比特幣和以太坊 ETF 資金流入創歷史新高，顯示投資者信心不斷增強

最近的美國總統選舉結果對各個經濟領域產生了連鎖反應，加密貨幣市場成為顯著的受益者。

The recent U.S. presidential election has had a positive impact on various economic sectors, including the cryptocurrency market. Both Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have seen record inflows, indicating growing investor confidence in these leading cryptocurrencies. In this article, we analyze the ETF investment surge and its implications for the future price action of BTC and ETH.

最近的美國總統大選對包括加密貨幣市場在內的各個經濟領域產生了積極影響。比特幣（BTC）和以太坊（ETH）交易所交易基金（ETF）的資金流入均創歷史新高，顯示投資者對這些領先加密貨幣的信心不斷增強。在本文中，我們分析了 ETF 投資激增及其對 BTC 和 ETH 未來價格趨勢的影響。

Bitcoin ETFs Hit Record Inflows

比特幣 ETF 流入量創歷史新高

One of the most notable developments following the election results is the record inflows into Bitcoin ETFs. According to a tweet by popular crypto analyst CRYPTOBIRD, more than 17,000 BTC were bought recently, with a total of 406,000 BTC netflows registered up to November 7, 2024. In fact, on November 7 alone, Bitcoin ETFs saw over 17.9k BTC in net inflows, setting a new high.

選舉結果後最顯著的進展之一是比特幣 ETF 的資金流入創歷史新高。根據熱門加密貨幣分析師CRYPTOBIRD 的推文，最近購買了超過17,000 個BTC，截至2024 年11 月7 日，總共有406,000 個BTC 淨流入。超過17,900 個BTC資金流入量再創新高。

This surge in ETF purchases is a clear sign that investors are increasingly confident in Bitcoin’s future prospects. Bitcoin’s price has also responded positively, rising nearly 10% in the past week, currently trading at $75,890, which is close to its all-time high.

ETF 購買量的激增清楚地表明投資者對比特幣的未來前景越來越有信心。比特幣價格也做出正面反應，過去一週上漲近10%，目前交易價格為75,890美元，接近歷史高點。

The massive rise in ETF netflows suggests that institutional investors are not only bullish on Bitcoin’s future but are also eager to gain exposure to the asset through ETFs, a more regulated and accessible investment vehicle compared to direct crypto purchases.

ETF 淨流量的大幅成長表明，機構投資者不僅看好比特幣的未來，而且渴望透過ETF 獲得該資產的投資，與直接購買加密貨幣相比，ETF 是一種更受監管、更容易獲得的投資工具。

A Strong Sign of Buying Pressure

購買壓力的強烈跡象

To further understand the buying pressure behind Bitcoin, we analyzed data from Glassnode, which tracks on-chain activity. The BTC accumulation trend score, which measures the relative size of entities actively accumulating Bitcoin, jumped from 0.04 to 0.8 over the past month. A score closer to 1 indicates high buying pressure, and this sharp increase suggests that more and more market participants are accumulating BTC. This is often seen as a bullish indicator, especially when combined with the recent ETF inflows.

為了進一步了解比特幣背後的購買壓力，我們分析了來自追蹤鏈上活動的 Glassnode 的數據。 BTC 累積趨勢得分（衡量積極累積比特幣的實體的相對規模）在過去一個月從 0.04 躍升至 0.8。分數接近 1 表示購買壓力較高，這種急劇增加表明越來越多的市場參與者正在累積 BTC。這通常被視為看漲指標，尤其是與近期 ETF 流入結合時。

If this trend continues, there is potential for further bullish momentum in the Bitcoin market, with many traders expecting the price to push beyond its recent highs in the coming weeks.

如果這種趨勢持續下去，比特幣市場有可能進一步看漲勢頭，許多交易者預計價格將在未來幾週內突破近期高點。

Ethereum ETFs Also Experience Major Inflows

以太坊 ETF 也出現大量資金流入

It’s not just Bitcoin that’s seeing an influx of investor interest—Ethereum is also benefiting from a surge in ETF netflows. According to data from Dune Analytics, Ethereum ETFs recorded inflows exceeding $56 million on November 7, one of the largest daily netflows since the inception of Ethereum ETFs. This surge in interest is encouraging for ETH holders, as it suggests that institutional confidence in Ethereum is growing alongside Bitcoin.

投資者興趣湧入的不僅是比特幣，以太坊也受益於 ETF 淨流量的激增。根據 Dune Analytics 的數據，以太坊 ETF 於 11 月 7 日錄得超過 5,600 萬美元的流入，這是自以太坊 ETF 成立以來最大的每日淨流量之一。這種興趣的激增對 ETH 持有者來說是令人鼓舞的，因為這表明機構對以太坊的信心與比特幣一起增長。

Ethereum’s price has already been showing positive movement, increasing by over 15% in the past week. At the time of writing, ETH was trading at $2,900, reflecting the growing optimism surrounding the asset.

以太坊的價格已經呈現出積極的走勢，過去一周上漲了 15% 以上。截至撰寫本文時，ETH 的交易價格為 2,900 美元，反映出圍繞該資產的樂觀情緒日益增長。

What Do the Technical Indicators Say?

技術指標說明了什麼？

Both Bitcoin and Ethereum are showing bullish technical indicators, which further strengthen the case for a continued rally.

比特幣和以太坊都顯示出看漲的技術指標，這進一步強化了持續上漲的理由。

For Bitcoin, the moving average (MA) cross indicator suggests a clear bullish advantage, with the shorter-term MA crossing above the longer-term MA. However, Bitcoin’s price is currently near the upper limit of the Bollinger Bands, which suggests that there could be a short-term pullback before the next leg up. Traders should watch for any signs of a consolidation phase or a slight correction, which could provide a buying opportunity before the price continues its upward trajectory.

對於比特幣來說，移動平均線（MA）交叉指標顯示出明顯的看漲優勢，短期 MA 穿越長期 MA 上方。然而，比特幣的價格目前接近布林帶上限，這表明在下一輪上漲之前可能會出現短期回調。交易者應留意任何盤整階段或小幅調整的跡象，這可能在價格繼續上漲之前提供買入機會。

In the case of Ethereum, the golden cross—a bullish pattern where the short-term MA crosses above the long-term MA—is currently forming. If this cross completes, it could trigger a more substantial rally, potentially propelling ETH further. Ethereum’s recent surge, combined with this technical signal, suggests that its bullish momentum may be far from over.

就以太坊而言，金叉——一種看漲模式，短期移動平均線穿過長期移動平均線——目前正在形成。如果該交叉完成，可能會引發更大幅度的反彈，從而進一步推動 ETH 上漲。以太坊最近的飆升，加上這項技術訊號，表明其看漲勢頭可能還遠未結束。

What This Means for the Crypto Market

這對加密貨幣市場意味著什麼

The record inflows into Bitcoin and Ethereum ETFs indicate a shift in market sentiment. With more institutional investors pouring capital into these assets, there is a growing sense of confidence in the long-term viability of Bitcoin and Ethereum. The fact that these ETFs are seeing such large netflows suggests that traditional investors are not just speculating on short-term price moves but are increasingly viewing Bitcoin and Ethereum as integral parts of their portfolios.

比特幣和以太坊 ETF 的創紀錄流入表明市場情緒發生轉變。隨著越來越多的機構投資者將資金投入這些資產，人們對比特幣和以太坊的長期生存能力越來越有信心。這些 ETF 的淨流量如此之大，這一事實表明，傳統投資者不僅在猜測短期價格走勢，而且越來越多地將比特幣和以太坊視為其投資組合的組成部分。

Moreover, the growing social engagement and rising development activity in both Bitcoin and Ethereum also indicate that these blockchain platforms are not only well-positioned for future growth but are actively evolving to meet the demands of a rapidly changing digital economy. This all bodes well for the long-term outlook of both assets.

此外，比特幣和以太坊不斷增長的社會參與和不斷增長的開發活動也表明，這些區塊鏈平台不僅為未來的成長做好了準備，而且正在積極發展以滿足快速變化的數位經濟的需求。這對於這兩種資產的長期前景來說都是好兆頭。

Final Thoughts: A Bullish Outlook for BTC and ETH

最後的想法：BTC 和 ETH 的看漲前景

The recent record inflows into Bitcoin and Ethereum ETFs, supported by strong technical indicators, institutional interest, and rising buying pressure, suggest that both assets are enjoying increased investor confidence. Bitcoin’s near-record price levels and Ethereum’s impressive performance indicate that the rally could continue in the near future, provided the bullish trend holds.

在強勁的技術指標、機構興趣和不斷上升的購買壓力的支持下，近期比特幣和以太坊 ETF 的資金流入創紀錄，顯示投資者對這兩種資產的信心正在增強。比特幣接近歷史紀錄的價格水平和以太坊令人印象深刻的表現表明，只要看漲趨勢持續下去，反彈可能在不久的將來繼續。

As always, investors should

像往常一樣，投資者應該