投资者的风险偏好正在上升！ 5月9日，加密货币集体拉升，比特币突破10万美元大关，24小时内涨幅一度接近5%；以太坊盘中更是大涨超28%，价格突破2450 美元。艾达币、Solana等其他市值相对较小的币种也纷纷跟涨。加密货币概念股也大幅上涨，嘉楠科技盘中一度涨超23%，MARA 一度涨超12%。 此前，美国总统特朗普宣布，美国与英国达成一项新的贸易协议，部分撤回特定领域的关税，进一步扩大双方产品的市场准入。 有分析称，上述协议传递出更广泛的信号，可能还有更多类似的贸易协议正在路上。而加密货币的集体上涨，反映出投资者对风 险资产的整体需求正在回升。与此同时，美股也持续从4月低点反弹，市场风险偏好明显增强。 加密货币集体大涨 截至晚上23时，加密货币的涨幅有所收窄，24小时内，比特币上涨3.67%，价格报10.3万美元，这也是比特币自2月以来首次突破10 万美元大关；以太坊涨超19%，价格报2300美元；狗狗币涨超12%，艾达币、Solana涨近8%。 | 名称 ▼ | 代码 - | 价格 (USD) ▼ | 成交量(24H) ▼ | 交易份额 ▼ | 涨跌(24H) ▼ | | --- | --- | --- ...

周四，比特币重回10万美元以上，为自今年2月以来首次突破这一心理关口。分析师表示，这反映出投资者对风 险资产的整体需求正在回升，与此同时，美股也持续从4月低点反弹，市场风险偏好明显增强。 加密货币交易所Kraken的全球经济学家Thomas Perfumo指出："比特币重新站上六位数大关，正值全球市场风险 情绪复苏之际。股票市场表现强劲，投资者对于配置风险资产的意愿正在增强，而这种复苏的'动物精神'也迅 速蔓延到了加密货币领域。" 今年1月20日，即美国总统特朗普宣誓就职当天，比特币创下历史新高，达到109,225美元。当时，市场普遍预 期新政府将为加密资产带来更宽松的监管环境。然而，随后由于特朗普政府推动的关税政策引发风险市场震 荡，比特币一度在4月初跌破8万美元。 本周四，在特朗普宣布其政府已与英国达成初步贸易协议后，美股与比特币双双上涨。Interactive Brokers高级 经济学家JoséTorres表示："投资者终于看到了'特朗普贸易隧道'尽头的光明，现在开始将注意力转向特朗普政策 组合中的增长预期。" 比特币周四上涨5%，最高触及101,515美元，下午交投于约101,094美元。与此同时， ...

花旗集团财富业务首席投资款Kate Moore：早在（美国总统特朗普挑起的）关税发生之前，（美国）经 济就已经减速。 人们仍然在（特朗普推出的）政策中寻找亮点。 当前，我们没有增配风险资产。（彭博电视） 企业无法瞬间适应（特朗普挑起的）政策变动。 ...

花旗集团财富业务部门首席投资官Kate Moore：目前我们没有增加风险资产。 ...

黄金行情走势分析： 上周五（5月2日），美国劳工统计局公布4月非农就业报告，金融市场反应不一。该数据虽短期提振市 场信心，但历史数据下修和外部不确定性让投资者警惕。短期风险资产或有上行空间，中长期下行风险 在积聚。黄金市场受非农数据利空影响，先探底回升，延续震荡。1小时均线呈死叉空头排列但有拐头 迹象，反弹后高位盘整，空头动能减弱。上周五黄金早盘开盘3237，冲高至3269后强势回落，最低至 3223，尾盘拉升，日线收于3241，形成上影线较长的星十字阳线，暗示短期走势不确定。王召金建议黄 金短线操作反弹做空为主、回调做多为辅。关注3270-3280阻力位、3220-3210支撑位，可在3265点位做 空，止损3280，目标3240-3220。 作者：王召金 近期现货白银疲弱，连续三日下行，过去五日四跌。上周四亚盘跌至逾两日低点31.95，虽在32关口有 韧性，但技术面看跌。4小时K线图显示，银价已初步跌破100周期SMA，震荡指标呈负面动能，强化短 期看跌预期。不过，需有效跌破32关口，才可布局更深跌幅。上周五，白银开盘32.243，冲高至32.696 后回落，最低至31.912，尾盘波动平缓，收于32.0 ...

Core Viewpoint - Gold prices are experiencing a decline from record highs due to improved market sentiment and a rebound in the US dollar, despite ongoing long-term bullish factors for gold [1][6][7] Market Sentiment Shift - The shift in market sentiment is closely linked to gold price fluctuations, with a previous increase of over 26% since early 2025 driven by trade tensions and geopolitical uncertainties [3] - President Trump's comments about not firing Federal Reserve Chairman Powell and progress on tariff issues have alleviated concerns about the Fed's independence and reduced risks of escalating trade tensions, leading to a preference for risk assets over safe havens like gold [2][3] Technical Adjustment Pressure - Following the record high of $3500, gold prices have seen a sharp reversal, indicating potential for further technical adjustments [4] - The strengthening of the US dollar is exerting additional pressure on gold prices, as a stronger dollar makes gold more expensive for investors holding other currencies [4] Performance of Other Precious Metals - Despite the decline in gold prices, other precious metals have shown relative stability, with silver rising by 3% to $33.48 per ounce, platinum increasing by approximately 1.1% to $969.1, and palladium holding steady at $935.59 [5] Market Outlook - Long-term drivers for gold prices remain intact, including trade tensions, geopolitical uncertainties, and complex global economic conditions that support safe-haven demand [6] - Short-term adjustments may continue due to improved market sentiment and the dollar's rebound, necessitating close monitoring of trade negotiations, Federal Reserve policy changes, and global economic data [7]

Core Viewpoint - Bitcoin has experienced a significant decline, dropping nearly 40% from its peak of around $110,000 on January 20 to a low of approximately $80,000 on February 28, marking its lowest level since November 2024 [1][5] Market Performance - Other cryptocurrencies have also seen declines, with Ethereum dropping over 7.6% [2] - Bitcoin's price on February 28 was $80,472, reflecting a 4.95% decrease in the last 24 hours, with a trading volume of approximately $137.1 billion, down 10.24% [3] - In the past week, Bitcoin's price has fallen over 10%, while Ethereum has dropped 15.87% and SOLUSD has decreased by 15.97% [5] Liquidation Events - Over 200,000 traders were liquidated in the past 24 hours, with total liquidation amounting to $803 million (approximately 5.85 billion RMB) [3] - The liquidation data continues to rise, indicating ongoing market volatility [3] Causes of Decline - A significant sell-off in U.S. Bitcoin funds, particularly the iShares Bitcoin Trust, which saw a record outflow of $418 million on February 26, has contributed to the market downturn [8] - The recent hacking incident involving Bybit, where over $1.5 billion worth of cryptocurrencies were stolen, has heightened market fears regarding the security of digital assets [8][9] - The lack of substantial regulatory support from the new Trump administration has led to decreased investor enthusiasm, contributing to the price drop [9][10] Market Sentiment and Future Outlook - Analysts are divided on whether Bitcoin will rebound or continue to decline, with market sentiment playing a crucial role [6] - Some analysts have issued bearish warnings, indicating that the reversal in futures pricing for Bitcoin and Ethereum suggests weakening demand [11] - The potential for Bitcoin to be included in U.S. strategic reserves remains uncertain, with experts suggesting that such a move is unlikely due to the inherent volatility and risks associated with Bitcoin [12] - Despite the current pressures, there is a possibility of a structural rebound in the medium to long term, contingent on market conditions and potential policy changes from the Trump administration [12]