比特幣 (BTC) 與傳統市場脫鉤，躍升至 9.5 萬美元，目標為 10 萬美元

比特幣在短暫跌破 91,000 美元後，於 11 月 26 日重返 95,000 美元大關。兩天內 5% 的上漲標誌著從

Bitcoin price surged past the $95,000 mark on November 26, following a brief dip below $91,000. This 5% rally over two days marked a significant shift away from its prior correlation with U.S. Treasury yields.

比特幣價格在短暫跌破 91,000 美元後，於 11 月 26 日飆升至 95,000 美元大關。兩天內上漲 5% 標誌著其與美國公債殖利率先前相關性的重大轉變。

Earlier in November, CNF reported that Bitcoin was poised for a major surge as exchange balances hit a five-year low.

11 月初，CNF 報道稱，隨著外匯餘額觸及五​​年低點，比特幣可望大幅上漲。

In brief, Bitcoin’s rally to $100K is supported by (1) decoupling from traditional markets, (2) global economic uncertainty, (3) institutional ETF inflows, and (4) bullish miner activity. Moreover, Bitcoin’s narrative as a scarce, uncensorable asset is gaining traction amid global economic uncertainties.

簡而言之，比特幣漲至 10 萬美元的支撐因素包括 (1) 與傳統市場的脫鉤、(2) 全球經濟的不確定性、(3) 機構 ETF 流入以及 (4) 看漲的礦工活動。此外，在全球經濟不確定性的背景下，比特幣作為一種稀缺的、不可審查的資產的說法正在獲得越來越多的關注。

As major economies face growth challenges, investors are turning to Bitcoin, boosting its prospects of reaching $100,000 before the year ends.

隨著主要經濟體面臨成長挑戰，投資者開始轉向比特幣，推動其在年底前達到 10 萬美元的前景。

Global Economic Woes Strengthen Bitcoin Narrative

全球經濟困境強化了比特幣的敘事

Economic concerns in France and Russia are bolstering Bitcoin’s narrative as a safe-haven asset. France faces rising debt yields and political turmoil, while Russia grapples with 8.5% inflation and a weakening ruble.

法國和俄羅斯的經濟擔憂正在支撐比特幣作為避險資產的說法。法國面臨債務殖利率上升和政治動盪，而俄羅斯則面臨8.5%的通膨率和盧布貶值。

Meanwhile, inflows into U.S. spot Bitcoin ETFs, including Fidelity’s and Bitwise’s funds, reversed a two-day outflow streak, injecting $103 million on November 27. These developments highlight growing institutional interest in Bitcoin, further solidifying its bullish outlook.

同時，包括Fidelity 和Bitwise 基金在內的美國現貨比特幣ETF 的資金流入扭轉了連續兩天的流出趨勢，於11 月27 日註入1.03 億美元。的興趣，進一步鞏固了其看漲前景。

Miner Activity Shows Confidence in Bull Market

礦工活動顯示出對牛市的信心

Bitcoin miners are signaling confidence in the ongoing bull run as miner-controlled addresses resume accumulating BTC after 10 days of outflows, Glassnode data shows. This miner accumulation often indicates optimism about future price performance.

Glassnode 數據顯示，隨著礦工控制的地址在 10 天的資金外流後恢復累積 BTC，比特幣礦工對持續的牛市充滿信心。礦商的這種累積往往顯示對未來價格表現的樂觀態度。

Additionally, institutional conviction in Bitcoin’s long-term potential is evident in MicroStrategy’s ambitious plans to hold 4% of Bitcoin’s total supply by 2033.

此外，MicroStrategy 雄心勃勃的計劃是到 2033 年持有比特幣總供應量的 4%，這表明機構機構對比特幣的長期潛力充滿信心。

Together with strong on-chain data and institutional momentum, Bitcoin’s trajectory toward $100,000 appears increasingly plausible. At press time, Bitcoin (BTC) trades at $95,009.43, having surged by 1.57% in the past day and decreased slightly by 3.07% in the past week.

加上強大的鏈上數據和機構動力，比特幣走向 10 萬美元的軌跡似乎越來越合理。截至發稿，比特幣（BTC）交易價格為 95,009.43 美元，過去一天上漲 1.57%，過去一週小幅下跌 3.07%。