穩定幣飆升助長了比特幣看漲情緒，推動漲勢達到前所未有的高點

穩定幣的流入顯示交易者對比特幣（BTC）潛力達到新的歷史高點的預期。 KuCoin Research 的數據顯示，在比特幣即將到來的減半事件之前，投資者熱情推動了 Tether (USDT) 和 USD Coin (USDC) 的發行量增加。從歷史上看，穩定幣餘額和外匯流入與比特幣價格飆升有關，這表明​​交易者正在為比特幣的上行勢頭持續做好準備。

Stablecoin Surge Signals Bullish Sentiment, Propelling Bitcoin Towards New Highs

穩定幣飆升預示著看漲情緒，推動比特幣邁向新高

A surge in stablecoin inflows, particularly in Tether (USDT) and USD Coin (USDC), has emerged as a compelling indicator of impending bullish momentum for Bitcoin (BTC). This influx suggests that traders are positioning themselves for a potential rally that could propel Bitcoin to unprecedented heights.

穩定幣流入的激增，尤其是 Tether (USDT) 和美元代幣 (USDC) 的流入，已成為比特幣 (BTC) 即將看漲勢頭的一個令人信服的指標。這種湧入表明交易者正在為潛在的反彈做好準備，這可能會將比特幣推向前所未有的高度。

According to a report by KuCoin Research, the increase in stablecoin inflows is strongly correlated with the upcoming Bitcoin supply halving event, scheduled to occur in just seven days. This event is expected to significantly reduce the issuance of new Bitcoins, potentially exacerbating supply constraints and triggering a sustained price appreciation.

KuCoin Research 的一份報告顯示，穩定幣流入的增加與即將到來的比特幣供應減半事件密切相關，預計將在短短 7 天內發生。預計這一事件將大幅減少新比特幣的發行量，可能加劇供應限制並引發價格持續上漲。

The report highlights the continuous increase in USDT and USDC issuance, reflecting heightened enthusiasm for crypto assets among European and American investors. While Binance USD, True USD (TUSD), and PayPal USD (PYUSD) have experienced declines in issuance, the market dominance of the two largest stablecoins has remained unwavering.

報告強調，USDT和USDC發行量持續增加，反映歐美投資人對加密資產的熱情高漲。儘管幣安美元、True USD (TUSD) 和 PayPal USD (PYUSD) 的發行量有所下降，但這兩個最大的穩定幣的市場主導地位仍然堅定不移。

KuCoin Research analysts emphasize the substantial increases in USDT and USDC issuance: "The issuance of USDT increased by 5.825 billion in March, and USDC issuance increased by 3.803 billion, showing a significant increase compared to the previous month."

KuCoin Research分析師強調USDT和USDC發行量大幅增加：“3月份USDT發行量增加58.25億份，USDC發行量增加38.03億份，較上月大幅增長。”

This surge in stablecoin balances occurred in early March, coinciding with Bitcoin's previous all-time high. Data from Glassnode analysts revealed a record-breaking inflow of USDT into exchanges on March 3, rising by 192% from $806.2 million to $2.466 billion on March 5. Notably, BTC breached its previous all-time high of $69,800 on that same day.

穩定幣餘額的激增發生在 3 月初，與比特幣之前的歷史新高同時發生。 Glassnode 分析師的數據顯示，3 月3 日，USDT 流入交易所創紀錄，從8.062 億美元增長192%，至3 月5 日的24.66 億美元。歷史新高69,800 美元。

"During this period, compared to other stablecoins, the correlation between USDT in CEX and BTC's price was higher," noted the report.

報告指出，“在此期間，與其他穩定幣相比，CEX 中的 USDT 與 BTC 價格的相關性更高。”

A similar pattern has unfolded in recent days. According to Glassnode data, the total stablecoin balance on all exchanges has climbed from $19.7 billion on April 7 to the current level of $20.34 billion. This indicates that traders are actively preparing to open new positions, anticipating a resumption of Bitcoin's uptrend.

最近幾天也出現了類似的情況。 Glassnode數據顯示，所有交易所的穩定幣總餘額已從4月7日的197億美元攀升至目前的203.4億美元。這表明交易者正在積極準備開設新頭寸，預計比特幣將恢復上漲趨勢。

Additional data from CryptoQuant reveals a parallel increase in the number of transactions depositing stablecoins to exchanges, reinforcing the notion that market participants are readying themselves for a potential upswing.

CryptoQuant 的其他數據顯示，向交易所存入穩定幣的交易數量同時增加，這強化了市場參與者正在為潛在的上漲做好準備的觀念。

The overall stablecoin market capitalization has also witnessed a notable increase, rising by 2.8% from $150.42 billion on April 1 to $154.7 billion at the time of writing, as per DefiLlama data. USDT maintains its market dominance, accounting for over 69.1% of this value with a market cap of $107.3 billion.

根據 DefiLlama 的數據，穩定幣的整體市值也出現了顯著增長，從 4 月 1 日的 1504.2 億美元增至撰寫本文時的 1547 億美元，增長了 2.8%。 USDT 保持其市場主導地位，佔該價值的 69.1% 以上，市值為 1,073 億美元。

Historically, the growth of stablecoin balances on exchanges and stablecoin market caps has served as a reliable indicator of market traders' positioning. As highlighted by KuCoin Research, a surge in stablecoin inflows to exchanges preceded Bitcoin's rally to all-time highs in March.

從歷史上看，交易所穩定幣餘額和穩定幣市值的成長一直是市場交易者部位的可靠指標。正如 KuCoin Research 所強調的那樣，在 3 月比特幣漲至歷史新高之前，穩定幣流入交易所的數量激增。

"USDT and USDC continue to lead in total issuance and inflows of stablecoins into CEX, helping to push BTC to historical highs," the report states.

報告指出，“USDT 和 USDC 在 CEX 穩定幣發行總量和流入量方面繼續領先，幫助推動 BTC 升至歷史高位。”

Analysts speculate that BTC could surpass the $100,000 mark. According to X social network user The Moon, Bitcoin's current parabolic trend could reach $100,000 by the end of next week.

分析師推測 BTC 可能突破 10 萬美元大關。據 X 社群網路用戶 The Moon 稱，比特幣當前的拋物線趨勢可能在下週末達到 10 萬美元。

While The Moon's prediction may appear audacious, analysts at market data tracking firm Santiment echo these sentiments, suggesting that BTC could soon hit $100,000 if the correlation between crypto and U.S. stocks continues to diminish.

雖然Moon 的預測可能顯得大膽，但市場數據追蹤公司Santiment 的分析師也同意這些觀點，他們認為，如果加密貨幣與美國股票之間的相關性繼續減弱，比特幣可能很快就會達到10 萬美元。

In an April 11 YouTube Video, Santiment's director of marketing, Brian Quinlivan, observed Bitcoin's divergence from the S&P 500, a historically bullish signal for BTC.

在 4 月 11 日的 YouTube 影片中，Santiment 的行銷總監 Brian Quinlivan 觀察到比特幣與標準普爾 500 指數的背離，這是 BTC 的歷史看漲信號。

According to Quinlivan, the most extended bull runs over the past 15 years have often coincided with periods of low to no correlation between Bitcoin's price and the S&P 500.

Quinlivan 表示，過去 15 年持續時間最長的牛市往往發生在比特幣價格與標準普爾 500 指數之間相關性較低甚至沒有相關性的時期。

"It doesn't have to be opposite like this, but if they are moving in their own ways, it's a good sign that we can continue forward and hit those $80,000, $90,000, $100,000 levels that many of the bulls out there are often mentioning," Quinlivan said.

「情況不一定是這樣相反，但如果他們以自己的方式前進，這是一個好兆頭，表明我們可以繼續前進並觸及許多多頭經常提到的 80,000 美元、90,000 美元、100,000 美元水平」昆利文說道。

Price analysis firm Econometrics predicts that if Bitcoin's growth trajectory following the fourth halving mirrors that of previous cycles, "BTC could go anywhere between $140K and $4.5M per coin."

價格分析公司 Econometrics 預測，如果比特幣第四次減半後的增長軌跡與之前的周期一致，“比特幣的價格可能會在每枚 14 萬美元到 450 萬美元之間。”

"That's quite the range for sure, but the point is that the lower bound is in the six figures range," the firm noted.

該公司指出：“這肯定是一個相當大的範圍，但重點是下限在六位數範圍內。”

While the market eagerly awaits whether Bitcoin's price will reach $100,000 and beyond, the surge in stablecoin inflows provides a persuasive indication of market participants' expectations for further gains in BTC's value.

儘管市場熱切等待比特幣的價格是否會達到 10 萬美元及以上，但穩定幣流入的激增令人信服地表明了市場參與者對比特幣價值進一步上漲的預期。

Disclaimer: This article is for informational purposes only and does not constitute investment advice. The author and publisher of this article do not endorse or promote any specific investment or trading strategy. Every investment and trading move involves risk, and readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.

免責聲明：本文僅供參考，不構成投資建議。本文的作者和出版商不認可或推廣任何特定的投資或交易策略。每項投資和交易行為都涉及風險，讀者在做出任何投資決定之前應進行自己的研究並諮詢合格的財務顧問。