美國BTC-SPOT ETF市場在一月份的淨流入總額為51.587億美元

美國BTC-SPOT ETF市場在一周中的淨流入總額中有5.595億美元，低於上週的1,7.577億美元。

The US BTC-spot ETF market saw record inflows in January, with a total of $5,158.7 million. This marks the fourth highest net inflow since the launch of BTC-spot ETFs in the US.

美國BTC-SPOT ETF市場在一月份創下了創紀錄的流入，總計51.587億美元。這是自美國BTC SPOT ETF推出以來第四高的淨流入。

The latest data from ETF Trends shows that the US BTC-spot ETF market saw total net inflows of $559.5 million in the week, decreasing from $1,757.7 million the previous week.

來自ETF趨勢的最新數據表明，美國BTC-SPOT ETF市場在一周中的總淨流入量為5.595億美元，從上週的1,75770萬美元下降。

Concerns about a potentially more hawkish path for Federal Reserve interest rates tempered demand for the ETFs, which track the price of Bitcoin (BTC).

人們擔心對聯邦儲備利率對ETF的需求緩慢的需求的可能性更高，而ETF的需求是追踪比特幣價格（BTC）的。

Despite the slowdown in the last week of January, the US BTC-spot ETF market registered four weeks of inflows.

儘管一月份的最後一周有所放緩，但美國BTC-SPOT ETF市場仍在流入四個星期。

The market saw outflows of $231.7 million in the third week of January and $301.4 million in the second week. At the beginning of the year, the market saw inflows of $6,037.1 million in the first week of January.

1月的第三週，市場的流出量為2.317億美元，在第二週的流出量為3.014億美元。在今年年初，1月的第一周，市場流入了6,0.371億美元。

Overall, the US BTC-spot ETF market saw four weeks of inflows and three weeks of outflows in January.

總體而言，一月份的美國BTC-SPOT ETF市場在一月份有四個星期的流入和三週的流出。

Blackrock’s IBIT remains the largest BTC holder (excluding exchanges)

貝萊德的IBIT仍然是最大的BTC持有人（不包括交流）

Among the BTC-spot ETFs, Blackrock’s iSharesbitcoin Trust (IBIT) remains the largest BTC holder (excluding exchanges) with 582,821 BTC, according to data from HODL15Capital.

根據HODL15Capital的數據，在BTC SPOT ETF中，BlackRock的Isharesbitcoin Trust（IBIT）仍然是最大的BTC持有人（不包括交易所），其BTC為582,821 BTC。

The التالي في القائمة is Fidelity’s FBTC, which holds 213,634 BTC.

列表中的下一個是Fibelity的FBTC，其持有213,634 BTC。

Commenting on the performance of US BTC-spot ETFs, ETF Store President Nate Geraci said:

ETF商店總裁Nate Geraci評論了美國BTC點ETF的表現：

“I can still remember a year ago, when I was told there was no demand for spot btc etfs … After they had meaningful inflows, then it was all ‘degen retail’. One year later, they post a $5+bil inflow month. Love to see it.”

“我仍然記得一年前，當我被告知沒有對BTC ETF的需求……在他們有有意義的流入後，這一切都是'Degen零售'。一年後，他們發布了$ 5+BIL流入月。喜歡看到它。”

Political support grows for a US Strategic Bitcoin Reserve

政治支持增長為美國戰略比特幣儲備

Expectations for a US Strategic Bitcoin Reserve (SBR) also supported BTC price trends.

對美國戰略比特幣儲備（SBR）的期望也支持BTC價格趨勢。

On February 1, Senate Banking Subcommittee on Digital Assets Chair Cynthia Lummis said that the SBR is “the only tool I see that can help people in my generation right the wrongs that we did to younger generations and generations to follow.”

2月1日，參議院銀行業務小組委員會數字資產主席Cynthia Lummis表示，SBR是“我看到的唯一可以幫助我們這一代人的人正確地對年輕一代和世代犯的錯誤。”

Senator Lummis shared an interview where she discussed the potential impact of an SBR and the Bitcoin Act.

參議員盧米斯（Lummis）分享了一次採訪，討論了SBR和《比特幣法案》的潛在影響。

The Bitcoin Act proposes that the US government acquire one million BTC over five years, and then hold it for a mandatory 20 years. If implemented, a US SBR could tighten BTC supply, potentially driving it to new record highs.

《比特幣法》提出，美國政府在五年內收購了100萬BTC，然後將其持有20年的強制性。如果實施，美國SBR可能會收緊BTC的供應，並有可能將其推向新的紀錄高點。

However, it is important to note that the designation of assets for a national strategic reserve requires approval from US Congress, the Federal Reserve, the US Treasury Secretary and the President.

但是，重要的是要注意，國家戰略儲備的資產指定需要美國國會，美聯儲，美國財政部長和總統的批准。

BTC price outlook: Record highs in sight?

BTC Price Outlook：記錄高點？

Ultimately, BTC price trends will depend on a combination of factors, including Trump’s policies, the path of Fed interest rates, developments regarding an SBR and the performance of US BTC-spot ETFs.

最終，BTC價格趨勢將取決於包括特朗普的政策，美聯儲利率的道路，有關SBR的發展以及美國BTC-SPOT ETF的表現的組合。

To follow our analysis and forecasts on how these macroeconomic data, US crypto policies and BTC-spot ETF market flows impact price action, check out our analysis and forecasts here to navigate crypto-related risks.

為了遵循我們的分析並預測這些宏觀經濟數據如何，美國加密策略和BTC-SPOT ETF市場流動影響價格行動，查看我們的分析並在此處進行預測，以應對與加密相關的風險。

Technical Analysis

技術分析

Bitcoin Analysis

比特幣分析

Despite the pullback driven by the tariff news, BTC still trades above the 50-day and 200-day Exponential Moving Averages (EMA), sending bullish price signals.

儘管關稅新聞引起的回調，但BTC仍在超過50天和200天的指數式移動平均值（EMA）的交易，傳達了看漲的價格信號。

A price breakout from $105k could enable the bulls to target the all-time high of $109,312. A breakout from $109,312 may signal a move toward 120k next.

從10.5萬美元開始的價格突破可以使公牛隊以109,312美元的歷史最高點為目標。從$ 109,312開始的突破可能標誌著下一步向120k轉移。

逆に, a BTC price break below $100k could signal a price drop toward the 50-day EMA. A price fall below the 50-day EMA may bring the $90,742 support level into sight.

逆に，BTC的價格下跌低於$ 100K，可能標誌著50天EMA的價格下跌。低於50天EMA的價格可能會將$ 90,742的支持水平帶入視線。

With an RSI reading of 49.56 over 14 days, BTC could drop to the $90,742 support level before entering oversold territory (RSI below 30).

在14天內的RSI讀數為49.56時，BTC在進入超賣領土之前可能會降至90,742美元的支持水平（RSI低於30）。