰略 儘管部分共和黨人呼籲取消關稅，但美國眾議院議長約翰遜仍表示支持川普的全球關稅政策。他強調了眾議院的立場，並表示願意給予川普政策的靈活性，同時密切關注局勢的後續發展。 CBOE 將於 4 月 28 日推出富時比特幣指數期貨 4 月 28 日，CBOE 將推出 Cboe 富時比特幣指數期貨，擴展其比特幣衍生性商品產品，並增強在加密貨幣市場的影響力。 聯準會官員 Goolsbee：美國經濟數據強勁，但仍存在較高的不確定性 4 月 8 日，聯準會官員 Goolsbee 表示，美國經濟數據顯示強勁，但仍存在較高的不確定性。美國政策制定者擔憂高關稅及其引發的報復性關稅可能會擾亂美國供應鏈產業，並大大的推高通膨，令美國的經濟前景蒙上陰影。 貝萊德 CEO：市場或再下跌 20%，長期來看也許是買進的機會 貝萊德 CEO Larry Fink 警告稱，當前市場可能會再跌 20%，但從長期來看也許是買入的最佳機會。他曾表示市場動盪是最好的投資時機，並表示比特幣有潛力成為未來的全球儲備貨幣之一。{:}{:zh}特朗普：不会改变对外关税政策 4 月 7 日，特朗普通过社交媒体重申对关税政策的强烈支持，敦促美国果断采取这一早该实施的措施。他呼吁说美国要主动展现力量、勇气与耐心，并警告称不要软弱或愚蠢，这种决心最终让美国变的更伟大。   特朗普：多个国家正在与美国商讨关税标准 4 月 7 日，特朗普表示，全球多国正与美国合作，致力于建立一个严格但合理的全球关税互定标准。   众议院支持特朗普的全球关税战略 尽管部分共和党人呼吁取消关税，但美国众议院议长约翰逊仍表示支持特朗普的全球关税政策。他强调了众议院的立场，并表示称愿意给予特朗普政策的灵活性，同时密切关注局势的后续发展。   CBOE 将于 4 月 28 日推出富时比特币指数期货 4 月 28 日，CBOE 将推出 Cboe 富时比特币指数期货，扩展其比特币衍生品产品，并增强在加密货币市场的影响力。   美联储官员 Goolsbee：美国经济数据强劲，但仍存在较高的不确定性 4 月 8 日，美联储官员 Goolsbee 表示，美国经济数据显示强劲，但仍存在较高的不确定性。美国政策制定者担忧高关税及其引发的报复性关税可能会扰乱美国供应链产业，并大大的推高通胀，令美国的经济前景蒙上阴影。   贝莱德 CEO：市场或再下跌 20%，长期来看也许是买入的机会 贝莱德 CEO Larry Fink 警告称，当前市场可能还会再跌 20%，但从长期来看也许是买入的最佳机会。他曾表示说市场动荡是最好的投资时机，并称比特币有潜力成为未来的全球储备货币之一。{:}{:en}Trump: Will not change foreign tariff policy On April 7, Trump reiterated his strong support for the tariff policy through social media, urging the United States to take decisive action on this long-overdue measure. He called on the United States to take the initiative to show strength, courage and patience, and warned not to be weak or stupid. This determination will eventually make the United States greater. Trump: Many countries are discussing tariff standards with the United States On April 7, Trump said that many countries around the world are working with the United States to establish a strict but reasonable global tariff mutual standard. The House of Representatives supports Trump's global tariff…...

{:en}Trump announces 25% tariff on foreign-made cars President Trump announced that he would impose a 25% tariff on all non-US-made cars, with the goal of generating $100 billion in revenue per year. Analysts warned that this could push up the prices of imported cars and US-made cars. Trump will impose reciprocal tariffs on all countries next week On March 27, President Trump announced plans to impose reciprocal tariffs on all countries next week, although the rate will be lower than initially expected. White House: AI agents will lead the next round of technological revolution On March 27, David Sacks, the White House's director of cryptocurrency and artificial intelligence, posted on the X platform that AI agents are becoming the largest wave of technology in history. US Senate passes repeal of Biden-era crypto tax rules The US Senate passed a resolution to repeal the cryptocurrency tax regulations introduced at the end of Biden's term by 70 votes to 28. The resolution is now submitted to President Trump for final signature. Goldman Sachs: Trump's tariff plan may cause significant market fluctuations Trump will announce a reciprocal tariff policy on April 2. Goldman Sachs warned that its actual tax rate may be twice…...

{:en}On March 25, CNBC reported that the board of directors of GameStop Corporation (GME), a video game retailer symbolic of the "meme stock" movement, announced a plan to start investing in Bitcoin. This event marks a new direction for the company's financial strategy. This move also aligns GameStop with other companies that use cryptocurrencies as a means of diversifying their balance sheets. In its fourth-quarter earnings report, GameStop revealed plans to use part of its corporate cash or future debt funds to invest in Bitcoin and stablecoins pegged to the US dollar. The report pointed out that the company's current investment policy allows investments in specific crypto assets including Bitcoin and US dollar-denominated stablecoins. The earnings report also highlighted GameStop's cash position. As of February 1, the company held more than $4.77 billion in cash reserves, far higher than $921.7 million a year ago. This considerable reserve of funds allows the company to flexibly explore potential investments, including digital assets, without affecting operational stability. As early as February, speculation began that GameStop had become interested in Bitcoin when the company's CEO Ryan Cohen posted a mysterious photo in which Cohen appeared in the same frame with Michael Saylor, executive chairman…...

{:en}President Trump says he may exempt several countries from tariffs President Trump said he may grant tariff exemptions to many countries and plans to announce additional tariffs on cars in the coming days. S&P 500 breaks through 200-day moving average, Bitcoin rises in sync According to ChainCatcher, the S&P 500 broke through its 200-day moving average on March 24, showing a long-term bullish trend. The move is seen as a positive sign for Bitcoin's potential upside momentum. Trump's stock market-friendly moves may be good for Bitcoin 10x Research believes that the U.S. stock market may have bottomed out and is rebounding. After a 10% correction, Trump introduced market-friendly policies aimed at avoiding more significant losses. These moves are interpreted as protective measures, which may indirectly benefit Bitcoin and investor confidence. Analysis: There is a 75% chance that Bitcoin will hit a new high in nine months Bitcoin economist Timothy Peterson predicts that there is a 75% chance that Bitcoin will hit a new high in nine months. On March 25, he posted on the X platform that Bitcoin is currently at a historical low and may see another upward rebound. BlackRock launches Bitcoin ETP in Europe On March 25, BlackRock…...

{:en}More than 700 employees of the U.S. Securities and Exchange Commission (SEC) have resigned in recent weeks amid a wave of federal layoffs and crypto reforms supported by U.S. President Trump. The resignation wave has greatly raised expectations of loose regulation among digital asset investors and said the event could be a regulatory turning point for the crypto industry. According to a report by Reuters, citing five anonymous sources, the wave of resignations was originally intended to be a voluntary resignation program aimed at matching the size of the U.S. federal government as seen by the Trump administration. Among the resigning groups are several key senior officials and lawyers from the SEC's enforcement and legal departments. Since late January, more than 700 SEC employees have submitted resignation letters, including more than 150 from the enforcement department alone. Sources also revealed that more than a dozen senior staff have accepted early resignation compensation packages with buyouts. The voluntary resignation program is part of a broader campaign jointly promoted by Trump, Elon Musk and the Department of Government Efficiency (DOGE), with the core goal of streamlining the bloated and inefficient U.S. civil service system. Earlier this year, the White House began offering…...

{:en}Trump announces new round of tariffs on cars, aluminum and medicines On March 25, President Trump announced a new round of tariffs on cars, aluminum and medicines to support the United States' low tax policy. He emphasized in a cabinet meeting that the investment growth rate in the United States is unexpectedly high, and more and more companies are returning to the United States. Fed: Will not overreact to inflation caused by tariffs Fed Chairman Powell said that the central bank may not overreact to inflation caused by tariffs, believing that this is more likely to be a one-time price increase rather than sustained inflation. Bitcoin prices rose 5.33% that week, and transaction fees tripled during the same period Crypto analyst @ali_charts said that Bitcoin's transaction fees almost tripled this week, an event that shows that Bitcoin network transaction activity is surging. Market data shows that Bitcoin prices have risen 5.33% in the past 7 days, and the current price is $87,757. The number of short-term Bitcoin holders has dropped to 2.53 million According to the IntoTheBlock report, although the price of Bitcoin has rebounded recently, the number of short-term holders has dropped from 3.06 million in January to 2.53…...

{:en}Data from the Glassnode platform shows that as of March 22, the number of Ethereum wallet addresses holding more than $100,000 jumped from 70,000 to 75,000. This shows that the market is increasingly confident in the rebound of Ethereum prices, and whales are rapidly increasing their holdings of ETH. This shift in market sentiment happened to occur in an atmosphere of greater macroeconomic uncertainty. On March 19, crypto analyst Rekt Capital posted on the X (original Twitter) platform that if the price of Ethereum can rebound above $2,200 and explain a strong enough reaction at this position, then Ethereum is expected to regain the key price range of $2,196 to $3,900. According to data from TradingView, the price of Ethereum is still in a downward trend, having fallen by more than 51% since the high of $4,100 on December 16, 2024. Ethereum open interest hit a new all-time high on March 21, suggesting that large traders may be positioning for an upward move, possibly to push Ethereum above the $2,400 mark. This surge in derivatives trading activity shows that professional market participants are regaining interest and confidence in ETH. Despite short-term macro headwinds such as the global trade war, the…...

{:en}The United States will release key data including initial jobless claims and GDP this week On March 25, John Williams, president of the New York Fed, will deliver an opening speech. On March 27, Alberto Musalem, president of the St. Louis Fed, will deliver a speech. As of March 22, the number of initial jobless claims in the United States for the week is expected to be 225,000, slightly higher than the previous week. The final value of the annualized growth rate of real GDP in the fourth quarter of the United States is expected to remain unchanged at 2.3%. The US core PCE price index (year-on-year) is expected to rise to 2.7% in February, higher than the previous 2.6%. The final value of the consumer confidence index in March is expected to remain at 57.9, consistent with previous estimates. IMF includes cryptocurrencies in the global economic statistics system for the first time On March 20, the International Monetary Fund (IMF) released the seventh edition of the Balance of Payments Manual (BPM7), which includes cryptocurrencies. This is the first time that cryptocurrencies have been included in the global economic reporting framework. Long-term Bitcoin holders have increased their holdings by more…...

{:zh}2025 年 3 月 20 日，美国总统唐纳德・特朗普再次创造历史，成为首位在加密货币会议上发表讲话的在任总统。他的讲话内容被提前预录后在 Blockworks 数字资产峰会上播出，这标志着华盛顿与数字资产行业关系迈入了一个新时代。特朗普的演讲表明美国政府的加密立场有了新的转变，并将其视为未来经济的主要支柱之一。 在本次演讲中，特朗普再次重申了他希望美国成为“全球加密之都”的愿景，并表示说：“我会努力推动数字金融的创新，而像你们这样的先驱将改善我们的银行和支付系统，同时提升隐私、安全与繁荣。”此外，他还强调说锚定美元的稳定币在维持美国全球货币主导地位中将会发挥重要的战略作用。 特朗普对加密货币的友好态度也通过他近期的一系列行政命令得以体现。今年 1 月 23 日，他成立了“数字资产工作组”，并启动建立比特币国家战略储备，同时还设立了一个独立的加密资产储备库。本月早些时候，他还在白宫主办了首次“加密货币峰会”，邀请行业领袖一起讨论美国加密产业未来的监管与普及方式。这次会议标志着美国国家层面数字资产政策制度化的重要一步。 在本次峰会上，美国财政部长斯科特・贝森特也表达了美国政府推动稳定币全面立法的决心。他将稳定币描述为维持美元全球储备货币地位的重要工具。数字资产顾问委员会执行董事博・海因斯指出，一份稳定币法案草案预计将在两个月内送交到总统办公室，显示出稳定币立法进程正在快速推进。 尽管此次事件具有历史意义，但加密社区的反应却褒贬不一。机构投资者普遍欢迎政府的参与，但许多散户投资者则表示失望。其中包括比特币极端支持者 Justin Bechler，他批评说此次峰会只是“游说者”推动国家控制数字货币的舞台。尽管如此，特朗普的讲话仍标志着美国政府与加密货币关系的一个重要转折点。{:}{:en}On March 20, 2025, US President Donald Trump made history again, becoming the first sitting president to speak at a cryptocurrency conference. His speech was pre-recorded and broadcast at the Blockworks Digital Asset Summit, marking a new era in Washington's relationship with the digital asset industry. Trump's speech showed a new shift in the US government's stance on crypto, which it sees as one of the main pillars of the future economy. In this speech, Trump reiterated his vision of the United States becoming the "global crypto capital" and said: "I will work hard to promote innovation in digital finance, and pioneers like you will improve our banking and payment systems while enhancing privacy, security and prosperity." In addition, he emphasized that stablecoins anchored to the US dollar will play an important strategic role in maintaining the United States' global monetary dominance. Trump's friendly attitude towards cryptocurrencies is also reflected in his recent series of executive orders. On January 23 of this year, he established the "Digital Asset Working Group" and launched the establishment of a national strategic reserve of Bitcoin, while also…...

{:en}White House: Trump has the right to criticize the Fed's economic resolutions and hopes it will start cutting interest rates On March 20, White House Press Secretary Levitt said that US President Trump has the right to criticize the Fed and stressed that Trump's position of wanting to cut interest rates is very clear. Trump: The previous government's regulatory crackdown on Bitcoin and cryptocurrencies will definitely end In his speech at the Digital Asset Summit, President Trump said through a pre-recorded video that the United States will take the lead in cryptocurrencies and the next generation of finance. He once again announced that he would end the previous government's regulatory crackdown and called on Congress to pass relevant legislation on stablecoins and market structures, and to formulate clear and clear rules to support innovation and clarity in the digital asset field. Trump: Reciprocal tariffs will be imposed on India starting April 2 Despite India's efforts to ease trade barriers with the United States, US President Trump announced that he would impose reciprocal tariffs on India on April 2, further exacerbating trade tensions between the two countries. Nasdaq and NYSE: Considering 24-hour trading At the New York Digital Asset Summit, Nasdaq's…...

{:en}On March 11, the price of Bitcoin fell to a four-month low of $76,600, and the crypto market has entered a long-term consolidation phase since then. While most investors' risk aversion has intensified day by day, the selling pressure from long-term Bitcoin holders has continued to decrease. Analysts call this special phenomenon "the market's unique dynamic balance." Data shows that on March 18, the activity of long-term Bitcoin holders (i.e. wallets that have held Bitcoin for more than 155 days) was very quiet, and the selling pressure showed a significant decline. This decline in selling pressure is consistent with the changes in some other key on-chain indicators. The Binary Spending Indicator, which is used to measure whether long-term holders continue to sell large amounts of Bitcoin, also showed a slowdown. At the same time, the overall holding supply of LTH has begun to recover after a long period of decline. This behavior reflects that investors prefer to continue to hold rather than sell Bitcoin, indicating that the sentiment in the crypto market is changing, and sophisticated investors are optimistic about the future trend of Bitcoin prices. In traditional market cycles, the top of the market often sees a large number…...

{:en}Fed: There may be two rate cuts in 2025 On March 20, the Fed released dot plot data showing that two rate cuts are expected in 2025, consistent with the forecast in December 2023. Bitcoin long-term holders hold their coins firmly, and new "whales" are accumulating at an accelerated pace Despite the price of Bitcoin falling to a four-month low of $76,600 on March 11, long-term holders remain firm in holding their coins. Glassnode pointed out that the selling pressure from these holders has decreased, indicating that the market has shown bullish momentum and unique resilience. Stablecoin wallet activity increased by 53% year-on-year, with a total supply of up to $225 billion The joint report by Artemis and Dune shows that the number of active addresses of stablecoin wallets rose from 19.6 million to 30 million between February 2024 and 2025, an increase of 53%. During the same period, the total supply of stablecoins increased from $138 billion to $225 billion, an increase of 63%. The growth trend of market capitalization is highly consistent with the change in supply, reflecting strong growth and widespread adoption. This week, the US Bitcoin ETF increased its holdings by 5,585 BTC, and the outflow…...

{:en}Introduction: Definition and Historical Positioning of Ethereum (ETH) Ethereum (ETH) is the most influential blockchain platform after Bitcoin. Its core innovation is the introduction of smart contract functions, which expands blockchain technology from simple currency transactions to a global computing platform that supports decentralized applications (DApp). Ethereum (ETH) was officially launched by Vitalik Buterin and others in 2015. Its goal is to build a "trustless trust machine" through programmable blockchain technology to provide decentralized solutions for finance, supply chain, Internet of Things and other fields. Unlike Bitcoin, which focuses on peer-to-peer payments, the underlying design of Ethereum (ETH) focuses more on flexibility and scalability. Its native token ETH is not only a medium of transaction, but also a "fuel" (Gas) that supports the operation of smart contracts and network security. As of 2025, Ethereum (ETH) has become the core infrastructure of DeFi (decentralized finance), NFT (non-fungible tokens) and Web3 ecology, and the total locked value (TVL) has long been ranked first in the industry. Technical architecture: the core innovation of Ethereum (ETH) The technical architecture of Ethereum (ETH) includes several key modules, and its design goal is to strike a balance between decentralization, security and scalability. According to source code…...

{:en}The Dramatic Shift in Bitcoin Futures Amid Price Volatility Over the past two weeks, the Bitcoin futures market has experienced a "deleveraging" storm of more than $10 billion. According to a report released by the on-chain analysis platform CryptoQuant on March 17, from February 20 to March 4, the open interest (OI) of Bitcoin futures dropped sharply from the historical high of US$33 billion to US$22 billion, a drop of 33%. This phenomenon is seen by analysts as a "natural reset" of the market, which may lay the foundation for a subsequent rebound in Bitcoin prices. This deleveraging is closely related to the sharp fluctuations in Bitcoin prices. In mid-January, the price of Bitcoin hit an all-time high of $84,214, but then the high leverage in the market triggered a series of liquidations, and the price retreated to below $70,000. CryptoQuant pointed out that the current 90-day open interest change rate of Bitcoin futures has fallen to -14%, close to the level during the mid-term adjustment period of the 2021 bull market. Historical data shows that similar market "leverage liquidation" often creates opportunities for short- to medium-term price recoveries. Structural Shift in Futures Markets: From Frenzy to Rationality The deleveraging…...

{:en}As the Federal Open Market Committee (FOMC) of the Federal Reserve convenes this week, the global cryptocurrency market is waiting with bated breath for monetary policy signals to be delivered. Although the price of Bitcoin has fallen by more than 20% in the past two months, once falling below the $60,000 mark, market sentiment has quietly changed recently. Many analysts pointed out that if the Federal Reserve releases dovish signals, coupled with the macroeconomic background of easing inflationary pressure, the price of Bitcoin is expected to start a new round of rebound, targeting the key psychological resistance level of $90,000. The current weak trend of Bitcoin prices has caused market concerns about the failure of the four-year cycle theory. Since hitting an all-time high of $73,000 in March, the price of Bitcoin has continued to fluctuate downward, technically testing the $60,000 support level multiple times, with the daily relative strength index (RSI) even falling into the oversold range at one point. However, 10x Research CEO Markus Thielen stressed in a new report that this pullback is not the end of the bull run. “Technical indicators show that Bitcoin prices are already in the oversold area, and with the Fed’s possible…...

{:en}The blockchain network Solana has recently attracted market attention due to extreme fluctuations in stablecoin trading volume. According to data provided by global payment infrastructure platform Mercuryo to Cointelegraph, Tether (USDT) trading volume on the Solana network surged by 137% in the last week of February, following a 61% plunge in the previous week. Such dramatic swings not only reveal the complex sentiment of investors toward Solana stablecoins but also raise concerns that the native token SOL may face greater price volatility risks. Petr Kozyakov, co-founder and CEO of Mercuryo, noted that the abnormal trading activity of Solana stablecoins could serve as an "early warning sign of price instability," while emphasizing that the network's high performance and ecosystem vitality remain the core pillars of its long-term value. Roller Coaster Ride for Solana Stablecoin Trading As one of the core assets of the Solana ecosystem, the liquidity changes of USDT on the network directly reflect market sentiment fluctuations. Data shows that Solana stablecoin trading volume dropped by 61% in the third week of February but rebounded sharply by 137% the following week, setting a new record for weekly trading volume. Kozyakov analyzed that this "roller coaster" volatility may be related to…...

{:en}As the cryptocurrency market has become more volatile recently, XRP price movements have once again become the focus of investors. After falling to a staged low of $1.89 on March 11, XRP prices once rebounded to around $2.50, but failed to break through the key resistance area above. At present, XRP prices are hovering in a narrow range of $2.20 to $2.35, and the game between bulls and bears around technical support and market sentiment is entering a white-hot stage. If bulls can hold the $2.20 support level, XRP prices may continue to recover; on the contrary, once this line of defense is lost, the market may face a new round of selling pressure and may even retest the low of $1.90. Bearish Sentiment: Funding Rates and Open Interest Raise Alarms The sustainability of XRP's recent price rebound is being severely tested by derivatives market data. According to Glassnode, the funding rate for XRP perpetual contracts remains below 0%, indicating that short sellers are dominating the market. A negative funding rate means that short sellers are paying long holders, reflecting a bearish sentiment in the short term. Meanwhile, XRP's open interest (OI) in the futures market has plummeted from a peak of 5.67billiononJanuary17to5.67billiononJanuary17to2.4 billion as…...

{:en}According to a joint report titled "The State of Stablecoins 2025: Supply, Adoption & Market Trends" by blockchain analytics platforms Artemis and Dune, the number of active stablecoin wallets worldwide surged from 19.6 million in February 2024 to 30 million in February 2025, marking a year-on-year growth rate of 53%. This data not only highlights the pivotal role of stablecoins as a bridge between traditional finance and the crypto market but also underscores the growing demand for safe-haven assets amid Bitcoin price volatility. Meanwhile, the total supply of stablecoins increased by 63% during the same period, with annual transfer volumes exceeding $35 trillion, signaling a new era of liquidity in the crypto market. Stablecoin User Expansion: The "Safe Haven Effect" Amid Bitcoin Price Fluctuations The report notes that the surge in active stablecoin addresses is closely tied to the volatility of the cryptocurrency market. Between 2024 and 2025, Bitcoin prices experienced multiple sharp corrections and rebounds, particularly in December 2024 when Bitcoin hit a new all-time high, leading to increased market sell-offs and a heightened reliance on stablecoins. Artemis analysts believe that the safe-haven attributes of stablecoins make them the go-to tool for parking funds during periods of extreme Bitcoin…...

{:en}As the cryptocurrency market enters a critical cycle in 2024, Ethereum's price trajectory is raising deep concerns within the industry. As the second-largest cryptocurrency by market capitalization, the persistent weakness of the ETH/BTC trading pair has formed a structural dilemma. Multiple technical indicators and on-chain data point to a harsh reality—Ethereum's price may continue to face downward pressure over the next 18 months, with the risk of another 15% drop against Bitcoin. From a technical perspective, Ethereum's Relative Strength Index (RSI) on the 3-day chart has remained below the oversold threshold of 30 for several months. Although traditional theory suggests this signals a potential rebound, historical data reveals a troubling pattern: since mid-2024, the ETH/BTC exchange rate has triggered four consecutive declines ranging from 13% to 25% in oversold territory. This "oversold trap" phenomenon also appeared in the third quarter of 2023, and the current downward trajectory of the 50-day and 200-day Exponential Moving Averages (EMA) shows a striking similarity to the market structure at that time. X platform analyst CarpeNoctom specifically noted that Ethereum's price has consistently failed to form a bullish divergence on the weekly chart—where prices hit new lows while the RSI fails to rise—further reinforcing market…...

{:en}After a long wait for regulatory clarity in the cryptocurrency industry, US stablecoin legislation has reached a critical turning point. On March 18, Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets under the Trump administration, revealed at the Digital Asset Summit in New York that the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), aimed at regulating the stablecoin market, has gained bipartisan support in the Senate Banking Committee and could be sent to the president’s desk for signing within the "next two months." This progress not only marks a substantive step forward in US crypto regulation but also highlights Washington’s strategic intent to consolidate the US dollar’s global dominance through stablecoins. Bipartisan Consensus Accelerates Legislation Hines emphasized repeatedly in his speech that stablecoin legislation has become a "rare bipartisan issue" in the current Congress. The Senate Banking Committee passed the GENIUS Act last week with "strong bipartisan support." The bill mandates that all stablecoin issuers comply with strict collateral reserve rules and anti-money laundering laws while granting federal and state regulators joint enforcement authority. Hines noted that despite significant disagreements on most policy issues, discussions around stablecoins have shown a "shared commitment…...