PANews 1月15日消息，据Cointelegraph报道，CryptoQuant数据显示，比特币衍生品市场的未平仓合约（IO）自去年10月以来已下降约30%。分析指出，这种“去杠杆化信号”有助于清除市场累积的过度杠杆。历史上，类似的大幅下降往往标志着市场重要底部，为潜在的看涨复苏奠定更坚实基础。但若比特币价格持续下跌并完全进入熊市，未平仓合约可能进一步收缩，意味着更深度的去杠杆和调整期的延长。
去年10月6日，比特币未平仓合约曾达到超过150亿美元的历史峰值。当前，在价格上涨伴随未平仓合约下降的情况下，通常意味着杠杆空头头寸正在被平仓或清算，这种“空头挤压”局面可能利好比特币，因价格上涨更多由现货买盘驱动而非过度杠杆。不过，衍生品提供商Greeks Live指出，衍生品市场尚未进入结构性的看涨阶段，当前的交易结构更像是对价格突然上涨的被动反应。
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Articoli correlati
Bitcoin Rises Nearly 3% in Past 24 Hours as Market Targets $80K
Bitcoin rose nearly 3% over the past 24 hours as the crypto market showed renewed strength. The asset is approaching the $80,000 level amid broader market optimism.
GateNews30m fa
Bitcoin Recovers to $78,000 as Senate Clears Stablecoin Legislation Hurdle on Saturday
Bitcoin recovered from a midweek dip to $75,500 to climb back above $78,000 by Saturday morning in Asia. The rally was supported by the U.S. Senate's approval of a stablecoin yield compromise that removed a key regulatory roadblock to crypto market structure legislation.
GateNews1h fa
Paradigm Proposes Bitcoin Quantum Key Control Timestamping
Venture fund Paradigm has proposed a new design that would allow Bitcoin holders to privately timestamp proof of control over vulnerable keys before quantum computers arrive, according to the proposal. The mechanism is intended to create a potential rescue path if Bitcoin ever sunsets old
CryptoFrontier2h fa
Bitcoin Spot ETFs See $630M Net Inflows Yesterday, BlackRock's IBIT Leads at $284M
According to ChainCatcher citing SoSoValue data, Bitcoin spot ETFs recorded net inflows of $630 million yesterday (May 1, Eastern Time). BlackRock's IBIT led with $284 million in daily net inflows, while Fidelity's FBTC followed with $213 million.
GateNews2h fa
Bitcoin's 20% April Rally Driven by Futures, Not Spot Demand; CryptoQuant Warns of Correction Risk
According to CryptoQuant, Bitcoin's 20% April rally—rising from around $66,000 to as high as $79,000—was driven primarily by perpetual futures demand while spot demand remained negative throughout the period. The onchain analytics firm said this divergence mirrors patterns historically associated
GateNews4h fa
DCG Founder Barry Silbert Says $2 Trillion Bitcoin Demand Exists; Privacy Coins Like Zcash to Benefit
According to ChainCatcher, Barry Silbert, founder of Grayscale parent Digital Currency Group, said on X that global markets have not recognized $2 trillion in demand for decentralized digital value storage tools like Bitcoin. As privacy needs become clearer, privacy coins such as Zcash will
GateNews4h fa
