CryptoQuant首席執行官：比特幣（BTC）牛市在坦克中剩下足夠的燃料，以升高

一家著名的加密分析公司的首席執行官認為，比特幣（BTC）牛市有足夠的燃料來見證更多的集會。

The head honcho of a top crypto analytics platform believes that the Bitcoin (BTC) bull market still has what it takes to propel the king crypto to new highs.

頂級加密分析平台的負責人認為，比特幣（BTC）牛市仍然有能力推動國王加密貨幣的新高點。

In a new commentary on social media, CryptoQuant CEO Ki Young Ju tells his 401,300 followers on the platform X that demand for Bitcoin spot market exchange-traded funds (ETFs) is still indicating that deep-pocketed investors are positioning for more BTC rallies.

在社交媒體上的新評論中，CryptoQuant首席執行官Ki Young Ju告訴平台X上的401,300名關注者，對比特幣現貨市場交易所交易所資金（ETF）的需求仍表明，儲備深厚的投資者正在為更多BTC集會而定位。

According to Ki, once the demand for Bitcoin ETFs fizzles out, it will signal the beginning of the end of BTC’s bull cycle.

根據Ki的說法，一旦對比特幣ETF的需求消失了，它將標誌著BTC牛週期結束的開始。

“The Bitcoin bull cycle is not yet over.

“比特幣牛週期尚未結束。

The demand engine for paper Bitcoins is still running (2021 downturn started 2 months after GBTC inflows dried up.)

紙比特幣的需求發動機仍在運行（2021年的衰退開始後，GBTC流入乾燥了2個月。）

No need to rush calling the cyclical top until ETFs, MSTR, and institutional buying slow down.”

在ETF，MSTR和機構購買放緩之前，無需急於將周期性的上衣召喚。”

At the time of writing, Bitcoin is trading for $99,669.

在寫作時，比特幣的交易價格為99,669美元。

Turning to altcoins, Ki believes that the narrative surrounding the digital assets will shift dramatically within the next five years.

Ki轉向AltCoins，認為圍繞數字資產的敘述將在未來五年內發生巨大變化。

According to the analyst, most altcoins will no longer be viewed as speculative assets, but rather as tokens that will be valued by investors based on their earnings – akin to how they value stocks.

根據分析師的說法，大多數Altcoins將不再被視為投機資產，而是將投資者根據其收入來重視的代幣，類似於他們如何價值股票。

“The era of altcoins existing solely as a measure of internet attention span will be over within 5 years. Meme coins will persist as gambling products…

“僅作為互聯網注意力範圍的量度將在5年內以來，altcoins的時代將在5年內結束。模因硬幣將繼續作為賭博產品…

Beyond those, altcoins that are actually building something will evolve into employment contracts for internet knowledge workers. It is undeniable future that these altcoins will evolve into an internet economic framework that enables compensation for the value generated in the processes of information creation, distribution, and acquisition.”

除此之外，實際上正在建立某些東西的山寨幣還將發展成為互聯網知識工作者的就業合同。不可否認的未來，這些AltCoins將演變成一個互聯網經濟框架，該框架可以為信息創建，分發和獲取過程中產生的價值提供補償。”