加密貨幣市場繁榮超過 2021 年高點，香港潛在的現貨比特幣 ETF 助推飆升

儘管最近市場出現調整，但分析師仍對比特幣的牛市持樂觀態度，理由是美國現貨比特幣ETF 的技術指標和推動力以及香港的潛在批准，這可能會顯著提振機構投資並加速市場的上行勢頭。

Surge in Crypto Market Strength Surpasses 2021 Bull Run, Fueled by Hong Kong's Potential Spot Bitcoin ETFs

在香港潛在現貨比特幣 ETF 的推動下，加密貨幣市場強度激增超過 2021 年多頭市場

Despite a recent 12% correction from its all-time high, the crypto market remains poised for further gains, according to seasoned analysts. Attributing this optimism to a confluence of bullish technical indicators and potential tailwinds, one trader specifically points to significant developments in Hong Kong.

經驗豐富的分析師表示，儘管最近從歷史高點回檔了 12%，但加密貨幣市場仍有望進一步上漲。一位交易員將這種樂觀情緒歸因於看漲的技術指標和潛在的有利因素的共同作用，並特別指出了香港的重大發展。

Technical Indicators Paint a Bullish Landscape

技術指標描繪出看漲的景象

While Bitcoin currently faces resistance, its recent price action reflects a sharp upward trajectory that not only pushed its value above all-time highs set in 2021 but also signaled a shift in market sentiment. Backed by significant institutional participation, Bitcoin has surged to unprecedented levels, reaching an all-time high of $73,800.

雖然比特幣目前面臨阻力，但其最近的價格走勢反映出急劇上漲的軌跡，不僅將其價值推高至 2021 年創下的歷史高點之上，而且還標誌著市場情緒的轉變。在大量機構參與的支持下，比特幣已飆升至前所未有的水平，達到 73,800 美元的歷史新高。

This rally is underpinned by several bullish technical indicators, such as the Average Directional Index (ADX) and Directional Indicators (DI), which have consistently printed positive signals. Despite the recent sideways price movement, these formations suggest that market participants remain highly optimistic about Bitcoin and the crypto market as a whole.

此次反彈受到多個看漲技術指標的支撐，例如平均方向指數（ADX）和方向指標（DI），這些指標一直發出正面訊號。儘管最近價格出現橫盤走勢，但這些形態表明市場參與者對比特幣和整個加密貨幣市場仍然高度樂觀。

Gold's Ascent Bolsters Digital Gold Narrative

黃金的上漲支撐了數位黃金的敘述

Beyond technical indicators, developments in the gold market are also providing positive tailwinds for Bitcoin. This week, gold soared to a high of $2,300 amid uncertainty surrounding the Federal Reserve's monetary policy, boosting demand for the safe-haven asset.

除了技術指標之外，黃金市場的發展也為比特幣提供了積極的推動力。本週，由於聯準會貨幣政策的不確定性，金價飆升至2,300美元高位，提振了對避險資產的需求。

While Bitcoin has consistently outperformed gold over the years, the analyst notes that as gold reaches record highs, Bitcoin, often referred to as "digital gold," could potentially follow suit. This correlation highlights the growing recognition of Bitcoin as a legitimate store of value.

儘管多年來比特幣的表現一直優於黃金，但分析師指出，隨著黃金創下歷史新高，通常被稱為「數位黃金」的比特幣可能會效仿黃金。這種相關性凸顯了人們日益認識到比特幣作為合法的價值儲存手段。

Hong Kong's Spot Bitcoin ETFs: A Potential Game Changer

香港現貨比特幣 ETF：潛在的遊戲規則改變者

However, the most significant catalyst for the upcoming bull run may lie in Hong Kong. Following the footsteps of the United States Securities and Exchange Commission (SEC), Hong Kong's Securities and Futures Commission (SFC) is poised to approve multiple applications for spot Bitcoin ETFs. This would allow institutions and retail investors alike to access the crypto asset through regulated products.

然而，即將到來的多頭市場最重要的催化劑可能在於香港。跟隨美國證券交易委員會 (SEC) 的腳步，香港證券及期貨事務監察委員會 (SFC) 準備批准多項現貨比特幣 ETF 申請。這將允許機構和散戶投資者等透過受監管的產品存取加密資產。

One of the applicants for a spot Bitcoin ETF in Hong Kong is Harvest Fund Management, a prominent asset manager in mainland China. This move signals a shift in the regulatory landscape, as mainland China continues to maintain a strict stance against cryptocurrencies. Hong Kong, however, is embracing a more open approach, potentially paving the way for wider adoption and recognition of Bitcoin.

香港現貨比特幣ETF的申請者之一是中國大陸著名的資產管理公司嘉實基金管理公司。此舉標誌著監管格局的轉變，中國大陸繼續對加密貨幣保持嚴格立場。然而，香港正在採取更加開放的態度，這可能為比特幣的更廣泛採用和認可鋪平道路。

Conclusion

結論

The current crypto market bull run is poised to surpass the strength witnessed in 2021, fueled by bullish technical indicators and a confluence of positive developments. Hong Kong's potential approval of spot Bitcoin ETFs could serve as a major catalyst, increasing the accessibility and legitimacy of the crypto asset. As Bitcoin continues to gain traction as a store of value and a hedge against inflation, the path towards further gains appears highly promising.

在看漲的技術指標和積極發展的推動下，目前的加密貨幣市場牛市預計將超越 2021 年的強勁勢頭。香港可能批准現貨比特幣 ETF，這可能會成為主要催化劑，提高加密資產的可及性和合法性。隨著比特幣作為價值儲存和對沖通膨的手段繼續受到關注，進一步上漲的道路似乎非常有希望。