美聯儲的RRP下降可能會將比特幣價格提高到新的高度

美聯儲的反向回購協議（RRP）或反向回購設施在1,387天內達到了最低水平，這表明流動性流動方向的潛在轉移。

Bitcoin’s price has shown little sign of breaking above the $100,000 mark for nearly two months now. Currently trading at $96,920, the leading cryptocurrency notes a 7% decrease in value over the past week.

比特幣的價格幾乎沒有跡象表明，現在將近兩個月的價格超過了100,000美元的大關。目前，領先的加密貨幣的交易價格為96,920美元，在過去一周中的價值下降了7％。

However, recent developments in the macro scene suggest that this trend may soon be reversing.

但是，宏觀場景中的最新發展表明，這種趨勢可能很快就會逆轉。

Fed’s RRP Drop Could Push Bitcoin Prices to New Heights

美聯儲的RRP下降可能會將比特幣價格提高到新的高度

The Federal Reserve’s Reverse Repurchase Agreement (RRP) facility has hit its lowest level in 1,387 days, signaling a potential shift in liquidity flow direction.

美聯儲的反向回購協議（RRP）設施在1,387天內達到了最低水平，這表明流動性流動方向的潛在轉移。

The US Federal Reserve uses the RRP to manage short-term liquidity in the financial system. It allows financial institutions—such as money market funds and banks—to deposit excess cash with the Fed overnight.

美國美聯儲使用RRP來管理金融體系中的短期流動性。它允許金融機構（例如貨幣市場基金和銀行）在一夜之間向美聯儲存入多餘的現金。

In return, the Fed provides these institutions with Treasury securities. This helps the regulator control short-term interest rates and manage the money circulating in the financial system. The Fed devised this method to absorb excess liquidity when there is too much cash in the market.

作為回報，美聯儲為這些機構提供了國庫券。這有助於監管機構控制短期利率並管理金融系統中流傳的資金。美聯儲設計了這種方法來吸收過多的流動性，當時市場中的現金過多。

When the RRP balance drops like this, it indicates that traditional financial service providers are moving away from using the Fed’s facility for excess liquidity storage. It could mean that these institutions might be putting their money into other riskier assets, such as cryptocurrencies.

當RRP餘額像這樣下降時，它表明傳統的金融服務提供商正在使用美聯儲的設施進行過多的流動性存儲。這可能意味著這些機構可能會將他們的資金投入其他風險更高的資產，例如加密貨幣。

This could drive prices higher as demand for crypto assets increases due to the availability of more cash in the system. With more liquidity flowing into the market, Bitcoin stands to benefit as institutional investors and traders seek alternative stores of value.

由於系統中有更多現金的可用性，因此對加密資產的需求增加可能會推動價格上漲。隨著流動性流入市場，比特幣將受益於機構投資者和貿易商尋求替代價值存儲。

Bitcoin Traders Remain Resolute

比特幣交易者保持堅決

Despite Bitcoin’s recent headwinds, traders remain bullish on the coin. For instance, BTC’s weighted sentiment is positive at press time, indicating that the market is still optimistic about a near-term price rebound.

儘管比特幣最近受到逆風，但貿易商仍然看好硬幣。例如，BTC的加權情緒在發稿時是積極的，這表明市場對近期價格反彈仍然樂觀。

An asset’s weighted sentiment measures its overall positive or negative bias, considering both the volume of social media mentions and the sentiment expressed in those mentions. When it is positive, it is a bullish signal, as investors are increasingly optimistic about the asset’s near-term outlook.

考慮到社交媒體提及的數量和這些提及的情緒，資產的加權情緒衡量了其整體正面或負面偏見。當它是積極的時，它是一個看漲的信號，因為投資者對資產的近期前景越來越樂觀。

Moreover, BTC’s funding rate across its derivative markets is also positive, bolstering this bullish outlook. At press time, this stands at 0.0088%.

此外，BTC在其衍生品市場中的融資率也很積極，從而增強了這種看漲的前景。發稿時，這為0.0088％。

The funding rate is a periodic payment made between traders in futures markets, specifically for perpetual contracts, to ensure the contract’s price aligns with the underlying asset’s price. When it is positive, traders in long (buying) positions pay those in short (selling) positions. This indicates more demand for long positions and suggests a bullish market sentiment.

資金率是期貨市場中的交易者之間的定期付款，特別是用於永久合同，以確保合同的價格與基本資產的價格保持一致。當它是積極的時，交易者長期以來（購買）職位支付了那些短（賣出）職位的交易者。這表明對長期職位的需求更多，並暗示了看漲的市場情緒。

BTC Price Prediction: A Break Above $100K Could Trigger Next Bull Run

BTC價格預測：超過$ 10萬美元的休息可能會觸發下一個公牛運行

A potential surge in liquidity inflow into the crypto market would mean more capital for traders and investors to increase their BTC holdings.

流動性流入加密市場的潛在激增將意味著貿易商和投資者增加其BTC持有量的資金。

If the coin sees a resurgence in demand due to this, its price could break above the crucial $100,000 resistance and attempt to revisit its all-time high of $109,356.

如果硬幣看到由於此需求的重新出現，其價格可能會超過至關重要的100,000美元阻力，並試圖重新審視其歷史最高高點109,356美元。

On the other hand, if buying activity weakens further, Bitcoin’s price could extend its decline and fall to $92,325.

另一方面，如果購買活動進一步削弱，比特幣的價格可能會降低，並降至92,325美元。