比特币 (BTC) 市场显示出从 12 月底调整中恢复的迹象，为 2025 年奠定了乐观基调

随着 2025 年的开始，加密货币市场显示出从 12 月底的调整中复苏的迹象，为未来一年奠定了乐观的基调。

As 2025 begins, the crypto market is showing signs of recovering from the late December correction, setting an optimistic tone for the year ahead. Bitcoin, the market leader, has demonstrated remarkable resilience by holding strong support at $92,000 despite recent selling pressure. This stability has renewed investor confidence, with many eyeing a potential continuation of its upward trajectory.

随着 2025 年的开始，加密货币市场正显示出从 12 月底的调整中复苏的迹象，为未来一年奠定了乐观的基调。尽管最近面临抛售压力，但市场领导者比特币仍然在 92,000 美元的强劲支撑位上表现出了非凡的韧性。这种稳定性重振了投资者的信心，许多人都关注其上升轨迹的潜在延续。

Top analyst Axel Adler recently shared data highlighting the importance of global liquidity trends in Bitcoin’s growth. According to Adler, the inflow of global liquidity — albeit with a slight delay — will likely provide a significant boost to BTC in the coming months. This aligns with broader expectations of increased institutional interest and the growing recognition of BTC as a hedge against macroeconomic uncertainties.

顶级分析师阿克塞尔·阿德勒 (Axel Adler) 最近分享的数据强调了全球流动性趋势对比特币增长的重要性。 Adler 表示，全球流动性的流入（尽管略有延迟）可能会在未来几个月内为 BTC 带来显着提振。这与机构兴趣增加的更广泛预期以及人们日益认识到比特币作为应对宏观经济不确定性的工具是一致的。

With the broader market starting to wake up, Bitcoin appears well-positioned to capitalize on this renewed momentum. Analysts and investors alike are closely monitoring its price action, especially as it remains firmly above the critical $92K support. Should this level hold, BTC could be poised for a fresh rally, potentially reclaiming all-time highs and setting the stage for a robust 2025. For now, all eyes are on the market leader as it navigates this pivotal moment.

随着更广泛的市场开始复苏，比特币似乎处于有利位置，可以利用这一新的势头。分析师和投资者都在密切关注其价格走势，尤其是在其仍牢牢高于 9.2 万美元的关键支撑位的情况下。如果保持这一水平，比特币可能会迎来新一轮反弹，有可能重拾历史高点，并为 2025 年的强劲表现奠定基础。目前，所有人的目光都集中在这个市场领导者身上，因为它正在度过这个关键时刻。

Bitcoin Growth Fueled By M2

M2 推动比特币增长

Bitcoin has historically experienced significant growth every time the global money supply (M2) starts to rise, and this correlation has garnered attention from analysts and investors who anticipate a massive rally for BTC in the near future.

从历史上看，每当全球货币供应量（M2）开始上升时，比特币都会经历显着增长，这种相关性引起了分析师和投资者的关注，他们预计比特币在不久的将来会大幅上涨。

A compelling chart shared by CryptoQuant analyst Axel Adler on X highlights this correlation, illustrating the BTC price alongside the Global Liquidity M2 on a day-over-day basis. The chart reveals a clear connection between the two, with a noticeable 4-6 month lag between increases in M2 and Bitcoin’s price growth. This pattern suggests that as central banks continue to adopt expansive monetary policies, pumping liquidity into the global economy, BTC is likely to see substantial upward movement.

CryptoQuant 分析师 Axel Adler 在 X 上分享的一张引人注目的图表强调了这种相关性，该图表显示了 BTC 价格与全球流动性 M2 的每日关系。该图表揭示了两者之间的明显联系，M2 的增长和比特币价格增长之间存在明显的 4-6 个月的滞后。这种模式表明，随着各国央行继续采取扩张性货币政策，向全球经济注入流动性，比特币可能会出现大幅上涨。

The relationship between M2 and Bitcoin underscores how the cryptocurrency could act as a hedge against inflation and a store of value in an environment of increasing global liquidity. With central banks continuing to pursue accommodative policies, including low interest rates and money supply growth, Bitcoin stands to benefit from this macroeconomic trend.

M2 和比特币之间的关系凸显了加密货币如何在全球流动性不断增加的环境中充当通胀对冲和价值储存手段。随着各国央行继续推行宽松政策，包括低利率和货币供应增长，比特币将从这一宏观经济趋势中受益。

As M2 grows, Bitcoin’s price historically follows suit, driven by increased liquidity entering the market. Given the current trajectory of central banks pushing expansive monetary policies, this trend points to a favorable outlook for BTC in 2025. Investors and analysts alike are closely watching these developments, with many predicting that BTC could experience another major rally as global liquidity continues to surge.

随着 M2 的增长，在进入市场的流动性增加的推动下，比特币的价格历史上也会随之增长。考虑到各国央行目前推行扩张性货币政策的轨迹，这一趋势预示着比特币在 2025 年的良好前景。投资者和分析师都在密切关注这些事态发展，许多人预测，随着全球流动性持续激增，比特币可能会经历另一次大幅上涨。

Price Action: Technical Levels

价格走势：技术水平

Bitcoin is currently trading at $96,500 after confirming strong demand at the $92,000 level. This price action comes after several days of selling pressure, signaling that the bulls have regained control, at least for now. The strong rebound from $92,000 has provided confidence in the market, but the critical $100,000 mark remains a key hurdle.

在确认 92,000 美元水平的强劲需求后，比特币目前交易价格为 96,500 美元。这一价格走势是在连续几天的抛售压力之后出现的，表明多头已经重新获得控制权，至少目前是这样。从 92,000 美元的强劲反弹给市场带来了信心，但 100,000 美元的关键关口仍然是一个关键障碍。

For a rally to materialize, bulls must reclaim this psychological level. Breaking above $100,000 would signal further bullish momentum, potentially driving BTC to new highs. However, there’s still a risk as BTC remains below this key level. If BTC fails to break and hold above $100,000 in the coming weeks, the market could face additional consolidation or even a pullback.

为了实现反弹，多头必须夺回这一心理水平。突破 10 万美元将预示着进一步的看涨势头，可能推动 BTC 创下新高。然而，由于比特币仍低于这一关键水平，风险仍然存在。如果比特币在未来几周内未能突破并守住 10 万美元以上，市场可能会面临进一步的盘整甚至回调。

The inability to push past $100,000 could lead to a loss of momentum, potentially triggering a deeper retrace. Traders and investors are closely monitoring Bitcoin’s ability to sustain its current strength. The next few weeks will be crucial in determining whether BTC can break through this resistance or if it will face further challenges in its price action.

无法突破 100,000 美元可能会导致动力丧失，从而可能引发更深层次的回调。交易员和投资者正在密切关注比特币维持当前强势的能力。接下来的几周对于决定比特币是否能够突破这一阻力，或者其价格走势是否会面临进一步的挑战至关重要。