{"id":211043,"date":"2026-01-23T03:39:15","date_gmt":"2026-01-23T03:39:15","guid":{"rendered":"https:\/\/cryptonews.com\/cn\/?p=211043"},"modified":"2026-01-23T03:34:12","modified_gmt":"2026-01-23T03:34:12","slug":"bitwise-q4-bottom-signal-stablecoin-supercycle-2026","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/cn\/news\/bitwise-q4-bottom-signal-stablecoin-supercycle-2026\/","title":{"rendered":"2025 Q4\u5e95\u90e8\u4fe1\u53f7\u786e\u7acb\uff1fBitwise\u63ed\u793a\u94fe\u4e0a\u6570\u636e\u4e0e\u5e01\u4ef7\u80cc\u79bb\u771f\u76f8\uff1a2026\u7a33\u5b9a\u5e01\u8d85\u7ea7\u9031\u671f\u5c06\u81f3"},"content":{"rendered":"<p class=\"wp-block-paragraph\">\u65b0\u7684\u4e00\u5e74\uff0c\u5168\u7403\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u6b63\u5904\u4e8e\u4e00\u4e2a\u5173\u952e\u7684\u8f6c\u6298\u70b9\u3002\u5118\u7ba1<a href=\"https:\/\/cryptonews.com\/cn\/price-predictions\/bitcoin-price-perdiction\/\">\u6bd4\u7279\u5e01\uff08BTC\uff09<\/a>\u4e0e\u4ee5\u592a\u574a\uff08ETH\uff09\u5728\u8fc7\u53bb\u4e00\u5b63\u5ea6\u7684\u4ef7\u683c\u8868\u73b0\u75b2\u8f6f\uff0c\u4f46\u8d44\u4ea7\u7ba1\u7406\u673a\u6784<a href=\"https:\/\/bitwiseinvestments.com\/crypto-market-insights\/crypto-market-review-q4-2025\">Bitwise<\/a>\u5728\u5176\u6700\u65b0\u62a5\u544a\u4e2d\u5927\u80c6\u5ba3\u544a\uff1a\u718a\u5e02\u9031\u671f\u5df2\u6b63\u5f0f\u7ec8\u7ed3\u3002Bitwise\u9996\u5e2d\u6295\u8d44\u5b98MattHougan\u6307\u51fa\uff0c\u5f53\u524d\u5e02\u573a\u5448\u73b0\u51fa\u300c\u57fa\u672c\u9762\u4e0e\u4ef7\u683c\u4e25\u91cd\u80cc\u79bb\u300d\u7684\u7ecf\u5178\u7b51\u5e95\u7279\u5fb5\u3002<\/p><figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/11\/2026\/01\/23033904\/%E8%9E%A2%E5%B9%95%E6%88%AA%E5%9C%96-2026-01-22-%E4%B8%8B%E5%8D%883.30.54-1024x730.jpg\" alt=\"\" class=\"wp-image-211045\"><\/figure><p class=\"wp-block-paragraph\">\u5728\u8fd9\u79cd\u5b8f\u89c2\u84c4\u52bf\u671f\uff0c\u9664\u4e86\u4e3b\u6d41\u5e01\u7684\u5fa9\u7526\u9884\u671f\uff0c\u5177\u5907\u9ad8\u589e\u957f\u6f5c\u529b\u7684\u9884\u552e\u9879\u76ee\u5982<a href=\"https:\/\/cryptonews.com\/cn\/cryptocurrency\/how-to-buy-bitcoin-hyper\/\">Bitcoin Hyper\uff08$HYPER\uff09<\/a>\u4e5f\u6b63\u5438\u5f15\u5168\u7403\u5de8\u9cb8\u7684\u9ad8\u5ea6\u5173\u6ce8\u3002<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The latest Bitwise Crypto Market Review just dropped\u2014and it\u2019s the most important one we\u2019ve ever published.<br><br>Why? Because it shows a tension in crypto markets that has historically signaled a bear-market bottom (see Q1 2023).<br><br>Receipts: During Q4 2025\u2026<br><br>&#8211; ETH\u2019s price fell 29% \u2026\u2026<\/p>&mdash; Bitwise (@BitwiseInvest) <a href=\"https:\/\/twitter.com\/BitwiseInvest\/status\/2014065023744618555?ref_src=twsrc%5Etfw\">January 21, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><h2 class=\"wp-block-heading\">\u57fa\u672c\u9762\u5f3a\u52b2\u6269\u5f20\uff1a\u4e3a\u4f55Bitwise\u8ba4\u4e3a\u718a\u5e02\u5df2\u8fc7\uff1f<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\u6839\u636eBitwise\u7684\u89c2\u5bdf\uff0c2025\u5e74Q4\u7684\u5e02\u573a\u903b\u8f91\u4e0e2023\u5e74Q1\u6781\u4e3a\u76f8\u4f3c\u3002\u867d\u7136\u8d44\u4ea7\u4ef7\u683c\u53d7\u8d38\u6613\u6218\u4e0e\u5173\u7a0e<\/p><p class=\"wp-block-paragraph\">\u653f\u7b56\u5f71\u54cd\u51fa\u73b0\u56de\u64a4\uff0c\u4f46\u94fe\u4e0a\u6570\u636e\u5374\u5237\u7834\u5386\u53f2\u7eaa\u5f55\uff1a<\/p><ul class=\"wp-block-list\">\n<li>\u94fe\u4e0a\u6d3b\u52a8\u521b\u65b0\u9ad8\uff1a\u4ee5\u592a\u574a\u53ca\u5176\u4e8c\u5c42\u7f51\u7edc\uff08Layer2\uff09\u7684\u6bcf\u65e5\u4ea4\u6613\u91cf\u572812\u6708\u5e95\u8fbe\u5230223\u4e07\u7b14\uff0c\u667a\u80fd\u5408\u7ea6\u90e8\u7f72\u6570\u91cf\u5355\u5b63\u9ad8\u8fbe870\u4e07\u4e2a\u3002<\/li>\n<\/ul><ul class=\"wp-block-list\">\n<li>\u7a33\u5b9a\u5e01\u8d85\u7ea7\u9031\u671f\uff1a\u5168\u7403\u7a33\u5b9a\u5e01\u5e02\u503c\u5df2\u7a81\u78343,110\u4ebf\u7f8e\u5143\uff0c\u5355\u662fQ4\u5728\u4ee5\u592a\u574a\u4e0a\u7684\u8f6c\u8d26\u89c4\u6a21\u5c31\u8d85\u8fc78\u4e07\u4ebf\u7f8e\u5143\uff0c\u663e\u793a\u51fa\u8d44\u91d1\u6d41\u5165\u7684\u901f\u5ea6\u8fdc\u8d85\u4ef7\u683c\u53cd\u5e94\u3002<\/li>\n<\/ul><ul class=\"wp-block-list\">\n<li>DeFi\u53d6\u4ee3\u4f20\u7edf\u4e2d\u5fc3\u5316\u5e73\u53f0\uff1aUniswap\u7b49\u53bb\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\u7684\u4ea4\u6613\u91cf\u5df2\u5f00\u59cb\u7a33\u5b9a\u8d85\u8d8aCoinbase\u7b49\u4e2d\u5fc3\u5316\u5e73\u53f0\uff0c\u53bb\u4e2d\u5fc3\u5316\u6c38\u7eed\u5408\u7ea6\uff08PerpDEX\uff09\u5e74\u4ea4\u6613\u91cf\u66f4\u662f\u7ffb\u500d\u81f312.09\u4e07\u4ebf\u7f8e\u5143\u3002<\/li>\n<\/ul><figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"\" class=\"wp-image-211044 lazyload\" data-src=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/11\/2026\/01\/23033528\/%E8%9E%A2%E5%B9%95%E6%88%AA%E5%9C%96-2026-01-22-%E4%B8%8B%E5%8D%883.24.09.png\" data-srcset=\"\"><figcaption class=\"wp-element-caption\">ETH\u53caLayer2\u7684\u4ea4\u6613\u91cf\uff08\u4f86\u6e90\uff1aBitwise\uff09<\/figcaption><\/figure><p class=\"wp-block-paragraph\">Bitwise\u8ba4\u4e3a\uff0c\u8fd9\u79cd\u300c\u6570\u636e\u6da8\u3001\u4ef7\u683c\u8dcc\u300d\u7684\u80cc\u79bb\u662f\u5178\u578b\u7684\u5e02\u573a\u5e95\u90e8\u4fe1\u53f7\uff0c\u9884\u793a\u77402026\u5e74Q1\u98ce\u9669\u8d44\u4ea7\u5c06\u8fce\u6765\u62a5\u5fa9\u6027\u53cd\u5f39\u3002<\/p><h2 class=\"wp-block-heading\">\u9884\u552e\u5e01\u65b0\u9738\u4e3b\uff1aBitcoin Hyper\uff08$HYPER\uff09\u5f15\u53d1\u5de8\u9cb8\u72c2\u70ed<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\u5728\u5e02\u573a\u5bfb\u627e\u4e0b\u4e00\u4e2a\u589e\u957f\u50ac\u5316\u5242\u65f6\uff0c\u9884\u552e\u5e02\u573a\u7684\u8868\u73b0\u751a\u81f3\u6bd4\u4e8c\u7ea7\u5e02\u573a\u66f4\u4e3a\u706b\u7206\u3002<a href=\"https:\/\/cryptonews.com\/cn\/cryptocurrency\/bitcoin-hyper-price-prediction\/\">Bitcoin Hyper\uff08$HYPER\uff09<\/a>\u4f5c\u4e3a2026\u5e74\u6700\u53d7\u77a9\u76ee\u7684\u9884\u552e\u9879\u76ee\uff0c\u76ee\u524d\u5df2\u6210\u529f\u7b79\u96c6\u8d85\u8fc73,080\u4e07\u7f8e\u5143\u3002\u8be5\u9879\u76ee\u65e8\u5728\u89e3\u51b3\u6bd4\u7279\u5e01\u7f51\u7edc\u7684\u6269\u5c55\u6027\u95ee\u9898\uff0c\u5e76\u5f15\u5165\u9ad8\u6548\u80fd\u7684\u4ea4\u6613\u673a\u5236\uff0c\u88ab\u89c6\u4e3a\u6bd4\u7279\u5e01\u751f\u6001\u7684\u91cd\u8981\u8865\u5b8c\u3002<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Bitcoin is just hanging on for dear life to <a href=\"https:\/\/twitter.com\/search?q=%24HYPER&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$HYPER<\/a>.<br><br>It&#39;s okay, <a href=\"https:\/\/twitter.com\/search?q=%24HYPER&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$HYPER<\/a> is here to take you to the next level. \ud83d\udd25\u26a1\ufe0f<a href=\"https:\/\/t.co\/VNG0P4GuDo\">https:\/\/t.co\/VNG0P4GuDo<\/a> <a href=\"https:\/\/t.co\/SMKLKWjinY\">pic.twitter.com\/SMKLKWjinY<\/a><\/p>&mdash; Bitcoin Hyper (@BTC_Hyper2) <a href=\"https:\/\/twitter.com\/BTC_Hyper2\/status\/2014202126940156415?ref_src=twsrc%5Etfw\">January 22, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><p class=\"wp-block-paragraph\">\u76ee\u524d<a href=\"https:\/\/bitcoinhyper.com\/zh-hans\">$HYPER<\/a>\u7684\u9884\u552e\u552e\u4ef7\u4ec5\u4e3a$0.013615\uff0c\u5176\u6781\u9ad8\u7684\u6027\u4ef7\u6bd4\u5df2\u5f15\u53d1\u673a\u6784\u7ea7\u6295\u8d44\u8005\u7684\u75af\u72c2\u62a2\u8d2d\u3002\u6839\u636ebscscan\u94fe\u4e0a\u6570\u636e\u663e\u793a\uff0c\u8fd1\u671f\u66fe\u6709\u4e00\u540d\u5de8\u9cb8\u5355\u7b14\u65a5\u8d44<a href=\"https:\/\/bscscan.com\/tx\/0x03b6e6bae7a59f778163f91be98b128d35fc5ccccf8084664766d24de1073908\">\u9ad8\u8fbe9\u4e07\u7f8e\u5143\u4e70\u5165$HYPER<\/a>\u3002\u8fd9\u79cd\u8d44\u91d1\u89c4\u6a21\u7684\u6ce8\u5165\uff0c\u53cd\u6620\u51fa\u806a\u660e\u94b1\uff08SmartMoney\uff09\u5728\u4e3b\u6d41\u5e01\u9707\u76ea\u671f\uff0c\u6b63\u79ef\u6781\u5e03\u5c40\u5177\u5907\u767e\u500d\u6f5c\u529b\u7684\u539f\u751f\u8d44\u4ea7\u3002<\/p><h2 class=\"wp-block-heading\">2026\u5e74\u5e02\u573a\u50ac\u5316\u5242\uff1a\u6cd5\u6848\u3001ETF\u4e0eFed\u65b0\u5c40<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\u5c55\u671b2026\u5e74\uff0c\u591a\u9879\u5b8f\u89c2\u56e0\u7d20\u5c06\u652f\u6491\u5e02\u573a\u56de\u6696\u3002\u9996\u5148\u662f\u7f8e\u56fd\u300a\u900f\u660e\u6cd5\u6848\u300b\uff08ClarityAct\uff09\u7684\u63a8\u8fdb\u5c06\u4e3a\u7a33\u5b9a\u5e01\u63d0\u4f9b\u660e\u786e\u76d1\u7ba1\u6846\u67b6\uff1b\u5176\u6b21\uff0c\u7f8e\u8054\u50a8\uff08Fed\uff09\u9886\u5bfc\u5c42\u7684\u66f4\u6362\u53ef\u80fd\u5e26\u6765\u66f4\u5177\u97e7\u6027\u7684\u8d27\u5e01\u653f\u7b56\uff1b\u6700\u540e\uff0c\u5927\u578b\u5238\u5546\u9010\u6b65\u5f00\u653e\u73b0\u8d27ETF\u4ea4\u6613\u6743\u9650\uff0c\u5c06\u4e3a\u5e02\u573a\u6ce8\u5165\u4e07\u4ebf\u7ea7\u522b\u7684\u4f20\u7edf\u91d1\u878d\u8d44\u91d1\u3002<\/p><p class=\"wp-block-paragraph\">\u867d\u7136\u5b8f\u89c2\u7ecf\u6d4e\u5b66\u5bb6LukeGromen\u8b66\u544a\u8d38\u6613\u6218\u53ef\u80fd\u5bfc\u81f4\u6bd4\u7279\u5e01\u77ed\u671f\u4e0b\u63a260,000\u7f8e\u5143\uff0c\u4f46Bitwise\u4e0eVanEck\u7b49\u673a\u6784\u666e\u904d\u8ba4\u4e3a\uff0c\u5236\u5ea6\u5316\u63a1\u7eb3\uff08InstitutionalAdoption\uff09\u5df2\u4e0d\u53ef\u9006\u8f6c\u3002\u76ee\u524d\u6570\u5b57\u8d44\u4ea7\u8d22\u653f\u50a8\u5907\u89c4\u6a21\u5df2\u8fbe1,340\u4ebf\u7f8e\u5143\uff0c\u5e74\u589e\u957f\u7387\u9ad8\u8fbe137%\u3002<\/p><h2 class=\"wp-block-heading\">\u4e13\u4e1a\u6d1e\u5bdf\uff1a\u5982\u4f55\u5728\u7b51\u5e95\u671f\u8fdb\u884c\u7b56\u7565\u4f48\u5c40\uff1f<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\u5f53\u524d\u7684\u5e02\u573a\u73af\u5883\u6b63\u5904\u4e8e\u300c\u53bb\u69d3\u6746\u300d\u540e\u7684\u771f\u7a7a\u671f\u3002\u5bf9\u4e8e\u8ffd\u6c42\u8d85\u989d\u56de\u62a5\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u914d\u7f6e\u903b\u8f91\u5e94\u5206\u4e3a\u4e24\u90e8\u5206\uff1a\u4e00\u65b9\u9762\u662f\u4f48\u5c40\u57fa\u672c\u9762\u5f3a\u52b2\u7684\u4e3b\u6d41\u57fa\u7840\u8bbe\u65bd\uff1b\u53e6\u4e00\u65b9\u9762\u5219\u662f\u5173\u6ce8\u5982Bitcoin Hyper\uff08$HYPER\uff09\u8fd9\u7c7b\u5177\u5907\u5f3a\u5927\u878d\u8d44\u80fd\u529b\u4e0e\u5de8\u9cb8\u80cc\u4e66\u7684\u9884\u552e\u9879\u76ee\u3002<\/p><p class=\"wp-block-paragraph\">\u5728$0.013615\u7684\u4ef7\u4f4d\u8fdb\u5165\uff0c\u5bf9\u4e8e$HYPER\u8fd9\u7c7b\u5df2\u7b79\u96c63,080\u4e07\u7f8e\u5143\u4e14\u6709\u5b9e\u8d28\u5de8\u9cb8\u4e70\u5165\u8bb0\u5f55\u7684\u9879\u76ee\u6765\u8bf4\uff0c\u5177\u5907\u6781\u9ad8\u7684\u98ce\u9669\u56de\u62a5\u6bd4\u3002\u968f\u77402026\u5e74\u76d1\u7ba1\u6e05\u6670\u5316\u4e0e\u7a33\u5b9a\u5e01\u8d85\u7ea7\u9031\u671f\u7684\u5230\u6765\uff0c\u8fd9\u7c7b\u65b0\u5174\u8d44\u4ea7\u6709\u671b\u968f\u7740\u6bd4\u7279\u5e01\u751f\u6001\u7684\u7206\u53d1\u800c\u5b9e\u73b0\u4ef7\u503c\u8dc3\u8fc1\u3002<\/p><a href=\"https:\/\/cryptonews.com\/cn\/ext\/btchyper-cn\/\" target=\"_blank\" class=\"cta-content-button\" rel=\"sponsored nofollow\">\u4e86\u89e3\u66f4\u591aBitcoin Hyper\u9884\u552e<\/a>","protected":false},"excerpt":{"rendered":"<p>\u65b0\u7684\u4e00\u5e74\uff0c\u5168\u7403\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u6b63\u5904\u4e8e\u4e00\u4e2a\u5173\u952e\u7684\u8f6c\u6298\u70b9\u3002\u5118\u7ba1\u6bd4\u7279\u5e01\uff08BTC\uff09\u4e0e\u4ee5\u592a\u574a\uff08ETH\uff09\u5728\u8fc7\u53bb\u4e00\u5b63\u5ea6\u7684\u4ef7\u683c\u8868\u73b0 [&hellip;]<\/p>\n","protected":false},"author":503,"featured_media":211045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,8],"tags":[3009,68,744,459],"editors":[2724],"sponsored_companies":[],"class_list":["post-211043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-altcoin-news","tag-3009","tag-jia-mi-huo-bi","tag-wen-ding-bi","tag-mi-yin-bi","editors-kelvin-lee"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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