According to CryptoQuant data, retail investor interest in Bitcoin has reached its highest level in the last four years. This renewed enthusiasm coincides with a general wave of excitement in the cryptocurrency market, fueled by rising altcoin prices and increased mainstream interest.

根据 CryptoQuant 的数据，散户投资者对比特币的兴趣达到了过去四年来的最高水平。这种新的热情与加密货币市场的普遍兴奋浪潮同时发生，这是由山寨币价格上涨和主流兴趣增加推动的。

Key indicators, such as retail investor demand and funding rates, are exhibiting significant growth. CryptoQuant analyst JA Maartunn observed that this renewed activity aligns with broader market trends.

散户投资者需求和融资利率等关键指标均呈现显着增长。 CryptoQuant 分析师 JA Maartunn 观察到，这一新的活动符合更广泛的市场趋势。

"With the rise of Dogecoin, elevated funding rates, and a surge in Google searches for Bitcoin, it's impossible to overlook the resurgence of retail trading," Maartunn noted.

Maartunn 指出：“随着狗狗币的兴起、融资利率的提高以及谷歌对比特币的搜索量激增，我们不可能忽视零售交易的复苏。”

The 30-day moving average of retail investor demand further supports this upswing, indicating sustained participation from smaller investors.

散户投资者需求的 30 天移动平均线进一步支持了这种上涨，表明中小投资者的持续参与。

The interest from retail investors extends beyond Bitcoin. CryptoQuant data reveals growing interest in altcoins, encompassing memecoins, decentralized finance (DeFi) projects, and established altcoins with higher risk profiles.

散户投资者的兴趣不仅仅限于比特币。 CryptoQuant 数据显示，人们对山寨币的兴趣日益浓厚，包括模因币、去中心化金融 (DeFi) 项目以及风险较高的既定山寨币。

"Our analysis indicates that retail demand is targeting a diverse range of assets, including memecoins, DeFi projects, and large altcoins. These categories seem to be attracting the most attention from retail participants," the analyst added.

“我们的分析表明，散户需求瞄准了多种资产，包括模因币、DeFi 项目和大型山寨币。这些类别似乎最吸引散户参与者的关注，”分析师补充道。

Bitcoin recently attained a record high exceeding $93,500, but has since experienced a slight pullback. While enthusiasm in the altcoin market has contributed to an uptick in funding rates, analysts caution about potential market volatility.

比特币最近创下了超过 93,500 美元的历史新高，但此后经历了小幅回调。尽管山寨币市场的热情推动了融资利率的上升，但分析师对潜在的市场波动提出了警告。

Ryze Labs analysts advise caution regarding the risks associated with aggressive leverage:

Ryze Labs 分析师建议谨慎对待与激进杠杆相关的风险：

"Funding rates have escalated, suggesting a return to aggressive leverage, with numerous altcoin longs exposed to funding above 50% APY. Retail interest has been heavily concentrated in memecoins, with Robinhood and Coinbase recently adding PEPE and WIF to their listings."

“融资利率已经上升，表明杠杆率回归激进，许多山寨币多头面临的融资额超过年化年利率的 50%。散户兴趣主要集中在 memecoins，Robinhood 和 Coinbase 最近将 PEPE 和 WIF 添加到他们的列表中。”

*This information is not intended as investment advice.

*此信息不作为投资建议。