比特幣 (BTC) 價格接近 10 萬美元：這就是為什麼山寨幣季節可能是下一個

最近，隨著比特幣 (BTC) 價格逼近 10 萬美元大關，加密貨幣市場一片光明。然而，分析師 Axel Bitblaze 強調了許多山寨幣持有者面臨的現實情況。

Bitcoin (BTC) price continues its relentless march toward the $100k mark, leaving many altcoin holders wondering when their portfolios will finally see some green. While BTC thrives, portfolios heavy with utility coins or meme coins remain stagnant.

比特幣 (BTC) 價格繼續無情地向 10 萬美元大關邁進，讓許多山寨幣持有者想知道他們的投資組合什麼時候才能最終看到一些綠色。儘管 BTC 蓬勃發展，但以實用幣或迷因幣為主的投資組合仍停滯不前。

However, several factors suggest an impending altcoin resurgence, promising to shift the spotlight away from Bitcoin and onto the broader crypto market.

然而，有幾個因素表明山寨幣即將復甦，預計將人們的注意力從比特幣轉移到更廣泛的加密市場。

One key indicator is Bitcoin’s dominance, which has been increasing steadily, reaching new heights every week. This pattern, according to Bitblaze, has led to poor performance in the altcoin market as a whole.

一個關鍵指標是比特幣的主導地位，它一直在穩步增長，每週都達到新的高度。據 Bitblaze 稱，這種模式導致整個山寨幣市場表現不佳。

Drawing from Bitcoin’s historical four-year cycle, Bitblaze explains how pre-halving and halving years tend to favor Bitcoin, while post-halving years ignite altcoin rallies.

Bitblaze 借鑒比特幣歷史上的四年周期，解釋了減半前和減半年如何傾向於有利於比特幣，而減半後幾年則引發山寨幣反彈。

With the next halving set for 2024, Bitblaze predicts that altcoins could see a significant rebound within 4-6 weeks. He bases this prediction on the emergence of a golden cross in the altcoin market capitalization.

隨著下一次減半時間為 2024 年，Bitblaze 預測山寨幣可能會在 4-6 週內大幅反彈。他的這項預測是基於山寨幣市值中黃金十字的出現。

The last occurrence of this technical pattern led to a 300% surge in altcoin market cap over a year.

這種技術模式的最後一次出現導致山寨幣市值在一年內飆升 300%。

Another factor highlighting the shift in market dynamics is the performance of memecoins. Often dismissed as speculative assets, memecoins are bringing retail liquidity back to the market.

凸顯市場動態轉變的另一個因素是模因幣的表現。迷因幣經常被視為投機資產，但它正在將零售流動性帶回市場。

Major exchanges like Binance and Coinbase have ramped up their listings of memecoins, generating volumes that surpass those of established altcoins. This influx of retail interest lays the groundwork for an altcoin season.

Binance 和 Coinbase 等主要交易所已經增加了 memecoin 的上市量，其交易量超過了現有的山寨幣。散戶興趣的湧入為山寨幣季節奠定了基礎。

Moreover, external factors are also setting the stage for altcoins to shine. The Trump administration’s proposed crypto-friendly policies and the acquisition of Bakkt, a multi-asset trading platform, are additional indicators of a favorable environment for altcoins.

此外，外部因素也為山寨幣的大放異彩奠定了基礎。川普政府提出的加密貨幣友善政策以及對多元資產交易平台 Bakkt 的收購，是山寨幣有利環境的額外指標。

To put things in perspective, here's a concise summary of the analysis.

為了正確地看待問題，這裡是分析的簡要總結。

* BTC price is nearing $100K, but many altcoin portfolios are still flat or even down. This is likely because investors are piling into BTC for safety as the bull market matures.

* BTC 價格接近 10 萬美元，但許多山寨幣投資組合仍然持平甚至下跌。這可能是因為隨著多頭市場的成熟，投資者為了安全而紛紛湧入比特幣。

* However, several factors suggest that an altcoin season could be on the horizon. One key indicator is Bitcoin’s dominance, which has been increasing steadily.

* 然而，有幾個因素表明山寨幣季節可能即將到來。一個關鍵指標是比特幣的主導地位，這一主導地位一直在穩步上升。

* When Bitcoin’s price rallies, its market cap tends to expand relative to other leading cryptocurrencies. This dynamic is typically accompanied by lower performance in the altcoin market.

* 當比特幣價格上漲時，其市值相對於其他主要加密貨幣往往會擴大。這種動態通常伴隨著山寨幣市場的較低表現。

* Another factor to consider is Bitcoin’s halving cycle. Pre-halving and halving years usually favor Bitcoin, while post-halving years tend to be kinder to altcoins.

* 另一個需要考慮的因素是比特幣的減半週期。減半前和減半年通常有利於比特幣，而減半後往往有利於山寨幣。

* With the next halving set for 2024, Bitblaze predicts that altcoins could see a significant rebound within 4-6 weeks.

* 隨著下一次減半時間為 2024 年，Bitblaze 預測山寨幣可能會在 4-6 週內大幅反彈。

* Finally, memecoins are also playing a pivotal role in shifting market attention away from Bitcoin. These tokens, initially created as a jest on internet culture, are attracting retail liquidity into the market.

* 最後，迷因幣在將市場注意力從比特幣上轉移開方面也發揮著關鍵作用。這些代幣最初是作為網路文化的玩笑而創建的，正在吸引零售流動性進入市場。

* Major exchanges like Binance and Coinbase are listing memecoins at an unprecedented pace, generating volumes that surpass those of established altcoins. This influx of retail interest is setting the stage for an altcoin season.

* Binance 和 Coinbase 等主要交易所正在以前所未有的速度列出 memecoin，產生的交易量超過了現有的山寨幣。散戶興趣的湧入正在為山寨幣季節奠定基礎。