美国BTC-SPOT ETF市场在一月份的净流入总额为51.587亿美元

美国BTC-SPOT ETF市场在一周中的净流入总额中有5.595亿美元，低于上周的1,7.577亿美元。

The US BTC-spot ETF market saw record inflows in January, with a total of $5,158.7 million. This marks the fourth highest net inflow since the launch of BTC-spot ETFs in the US.

美国BTC-SPOT ETF市场在一月份创下了创纪录的流入，总计51.587亿美元。这是自美国BTC SPOT ETF推出以来第四高的净流入。

The latest data from ETF Trends shows that the US BTC-spot ETF market saw total net inflows of $559.5 million in the week, decreasing from $1,757.7 million the previous week.

来自ETF趋势的最新数据表明，美国BTC-SPOT ETF市场在一周中的总净流入量为5.595亿美元，从上周的1,75770万美元下降。

Concerns about a potentially more hawkish path for Federal Reserve interest rates tempered demand for the ETFs, which track the price of Bitcoin (BTC).

人们担心对联邦储备利率对ETF的需求缓慢的需求的可能性更高，而ETF的需求是追踪比特币价格（BTC）的。

Despite the slowdown in the last week of January, the US BTC-spot ETF market registered four weeks of inflows.

尽管一月份的最后一周有所放缓，但美国BTC-SPOT ETF市场仍在流入四个星期。

The market saw outflows of $231.7 million in the third week of January and $301.4 million in the second week. At the beginning of the year, the market saw inflows of $6,037.1 million in the first week of January.

1月的第三周，市场的流出量为2.317亿美元，在第二周的流出量为3.014亿美元。在今年年初，1月的第一周，市场流入了6,0.371亿美元。

Overall, the US BTC-spot ETF market saw four weeks of inflows and three weeks of outflows in January.

总体而言，一月份的美国BTC-SPOT ETF市场在一月份有四个星期的流入和三周的流出。

Blackrock’s IBIT remains the largest BTC holder (excluding exchanges)

贝莱德的IBIT仍然是最大的BTC持有人（不包括交流）

Among the BTC-spot ETFs, Blackrock’s iSharesbitcoin Trust (IBIT) remains the largest BTC holder (excluding exchanges) with 582,821 BTC, according to data from HODL15Capital.

根据HODL15Capital的数据，在BTC SPOT ETF中，BlackRock的Isharesbitcoin Trust（IBIT）仍然是最大的BTC持有人（不包括交易所），其BTC为582,821 BTC。

The التالي في القائمة is Fidelity’s FBTC, which holds 213,634 BTC.

列表中的下一个是Fibelity的FBTC，其持有213,634 BTC。

Commenting on the performance of US BTC-spot ETFs, ETF Store President Nate Geraci said:

ETF商店总裁Nate Geraci评论了美国BTC点ETF的表现：

“I can still remember a year ago, when I was told there was no demand for spot btc etfs … After they had meaningful inflows, then it was all ‘degen retail’. One year later, they post a $5+bil inflow month. Love to see it.”

“我仍然记得一年前，当我被告知没有对BTC ETF的需求……在他们有有意义的流入后，这一切都是'Degen零售'。一年后，他们发布了$ 5+BIL流入月。喜欢看到它。”

Political support grows for a US Strategic Bitcoin Reserve

政治支持增长为美国战略比特币储备

Expectations for a US Strategic Bitcoin Reserve (SBR) also supported BTC price trends.

对美国战略比特币储备（SBR）的期望也支持BTC价格趋势。

On February 1, Senate Banking Subcommittee on Digital Assets Chair Cynthia Lummis said that the SBR is “the only tool I see that can help people in my generation right the wrongs that we did to younger generations and generations to follow.”

2月1日，参议院银行业务小组委员会数字资产主席Cynthia Lummis表示，SBR是“我看到的唯一可以帮助我们这一代人的人正确地对年轻一代和世代犯的错误。”

Senator Lummis shared an interview where she discussed the potential impact of an SBR and the Bitcoin Act.

参议员卢米斯（Lummis）分享了一次采访，讨论了SBR和《比特币法案》的潜在影响。

The Bitcoin Act proposes that the US government acquire one million BTC over five years, and then hold it for a mandatory 20 years. If implemented, a US SBR could tighten BTC supply, potentially driving it to new record highs.

《比特币法》提出，美国政府在五年内收购了100万BTC，然后将其持有20年的强制性。如果实施，美国SBR可能会收紧BTC的供应，并有可能将其推向新的纪录高点。

However, it is important to note that the designation of assets for a national strategic reserve requires approval from US Congress, the Federal Reserve, the US Treasury Secretary and the President.

但是，重要的是要注意，国家战略储备的资产指定需要美国国会，美联储，美国财政部长和总统的批准。

BTC price outlook: Record highs in sight?

BTC Price Outlook：记录高点？

Ultimately, BTC price trends will depend on a combination of factors, including Trump’s policies, the path of Fed interest rates, developments regarding an SBR and the performance of US BTC-spot ETFs.

最终，BTC价格趋势将取决于包括特朗普的政策，美联储利率的道路，有关SBR的发展以及美国BTC-SPOT ETF的表现的组合。

To follow our analysis and forecasts on how these macroeconomic data, US crypto policies and BTC-spot ETF market flows impact price action, check out our analysis and forecasts here to navigate crypto-related risks.

为了遵循我们的分析并预测这些宏观经济数据如何，美国加密策略和BTC-SPOT ETF市场流动影响价格行动，查看我们的分析并在此处进行预测，以应对与加密相关的风险。

Technical Analysis

技术分析

Bitcoin Analysis

比特币分析

Despite the pullback driven by the tariff news, BTC still trades above the 50-day and 200-day Exponential Moving Averages (EMA), sending bullish price signals.

尽管关税新闻引起的回调，但BTC仍在超过50天和200天的指数式移动平均值（EMA）的交易，传达了看涨的价格信号。

A price breakout from $105k could enable the bulls to target the all-time high of $109,312. A breakout from $109,312 may signal a move toward 120k next.

从10.5万美元开始的价格突破可以使公牛队以109,312美元的历史最高点为目标。从$ 109,312开始的突破可能标志着下一步向120k转移。

逆に, a BTC price break below $100k could signal a price drop toward the 50-day EMA. A price fall below the 50-day EMA may bring the $90,742 support level into sight.

逆に，BTC的价格下跌低于$ 100K，可能标志着50天EMA的价格下跌。低于50天EMA的价格可能会将$ 90,742的支持水平带入视线。

With an RSI reading of 49.56 over 14 days, BTC could drop to the $90,742 support level before entering oversold territory (RSI below 30).

在14天内的RSI读数为49.56时，BTC在进入超卖领土之前可能会降至90,742美元的支持水平（RSI低于30）。