Bitcoin finally hit $100,000 again, but it was altcoins that were really driving the crypto markets forward on Thursday.

比特幣終於再次達到了100,000美元，但正是Altcoins確實在周四推動了加密貨幣市場的前進。

Some smaller cryptocurrencies clocked double-digit gains as bullish momentum built.

隨著看漲的動量建立，一些較小的加密貨幣將兩位數的增長計時。

Compared to their gains over the past 24 hours at the time of writing, Ethereum advanced 11%. The world’s second-smallest cryptocurrency also breached the $2,000 mark for the first time since March.

與他們在寫作時的過去24小時中的收益相比，以太坊提高了11％。自3月以來，世界上第二次最小的加密貨幣也首次違反了2,000美元。

This marked a rare instance of ETH outperforming BTC, with the world’s largest cryptocurrency seen rising by a more modest 2.7%. Both Dogecoin and Cardano were up more than 8%, while Sui rallied 13.8% and Bitcoin Cash traded 14.3% higher.

這標誌著ETH的罕見實例優於BTC，世界上最大的加密貨幣增加了2.7％。 Dogecoin和Cardano的增長超過8％，而Sui則上漲了13.8％，比特幣現金交易高14.3％。

Among the 100 biggest coins by market cap, the top performer was Pudgy Penguins—which was up 27% since this time yesterday.

在劃分市值的100個最大硬幣中，表現最好的企鵝是矮胖的企鵝 - 自昨天以來，這是27％。

Thursday’s gains sparked feverish speculation on X that "alt season" was coming, where altcoins outperform BTC.

週四的收益激發了X上的狂熱猜測，即“ Alt季節”即將到來，AltCoins的表現要優於BTC。

But such talk might be a little premature—especially considering that Bitcoin’s dominance, referring to its total share of the crypto market, remained stubbornly high at 64%.

但是這樣的談話可能還為時過早，尤其是考慮到比特幣在加密市場中的總份額的統治地位，頑固的高點為64％。

Earlier this year, CryptoQuant analyst Ki Young Ju had warned that "the era of everything pumping is over," and "most altcoins won't make it."

今年早些時候，加密分析師Ki Young Ju警告說，“一切都結束了”，“大多數Altcoins都不會做到”。

He argued altcoins that are currently the subject of ETF filings—think XRP, Solana, Cardano and Litecoin—were most likely to outperform in 2025, along with "sustainable attention drivers" and "revenue-generating projects."

他認為，目前是ETF文件的主題（想想XRP，Solana，Cardano和Litecoin），最有可能在2025年表現出色，以及“可持續的關注驅動力”和“創收項目”。

Earlier this year, CryptoQuant analyst Ki Young Ju had warned that "the era of everything pumping is over," and "most altcoins won't make it."

今年早些時候，加密分析師Ki Young Ju警告說，“一切都結束了”，“大多數Altcoins都不會做到”。

He argued altcoins that are currently the subject of ETF filings—think XRP, Solana, Cardano and Litecoin—were most likely to outperform in 2025, along with "sustainable attention drivers" and "revenue-generating projects."

他認為，目前是ETF文件的主題（想想XRP，Solana，Cardano和Litecoin），最有可能在2025年表現出色，以及“可持續的關注驅動力”和“創收項目”。

Recently, Santiment research revealed that mentions of "altcoins" and "altseason" are growing on social media, and that could amount to a "red flag."

最近，Santiment研究表明，在社交媒體上提到了“ Altcoins”和“ Altseason”，這可能等於“危險信號”。

"History has actually shown that the most opportune entries into any sort of altcoin cycle are when the crowd is showing complete disinterest in altcoins," Brian Quinlivan wrote.

布萊恩·昆利文（Brian Quinlivan）寫道：“歷史實際上表明，當人群對山寨幣完全不感興趣時​​，最適合的山寨幣週期中最適合的條目。”

He went on to warn that "the transition from rational investing to speculative frenzy can be both swift and punishing," meaning traders should proceed with caution.

他繼續警告說：“從理性投資到投機性瘋狂的過渡可能既迅速又受到懲罰”，這意味著交易者應謹慎行事。

With Donald Trump's White House causing the markets to whipsaw as uncertainty over tariffs continues, it's difficult to compare this current crypto rally to past cycles. There's a sea of green today, but no guarantees of the same tomorrow.

隨著唐納德·特朗普（Donald Trump）的白宮（Donald Trump）導致市場鞭打，因為對關稅的不確定性仍在繼續，因此很難將目前的加密集會與過去的周期進行比較。今天有一片綠色的海洋，但明天沒有保證。