CryptoQuant首席执行官：比特币（BTC）牛市在坦克中剩下足够的燃料，以升高

一家著名的加密分析公司的首席执行官认为，比特币（BTC）牛市有足够的燃料来见证更多的集会。

The head honcho of a top crypto analytics platform believes that the Bitcoin (BTC) bull market still has what it takes to propel the king crypto to new highs.

顶级加密分析平台的负责人认为，比特币（BTC）牛市仍然有能力推动国王加密货币的新高点。

In a new commentary on social media, CryptoQuant CEO Ki Young Ju tells his 401,300 followers on the platform X that demand for Bitcoin spot market exchange-traded funds (ETFs) is still indicating that deep-pocketed investors are positioning for more BTC rallies.

在社交媒体上的新评论中，CryptoQuant首席执行官Ki Young Ju告诉平台X上的401,300名关注者，对比特币现货市场交易所交易所资金（ETF）的需求仍表明，储备深厚的投资者正在为更多BTC集会而定位。

According to Ki, once the demand for Bitcoin ETFs fizzles out, it will signal the beginning of the end of BTC’s bull cycle.

根据Ki的说法，一旦对比特币ETF的需求消失了，它将标志着BTC牛周期结束的开始。

“The Bitcoin bull cycle is not yet over.

“比特币牛周期尚未结束。

The demand engine for paper Bitcoins is still running (2021 downturn started 2 months after GBTC inflows dried up.)

纸比特币的需求发动机仍在运行（2021年的衰退开始后，GBTC流入干燥了2个月。）

No need to rush calling the cyclical top until ETFs, MSTR, and institutional buying slow down.”

在ETF，MSTR和机构购买放缓之前，无需急于将周期性的上衣召唤。”

At the time of writing, Bitcoin is trading for $99,669.

在写作时，比特币的交易价格为99,669美元。

Turning to altcoins, Ki believes that the narrative surrounding the digital assets will shift dramatically within the next five years.

Ki转向AltCoins，认为围绕数字资产的叙述将在未来五年内发生巨大变化。

According to the analyst, most altcoins will no longer be viewed as speculative assets, but rather as tokens that will be valued by investors based on their earnings – akin to how they value stocks.

根据分析师的说法，大多数Altcoins将不再被视为投机资产，而是将投资者根据其收入来重视的代币，类似于他们如何价值股票。

“The era of altcoins existing solely as a measure of internet attention span will be over within 5 years. Meme coins will persist as gambling products…

“仅作为互联网注意力范围的量度将在5年内以来，altcoins的时代将在5年内结束。模因硬币将继续作为赌博产品…

Beyond those, altcoins that are actually building something will evolve into employment contracts for internet knowledge workers. It is undeniable future that these altcoins will evolve into an internet economic framework that enables compensation for the value generated in the processes of information creation, distribution, and acquisition.”

除此之外，实际上正在建立某些东西的山寨币还将发展成为互联网知识工作者的就业合同。不可否认的未来，这些AltCoins将演变成一个互联网经济框架，该框架可以为信息创建，分发和获取过程中产生的价值提供补偿。”