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Matrixport:比特幣隱波與偏度顯示市場避險情緒升溫

2025-11-24 11:41:44
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ChainCatcher 消息,Matrixport 發布今日圖表稱,"過去一週,比特幣期權隱含波動率偏度進一步走弱。短期偏度由上週約 -3.5% 擴大至 -10.6%,短期限下行對沖需求明顯升溫;長端偏度則從約 -0.2% 降至 -1.9%,更長期尾部風險的定價也趨於悲觀。從期權定價來看,市場對下行風險的定價在過去一週有所抬升,既體現在短期期權,也體現在明年到期的合約上。當前隱含波動率已攀升至約 58%,對應更高的近端下行風險溢價,以及較一週前更為謹慎的中期走勢預期,表明市場未將本輪波動視為一次性衝擊。"

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