['Arthur Hayes'，'100x'，'Bitmex'，'Bitcoin'，'btc'，“将维持”，“长期看涨趋势”，“在短期抛售”中，“比特币”，“短暂下降”，“短暂”，“''，'70000'，至70000美元，至$ 70000，“他相信”，“在潮流中，”，“在潮流中，”，“在又有250 $ 250，”，“ “海斯的投影”，“反映了历史市场趋势”，“他专注于流动性”，“作为决定性因素”

比特币将于2025年飙升至25万美元，承诺Arthur Hayes，100x和Bitmex联合创始人

Arthur Hayes, the renowned 100x and BitMEX co-founder, remains bullish on Bitcoin’s long-term trajectory even as it faces short-term setbacks. In his latest blog post, Hayes anticipates Bitcoin to decline briefly to the $70,000 range before surging to a new all-time high of $250K by the close of 2025.

著名的100倍和Bitmex联合创始人亚瑟·海斯（Arthur Hayes）仍然对比特币的长期轨迹看涨，即使它面临短期挫折。在他的最新博客文章中，海斯预计比特币将短暂地降至70,000美元的范围，然后到2025年结束时飙升至新的25万美元的历史最高点。

As the cryptocurrency market trends, Hayes’s projection seems reasonable, especially as he highlights liquidity as a decisive factor for the next large price movement of Bitcoin.

随着加密货币市场的趋势，海斯的投影似乎是合理的，尤其是当他强调流动性是比特币下一次大型价格转移的决定性因素时。

Averaging Down: A Strategy for Traders

平均：对交易者的策略

The pullback into the $70,000-$80,000 range is a natural correction during a bull run, according to Hayes. He offers that although Bitcoin has already pulled back 10% to $83,000, this high may not end up being the low. Yet another drop will offer a tactical buying opportunity for those who refrain from leverage and instead prefer the spot accumulation of the cryptocurrency. Surging dollar liquidity is still a key driver that can push Bitcoin’s price to record highs. Hayes identifies March 2025 as a possible peak time.

据海斯说，在公牛奔跑期间，回溯到$ 70,000- $ 80,000的范围是一种自然的纠正。他提出，尽管比特币已经撤回了10％至83,000美元，但这个高昂最终可能不会降低。另一个下降将为那些避免杠杆作用的人提供战术购买机会，而是更喜欢加密货币的现货积累。飙升的美元流动性仍然是可以将比特币的价格推高高高的关键驱动力。海耶斯将2025年3月确定为可能的高峰时间。

However, volatility in the market is still a concern, as a steep fall in leading stock indexes such as the S&P 500 or Nasdaq 100 would set off a more severe Bitcoin correction. If the indexes decrease by 20%-30%, Bitcoin could be pulled back some more before continuing its direction.

但是，市场上的波动仍然是一个问题，因为标准普尔500指数或纳斯达克股票100等领先股票指数的急剧下跌将引发更严重的比特币校正。如果指数降低20％-30％，则可以将比特币撤回一些，然后再继续前进。

suggest that one should be on guard since he will be accumulating Bitcoin incrementally rather than leveraging up. This measure reflects surging institutional buying of the spot market versus taking higher-risk positions.

建议一个人应该保持警惕，因为他将逐步积累比特币，而不是利用比特币。这项措施反映了现货市场的机构购买与占领高风险头寸的飙升。

At press time, Bitcoin was valued at $90,808, rising 8.60% over the last 24 hours with a market cap of $1.8 trillion and a trading volume of $62.14 billion.

发稿时，比特币的价值为90,808美元，在过去24小时内上涨了8.60％，市值为1.8万亿美元，交易量为621.4亿美元。

Despite optimism about the long-term direction of Bitcoin, Hayes expressed skepticism regarding Donald Trump’s planned Bitcoin reserve. He does not believe the administration would spend significant amounts of federal money on buying Bitcoins, considering other financial needs that claim the attention of government funds.

尽管对比特币的长期方向感到乐观，但海耶斯对唐纳德·特朗普计划的比特币储备表示怀疑。他认为，考虑到其他财务需求引起了政府资金的关注，政府不会花费大量的联邦资金来购买比特币。

Despite near-term fluctuations, Hayes predicts that Bitcoin will continue to climb higher, with the strategy of cautious accumulation guiding traders through market ups and downs. His analysis provides valuable advice for both retail and institutional investors as Bitcoin trades at major support and resistance levels.

尽管近期波动，海耶斯预测，随着谨慎的积累来指导交易者通过市场起伏的持续，比特币将继续攀升。他的分析为零售和机构投资者提供了宝贵的建议，因为比特币交易具有主要的支持和阻力水平。