樂觀的市場變化中比特幣的顯著飆升

A tough year filled with a strenuous and demanding agenda, as well as exhausting days, is coming to an end. Many events took place up until December. Finally, after about a year, the price of Bitcoin rose from $15,500 to $39,000. As we have always said in the past, this is about Bitcoin’s ability to provide returns “over a sufficiently long term.” So, what is the current situation?

充滿艱辛和艱鉅的議程以及疲憊不堪的日子的艱難的一年即將結束。許多活動一直持續到十二月。最終，大約一年後，比特幣的價格從 15,500 美元上漲至 39,000 美元。正如我們過去常說的，這關係到比特幣「在足夠長的時間內」提供回報的能力。那麼，目前的情況如何呢？

Current Bitcoin Status

當前比特幣狀態

The king of cryptocurrencies is currently trading at $38,778, with Bitcoin market dominance at 52%. In the last 7 days, BTC price has increased by 2.6%, reaching a new high for 2023. Investors are also beginning to forget the gloomy days overshadowed by the Fed following approximately 19 months of the best monthly close.

加密貨幣之王目前的交易價格為 38,778 美元，比特幣市場主導地位為 52%。過去 7 天，BTC 價格上漲了 2.6%，創下 2023 年新高。投資者也開始忘記在創下約 19 個月最佳月度收盤價後，聯準會蒙上陰影的日子。

The Fed is expected to commence interest rate cuts by the second quarter of next year at the latest. Moreover, from ETF approvals to the halving, numerous significant developments are increasing investors’ appetite for risk. The optimism on the macro front does not only concern Bitcoin; shortly after BTC hit its $39,000 peak, gold also reached its all-time high of $2,075.

預計聯準會最遲將於明年第二季開始降息。此外，從 ETF 核准到減半，許多重大進展正在提高投資者的風險偏好。宏觀方面的樂觀情緒不僅涉及比特幣，還涉及比特幣。在 BTC 觸及 39,000 美元高峰後不久，黃金也達到了 2,075 美元的歷史高點。

The weekly chart looks promising for BTC as it is regaining the region it lost during the May 2022 crash at a similar pace. Moreover, overcoming a region that remained resistant during the same period is another development that fuels hope. The next step should be targeting the regions of $42,800 and $47,200 with closes above $40,000.

BTC 的周線圖看起來很有希望，因為它正在以類似的速度收復 2022 年 5 月崩盤期間失去的區域。此外，克服同一時期仍頑固不化的地區是另一個點燃希望的發展。下一步的目標應該是收盤價高於 40,000 美元的 42,800 美元和 47,200 美元區域。

If the price can approach $48,000, this would mean that the old ATH could be seen again soon. However, most investors will be caught unprepared for this as those who targeted $12,000 when it was $15,500 are still not over the shock of the event.

如果價格能夠接近 48,000 美元，這將意味著舊版 ATH 很快就會再次出現。然而，大多數投資者對此毫無準備，因為那些在 15,500 美元時目標為 12,000 美元的投資者仍未擺脫該事件的衝擊。

Current Status of Cryptocurrencies

加密貨幣的現狀

The cumulative value of cryptocurrency has surpassed $1.46 trillion. Cumulative volume is around $50 billion. Among the top 10 cryptocurrencies, DOGE experienced the most significant weekly increase. Dogecoin has been missing out on rallies for a long time and should not be surprised to see some recovery as space missions approach.

加密貨幣的累計價值已超過1.46兆美元。累計交易量約500億美元。在十大加密貨幣中，DOGE 的周漲幅最為顯著。狗狗幣已經錯過了很長一段時間的漲勢，隨著太空任務的臨近，狗狗幣的復甦也不應該感到驚訝。

This week we faced another of the harsh realities of crypto. While there are hundreds of tokens that genuinely produce benefits and have deals with giant companies, the record earnings among the top 100 cryptocurrencies were in USTC and LUNC Coin. USTC price maintains its gain exceeding 300% following its listing on Binance futures, and LUNC continues the week with a 90% gain. Painful though it may be, the intensity of traders chasing speculative profits normalizes this situation.

本週我們面臨著加密貨幣的另一個殘酷現實。雖然真正產生效益並與大公司有交易的代幣有數百種，但前 100 名加密貨幣中創紀錄收益的是 USTC 和 LUNC Coin。 USTC 價格在幣安期貨上市後繼續保持超過 300% 的漲幅，LUNC 本週繼續上漲 90%。儘管這可能很痛苦，但交易者追逐投機利潤的強度使這種情況正常化。