市场预期 2025 年看涨，比特币 ETF 重拾动力

在经历了几天的负面结果之后，随着 2024 年底的到来，比特币 ETF 似乎已经恢复了势头。

After several days of negative results, Bitcoin ETFs have apparently regained momentum as we approach the end of 2024.

在经历了几天的负面结果之后，随着 2024 年年底的临近，比特币 ETF 显然已经恢复了势头。

Between December 19 and December 24, the collective of spot Bitcoin ETFs amounted to over $1.5 billion in outflows—the highest ever recorded in a week. Moreover, BTC ETFs hadn't seen a 4-day outflow streak in nearly 3 months, with the last time being on September 6th.

12 月 19 日至 24 日期间，比特币 ETF 现货流出总额超过 15 亿美元，创一周以来最高记录。此外，BTC ETF已经近3个月没有出现连续4天流出的情况，上一次是在9月6日。

During that same time frame, Bitcoin entered a week-long bearish trend, losing over 12% of its value.

在同一时间段内，比特币进入了为期一周的看跌趋势，价值损失超过 12%。

However, the ETF story changed after the Christmas break on December 26th. On that date, Bitcoin ETFs recorded nearly half a billion dollars in inflows. This movement was led by Fidelity's FBTC, which saw $254.4 million inflows. Coming in second, Ark's ARKB ETF saw $186.9 million in inflows.

然而，12 月 26 日圣诞假期后，ETF 的情况发生了变化。当日，比特币 ETF 录得近 5 亿美元的资金流入。这一运动由富达 (Fidelity) 的 FBTC 引领，该基金流入了 2.544 亿美元。位居第二的是 Ark 的 ARKB ETF，流入资金为 1.869 亿美元。

VanEck's HODL and Grayscale's BTC saw minimal inflows of less than $10 million, while the largest Bitcoin ETF by market capitalization, Blackrock's IBIT, saw $56.5 million in inflows.

VanEck 的 HODL 和 Grayscale 的 BTC 流入量不足 1000 万美元，而市值最大的比特币 ETF Blackrock 的 IBIT 流入量为 5650 万美元。

So far, the highest single-day inflows recorded in December belong to IBIT, with $770 million in inflows on December 5th. Meanwhile, the highest outflow also belongs to Blackrock, with $188 million disbursements on December 24th.

迄今为止，12月单日最高流入额属于IBIT，12月5日流入7.7亿美元。与此同时，流出量最高的也属于贝莱德，12 月 24 日支出 1.88 亿美元。

Bitcoin Drops Below $95,000

比特币跌破 95,000 美元

The bull run slowdown has also impacted the Bitcoin market, with the asset dropping below the $95k margin for the first time since December 20th. At the time of writing, BTC trades at $94,132, down 1.6% according to CoinMarketCap.

牛市放缓也影响了比特币市场，该资产自 12 月 20 日以来首次跌破 9.5 万美元保证金。根据 CoinMarketCap 的数据，截至撰写本文时，BTC 交易价格为 94,132 美元，下跌 1.6%。

Interestingly, the current price zone the asset trades at right now has proven to be a reliable resistance zone, with buyers refusing to let it dip below $92k. Throughout December, this zone was tested five times, with each rebuttal causing a response of at least a 5% surge in value.

有趣的是，该资产当前交易的价格区域已被证明是一个可靠的阻力区域，买家拒绝让它跌破 92,000 美元。整个 12 月，这个区域被测试了五次，每次反驳都会引起至少 5% 的价值飙升。

The market has certainly slowed down over the past few days as the end-of-the-year festivities begin to take hold. Despite this, many anticipate a continuation of the bullish trend once January arrives.

随着年终庆祝活动的开始，市场在过去几天肯定已经放缓。尽管如此，许多人预计一月份到来后看涨趋势将持续。