比特币和以太坊 ETF 资金流入创历史新高，表明投资者信心不断增强

最近的美国总统选举结果对各个经济领域产生了连锁反应，加密货币市场成为显着的受益者。

The recent U.S. presidential election has had a positive impact on various economic sectors, including the cryptocurrency market. Both Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have seen record inflows, indicating growing investor confidence in these leading cryptocurrencies. In this article, we analyze the ETF investment surge and its implications for the future price action of BTC and ETH.

最近的美国总统大选对包括加密货币市场在内的各个经济领域产生了积极影响。比特币（BTC）和以太坊（ETH）交易所交易基金（ETF）的资金流入均创历史新高，表明投资者对这些领先加密货币的信心不断增强。在本文中，我们分析了 ETF 投资激增及其对 BTC 和 ETH 未来价格走势的影响。

Bitcoin ETFs Hit Record Inflows

比特币 ETF 流入量创历史新高

One of the most notable developments following the election results is the record inflows into Bitcoin ETFs. According to a tweet by popular crypto analyst CRYPTOBIRD, more than 17,000 BTC were bought recently, with a total of 406,000 BTC netflows registered up to November 7, 2024. In fact, on November 7 alone, Bitcoin ETFs saw over 17.9k BTC in net inflows, setting a new high.

选举结果后最显着的进展之一是比特币 ETF 的资金流入创历史新高。根据热门加密货币分析师 CRYPTOBIRD 的推文，最近购买了超过 17,000 个 BTC，截至 2024 年 11 月 7 日，总共有 406,000 个 BTC 净流入。事实上，仅 11 月 7 日，比特币 ETF 净流入就超过 17,900 个 BTC资金流入量再创新高。

This surge in ETF purchases is a clear sign that investors are increasingly confident in Bitcoin’s future prospects. Bitcoin’s price has also responded positively, rising nearly 10% in the past week, currently trading at $75,890, which is close to its all-time high.

ETF 购买量的激增清楚地表明投资者对比特币的未来前景越来越有信心。比特币价格也做出积极反应，过去一周上涨近10%，目前交易价格为75,890美元，接近历史高点。

The massive rise in ETF netflows suggests that institutional investors are not only bullish on Bitcoin’s future but are also eager to gain exposure to the asset through ETFs, a more regulated and accessible investment vehicle compared to direct crypto purchases.

ETF 净流量的大幅增长表明，机构投资者不仅看好比特币的未来，而且渴望通过 ETF 获得该资产的投资，与直接购买加密货币相比，ETF 是一种更受监管、更容易获得的投资工具。

A Strong Sign of Buying Pressure

购买压力的强烈迹象

To further understand the buying pressure behind Bitcoin, we analyzed data from Glassnode, which tracks on-chain activity. The BTC accumulation trend score, which measures the relative size of entities actively accumulating Bitcoin, jumped from 0.04 to 0.8 over the past month. A score closer to 1 indicates high buying pressure, and this sharp increase suggests that more and more market participants are accumulating BTC. This is often seen as a bullish indicator, especially when combined with the recent ETF inflows.

为了进一步了解比特币背后的购买压力，我们分析了来自跟踪链上活动的 Glassnode 的数据。 BTC 积累趋势得分（衡量积极积累比特币的实体的相对规模）在过去一个月从 0.04 跃升至 0.8。分数接近 1 表明购买压力较高，这种急剧增加表明越来越多的市场参与者正在积累 BTC。这通常被视为看涨指标，尤其是与近期 ETF 流入结合起来时。

If this trend continues, there is potential for further bullish momentum in the Bitcoin market, with many traders expecting the price to push beyond its recent highs in the coming weeks.

如果这种趋势持续下去，比特币市场有可能进一步看涨势头，许多交易者预计价格将在未来几周内突破近期高点。

Ethereum ETFs Also Experience Major Inflows

以太坊 ETF 也出现大量资金流入

It’s not just Bitcoin that’s seeing an influx of investor interest—Ethereum is also benefiting from a surge in ETF netflows. According to data from Dune Analytics, Ethereum ETFs recorded inflows exceeding $56 million on November 7, one of the largest daily netflows since the inception of Ethereum ETFs. This surge in interest is encouraging for ETH holders, as it suggests that institutional confidence in Ethereum is growing alongside Bitcoin.

投资者兴趣涌入的不仅仅是比特币，以太坊也受益于 ETF 净流量的激增。根据 Dune Analytics 的数据，以太坊 ETF 于 11 月 7 日录得超过 5600 万美元的流入，这是自以太坊 ETF 成立以来最大的每日净流量之一。这种兴趣的激增对 ETH 持有者来说是令人鼓舞的，因为这表明机构对以太坊的信心与比特币一起增长。

Ethereum’s price has already been showing positive movement, increasing by over 15% in the past week. At the time of writing, ETH was trading at $2,900, reflecting the growing optimism surrounding the asset.

以太坊的价格已经呈现出积极的走势，过去一周上涨了 15% 以上。截至撰写本文时，ETH 的交易价格为 2,900 美元，反映出围绕该资产的乐观情绪日益增长。

What Do the Technical Indicators Say?

技术指标说明了什么？

Both Bitcoin and Ethereum are showing bullish technical indicators, which further strengthen the case for a continued rally.

比特币和以太坊都显示出看涨的技术指标，这进一步强化了持续上涨的理由。

For Bitcoin, the moving average (MA) cross indicator suggests a clear bullish advantage, with the shorter-term MA crossing above the longer-term MA. However, Bitcoin’s price is currently near the upper limit of the Bollinger Bands, which suggests that there could be a short-term pullback before the next leg up. Traders should watch for any signs of a consolidation phase or a slight correction, which could provide a buying opportunity before the price continues its upward trajectory.

对于比特币来说，移动平均线（MA）交叉指标显示出明显的看涨优势，短期 MA 穿越长期 MA 上方。然而，比特币的价格目前接近布林带上限，这表明在下一轮上涨之前可能会出现短期回调。交易者应留意任何盘整阶段或小幅调整的迹象，这可能在价格继续上涨之前提供买入机会。

In the case of Ethereum, the golden cross—a bullish pattern where the short-term MA crosses above the long-term MA—is currently forming. If this cross completes, it could trigger a more substantial rally, potentially propelling ETH further. Ethereum’s recent surge, combined with this technical signal, suggests that its bullish momentum may be far from over.

就以太坊而言，金叉——一种看涨模式，短期移动平均线穿过长期移动平均线——目前正在形成。如果该交叉完成，可能会引发更大幅度的反弹，从而进一步推动 ETH 上涨。以太坊最近的飙升，加上这一技术信号，表明其看涨势头可能还远未结束。

What This Means for the Crypto Market

这对加密货币市场意味着什么

The record inflows into Bitcoin and Ethereum ETFs indicate a shift in market sentiment. With more institutional investors pouring capital into these assets, there is a growing sense of confidence in the long-term viability of Bitcoin and Ethereum. The fact that these ETFs are seeing such large netflows suggests that traditional investors are not just speculating on short-term price moves but are increasingly viewing Bitcoin and Ethereum as integral parts of their portfolios.

比特币和以太坊 ETF 的创纪录资金流入表明市场情绪发生转变。随着越来越多的机构投资者将资金投入这些资产，人们对比特币和以太坊的长期生存能力越来越有信心。这些 ETF 的净流量如此之大，这一事实表明，传统投资者不仅在猜测短期价格走势，而且越来越多地将比特币和以太坊视为其投资组合的组成部分。

Moreover, the growing social engagement and rising development activity in both Bitcoin and Ethereum also indicate that these blockchain platforms are not only well-positioned for future growth but are actively evolving to meet the demands of a rapidly changing digital economy. This all bodes well for the long-term outlook of both assets.

此外，比特币和以太坊不断增长的社会参与度和不断增长的开发活动也表明，这些区块链平台不仅为未来的增长做好了准备，而且正在积极发展以满足快速变化的数字经济的需求。这对于这两种资产的长期前景来说都是好兆头。

Final Thoughts: A Bullish Outlook for BTC and ETH

最后的想法：BTC 和 ETH 的看涨前景

The recent record inflows into Bitcoin and Ethereum ETFs, supported by strong technical indicators, institutional interest, and rising buying pressure, suggest that both assets are enjoying increased investor confidence. Bitcoin’s near-record price levels and Ethereum’s impressive performance indicate that the rally could continue in the near future, provided the bullish trend holds.

在强劲的技术指标、机构兴趣和不断上升的购买压力的支持下，近期比特币和以太坊 ETF 的资金流入创纪录，表明投资者对这两种资产的信心正在增强。比特币接近历史纪录的价格水平和以太坊令人印象深刻的表现表明，只要看涨趋势持续下去，反弹可能在不久的将来继续。

As always, investors should

与往常一样，投资者应该