比特币（BTC）和以太坊（ETH）市场观察

尽管与国际货币基金组织达成协议，萨尔瓦多仍通过一项雄心勃勃的计划继续加速其比特币购买。

Major cryptocurrencies such as Bitcoin and Ethereum have suffered a sharp correction after the recent interest rate cut by the Federal Reserve. However, according to veteran trader Peter Brandt, the Bitcoin-gold ratio is still bullish, indicating that the current downturn may be temporary. On the other hand, analyst Justin Bennett warns that if the bulls lose momentum, there may be further declines.

近期美联储降息后，比特币、以太坊等主要加密货币出现大幅回调。不过，资深交易员Peter Brandt表示，比特币与黄金的比率仍然看涨，表明当前的低迷可能是暂时的。另一方面，分析师贾斯汀·贝内特警告说，如果多头失去动力，可能会进一步下跌。

In terms of policy, Senator Cynthia Lummis plans to authorize the Federal Reserve to buy and hold Bitcoin, while self-proclaimed Bitcoin creator Craig Wright has been sentenced. Additionally, President Trump has pledged to establish a national strategic Bitcoin reserve, and the German Free Democratic Party is pushing for the integration of digital assets into the country's existing financial framework.

政策方面，参议员辛西娅·鲁米斯(Cynthia Lummis)计划授权美联储购买并持有比特币，而自称比特币创造者的克雷格·赖特(Craig Wright)已被判刑。此外，特朗普总统已承诺建立国家战略比特币储备，德国自由民主党正在推动将数字资产纳入该国现有的金融框架。

Despite the current downward trend in the market, the industry remains optimistic about the maturity of the crypto market in the next few years, as institutional investors are purchasing the equivalent of 8 years of Bitcoin issuance in 2024.

尽管目前市场呈下行趋势，但业界对未来几年加密货币市场的成熟度仍持乐观态度，因为机构投资者正在购买相当于 2024 年发行的 8 年比特币。