比特幣面臨重大更正的恐懼，因為黃金的年度增長超過20％

比特幣自1月以來增長了10％，但可能面臨重大更正，因為黃金的年度增長量為20％。這兩個資產之間的這種反向動態引起了人們對加密貨幣市場中即將逆轉的擔憂。

As the US dollar reaches a 52-week high and 10-year bond yields cross 4.80%, an unusual occurrence is observed in the financial markets. Gold prices are rising despite the high dollar values, which typically have an inverse relationship.

隨著美元達到52周高和10年的債券收益率越過4.80％，在金融市場中觀察到異常情況。儘管美元價值很高，但黃金價格仍在上升，這些價值通常具有反相反的關係。

This trend is further highlighted by the resilience of gold prices amidst market turbulence, such as the concerns over AI DeepSeek this week. “Gold prices are rising despite the volatility of the S&P 500 and the strength of the dollar,” notes Ali K. Kobeissi in The Kobeissi Letter on January 28, 2025.

在市場動蕩之中，黃金價格的韌性進一步強調了這一趨勢，例如本週對AI DeepSeek的擔憂。 “儘管標準普爾500標準普爾500分和美元的實力波動，但黃金價格仍在上升，” Ali K. Kobeissi在2025年1月28日的Kobeissi信中指出。

Moreover, gold is experiencing strong demand as a safe haven asset, while Bitcoin's gains are notably slower. Data from Cointelegraph Markets Pro and TradingView shows a 10% increase in BTC since January, compared to gold's 20% gains.

此外，黃金作為避風港資產的需求強勁，而比特幣的收益明顯較慢。 Cointelegraph Markets Pro和TradingView的數據顯示，自1月以來，BTC增長了10％，而Gold的20％增長。

This divergence raises concerns among traders, especially considering the technical analysis of the Bitcoin/gold ratio. As the Northstar account on X highlights, if the ratio falls below 34, it could mark the end of the upward trend. This level is closely monitored as the ratio reached historic highs in December 2024.

這種差異引起了交易者的擔憂，尤其是考慮到比特幣/黃金比率的技術分析。正如X亮點上的Northstar帳戶所述，如果比率低於34，則可能標誌著向上趨勢的終結。隨著2024年12月的比率達到歷史最高點，該水平受到密切監測。

However, some experts, like Michaël van de Poppe, remain optimistic, suggesting that Bitcoin will eventually follow gold to new highs, a trend observed previously with a lag of several months.

但是，一些專家，例如Michaëlvan de Poppe，仍然樂觀，這表明比特幣最終將遵循黃金到新的高點，這一趨勢先前以幾個月的滯後觀察到。

Currently, the BTC/XAU ratio is consolidating, and a break below 34 could signal the end of the bullish cycle. On the other hand, holding above this threshold would strengthen the positive momentum for a few more weeks or months.

當前，BTC/XAU比率是合併的，低於34的中斷可能標誌著看漲週期的結束。另一方面，保持閾值以上將增強幾週或幾個月的積極動力。

As gold demonstrates exceptional resilience and Bitcoin faces a critical juncture, influenced by Arizona's initiative to allocate public funds to the asset, investors should closely monitor technical signals that could indicate a market reversal.

由於黃金表現出卓越的彈性，比特幣面臨著一個關鍵的關頭，這受亞利桑那州的計劃，將公共資金分配給資產，投資者應密切監視可能表明市場逆轉的技術信號。