高级战略家信号是比特币火箭的范式转变的范例

21Shares加密货币研究策略师Matt Mena打破了比特币最近的突破后$ 94,000的力量，指向转移地缘政治信号的网络

A top strategist is signaling a paradigm shift as bitcoin rockets past $94K, fueled by a web of institutional flows and macro tailwinds that are cutting through the noise.

一位顶级策略师正在向比特币火箭弹出94K的范式转移，这是由机构流动和宏观尾风的网络推动的。

As the world’s leading cryptocurrency breaches new all-time highs, one strategist is cutting through the hype to highlight the deeper forces at play.

随着世界领先的加密货币违反了新的历史最高水平，一位战略家正在炒作，以突出更深的力量。

Matt Mena, crypto research strategist at 21Shares, dissected what’s behind bitcoin’s rally—and why he calls $200K BTC a real target in this new regime.

21Shares的加密研究策略师Matt Mena剖析了比特币集会背后的内容，以及为什么他将20万美元的BTC称为这个新政权的真正目标。

The strategist went on "Chains," a crypto and Web3 show on Real Vision, to discuss the surprising strength of bitcoin in an era of shifting geopolitical signals and macroeconomic dynamics that are reconfiguring investor strategies.

这位战略家在真实愿景上进行了“链”和Web3节目“链”，讨论了比特币的令人惊讶的优势，这是改变了正在重新配置投资者策略的地缘政治信号和宏观经济动态的时代。

Attributing the price surge to “a confluence of macro and structural catalysts,” Mena pointed to a softer diplomatic stance from President Donald Trump toward China, signaling a potential shift in trade tensions.

MENA将价格上涨归因于“宏观和结构性催化剂的融合”，指出了唐纳德·特朗普总统对中国的外交立场较柔和，这表明贸易紧张局势的潜在转变。

Additionally, there’s been renewed clarity over U.S. Federal Reserve Chair Jerome Powell’s tenure and the likelihood of his reappointment, which is crucial for investors seeking stability in monetary policy.

此外，对美国美联储主席杰罗姆·鲍威尔（Jerome Powell）的任期和重新任命的可能性还有重新清楚，这对于寻求稳定货币政策稳定的投资者至关重要。

These developments, combined with a weakening dollar, are creating a more favorable environment for risk assets. But bitcoin is quickly distinguishing itself from the pack as more than a speculative instrument.

这些发展与美元疲软相结合，为风险资产创造了更有利的环境。但是，比特币迅速将自己与包装区分开来，不仅仅是投机仪器。

“This rally isn’t retail-driven hype—it’s institutional capital positioning ahead of what many see as a new monetary and political regime,” Mena highlighted.

梅纳强调说：“这次集会不是零售驱动的炒作，它的机构资本位置比许多人认为是新的货币和政治政权。”

That shift is evident not just in sentiment, but in how bitcoin is behaving relative to traditional markets.

这种转变不仅在情感上，而且是比特币相对于传统市场的表现。

“Bitcoin’s 7-day correlation to the S&P 500 and Nasdaq has gone negative,” he noted, highlighting that the asset is no longer being treated as a tech proxy.

他指出：“比特币与标准普尔500标准普尔500和纳斯达克的7天相关性。”他指出，该资产不再被视为技术代理。

Instead, it’s gaining traction as “a hybrid macro asset—part digital gold, part growth equity—roughly 80% gold and 20% tech.”

取而代之的是，它正在成为“混合宏观资产（部分数字黄金，部分增长权益），这一数量高达80％的黄金和20％的技术。”

Capital flows have followed suit, with bitcoin and ethereum ETFs bringing in over $1.3 billion in just two days, while more than $500 million in crypto short positions were liquidated as traders scrambled to adjust, Mena detailed.

资本流也伴随着，比特币和以太坊ETF在短短两天内带来了超过13亿美元，而随着交易者争先恐后的调整，MENA详细介绍了超过5亿美元的加密货币短职位。

“Short term, the next resistance sits around $95K, which could act as a brief pause point given the pace of this rally. Beyond that, the key psychological level remains $100K.”

“短期，下一个抵抗力占95,000美元左右，鉴于这次集会的步伐，这可能是一个短暂的停顿。除此之外，关键的心理水平仍然是$ 10万美元。”

The broader landscape continues to build the case for bitcoin’s momentum, he noted, emphasizing that the total crypto market cap has once again crossed the $3 trillion mark, matching highs not seen since the 2020–2021 cycle.

他指出，更广泛的景观继续为比特币的势头建立了案例，他强调，总加密市政上限再次超过了3万亿美元的大关，与自2020-2021周期以来未见的高点相匹配。

Economic indicators such as the approaching 4% yield on 10-year Treasury notes and expectations for three to four interest rate cuts by year’s end are reinforcing bullish sentiment.

经济指标，如10年期债券的收益率和期望为3至4年的期望在年底之前降低了4％的收益率，这加剧了看涨的情绪。

“Bitcoin could potentially double by the year-end, following global liquidity dynamics as it has in past cycles and reaching a high of $200K.”

“在全球流动性动态上，比特币可能会在年底之前加倍，就像过去的周期一样，达到了200万美元。”

Investors are increasingly turning to bitcoin not just for speculative gains but also as a haven in an uncertain world, Mena concluded.

梅纳总结说，投资者越来越多地求助于比特币，不仅是用于投机性的收益，而且是一个不确定世界的避风港。

“More investors are turning to it not just as a speculative asset, but as a flight to safety amid rising uncertainty across traditional markets.”

“越来越多的投资者不仅将其作为投机性资产，而且是在传统市场不确定性上升的情况下飞往安全的。”