在年初的Altcoin赛季期望，比特币的主导地位继续上升

在过去的两个星期中，加密货币市场遇到了严厉的逆风，重塑了鲸鱼持有和资产优势。这源于一系列宏观因素

Bitcoin (BTC) price action remained the center of attention in January, with the asset’s dominance continuing a trend observed in 2024. BTC price surged by 55% in the last three years, outpacing gains by several altcoins. This occurrence was anticipated by many crypto users and traders.

比特币（BTC）的价格行动仍然是一月份的关注中心，资产的统治地位持续了2024年的趋势。过去三年中，BTC的价格飙升了55％，超过了几个Altcoins的增长。许多加密用户和交易者预计这种情况是预期的。

After a strong rally by Bitcoin, altcoins usually perform better once BTC price hits a cycle peak. However, shaky trades and more investor appetite in BTC spiked its dominance while altcoins struggled.

在由比特币进行了强烈的集会之后，一旦BTC价格达到周期峰，山寨币通常会表现更好。但是，BTC的动摇交易和更多的投资者兴趣飙升，而Altcoins则挣扎。

Ethereum (ETH), an asset expected to ignite the season, continued a sideways pattern for the last two to three quarters, even after the approval of spot Ethereum ETFs.

以太坊（ETH）是一项预计将激发季节的资产，即使在批准现场以太坊ETF之后，过去两到三分之三的侧向模式仍在侧向模式。

ETH price trades at $3,219, dropping below the $3.5K after bulls anticipated a run to $5K. This was heightened by XRP’s stellar climb above $3 with billions in its market cap. Solana and Cardano also made significant gains last quarter with a similar rise in decentralized finance (DeFi) trading volumes.

ETH Price交易的价格为3,219美元，低于公牛队预计将达到5,000美元后的3.5万美元。 XRP的出色攀登超过了3美元，其市值加剧了这一点。索拉纳（Solana）和卡尔达诺（Cardano）在上个季度也取得了巨大的收益，分散融资（DEFI）交易量也有类似的增长。

“Many experts, including myself, predicted that January 2025 would mark the official start of the altcoin season, especially after #Trump inauguration. But now, as the month comes to a close, we still haven’t seen any significant movement… Over the past two years, Bitcoin has surged by more than 500%, yet Ethereum hasn’t even surpassed its previous ATH. And historically, Ethereum leads the altcoin season,”

“包括我本人在内的许多专家都预测，2025年1月将标志着Altcoin赛季的正式开始，尤其是在#Trump就职典礼之后。但是现在，随着一个月结束时，我们仍然没有看到任何重大运动……在过去的两年中，比特币飙升了500％以上，但以太坊甚至没有超过以前的ATH。从历史上看，以太坊带领山寨币季节，”

Institutions Backed Bitcoin Price Surges

机构支持比特币价格飙升

Large-scale market players were among the factors behind the BTC price surge. Following the approval of spot Bitcoin ETFs, the asset’s pitch maintained an upward momentum.

大规模的市场参与者是BTC价格涨幅背后的因素之一。在获得斑点比特币ETF的批准后，资产的音调保持了向上的动力。

Tapping $73K in Q1 2024, it broke $93K after Donald Trump’s election win in November and eventually crossed $107K before the recent corrections.

在2024年第1季度敲击$ 73K，在唐纳德·特朗普（Donald Trump）在11月的选举中赢得胜利后，它损失了93,000美元，并最终在最近的更正之前超越了10.7万美元。

The inflow of funds and confidence in clearer regulations in the country led to more investors backing the market leader above other assets. Moves to pass a Strategic Bitcoin Reserve Bill in Congress and similar efforts in states resulted in higher Bitcoin dominance.

资金的流入和对该国更清晰的法规的信心导致更多的投资者支持市场领导者以高于其他资产。通过国会中通过一项战略性比特币储备法案的举动，在各州进行类似的努力导致比特币优势更高。