隨著投資者尋求策略，比特幣的選舉漲勢顯示出消退的跡象

根據 Coin Metrics 的數據，自 11 月 5 日選舉日以來，比特幣價格已飆升約 30%，週三觸及超過 93,000 美元的歷史紀錄。

Investors looking to capitalize on crypto's massive gains are being urged to be strategic in their entries.

希望利用加密貨幣巨大收益的投資者在入場時必須具有策略性。

Bitcoin prices have surged roughly 30% since Election Day on Nov. 5, touching a record of more than $93,000 on Wednesday, according to Coin Metrics. Prices dipped below the $88,000 level just before Thursday's stock market close, as the postelection rally showed signs of fading.

根據 Coin Metrics 的數據，自 11 月 5 日選舉日以來，比特幣價格已飆升約 30%，週三觸及超過 93,000 美元的歷史紀錄。週四股市收盤前，價格跌破 88,000 美元，因為大選後的漲勢顯示出消退跡象。

However, investors may want to consider how the political environment will impact prices moving forward.

然而，投資者可能需要考慮政治環境將如何影響未來的價格。

“You need to understand how the cryptocurrency market is progressing, particularly around new administration policies,” State Street Global Advisors' Matt Bartolini, head of SPDR Americas research, told CNBC's “ETF Edge” on Monday.

「你需要了解加密貨幣市場的進展情況，特別是圍繞新的政府政策，」道富環球顧問公司 SPDR 美洲研究主管 Matt Bartolini 週一對 CNBC 的「ETF Edge」表示。

Bartolini expects pro-crypto policies under the Trump administration to give an additional boost to the asset class.

巴托里尼預計川普政府的支持加密貨幣的政策將進一步提振該資產類別。

“You have an administration that is going to be more crypto-friendly in terms of their regulation policies, and potentially lesser hurdles for cryptocurrencies and other digital assets to start to receive broad-based financial institution support,” he added.

他補充說：“政府的監管政策將更加支持加密貨幣，加密貨幣和其他數位資產開始獲得廣泛的金融機構支持的障礙可能會減少。”

‘Entry price is everything'

“入門價格就是一切”

While Astoria Portfolio Advisors CEO John Davi agrees that Donald Trump's win is fueling near-term gains, he is skeptical on how much more room bitcoin has to run.

儘管阿斯托里亞投資組合顧問公司首席執行官約翰·戴維（John Davi）同意唐納德·特朗普的勝利正在推動近期收益，但他對比特幣還有多少運行空間持懷疑態度。

“Trump's cabinet will be pro-crypto. I would caution viewers that a lot of it's in the price,” Davi said in the same interview. “A lot of it was front-running ETF flows.”

「川普的內閣將支持加密貨幣。我要提醒觀眾，其中很多都體現在價格上，」戴維在同一次採訪中說道。 “其中很多都是搶先交易的 ETF 資金流。”

The first batch of spot bitcoin ETFs began trading on Jan. 11, with the underlying cryptocurrency rallying over 90% since then.

第一批現貨比特幣 ETF 於 1 月 11 日開始交易，此後標的加密貨幣上漲了 90% 以上。

“In this business, entry price is everything, and it's rallied quite a bit. So I would just be careful and tactical with your entry points,” Davi added.

「在這個行業，入門價格就是一切，而且價格已經上漲了很多。所以我會對你的切入點保持謹慎和戰術性，」戴維補充道。

To manage downside risk, State Street's Bartolini recommends investors take an active approach with their digital currency investments.

為了管理下行風險，道富銀行的巴托里尼建議投資人對數位貨幣投資採取積極的態度。

“The ability to utilize actively-managed strategies to decipher the winners and losers around either regulatory-inspired headwinds or just ongoing usage and adoption of digital assets, I think that could be beneficiary,” he said.

“我認為，能夠利用積極管理的策略來解讀監管引發的逆風或數位資產的持續使用和採用的贏家和輸家，我認為這可能是受益者。”