['Arthur Hayes'，“ 100x”，“ Bitmex”，“ Bitcoin”，“ BTC”，“將維持”，“長期看漲趨勢”，“在短期拋售”中，“比特幣”將在“短暫拋售”，“短暫”，“'反映了歷史市場趨勢'，“他專注於“流動性”，“作為決定性因素”，“對於下一個大型價格運動”，“比特幣”]

比特幣將於2025年飆升至25萬美元，承諾Arthur Hayes，100x和Bitmex聯合創始人

Arthur Hayes, the renowned 100x and BitMEX co-founder, remains bullish on Bitcoin’s long-term trajectory even as it faces short-term setbacks. In his latest blog post, Hayes anticipates Bitcoin to decline briefly to the $70,000 range before surging to a new all-time high of $250K by the close of 2025.

著名的100倍和Bitmex聯合創始人亞瑟·海斯（Arthur Hayes）仍然對比特幣的長期軌跡看漲，即使它面臨短期挫折。在他的最新博客文章中，海斯預計比特幣將短暫地降至70,000美元的範圍，然後到2025年結束時飆升至新的25萬美元的歷史最高點。

As the cryptocurrency market trends, Hayes’s projection seems reasonable, especially as he highlights liquidity as a decisive factor for the next large price movement of Bitcoin.

隨著加密貨幣市場的趨勢，海斯的投影似乎是合理的，尤其是當他強調流動性是比特幣下一次大型價格轉移的決定性因素時。

Averaging Down: A Strategy for Traders

平均：對交易者的策略

The pullback into the $70,000-$80,000 range is a natural correction during a bull run, according to Hayes. He offers that although Bitcoin has already pulled back 10% to $83,000, this high may not end up being the low. Yet another drop will offer a tactical buying opportunity for those who refrain from leverage and instead prefer the spot accumulation of the cryptocurrency. Surging dollar liquidity is still a key driver that can push Bitcoin’s price to record highs. Hayes identifies March 2025 as a possible peak time.

據海斯說，在公牛奔跑期間，回溯到$ 70,000- $ 80,000的範圍是一種自然的糾正。他提出，儘管比特幣已經撤回了10％至83,000美元，但這個高昂最終可能不會降低。另一個下降將為那些避免槓桿作用的人提供戰術購買機會，而是更喜歡加密貨幣的現貨積累。飆升的美元流動性仍然是可以將比特幣的價格推高高高的關鍵驅動力。海耶斯將2025年3月確定為可能的高峰時間。

However, volatility in the market is still a concern, as a steep fall in leading stock indexes such as the S&P 500 or Nasdaq 100 would set off a more severe Bitcoin correction. If the indexes decrease by 20%-30%, Bitcoin could be pulled back some more before continuing its direction.

但是，市場上的波動仍然是一個問題，因為標準普爾500指數或納斯達克股票100等領先股票指數的急劇下跌將引發更嚴重的比特幣校正。如果指數降低20％-30％，則可以將比特幣撤回一些，然後再繼續前進。

suggest that one should be on guard since he will be accumulating Bitcoin incrementally rather than leveraging up. This measure reflects surging institutional buying of the spot market versus taking higher-risk positions.

建議一個人應該保持警惕，因為他將逐步積累比特幣，而不是利用比特幣。這項措施反映了現貨市場的機構購買與占領高風險頭寸的飆升。

At press time, Bitcoin was valued at $90,808, rising 8.60% over the last 24 hours with a market cap of $1.8 trillion and a trading volume of $62.14 billion.

發稿時，比特幣的價值為90,808美元，在過去24小時內上漲了8.60％，市值為1.8萬億美元，交易量為621.4億美元。

Despite optimism about the long-term direction of Bitcoin, Hayes expressed skepticism regarding Donald Trump’s planned Bitcoin reserve. He does not believe the administration would spend significant amounts of federal money on buying Bitcoins, considering other financial needs that claim the attention of government funds.

儘管對比特幣的長期方向感到樂觀，但海耶斯對唐納德·特朗普計劃的比特幣儲備表示懷疑。他認為，考慮到其他財務需求引起了政府資金的關注，政府不會花費大量的聯邦資金來購買比特幣。

Despite near-term fluctuations, Hayes predicts that Bitcoin will continue to climb higher, with the strategy of cautious accumulation guiding traders through market ups and downs. His analysis provides valuable advice for both retail and institutional investors as Bitcoin trades at major support and resistance levels.

儘管近期波動，海耶斯預測，隨著謹慎的積累來指導交易者通過市場起伏的持續，比特幣將繼續攀升。他的分析為零售和機構投資者提供了寶貴的建議，因為比特幣交易具有主要的支持和阻力水平。