市場預期 2025 年看漲，比特幣 ETF 重拾動力

在經歷了幾天的負面結果之後，隨著 2024 年底的到來，比特幣 ETF 似乎已經恢復了勢頭。

After several days of negative results, Bitcoin ETFs have apparently regained momentum as we approach the end of 2024.

在經歷了幾天的負面結果之後，隨著 2024 年底的臨近，比特幣 ETF 顯然已經恢復了勢頭。

Between December 19 and December 24, the collective of spot Bitcoin ETFs amounted to over $1.5 billion in outflows—the highest ever recorded in a week. Moreover, BTC ETFs hadn't seen a 4-day outflow streak in nearly 3 months, with the last time being on September 6th.

12 月 19 日至 24 日期間，比特幣 ETF 現貨流出總額超過 15 億美元，創一週以來最高紀錄。此外，BTC ETF已經近3個月沒有連續4天流出的情況，上一次是在9月6日。

During that same time frame, Bitcoin entered a week-long bearish trend, losing over 12% of its value.

在同一時間段內，比特幣進入了為期一周的看跌趨勢，價值損失超過 12%。

However, the ETF story changed after the Christmas break on December 26th. On that date, Bitcoin ETFs recorded nearly half a billion dollars in inflows. This movement was led by Fidelity's FBTC, which saw $254.4 million inflows. Coming in second, Ark's ARKB ETF saw $186.9 million in inflows.

然而，12 月 26 日聖誕假期後，ETF 的情況發生了變化。當日，比特幣 ETF 錄得近 5 億美元的資金流入。這項運動由富達 (Fidelity) 的 FBTC 引領，流入資金達 2.544 億美元。位居第二的是 Ark 的 ARKB ETF，流入資金為 1.869 億美元。

VanEck's HODL and Grayscale's BTC saw minimal inflows of less than $10 million, while the largest Bitcoin ETF by market capitalization, Blackrock's IBIT, saw $56.5 million in inflows.

VanEck 的 HODL 和 Grayscale 的 BTC 流入量不到 1000 萬美元，而市值最大的比特幣 ETF Blackrock 的 IBIT 流入量為 5,650 萬美元。

So far, the highest single-day inflows recorded in December belong to IBIT, with $770 million in inflows on December 5th. Meanwhile, the highest outflow also belongs to Blackrock, with $188 million disbursements on December 24th.

迄今為止，12月單日最高流入金額屬於IBIT，12月5日流入7.7億美元。同時，流出量最高的也屬於貝萊德，12 月 24 日支出 1.88 億美元。

Bitcoin Drops Below $95,000

比特幣跌破 95,000 美元

The bull run slowdown has also impacted the Bitcoin market, with the asset dropping below the $95k margin for the first time since December 20th. At the time of writing, BTC trades at $94,132, down 1.6% according to CoinMarketCap.

牛市放緩也影響了比特幣市場，該資產自 12 月 20 日以來首次跌破 9.5 萬美元保證金。根據 CoinMarketCap 的數據，截至撰寫本文時，BTC 交易價格為 94,132 美元，下跌 1.6%。

Interestingly, the current price zone the asset trades at right now has proven to be a reliable resistance zone, with buyers refusing to let it dip below $92k. Throughout December, this zone was tested five times, with each rebuttal causing a response of at least a 5% surge in value.

有趣的是，該資產目前交易的價格區域已被證明是一個可靠的阻力區域，買家拒絕讓它跌破 92,000 美元。整個 12 月，這個區域被測試了五次，每次反駁都會造成至少 5% 的價值飆升。

The market has certainly slowed down over the past few days as the end-of-the-year festivities begin to take hold. Despite this, many anticipate a continuation of the bullish trend once January arrives.

隨著年終慶祝活動的開始，市場在過去幾天肯定已經放緩。儘管如此，許多人預計一月份到來後看漲趨勢將持續。