比特幣超越以太坊，但 Raoul Pal 相信 ETH 很快就會收復失地

唐納德·川普作為美國第 47 任總統的勝利給整個加密貨幣市場帶來了積極的影響，一些加密貨幣的價格飆升至新的高度。

Donald Trump's victory as the 47th president of the United States has had a positive impact on the cryptocurrency market, with some coins reaching new highs.

唐納德·川普當選美國第 47 任總統對加密貨幣市場產生了積極影響，一些幣種創下新高。

Bitcoin and Ethereum's price action in focus

比特幣和以太幣的價格走勢成為焦點

Bitcoin [BTC], in particular, rode the post-election wave, breaking through its previous all-time high set in March.

尤其是比特幣，在選舉後的浪潮中，突破了 3 月創下的歷史新高。

At the time of writing, Bitcoin was trading at $76,121.63, up 1.58% in the last 24 hours and 8.68% over the past week.

截至撰寫本文時，比特幣交易價格為 76,121.63 美元，過去 24 小時內上漲 1.58%，過去一週上漲 8.68%。

Meanwhile, Ethereum [ETH], the second-largest cryptocurrency by market capitalization, crossed the critical $2,500 resistance level and was trading at $2,926.80. At the time of writing, it had gained over 12% on the weekly chart.

同時，市值第二大加密貨幣以太幣 [ETH] 突破了 2,500 美元的關鍵阻力位，交易價格為 2,926.80 美元。截至撰寫本文時，其周線圖漲幅已超過 12%。

Together, these developments signaled a sustained bullish trend for the leading cryptocurrencies following Trump's election victory.

總之，這些事態發展標誌著川普當選後主要加密貨幣的持續看漲趨勢。

Bitcoin outperforms Ethereum, but Raoul Pal sees a shift coming

比特幣的表現優於以太坊，但 Raoul Pal 認為轉變即將到來

Comparing the price movements of Bitcoin and ETH, it's evident that Bitcoin exceeded expectations by surpassing its previous all-time high. In contrast, Ethereum, which was largely expected to breach the $4,000 barrier, is yet to achieve this milestone.

比較比特幣和以太坊的價格走勢，很明顯，比特幣超出了先前的歷史高點，超出了預期。相比之下，人們普遍預計以太坊將突破 4,000 美元大關，但它尚未實現這一里程碑。

In light of this, Raoul Pal presented an argument suggesting that ETH could soon outpace Bitcoin in terms of performance.

有鑑於此，Raoul Pal 提出了一個論點，表明 ETH 的性能可能很快就會超過比特幣。

He stated,

他說，

“I’ve been expecting $ETH to start gaining lost ground on BTC. It's partly driven by the risk taking cycle but it’s also driven by the election.”

「我一直預計 ETH 會開始收復 BTC 的失地。這部分是由冒險週期推動的，但也受到選舉的推動。

What factors did he use to support his argument?

他用什麼因素來支持他的論點？

Pal went on to highlight several factors that could contribute to Ethereum's potential outperformance over Bitcoin.

帕爾接著強調了可能導致以太坊表現優於比特幣的幾個因素。

He pointed to the positive evolution of the crypto regulatory landscape, which is expected to continue improving in the near future. As regulations become clearer and more established, Pal believes that ETH, given its dominant role in the decentralized finance (DeFi) space, is well-positioned to benefit.

他指出加密貨幣監管環境的積極演變，預計在不久的將來將繼續改善。隨著監管變得更加清晰和更加完善，Pal 認為，鑑於 ETH 在去中心化金融（DeFi）領域的主導地位，它完全有能力受益。

Moreover, DeFi tokens are gaining momentum and presenting lucrative opportunities, and Ethereum's foundational role in this ecosystem enhances its value.

此外，DeFi 代幣正在蓄勢待發，並帶來了利潤豐厚的機會，而以太坊在該生態系統中的基礎作用也增強了其價值。

Finally, ETH's strong reputation for security and trust makes it a prime candidate for integration into traditional finance, where its flexibility and scalability could facilitate institutional adoption.

最後，ETH 在安全性和信任方面的良好聲譽使其成為融入傳統金融的主要候選者，其靈活性和可擴展性可以促進機構採用。

Anything else?

還要別的嗎？

He concluded his argument by stating,

他在總結自己的論點時說：

“My view is that ETH begins to outpace BTC for the rest of the cycle but underperforms SOL and $SOL underperforms $SUI as SUI is in the ultimate performance stage of adoption – early > proven.”

“我的觀點是，在周期的剩餘時間內，ETH 開始超過 BTC，但表現低於 SOL，$SOL 表現低於 $SUI，因為 SUI 正處於採用的最終性能階段 – 早期 > 已得到證實。”

Here, it's important to note that Pal's insights drew criticism from Chris Close who stated,

在這裡，值得注意的是，帕爾的見解引起了克里斯·克洛斯的批評，他說：

Chris Close who stated,

克里斯克洛斯表示，

Source: Chris Close/X

資料來源：克里斯克洛斯/X

However, Pal remained steadfast in his argument and responded by saying,

然而，帕爾仍然堅持自己的觀點，並回應：

“We all have issues my friend. It doesn’t hold us back from greatness.”

「我的朋友，我們都有問題。它不會阻止我們走向偉大。

Hence, as Ethereum continues its positive momentum and attempts to break through the $3K barrier, the coming days will reveal whether it can sustain this upward trajectory.

因此，隨著以太坊繼續保持積極勢頭並試圖突破 3000 美元大關，未來幾天將揭示是否能夠維持這種上升軌跡。