比特币（BTC）价格不太可能很快重新审视$ 77,000的价格：Arthur Hayes

Bitmex联合创始人Arthur Hayes表示，比特币不太可能在美联储表示定量紧缩（QT）放缓后不久就重新审视$ 77,000的价格水平。

Benzinga - BitMEX co-founder Arthur Hayes said that Bitcoin (BTC) is unlikely to revisit the $77,000 price level anytime soon after the Federal Reserve signaled a slowdown in quantitative tightening (QT).

Benzinga -Bitmex联合创始人亚瑟·海斯（Arthur Hayes）表示，比特币（BTC）不太可能在美联储表示定量拧紧放缓（QT）后不久就会重新审视77,000美元的价格水平。

“Was BTC $77k the bottom, prob,” Hayes said in a March 20 X post.

海耶斯在3月20 x的帖子中说：“ BTC的底部为77,000美元。”

After noting that the QT is “basically over,” Hayes was referring to the Fed's March 19 announcement that it will be slowing down its securities sell-off.

在指出QT“基本上已经结束”之后，海耶斯指的是美联储3月19日的宣布，它将减慢其证券抛售。

The central bank is planning to reduce the monthly Treasury cap from $25 billion to $5 billion and the agency mortgage-backed securities purchase to zero from $12 billion starting April.

中央银行计划将每月财政上限从250亿美元减少到50亿美元，而该机构抵押支持的证券从4月开始就从120亿美元减少到零。

This comes as the crypto market has been reacting to the macroeconomic climate, especially in the wake of the last two interest rate decisions.

这是因为加密市场一直对宏观经济气候做出反应，尤其是在最后两个利率决策之后。

According to CoinMarketCap data, Bitcoin dipped to nearly $77,000 on March 10 for the first time since November.

根据CoinMarketCap数据，自11月以来，3月10日，比特币首次下跌至近77,000美元。

Bitcoin is 3.53% over the past seven days. Image Credit: Benzinga

在过去的七天中，比特币为3.53％。图片来源：本辛加

This could help to ease some of the liquidity pressures and provide support for risk assets like Bitcoin, as QT involves central banks selling assets to reduce the money supply and possibly raise interest rates.

这可能有助于缓解一些流动性压力，并为比特币等风险资产提供支持，因为QT涉及中央银行出售资产以降低货币供应并可能提高利率。

“The next thing we need to get bulled up for realz is either SLR exemption and or a restart of QE,” Hayes added.

海斯补充说：“我们需要为皇家造成的下一件事是SLR豁免或重新启动量化宽松。”

The Supplementary Leverage Ratio (SLR) exemption was a temporary rule during the COVID-19 pandemic that allowed banks to exclude U.S. Treasury securities from their SLR calculations.

补充杠杆比率（SLR）的豁免是COVID-19大流行期间的临时规则，允许银行从其SLR计算中排除美国财政证券。

It was enacted in March 2020 and later extended several times before expiring on March 27.

它是在2020年3月制定的，后来延长了几次，然后于3月27日到期。

Meanwhile, quantitative easing (QE) is a monetary policy that aims to stimulate the economy and encourage more spending. It usually involves a central bank injecting money into the financial system by buying up government bonds or other securities.

同时，定量宽松（QE）是一项货币政策，旨在刺激经济并鼓励更多的支出。它通常涉及中央银行通过购买政府债券或其他证券将资金注入金融体系。

Another crypto analyst, Real Vision's chief crypto strategist Jamie Coutts, also expressed a similar sentiment.

另一位加密分析师，Real Vision的首席加密战略家Jamie Coutts也表达了类似的观点。

"QT is effectively dead. Treasury volatility has abated massively following the USD sell-off and we're now seeing the bulk of the internals improve again: e.g., preferentials are out of the dumps and high yield is starting to stabilize," Coutts said in a March 19 X post.

Coutts在3月19日的职位上说：“ QT实际上已经死了。国库波动率在售罄后大大减弱，我们现在看到大部分内部质量再次改善：例如，优先选择不在垃圾箱中，高产开始稳定。”

He added that this is a "huge plus" for boosting liquidity and ultimately helping to support the market.

他补充说，这是提高流动性并最终帮助市场的“巨大优势”。

Other optimists included Axie Infinity (AXS) co-founder Jeff "JiHo" Zirlin, who said the Fed slowdown is "great for both crypto and equity markets."

其他乐观主义者包括Axie Infinity（AXS）联合创始人Jeff“ Jiho” Zirlin，他说，美联储的放缓对加密市场和股票市场都非常有用。

"The Fed has significant leeway to loosen up, providing more support for businesses + markets."

“美联储有明显的余地，可以放松，为企业 +市场提供更多支持。”

Bitcoin venture capitalist Mark Moss also pointed out that with QT coming to an end, "the dam is going to break."

比特币风险资本家马克·莫斯（Mark Moss）还指出，随着QT即将结束，“大坝将要破裂”。