比特币的优势正朝着新的钥匙枢轴级别迈进

比特币优势正朝着新的钥匙枢轴级别迈进，几位分析师期望头部和肩膀的模式逆转可能打开山寨币的大门。

Bitcoin (BTC) dominance is heading toward a new key pivot level, with several analysts expecting a head-and-shoulders pattern reversal that may open the door to a long-awaited altcoin season.

比特币（BTC）的优势正朝着一个新的钥匙枢轴级别迈进，几位分析师期望头部和肩膀的模式逆转可能为期待已久的Altcoin季节打开大门。

As the altcoin season index is almost as low as ever, according to Mister Crypto, this pattern usually happens when altcoins are preparing for a surge, especially before they attain the parabolic trend.

根据Crypto先生的说法，由于Altcoin季节指数几乎像以往一样低，因此这种模式通常会在山寨币为激增做准备时，尤其是在达到抛物线趋势之前。

His tweet is in sync with an analysis by CryptoELiTES, who noted that BTC.d is still high, as previous tops indicate, while Fed total assets are at a local low.

他的推文与CryptoElites的分析同步，他指出，BTC.D仍然很高，正如先前的TOPS所示，而美联储的总资产处于本地低位。

“The Fed is officially cornered! It’s time for Bitcoin Dominance to drop and the Altcoin rally to finally take off! We’re expecting Q2 2025 for the next bounce.”

“美联储正式陷入困境！是时候该比特币统治地位了，而山寨币集会终于起飞了！我们期望下一次弹跳将获得第二季度2025。”

The visual correlation suggests that the BTC.d tops usually precede an upcoming decline, which is traditionally linked to the surge of altcoins. Currently, the total assets of the Fed appear to be rebounding from another local bottom, a pattern that typically signals a decrease in BTC dominance.

视觉相关性表明，BTC.D顶部通常是在即将下降之前的下降，传统上与​​AltCoins的激增有关。当前，美联储的总资产似乎是从另一个局部底部反弹的，这种模式通常表示BTC优势的下降。

Analysts From Matrixport Warn: Macro Conditions Still Not Supportive for Sustainable Altcoin Trend

Matrixport警告的分析师：宏观条件仍然不支持可持续山寨趋势

In a recent report, analysts from Matrixport highlighted that the recent rally in the altcoin market does not yet have sufficient support from policies in the macro economy and money supply. They identified four key conditions for a sustainable altcoin season: a change in regime at the Federal Reserve toward cutting interest rates, a hike in stablecoin issuance, and increased macro liquidity, along with a decrease in Bitcoin dominance.

Matrixport的分析师在最近的一份报告中强调，山寨币市场最近的集会尚未在宏观经济和货币供应方面提供足够的政策支持。他们确定了可持续替代季节的四个关键条件：美联储在降低利率的政权变化，稳定发行的升高和增加宏流动性以及比特币优势下降。

Among these four, only stablecoin issuance seems to have made some more concrete advancement. Since August, Tether (USDT) has increased by 26%, and USD Coin (USDC) has surged from $31bn to $60bn. However, increasing expectations of the federal funds rate and unresolved trade issues are hindering optimism among investors in general.

在这四个中，只有Stablecoin发行似乎取得了更具体的进步。自8月以来，Tether（USDT）增长了26％，USD Coin（USDC）已从31亿美元飙升至600亿美元。但是，对联邦资金利率和未解决的贸易问题的期望不断增加，这阻碍了投资者的乐观情绪。

The US Federal Reserve chair, Jerome Powell, recently affirmed that the organization has signaled it is not inclined to lower the interest rate.

美国美联储主席杰罗姆·鲍威尔（Jerome Powell）最近确认该组织表示不愿降低利率。

Also, the Fed is keeping an eye on the impact of policy adjustments and the Trump administration’s tariff plans. Some analysts have warned that inflation risks from the tariffs may slow the trend toward easing monetary policy.

此外，美联储正在关注政策调整的影响以及特朗普政府的关税计划。一些分析人士警告说，关税的通货膨胀风险可能会减缓降低减轻货币政策的趋势。

However, even Ether (ETH) has not been able to regain the market leadership among altcoins. Additionally, it has lost nearly half of its value since the approval of the US-based spot Ether ETF. Matrixport also revealed that the interest from public investors was not sustained, as it was only observed to increase in the early days of the year. Every single trend, from AI tokens to meme coins, has followed the classic pattern.

但是，即使是Ether（ETH）也无法重新获得山寨币之间的市场领导能力。此外，自从美国基于美国ETHET ETF的批准以来，它已经失去了其价值的一半。 Matrixport还透露，公共投资者的兴趣没有得到持续，因为仅观察到在一年中的早期就会增加。从AI代币到模因硬币的每一个趋势都遵循了经典模式。

Scottie Pippen Fuels Hype With April 20 Prediction

Scottie Pippen燃料与4月20日的预测有关

Adding to the discussion, basketball star Scottie Pippen weighed in on the topic. According to the NBA legend, the biggest altcoin season may start as soon as April 20, 340 days after the last Bitcoin halving event.

除了讨论外，篮球明星Scottie Pippen对这个话题进行了权衡。根据NBA传奇，最大的Altcoin赛季可能会在上一场比特币减半比赛后的4月20日开始。

He explained that the last halving event took place on the 20th of April 2024, which saw block rewards halved to 3.125 BTC. Pippen stated that previous alt seasons happened around one year after similar supply shocks. The accumulation of spot Bitcoin ETFs by institutions like Blackrock, which holds over 570,000 BTC, also increases the chances of a liquidity-driven altcoin cycle.

他解释说，最后一场减半的事件发生在2024年4月20日，该活动使Block Rewards一半降至3.125 BTC。皮彭（Pippen）表示，在类似的供应冲击之后，以前的ALT季节发生在一年左右。持有超过570,000 BTC的贝莱德（BlackRock）等机构等机构堆积的比特币ETF的积累也增加了流动性驱动的AltCoin周期的机会。