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June 25, 2025 9 mins

我们概述了数字资产市场的基本面,例如机构化、监管清晰度提高和技术进步,尽管由于宏观经济逆风和地缘政治紧张局势,价格表现平平。我们分析了比特币作为机构储备的作用、以太坊作为稳定币结算层的潜力,以及 ETF 对 Solana 等山寨币的催化剂作用。我们还将人工智能和区块链的融合以及现实世界资产的代币化确定为未来的主要增长领域,但警告市场杠杆会带来系统性风险。总的来说,我们建议在价格下跌期间进行战略性增持,以期在宏观经济改善和新的 ETF 获批后市场重新定价。

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