當機構巨頭進入競技場時，比特幣（BTC）飆升了$ 90,00

比特幣（BTC）將其位置保持在90,000美元的水平以上，這是在最近的大量激增之後鞏固。加密貨幣的價格強度

Bitcoin (BTC) is trading above the $93,000 level as of Monday, consolidating after a significant recent surge. The cryptocurrency’s price strength is being driven by a dramatic increase in institutional inflows into U.S. spot ETFs and the emergence of a new corporate player aiming to rival Strategy in the Bitcoin treasury space.

截至週一，比特幣（BTC）的交易高於93,000美元的水平，在最近的激增後，比特幣（BTC）匯總了。加密貨幣的價格強度是由機構流入美國ETF的急劇增長以及旨在與比特幣財政部空間中競爭戰略相抗衡的新公司參與者的出現的驅動的。

Founded Strike CEO Jack Mallers has unveiled Twenty One Capital, a new Bitcoin Treasury company backed by industry giants including Tether, SoftBank, and Cantor Fitzgerald. Positioned as the third-largest corporate Bitcoin holder following MicroStrategy and MARA Holdings, the ambitious venture will debut with 42,000 Bitcoin (approx. $3.9 billion).

創立的罷工首席執行官傑克·馬拉斯（Jack Mallers）揭開了二十一首資本，這是一家新的比特幣財政部公司，由系幣，軟銀和坎托·菲茨杰拉德（Cantor Fitzgerald）等行業巨頭支持。這家雄心勃勃的合資企業被定位為Microstrategy和Mara Holdings之後的第三大公司比特幣持有者，將以42,000比特幣（約39億美元）的速度首次亮相。

Specifically aiming to displace Michael Saylor’s MicroStrategy as “the superior vehicle for investors seeking capital-efficient Bitcoin exposure,” the company will finalize agreements for $525 million in convertible bonds and equity financing. Afterward, Twenty One Capital plans to go public via a blank-check merger with Cantor Equity Partners, trading as XXI on Nasdaq.

該公司將特別旨在使邁克爾·塞勒（Michael Saylor）的微觀流放措施成為“尋求資本效率比特幣敞口的投資者的優越工具”，該公司將以5.25億美元的可兌換債券和股權融資來完成協議。之後，二十一條資本計劃通過與Cantor Equity Partners進行空白的合併合併，在納斯達克股票上作為XXI進行交易。

“Our goal is simple: we want to be the most profitable company in Bitcoin, the most worthwhile financial prospect available right now. We are not here to beat the market, we are here to create a new one,” said Mallers, highlighting the initiative as “a public stock, built by Bitcoiners, for Bitcoiners.”

“我們的目標很簡單：我們希望成為比特幣中最有利可圖的公司，這是目前最有價值的財務前景。我們不是在這裡擊敗市場，我們在這裡創造一個新的，”馬洛爾說，馬車指出了該計劃，強調了“由比特幣建造的公共股票，用於比特幣，為比特幣製造。”

U.S. spot institutional funding With inflows of $912 million in a single day—more than 500 times the daily average for 2025— Bitcoin ETFs underwent a dramatic turn-around on April 22. Data from Glassnode shows this to be “the largest daily inflow since November 11, 2024, marking a notable resurgence in demand.”

美國現貨機構資金在一天內的流入量為9.12億美元，是2025年平均每日平均的500倍以上 - 比特幣ETF在4月22日進行了巨大的轉折。玻璃節的數據顯示，這是“自2024年11月11日以來的每日流入，標誌著著名的需求。”。

“The spot bitcoin ETFs went Pac-Man mode yesterday,” said Bloomberg ETF analyst Eric Balchunas, noting that most of the eleven ETFs saw inflows spread rather than concentrated in BlackRock’s iShares Bitcoin Trust (IBIT).

彭博ETF分析師埃里克·巴爾庫納斯（Eric Balchunas）說：“昨天的現場比特幣ETF昨天進行了PAC-Man模式。

Bitcoin ETFs “have become ‘the marginal buyer’ in Bitcoin since January 2024,” European head of research at asset management company Bitwise noted, and may “actually determine whether you see negative or positive net buying volumes on BTC spot exchanges.”

資產管理公司的歐洲研究負責人指出，比特幣ETF“自2024年1月以來已成為比特幣的'邊際買家'”，可能會“實際上可以確定您在BTC現貨交易所中是否看到了負面或正面的淨購買量”。

Most short-term holders (STHs) are now in profit as Bitcoin’s BTC/USD climb above $91,700 on Monday morning raised its value above the cost basis or short-term realized price.

現在，由於比特幣的BTC/USD攀升至91,700美元以上，大多數短期持有人（STH）現在都處於利潤中，其價值高於成本基礎或短期實現的價格。

Historically, this is a positive development since STHs in profit usually hold their positions and draw fresh investors, so generating increasing momentum.

從歷史上看，這是一個積極的發展，因為STH的利潤通常會保持自己的地位並吸引新的投資者，從而產生不斷提高的勢頭。

First-time buyers in April show “strong activity” according on-chain statistics, suggesting fresh cash joining the market at more price points. While Bitcoin whales and sharks have taken 60% of the annual issuing, long-term holders have raised their allotment by 363,000 BTC since February.

四月份的首次購房者顯示，“強大的活動”表示，鏈上統計數據表明，新的現金以更多的價格加入了市場。雖然比特幣鯨和鯊魚已經佔據了年度發行的60％，但自2月以來，長期持有人的分配增加了363,000 BTC。

Technical analysis indicates one last resistance level remains at roughly $96,100 despite the positive trend. “At the $96K level, there will be the final resistance from the cohort holding coins for 3-6 months, then the next target of $100K opens up,” claims Bitcoin researcher Axel Adler Jr.

技術分析表明，儘管有積極的趨勢，但最後一個阻力水平仍為96,100美元。比特幣研究人員Axel Adler Jr.聲稱：“在96,000美元的水平上，將有3-6個月的同夥持有硬幣的最終抵抗力，然後是下一個10萬美元的目標。”

Based on on-chain statistics, investors have over 392,000 BTC at an average cost basis of $97,000, hence generating a possible resistance zone whereby many could sell at break-even. Before a possible climb toward the psychologically important $100,000 threshold, this emphasis could momentarily slow down Bitcoin’s upward speed.

根據鏈上的統計，投資者的平均成本為97,000美元，有超過392,000 BTC，因此產生了一個可能的阻力區，許多人可以在Breake-ever-ever-ever-exter上出售。在朝著心理上重要的100,000美元閾值攀升之前，這種重點可能會暫時放慢比特幣的向上速度。

Identifying three price targets—$131,500, $144,900, and $ 166,700—suggesting ongoing higher movement after overcoming present resistance levels—Anonymous trader Ezy Bitcoin highlighted Bitcoin’s price behavior in the Wyckoff reaccumulation phase for long-term investors.

確定三個目標目標（131,500美元，144,900美元和166,700美元）在克服了當前的阻力水平後正在進行的更高運動 - 匿名交易者Ezy比特幣突出了比特幣在WYCKOFF重新匯總階段的比特幣的價格行為。

As sovereign wealth funds and organizations continue collecting Bitcoin as a hedge against currency inflation and macroeconomic uncertainty, the cryptocurrency’s road to new all-time highs appears increasingly likely, with the $100,000 milestone now within striking reach.

隨著主權財富基金和組織繼續收集比特幣，作為抵抗貨幣通貨膨脹和宏觀經濟不確定性的對沖，加密貨幣通往新的歷史最高高點的道路似乎越來越有可能，目前這是100,000美元的里程碑。