分析師表示，比特幣 ETF 需求可能會因 BTC 下跌而激增

Could Demand for Bitcoin ETFs Rise as BTC Dips?

隨著 BTC 下跌，比特幣 ETF 的需求會上升嗎？

CryptoQuant CEO Ki Young Ju believes demand for spot Bitcoin ETFs could bounce back if BTC's price continues to slide.

CryptoQuant 執行長 Ki Young Ju 認為，如果 BTC 價格持續下滑，對現貨比特幣 ETF 的需求可能會反彈。

Historical Trends Support the Theory

歷史趨勢支持該理論

Young Ju notes that historically, demand for Bitcoin ETFs spikes when the cryptocurrency hits certain price points.

Young Ju 指出，從歷史上看，當加密貨幣達到特定價格點時，對比特幣 ETF 的需求就會激增。

Recent Data Points to Outflows

最新數據顯示資金外流

However, BitMEX Research reports negative net flows in spot BTC ETFs, including outflows from the Grayscale Bitcoin Trust ETF.

然而，BitMEX Research 報告稱，現貨 BTC ETF 的淨流量為負，其中包括灰階比特幣信託 ETF 的流出。

Whales and ETFs

鯨魚和 ETF

Young Ju highlights that new BTC whales, particularly ETF buyers, have an on-chain cost basis of $56,000. He expects significant inflows into ETFs if Bitcoin dips to that level.

Young Ju 強調，新的 BTC 鯨魚，尤其是 ETF 買家，其鏈上成本基礎為 56,000 美元。他預計，如果比特幣跌至這一水平，將會有大量資金流入 ETF。

Possible Further Dip in BTC

比特幣可能進一步下跌

Young Ju suggests a potential further correction in BTC, given historical trends that show corrections often result in a 30% drop. This could bring Bitcoin's price down to $51,000 from its recent all-time high of $73,750.

Young Ju 建議 BTC 可能會進一步回調，因為歷史趨勢表明回調通常會導致 30% 的下跌。這可能會使比特幣的價格從近期歷史高點 73,750 美元降至 51,000 美元。

Market Conditions and Halving

市場狀況和減半

Analysts attribute the recent Bitcoin price correction to overheated market conditions and retracement ahead of the upcoming Bitcoin halving event in April.

分析師將最近的比特幣價格調整歸因於市場過熱以及四月即將到來的比特幣減半事件之前的回調。