<p>有影响力的加密货币分析师在周四分享了他们的看法，为什么股票市场创下新高，而 <strong>比特币</strong> (CRYPTO: BTC) 和更广泛的加密货币市场仍然滞后。</p>
<h2>人工智能交易因素</h2>
<p>广受关注的 X 用户 <strong>The ₿itcoin Therapist</strong> 分享了一张图片，展示了 <strong>标准普尔 500 指数</strong> 创下 新高，目前为 7,501，而比特币仍比 10 月份的高点低 36%。</p>
<p><strong>Willy Woo</strong>，一位积极的比特币倡导者和评论员，将市场的分歧归因于资本向人工智能的重新配置。</p>
<p>“股票指数只涨不跌，反映了资金流入大型人工智能领域。看看 SaaS；它们也经历了一次下跌。资本正在重新配置到下一个大趋势上，” Woo 说。</p>
<p>他们可能是对的。</p>
<blockquote>
<p>股票指数只涨不跌，反映了资金流入大型人工智能领域。看看 SaaS，它们也经历了一次下跌。资本正在重新配置到下一个大趋势上。</p>
<p>— Willy Woo (@willywoo) 2026 年 5 月 14 日</p>
</blockquote>
<p>这波上涨高度集中，人工智能相关股票和 “七大巨头”主导了指数表现，并占据了标准普尔 500 指数总市值的巨大份额。</p>
<p>投资者将 专注于人工智能的公司 视为最明确的长期增长机会，这种信念足够强大，以至于能够抵消典型的股票市场阻力。</p>
<p><strong>另请阅读：</strong>
<strong>比特币、以太坊、XRP、狗狗币在加密法案通过关键参议院投票后跳涨：分析师称 BTC“有望” 反弹至 86,000 美元</strong></p>
<h2>降息希望减弱对比特币的影响？</h2>
<p>加密货币分析师 <strong>Benjamin Cowen</strong> 有不同的解释。他们将比特币的滞后归因于其在 “风险曲线” 上的较高位置以及对宽松货币政策的更强依赖。</p>
<p>“通货膨胀上升使得未来几年的降息预期被排除，这对 BTC 的影响更为直接，” Cowen 说。</p>
<p>确实，根据 CME FedWatch 工具，降息的概率在 2027 年 12 月之前都不会超过 50%。</p>
<h2>相关性论点</h2>
<p>知名加密货币播客主持人 <strong>Scott Melker</strong> 表示，BTC 和股票一直是非相关资产。</p>
<p>虽然这两种资产在 2 月和 3 月显著分歧，但 TradingView 显示它们在 4 月的相关性达到了 0.90，目前为 0.78。</p>
<p><img src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/15045330/image-408-1024x519.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/15045330/image-408-1024x519.png"/></p>
<p>来源：TradingView</p>
<p><strong>价格动态</strong>：截至撰写时，BTC 的交易价格为 80,611.43 美元，在过去 24 小时内上涨了 1.04%，根据 Benzinga Pro 的数据。</p>
<p>标准普尔 500 指数在周四上涨 0.77%，收于 7,501.24，而以科技股为主的 <strong>纳斯达克综合指数</strong> 上涨 0.88，收于 26,635.22，均创下新收盘纪录。</p>
<p><strong>另请阅读：</strong>
<strong>RBC Bearings、应用材料和 3 只股票在周五前值得关注</strong></p>
<p><em>图片来源：Shutterstock</em></p>

ARBKF

BITI

云计算股指数 ETF - First Trust

<p>分析师们讨论了股市创纪录高点之间的差异，标准普尔 500 指数达到 7501 点，而比特币等挣扎中的加密货币则比 10 月份的峰值低了 36%。Willy Woo 将这种差异归因于资本向人工智能的转移，表明市场趋势偏向新兴技术</p>

<p>Influential cryptocurrency analysts shared their take on Thursday on why stocks are reaching new all-time highs while <strong>Bitcoin</strong> (CRYPTO: BTC) and the broader cryptocurrency market continue to lag.</p>
<div class="lb-trans"><p>有影响力的加密货币分析师在周四分享了他们的看法，为什么股票市场创下新高，而 <strong>比特币</strong> (CRYPTO: BTC) 和更广泛的加密货币市场仍然滞后。</p>
</div><h2>The AI-Trade Factor</h2>
<div class="lb-trans"><h2>人工智能交易因素</h2>
</div><p>Widely followed X user <strong>The ₿itcoin Therapist</strong> shared an image, contrasting the <strong>S&amp;P 500</strong> hitting new all-time highs, currently at 7,501, with Bitcoin, which is still down 36% from its October highs.</p>
<div class="lb-trans"><p>广受关注的 X 用户 <strong>The ₿itcoin Therapist</strong> 分享了一张图片，展示了 <strong>标准普尔 500 指数</strong> 创下 新高，目前为 7,501，而比特币仍比 10 月份的高点低 36%。</p>
</div><p><strong>Willy Woo</strong>, a vocal Bitcoin advocate and commentator, framed the market divergence as capital reallocating toward AI.</p>
<div class="lb-trans"><p><strong>Willy Woo</strong>，一位积极的比特币倡导者和评论员，将市场的分歧归因于资本向人工智能的重新配置。</p>
</div><p>“Stock indices up-only is tracking money entering big league AI. Take a look at SaaS; they also took a dive. Capital is reallocating into the next big thing,” Woo said.</p>
<div class="lb-trans"><p>“股票指数只涨不跌，反映了资金流入大型人工智能领域。看看 SaaS；它们也经历了一次下跌。资本正在重新配置到下一个大趋势上，” Woo 说。</p>
</div><p>They may well be right.</p>
<div class="lb-trans"><p>他们可能是对的。</p>
</div><blockquote>
<p>Stock indices up-only is tracking money entering big league AI. Take a look at SaaS, they also took a dive. Capital is reallocating into the next big thing.</p>
<p>— Willy Woo (@willywoo) May 14, 2026</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>股票指数只涨不跌，反映了资金流入大型人工智能领域。看看 SaaS，它们也经历了一次下跌。资本正在重新配置到下一个大趋势上。</p>
<p>— Willy Woo (@willywoo) 2026 年 5 月 14 日</p>
</blockquote>
</div><p>This surge is heavily concentrated, with AI-linked stocks and “Magnificent Seven” giants dominating index performance and accounting for a massive share of total S&amp;P 500 market capitalization</p>
<div class="lb-trans"><p>这波上涨高度集中，人工智能相关股票和 “七大巨头”主导了指数表现，并占据了标准普尔 500 指数总市值的巨大份额。</p>
</div><p>Investors view AI-focused companies as the clearest long-term growth opportunity, and that conviction has been strong enough to outweigh typical equity headwinds</p>
<div class="lb-trans"><p>投资者将 专注于人工智能的公司 视为最明确的长期增长机会，这种信念足够强大，以至于能够抵消典型的股票市场阻力。</p>
</div><p><strong>Read Also:</strong>
<strong>Bitcoin, Ethereum, XRP, Dogecoin Jump After Crypto Act Passes Key Senate Vote: Analyst Says BTC 'Positioned' For A Rebound Toward $86,000</strong></p>
<div class="lb-trans"><p><strong>另请阅读：</strong>
<strong>比特币、以太坊、XRP、狗狗币在加密法案通过关键参议院投票后跳涨：分析师称 BTC“有望” 反弹至 86,000 美元</strong></p>
</div><h2>Dimmed Rate Cut Hopes Impacting Bitcoin More?</h2>
<div class="lb-trans"><h2>降息希望减弱对比特币的影响？</h2>
</div><p>Cryptocurrency analyst <strong>Benjamin Cowen</strong> had a different explanation. They attributed Bitcoin’s lag to its higher position on the “risk curve” and stronger dependence on loose monetary policy.</p>
<div class="lb-trans"><p>加密货币分析师 <strong>Benjamin Cowen</strong> 有不同的解释。他们将比特币的滞后归因于其在 “风险曲线” 上的较高位置以及对宽松货币政策的更强依赖。</p>
</div><p>“Rising inflation has priced out rate cuts for the next couple of years, which more immediately affects BTC,” Cowen said.</p>
<div class="lb-trans"><p>“通货膨胀上升使得未来几年的降息预期被排除，这对 BTC 的影响更为直接，” Cowen 说。</p>
</div><p>Indeed, the probability of a rate cut doesn’t exceed 50% until December 2027, according to the CME FedWatch tool.</p>
<div class="lb-trans"><p>确实，根据 CME FedWatch 工具，降息的概率在 2027 年 12 月之前都不会超过 50%。</p>
</div><h2>The Correlation Argument</h2>
<div class="lb-trans"><h2>相关性论点</h2>
</div><p>Popular cryptocurrency podcaster <strong>Scott Melker</strong> stated that BTC and equities are and have always been uncorrelated assets.</p>
<div class="lb-trans"><p>知名加密货币播客主持人 <strong>Scott Melker</strong> 表示，BTC 和股票一直是非相关资产。</p>
</div><p>While the two assets diverged notably in February and March, TradingView indicates their correlation reached 0.90 in April and presently stands at 0.78.</p>
<div class="lb-trans"><p>虽然这两种资产在 2 月和 3 月显著分歧，但 TradingView 显示它们在 4 月的相关性达到了 0.90，目前为 0.78。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/15045330/image-408-1024x519.png" alt="" original-src="https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/15045330/image-408-1024x519.png"/></p>
<p>Source: TradingView</p>
<div class="lb-trans"><p>来源：TradingView</p>
</div><p><strong>Price Action</strong>: At the time of writing, BTC was exchanging hands at $80,611.43, up 1,04% in the last 24 hours, according to data from Benzinga Pro.</p>
<div class="lb-trans"><p><strong>价格动态</strong>：截至撰写时，BTC 的交易价格为 80,611.43 美元，在过去 24 小时内上涨了 1.04%，根据 Benzinga Pro 的数据。</p>
</div><p>The S&amp;P 500 spiked 0.77% to close at 7,501.24 on Thursday, while the tech-heavy <strong>Nasdaq Composite</strong> ended up 0.88 at 26,635.22, both notching new closing records.</p>
<div class="lb-trans"><p>标准普尔 500 指数在周四上涨 0.77%，收于 7,501.24，而以科技股为主的 <strong>纳斯达克综合指数</strong> 上涨 0.88，收于 26,635.22，均创下新收盘纪录。</p>
</div><p><strong>Read Also:</strong>
<strong>RBC Bearings, Applied Materials And 3 Stocks To Watch Heading Into Friday</strong></p>
<div class="lb-trans"><p><strong>另请阅读：</strong>
<strong>RBC Bearings、应用材料和 3 只股票在周五前值得关注</strong></p>
</div><p><em>Photo courtesy: Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源：Shutterstock</em></p>
</div>

Stock Market Hits New Highs While Bitcoin, Crypto Lag—Analysts Offer Different Explanations

- 分析师指出，股票创下历史新高，而比特币持续下滑，跌幅达 36%。  
- Willy Woo 认为资金正重新配置到人工智能领域，推动股市上涨。  
- 比特币分析师认为，其表现受制于宽松货币政策的变化与高风险定位。

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股市创下新高，而比特币和加密货币表现不佳——分析师对此提供了不同的解释