比特幣（BTC）的優勢可能尚未達到頂峰，加密週期可能直到2025年或2026年。

像以太坊這樣的比特幣和山寨幣一直在紅色區域中脫落。當市場進入當前加密週期的下一個階段時，分析師

Bitcoin (BTC) and altcoins like Ethereum (ETH) have been seeing mixed signals, with some days showing gains and others showing losses. As the market enters the next stage of the current crypto cycle, analysts are keeping an eye on key indicators to understand what comes next.

比特幣（BTC）和諸如以太坊（ETH）之類的AltCoins一直看到混合信號，有些日子顯示出收益，而其他人則顯示損失。當市場進入當前加密週期的下一個階段時，分析師正在關注關鍵指標，以了解接下來會發生什麼。

Here’s a closer look at some of the latest analysis and what it could mean for the market in 2023.

仔細研究了一些最新分析以及2023年對市場的意義。

While certain altcoins, like Solana (SOL) and XRP, have recorded gains so far this year, it’s not considered “altcoin season” until Bitcoin dominance reverses.

儘管某些Altcoins（如Solana（Sol）和XRP）今年迄今已錄製了收益，但直到比特幣優勢逆轉之前，它才被視為“ Altcoin季節”。

However, the upcoming months and quarters could be crucial in determining whether the upward trend will continue or if there will be a slowdown. Some experts argue that Bitcoin dominance has not yet peaked and still has room to grow.

但是，接下來的幾個月和季度對於確定上升趨勢是否會繼續或是否會放緩至關重要。一些專家認為，比特幣優勢尚未達到頂峰，並且仍然有生長的空間。

How Long Will This Crypto Cycle Run?

這個加密週期將運行多長時間？

Raoul Pal, CEO of Real Vision, recently shared his outlook for the next crypto cycle. While he noted that it’s tough to pinpoint precisely, the cycle could last until the end of 2025 or even into 2026.

Real Vision首席執行官Raoul Pal最近分享了他對下一個加密週期的看法。雖然他指出很難確切地確定，但該週期可能持續到2025年底甚至2026年。

However, he adds that the current environment differs from previous cycles, with structural factors like the Federal Reserve’s efforts to reduce inflation and the ongoing credit cycle taking center stage.

但是，他補充說，當前的環境與以前的周期不同，結構性因素，例如美聯儲為減少通貨膨脹而努力的努力以及持續的信貸週期佔據了中心地位。

According to Pal’s analysis, the peak of the cycle might be later than expected, especially when you factor in global economic dynamics, including massive investments in the U.S. from countries like Saudi Arabia.

根據PAL的分析，週期的高峰可能要晚於預期，尤其是當您考慮全球經濟動態時，包括來自沙特阿拉伯等國家的大量投資。

Despite concerns from the 2021 crash, which saw a peak in early 2022 followed by a bear market, the market could see a late-stage rally, similar to what happened in 2017.

儘管2021年崩潰的擔憂是2022年初的峰值，隨後是熊市，但市場可能會看到晚期集會，類似於2017年發生的事情。

Meme Coins: A Key Part Of 2025 Investment Plans

模因硬幣：2025年投資計劃的關鍵部分

Joe McCann, founder of the crypto investment firm Asymmetric, recently revealed that meme coins, such as Dogecoin (DOGE), played a key role in investment strategies in 2024.

加密投資公司不對稱公司的創始人喬·麥肯（Joe McCann）最近透露，模因硬幣（例如Dogecoin（Doge））在2024年在投資策略中發揮了關鍵作用。

Dogecoin outperformed Bitcoin, Ethereum, and Solana in 2024, thanks in part to its connection to Elon Musk and his plans to integrate it into services like X and Starlink.

Dogecoin在2024年優於比特幣，以太坊和Solana，部分原因是它與Elon Musk的聯繫以及他將其集成到X和Starlink等服務中的計劃。

For 2025, meme coins like Dogecoin, Bonk, and Pepe are considered important for asset allocation. Their liquidity and appeal make them an important part of investment strategies.

對於2025年，諸如Dogecoin，Bonk和Pepe之類的模因硬幣被認為對資產分配很重要。他們的流動性和吸引力使它們成為投資策略的重要組成部分。

A Dogecoin ETF could attract billions in capital, with estimates of up to $30 billion. The rise of ETFs, particularly for Solana and Dogecoin, is expected to continue as asset issuers take advantage of the popularity of these digital assets.

Dogecoin ETF可以吸引數十億美元的資本，估計高達300億美元。 ETF的興起，特別是對於Solana和Dogecoin，隨著資產發行人利用這些數字資產的流行，預計將繼續進行。