渣打银行敦促客户逢低买入比特币和以太坊，预测 BTC 到 2025 年底将达到 20 万美元

渣打银行（OTC：SCBFF）的分析师敦促客户利用比特币和以太坊的价格下跌，尽管市场存在不确定性，但预计加密货币的中期收益。

Standard Chartered (OTC:SCBFF) analysts are advising clients to buy the dip in Bitcoin and Ethereum, projecting handsome medium-term gains in the cryptocurrencies despite the market uncertainty over President Trump's digital asset policies.

渣打银行（OTC：SCBFF）分析师建议客户逢低买入比特币和以太坊，尽管市场对特​​朗普总统的数字资产政策存在不确定性，但他们预计加密货币的中期收益将可观。

In a Wednesday note, the bank highlighted the absence of digital asset-related policies in Trump's initial executive orders as a key factor behind recent price corrections. But Standard Chartered said “no news is bad news” for the sector. Without immediate supportive policy announcements, prices may face additional short-term pressures.

在周三的一份报告中，该银行强调特朗普最初的行政命令中缺乏与数字资产相关的政策，这是近期价格调整背后的关键因素。但渣打银行表示，对该行业来说“没有消息就是坏消息”。如果没有立即宣布支持性政策，价格可能会面临额外的短期压力。

Despite these near-term headwinds, Standard Chartered maintains a bullish outlook for digital assets. The bank forecasts Bitcoin reaching $200,000 and Ethereum climbing to $10,000 by the end of 2020, driven by expected regulatory clarity and robust institutional inflows.

尽管存在这些近期阻力，渣打银行仍然对数字资产保持乐观的前景。该银行预测，在预期的监管明确性和强劲的机构资金流入的推动下，到 2020 年底，比特币将达到 20 万美元，以太坊将攀升至 1 万美元。

“We expect institutional flows into BTC in 2025 to exceed 2024 levels, with fresh capital likely to come from long-only funds classified as ‘pension funds’,” said Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank.

渣打银行数字资产研究全球主管 Geoff Kendrick 表示：“我们预计 2025 年流入 BTC 的机构资金将超过 2024 年的水平，新资本可能来自被归类为‘养老基金’的多头基金。”

“So far, these funds account for only 1% of BTC ETF ownership,” he added.

“到目前为止，这些基金仅占 BTC ETF 所有权的 1%，”他补充道。

Kendrick identified two key themes that could impact crypto prices under Trump's second term.

肯德里克确定了特朗普第二任期内可能影响加密货币价格的两个关键主题。

These include executive orders specifically related to the digital assets space, such as creating a Bitcoin reserve or reducing regulatory burdens, and potential US tariffs, which could negatively impact inflation expectations and weigh on digital asset prices.

其中包括与数字资产领域特别相关的行政命令，例如创建比特币储备或减轻监管负担，以及美国潜在的关税，这可能会对通胀预期产生负面影响并打压数字资产价格。

“If both (or neither) of these are forthcoming, the implications for digital asset prices are mixed,” the analyst said. “Also, if time passes with no news on digital assets, markets are likely to price in a lower probability of such good news materialising. This would be negative for digital asset prices.”

这位分析师表示：“如果这两种情况（或两者都没有）出现，那么对数字资产价格的影响是复杂的。” “此外，如果随着时间的推移没有有关数字资产的消息，市场可能会认为此类好消息出现的可能性较低。这将对数字资产价格产生负面影响。”

Kendrick also touched upon the growing differentiation among digital assets, with specific coins poised to benefit from new developments.

肯德里克还谈到了数字资产之间日益加剧的差异，某些特定的货币有望从新的发展中受益。

For instance, Litecoin is expected to gain from potential ETF launches, while Uniswap could see upside from regulatory changes enabling revenue monetization.

例如，莱特币预计将从潜在的 ETF 推出中获益，而 Uniswap 可能会从监管变化中看到收益货币化的好处。

Since the US election, the performance of various cryptocurrencies has shown significant divergence. Ripple and Stellar have been standout performers, bolstered by positive outcomes in Ripple's legal battles and increasing institutional use of RippleNet's payment system.

自美国大选以来，各种加密货币的表现出现了明显的分化。 Ripple 和 Stellar 表现出色，这得益于 Ripple 法律诉讼取得的积极成果以及 RippleNet 支付系统的机构使用不断增加。