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ETH $2,359.28 -1.56%
BNB $729.91 -2.24%
XRP $1.28 -2.42%
SOL $100.94 -3.24%
TRX $0.3298 -0.00%
DOGE $0.0772 -3.22%
ADA $0.2068 -4.41%
BCH $277.12 -2.40%
LINK $11.56 -3.48%
HYPE $75.58 -2.82%
AAVE $138.05 -5.91%
SUI $0.9404 -5.22%
XLM $0.1697 -3.74%
ZEC $1,150.90 -6.75%
AAPL $346.90 -0.41%
AMZN $248.00 +0.01%
GOOGL $320.08 -1.14%
MSFT $522.95 +0.15%
META $640.52 -0.52%
NVDA $211.12 -0.61%
TSLA $369.87 -0.31%
SNDK $1,216.07 -4.91%
INTC $85.63 -0.66%
SPCX $145.82 -1.39%
MU $872.15 -0.76%
AMD $512.70 -0.45%
BTC $80,529.83 -1.21%
ETH $2,359.28 -1.56%
BNB $729.91 -2.24%
XRP $1.28 -2.42%
SOL $100.94 -3.24%
TRX $0.3298 -0.00%
DOGE $0.0772 -3.22%
ADA $0.2068 -4.41%
BCH $277.12 -2.40%
LINK $11.56 -3.48%
HYPE $75.58 -2.82%
AAVE $138.05 -5.91%
SUI $0.9404 -5.22%
XLM $0.1697 -3.74%
ZEC $1,150.90 -6.75%
AAPL $346.90 -0.41%
AMZN $248.00 +0.01%
GOOGL $320.08 -1.14%
MSFT $522.95 +0.15%
META $640.52 -0.52%
NVDA $211.12 -0.61%
TSLA $369.87 -0.31%
SNDK $1,216.07 -4.91%
INTC $85.63 -0.66%
SPCX $145.82 -1.39%
MU $872.15 -0.76%
AMD $512.70 -0.45%

分析:比特幣近期上漲由現貨需求驅動,潛在軋空風險上升

2026-01-16 19:51:54

ChainCatcher 消息,鏈上數據和衍生品數據表明,比特幣價格上漲主要由現貨需求驅動,同時轧空風險增加。比特幣年初至今已上漲約 10%,價格維持在 97,000 美元下方,此次上漲主要由現貨購買驅動,而非通過期貨建立的槓桿頭寸。

由現貨驅動的上漲通常比槓桿驅動的上漲更為健康,近期從 90,000 美元至 97,000 美元的價格變動,在過去一周已從槓桿主導的上漲轉變為由現貨購買支持的上漲。此外,根據市場消息顯示以比特幣計價的期貨未平倉合約為 67.8 萬枚 BTC,與 67.9 萬枚 BTC 相當,表明系統中的整體槓桿基本保持不變,永續期貨資金費率目前為負值。

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