不變的成長負責人安德魯·盧納迪（Andrew Lunardi

不可變的增長負責人安德魯·盧納迪（Andrew Lunardi）對加密貨幣市場表示強烈的樂觀，預測2025年下半年的反彈很大。

Andrew Lunardi, Head of Growth at Immutable, harbors strong optimism for the cryptocurrency market, predicting a substantial rebound in the second half of 2025.

不可變的增長負責人安德魯·盧納迪（Andrew Lunardi）對加密貨幣市場的強烈樂觀，預測2025年下半年的反彈很大。

The cryptocurrency market is currently in a slump, with Bitcoin and Ethereum trading below $82k and $2k respectively. However, Lunardi remains bullish, citing several factors that could spark a strong recovery.

加密貨幣市場目前處於低迷狀態，比特幣和以太坊的交易分別低於$ 82K和2,000美元。但是，Lunardi仍然看漲，引用了幾個可能引發強烈康復的因素。

One of the major catalysts, according to Lunardi, is the anticipated regulatory clarity from the Trump Administration. On the Milk Road podcast, he said that the administration’s forthcoming policies on compliant tokens will likely unlock substantial investment, particularly from institutional investors.

根據盧納迪（Lunardi）的說法，主要的催化劑之一是特朗普政府的監管明確性。他說，在牛奶路播客上，政府即將製定的關於兼容的代幣的政策可能會釋放大量投資，尤其是從機構投資者那裡。

“We’re about to see clear regulatory guidelines on what it means to have a compliant token, which will reduce risks and encourage more institutional capital to flow into the market,” Lunardi said.

Lunardi說：“我們將了解擁有合規代幣意味著什麼的明確監管指南，這將降低風險並鼓勵更多的機構資本流入市場。”

Lunardi also pointed to the fading prominence of meme coins as a bullish indicator. While many have seen the decline of meme coins as a sign of a bear market, Lunardi views it as a positive shift, suggesting that liquidity from meme coins will likely be reallocated into more established altcoins, potentially benefiting diverse crypto portfolios.

Lunardi還指出，模因硬幣作為看漲指標的褪色突出。儘管許多人將模因硬幣的下降視為熊市市場的標誌，但盧納迪將其視為一種積極的轉變，這表明來自模因硬幣的流動性很可能會重新分配到更具成熟的山寨幣中，這可能會使多樣化的加密投資組合受益。

“It’s interesting to see meme coins losing their steam. I think the liquidity will move into other established altcoins, benefiting those with diversified crypto portfolios,” Lunardi noted.

“很有趣的是，模因硬幣失去了動力。我認為流動性將進入其他已建立的山寨幣，使那些具有多元化加密投資組合的人受益。” Lunardi指出。

Lunardi further highlighted the role of institutional capital inflows and exchange-traded funds (ETFs) in supporting the market and driving broader crypto adoption.

Lunardi進一步強調了機構資本流入和交易所交易基金（ETF）在支持市場並推動更廣泛的加密採用方面的作用。

“The infrastructure for institutional capital is in place, with more ETFs opening up the market to provide support and stability to the market,” Lunardi added.

Lunardi補充說：“機構資本的基礎設施已經到位，更多的ETF開放了市場，以為市場提供支持和穩定。”

Lunardi’s main focus is on Bitcoin, and he remains bullish on Solana as well, despite the current popularity of meme coins.

Lunardi的主要重點是比特幣，儘管Meme Coins目前的流行，他也對Solana看漲。

Lunardi also mentioned that he believes the Trump Administration will pay special attention to U.S.-based cryptocurrencies, particularly those that have utility and real-world applications.

盧納迪還提到，他認為特朗普政府將特別注意基於美國的加密貨幣，尤其是那些具有實用性和現實世界應用的加密貨幣。

Despite his bullish outlook, Lunardi acknowledged the potential challenges posed by macroeconomic factors, such as tariffs and inflation. He warned that global economic uncertainties could still impact the crypto market in the short term, particularly if tariffs escalate and inflation remains high.

儘管盧納迪（Lunardi）看上去看待前景，但仍承認宏觀經濟因素（例如關稅和通貨膨脹）帶來的潛在挑戰。他警告說，全球經濟不確定性仍然可能在短期內影響加密市場，特別是如果關稅升級和通貨膨脹率仍然很高。