Here's Why Bitcoin, Ethereum, Solana Are So Boring Now Compared To 2021
Here's Why Bitcoin, Ethereum, Solana Are So Boring Now Compared To 2021
Looking forward, Deutscher identifies potential catalysts for retail's return to crypto, including Bitcoin breaking new highs, the inherent appeal of crypto as a speculative asset and the emergence of new, genuine use cases for blockchain technology. He concludes optimistically, stating, "It won't take much for retail to return. And that day may be sooner than you think."In a comprehensive thread on X, crypto analyst Miles Deutscher explored the current state of retail investment in cryptocurrency and speculated whether a resurgence might be on the horizon.
在一篇詳細的討論中，加密貨幣分析師Miles Deutscher探討了數字貨幣零售投資的當前狀況，並推測是否會出現復甦的跡象。
What Happened: Deutscher notes a shift in sentiment with BlackRock's application for a spot Bitcoin ETF in June 2023, describing it as a "paradigm shift" in institutional perception of the crypto king. The subsequent approval and launch of Bitcoin spot ETFs in January 2024 brought significant inflows, driving Bitcoin to new all-time highs.
簡述情況：Deutscher指出，BlackRock在2023年6月申請比特幣ETF的上市，被形容爲機構對這位加密幣之王認知的「範式轉變」。隨後在2024年1月批准和推出比特幣現貨ETF，帶來了大量資金流入，推動比特幣創下新的歷史高點。
Despite Bitcoin's strong performance, Deutscher observes that altcoins have not followed suit, contrary to expectations based on previous cycles. He attributes this to several factors like the changing dynamics of liquidity flow due to ETFs and the lingering effects of the 2022 market crash on retail sentiment.
儘管比特幣表現強勁，但Deutscher觀察到，與先前循環的預期相反，其他加密幣並未追隨其後。他將此歸因於幾個因素，如由於ETF的流動性流向變化和2022年市場崩盤對零售投資者情緒的持續影響。
Looking forward, Deutscher identifies potential catalysts for retail's return to crypto, including Bitcoin breaking new highs, the inherent appeal of crypto as a speculative asset and the emergence of new, genuine use cases for blockchain technology. He concludes optimistically, stating, "It won't take much for retail to return. And that day may be sooner than you think."
展望未來，Deutscher確定了零售投資者重返加密貨幣的潛在催化劑，包括比特幣突破新高，加密貨幣作爲投機資產的固有吸引力和區塊鏈技術新的真實應用場景的出現。他樂觀地總結道：「零售投資者的回歸不需要太多時間。而那一天可能比你想的早。」
Also Read: Bitcoin Could Hit New All-Time High In Next Two Weeks If This Key Level Breaks, Says Top Analyst
還要閱讀：頂級分析師表示，如果這個重要水平被突破，比特幣可能在接下來的兩週內創下新的歷史高點。
Why It Matters: Deutscher revisited the explosive growth of the crypto market in 2021, which saw a staggering 2,672% rally from March 2020 to November 2021. He attributes this to "a perfect storm of unprecedented money printing, stimulus and people locked (and bored) at home."
爲什麼重要：Deutscher回顧了2021年加密市場的爆炸性增長，從2020年3月到2021年11月，市場經歷了驚人的2672%的漲幅。他將此歸因於「前所未有的貨幣印刷、刺激措施以及人們在家中被限制（和厭倦）所造成的完美風暴。」
During this period, altcoins like Solana (CRYPTO: SOL), Fantom (CRYPTO: FTM) and Avalanche (CRYPTO: AVAX) saw exponential gains, with some achieving "500x+ multiples."
在這一時期，像solana、fantom和avalanche等其他加密幣出現了指數級的增長，其中一些實現了「500倍以上的漲幅。」
However, the bubble burst spectacularly, culminating in the May 2022 collapse of LUNA and UST, which wiped out $45 billion in market value. This event, followed by a series of high-profile crypto company failures, including FTX, severely damaged the industry's reputation and burned many retail investors.
然而，泡沫最終以2022年5月LUNA和USt的崩盤告終，市值蒸發了450億美元。這一事件導致了一系列備受關注的加密貨幣公司破產，包括FTX，嚴重損害了行業的聲譽，並造成了許多散戶投資者的損失。
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
接下來：比特幣作爲機構資產類別的影響力預計將在Benzinga即將到來的數字資產未來活動中得到徹底探討。日期是11月19日。
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圖片：shutterstock
