比特幣BTC/USD，以太坊ETH/USD和S＆P 500在黑色星期四周年紀念日之前對齊

Copper.co的一份新報告是一家位於瑞士的數字資產服務提供商Copper.co，重點介紹了比特幣BTC/USD，Ethereum Eth/USD和S＆P 500之間的重要一致性。

A new report from Copper.co, a Swiss-based digital asset service provider, highlights a significant alignment between Bitcoin (BTC), Ethereum (ETH) and the S&P 500.

Copper.co的一份新報告是一家位於瑞士的數字資產服務提供商Copper.co，重點介紹了比特幣（BTC），以太坊（ETH）和S＆P 500之間的重要一致性。

Both cryptocurrencies have achieved an 83% compound annual growth rate (CAGR) since their 2020 lows, compared to the S&P 500's 20% CAGR over the same period, the report noted.

該報告指出，這兩種加密貨幣都在2020年的低谷以來達到了83％的複合年增長率（CAGR），而同一時期的同期為20％的CAGR相比。

The findings come as Ethereum briefly dipped below a key trendline on the five-year anniversary of Black Thursday but closed above it, raising questions about its ability to maintain this level.

這些發現是因為以太坊短暫浸入了黑色星期四五週年的關鍵趨勢線以下，但在其上面關閉，引發了有關其維持該水平的能力的疑問。

Copper.co's analysis details the performance of Bitcoin and Ethereum over the past five years. Bitcoin dropped from $94,265 on March 3 to $80,699 by March 10, and Ethereum fell from $2,518 to $2,020 over the same period, according to data sourced from Copper Calc and TradingView.

Copper.co的分析詳細介紹了比特幣和以太坊在過去五年中的性能。根據銅計算和交易雜誌的數據，比特幣從3月3日的94,265美元下降到3月10日到3月10日的80,699美元，以太坊從同期$ 2,518下降到2,020美元。

Despite these declines, both assets have shown identical long-term growth since March 13, 2020. Bitcoin's closing price CAGR is 70%, just 1% above Ethereum's.

儘管有這些下降，但兩種資產都顯示出自2020年3月13日以來的長期增長相同。比特幣的收盤價CAGR為70％，比以太坊高1％。

The S&P 500, currently in correction territory, mirrors patterns observed in 2020, suggesting a possible market shift.

目前處於矯正領域的標準普爾500指數反映了2020年觀察到的模式，這表明可能會發生市場變化。

"Ethereum and Bitcoin have tracked remarkably similar growth trajectories since their 2020 lows, with both delivering an 83% CAGR. This remarkable consistency in such a volatile market is a testament to the resilience of these assets," Fadi Aboualfa, Copper.co's Head of Research told Benzinga.

Copper.co Fadi Aboualfa告訴Benzinga。

"The S&P 500's correction also echoes patterns seen in 2020, which suggests a potential turning point and raises optimism levels for investors who are looking for a bounce."

“標準普爾500指數的校正也呼應了2020年的模式，這表明了一個潛在的轉折點，並為正在尋找反彈的投資者提高了樂觀水平。”

The M2 Global Liquidity Index, often correlated with Bitcoin's price movements at an average of 0.82 since 2015 with a typical lag of 10 to 14 weeks, reached its most recent cycle bottom on Jan. 10.

自2015年以來，M2全球流動性指數通常與比特幣的價格變動相關，平均為0.82，典型的滯後時間為10到14週，在1月10日達到了最新的周期底部。

This indicates that Bitcoin may trade sideways until late March or April based on 70-day and 100-day lags respectively.

這表明比特幣可能分別基於70天和100天的滯後，直到3月下旬或4月交易。

This timeframe aligns with prior studies including Copper.co's Market Cap vs. Realized Market Cap analysis and Bitcoin price simulations which suggest a potential price peak of $160,000 by May or June when markets might overheat.

這個時間範圍與先前的研究相吻合，包括Copper.co的市值與已實現的市值分析和比特幣價格模擬，這表明到5月或6月市場可能過熱時，潛在的價格峰值為160,000美元。

However, Copper.co noted that M2 must continue rising to sustain this trend which is a factor often omitted in such analysis.

但是，Copper.co指出，M2必須繼續上升以維持這一趨勢，這是這種分析中經常省略的因素。

From a portfolio perspective, Copper.co applies Modern Portfolio Theory.suggesting an optimal allocation of 18% Bitcoin to maximize the Sharpe Ratio.

從投資組合的角度來看，copper.co應用現代投資組合理論。挑選18％比特幣的最佳分配以最大程度地提高夏普比率。

"As of today, the risk-to-return symmetry is striking. With the S&P 500 delivering a 20% CAGR over the past five years, this implies a 4:1 risk-reward ratio compared to crypto assets," Aboualfa stated emphasizing the potential for balanced investment strategies.

“截至今天，回報對稱性的風險令人震驚。在過去的五年中，標準普爾500指數的複合年增長率為20％，這意味著與加密資產相比，4：1風險獎勵比率。” Aboualfa表示，強調了平衡投資策略的潛力。

The report, intended for institutional and professional clients, includes a disclaimer that digital assets carry high risks and may not be suitable for all investors, reflecting Copper.co's adherence to Swiss financial regulations.

該報告針對機構和專業客戶，包括一個免責聲明，即數字資產具有高風險，並且可能不適合所有投資者，反映了Copper.co對瑞士金融法規的遵守。