比特幣的優勢正朝著新的鑰匙樞軸級別邁進

比特幣優勢正朝著新的鑰匙樞軸級別邁進，幾位分析師期望頭部和肩膀的模式逆轉可能打開山寨幣的大門。

Bitcoin (BTC) dominance is heading toward a new key pivot level, with several analysts expecting a head-and-shoulders pattern reversal that may open the door to a long-awaited altcoin season.

比特幣（BTC）的優勢正朝著一個新的鑰匙樞軸級別邁進，幾位分析師期望頭部和肩膀的模式逆轉可能為期待已久的Altcoin季節打開大門。

As the altcoin season index is almost as low as ever, according to Mister Crypto, this pattern usually happens when altcoins are preparing for a surge, especially before they attain the parabolic trend.

根據Crypto先生的說法，由於Altcoin季節指數幾乎像以往一樣低，因此這種模式通常會在山寨幣為激增做準備時，尤其是在達到拋物線趨勢之前。

His tweet is in sync with an analysis by CryptoELiTES, who noted that BTC.d is still high, as previous tops indicate, while Fed total assets are at a local low.

他的推文與CryptoElites的分析同步，他指出，BTC.D仍然很高，正如先前的TOPS所示，而美聯儲的總資產處於本地低位。

“The Fed is officially cornered! It’s time for Bitcoin Dominance to drop and the Altcoin rally to finally take off! We’re expecting Q2 2025 for the next bounce.”

“美聯儲正式陷入困境！是時候該比特幣統治地位了，而山寨幣集會終於起飛了！我們期望下一次彈跳將獲得第二季度2025。”

The visual correlation suggests that the BTC.d tops usually precede an upcoming decline, which is traditionally linked to the surge of altcoins. Currently, the total assets of the Fed appear to be rebounding from another local bottom, a pattern that typically signals a decrease in BTC dominance.

視覺相關性表明，BTC.D頂部通常是在即將下降之前的下降，傳統上與​​AltCoins的激增有關。當前，美聯儲的總資產似乎是從另一個局部底部反彈的，這種模式通常表示BTC優勢的下降。

Analysts From Matrixport Warn: Macro Conditions Still Not Supportive for Sustainable Altcoin Trend

Matrixport警告的分析師：宏觀條件仍然不支持可持續山寨趨勢

In a recent report, analysts from Matrixport highlighted that the recent rally in the altcoin market does not yet have sufficient support from policies in the macro economy and money supply. They identified four key conditions for a sustainable altcoin season: a change in regime at the Federal Reserve toward cutting interest rates, a hike in stablecoin issuance, and increased macro liquidity, along with a decrease in Bitcoin dominance.

Matrixport的分析師在最近的一份報告中強調，山寨幣市場最近的集會尚未在宏觀經濟和貨幣供應方面提供足夠的政策支持。他們確定了可持續替代季節的四個關鍵條件：美聯儲在降低利率的政權變化，穩定發行的升高和增加宏流動性以及比特幣優勢下降。

Among these four, only stablecoin issuance seems to have made some more concrete advancement. Since August, Tether (USDT) has increased by 26%, and USD Coin (USDC) has surged from $31bn to $60bn. However, increasing expectations of the federal funds rate and unresolved trade issues are hindering optimism among investors in general.

在這四個中，只有Stablecoin發行似乎取得了更具體的進步。自8月以來，Tether（USDT）增長了26％，USD Coin（USDC）已從31億美元飆升至600億美元。但是，對聯邦資金利率和未解決的貿易問題的期望不斷增加，這阻礙了投資者的樂觀情緒。

The US Federal Reserve chair, Jerome Powell, recently affirmed that the organization has signaled it is not inclined to lower the interest rate.

美國美聯儲主席杰羅姆·鮑威爾（Jerome Powell）最近確認該組織表示不願降低利率。

Also, the Fed is keeping an eye on the impact of policy adjustments and the Trump administration’s tariff plans. Some analysts have warned that inflation risks from the tariffs may slow the trend toward easing monetary policy.

此外，美聯儲正在關注政策調整的影響以及特朗普政府的關稅計劃。一些分析人士警告說，關稅的通貨膨脹風險可能會減緩降低減輕貨幣政策的趨勢。

However, even Ether (ETH) has not been able to regain the market leadership among altcoins. Additionally, it has lost nearly half of its value since the approval of the US-based spot Ether ETF. Matrixport also revealed that the interest from public investors was not sustained, as it was only observed to increase in the early days of the year. Every single trend, from AI tokens to meme coins, has followed the classic pattern.

但是，即使是Ether（ETH）也無法重新獲得山寨幣之間的市場領導能力。此外，自從美國基於美國ETHET ETF的批准以來，它已經失去了其價值的一半。 Matrixport還透露，公共投資者的興趣沒有得到持續，因為僅觀察到在一年中的早期就會增加。從AI代幣到模因硬幣的每一個趨勢都遵循了經典模式。

Scottie Pippen Fuels Hype With April 20 Prediction

Scottie Pippen燃料與4月20日的預測有關

Adding to the discussion, basketball star Scottie Pippen weighed in on the topic. According to the NBA legend, the biggest altcoin season may start as soon as April 20, 340 days after the last Bitcoin halving event.

除了討論外，籃球明星Scottie Pippen對這個話題進行了權衡。根據NBA傳奇，最大的Altcoin賽季可能會在上一場比特幣減半比賽后的4月20日開始。

He explained that the last halving event took place on the 20th of April 2024, which saw block rewards halved to 3.125 BTC. Pippen stated that previous alt seasons happened around one year after similar supply shocks. The accumulation of spot Bitcoin ETFs by institutions like Blackrock, which holds over 570,000 BTC, also increases the chances of a liquidity-driven altcoin cycle.

他解釋說，最後一場減半的事件發生在2024年4月20日，該活動使Block Rewards一半降至3.125 BTC。皮彭（Pippen）表示，在類似的供應衝擊之後，以前的ALT季節發生在一年左右。持有超過570,000 BTC的貝萊德（BlackRock）等機構等機構堆積的比特幣ETF的積累也增加了流動性驅動的AltCoin週期的機會。