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DOGE $0.0931 +0.78%
ADA $0.2448 +0.56%
BCH $318.68 +2.47%
LINK $14.05 +0.61%
HYPE $90.63 +3.17%
AAVE $182.29 +0.95%
SUI $1.17 +1.67%
XLM $0.2164 +1.11%
ZEC $1,329.24 +0.88%
AAPL $333.56 +0.01%
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GOOGL $344.07 +0.12%
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BTC $85,032.45 +0.51%
ETH $2,698.29 +0.65%
BNB $788.80 +3.04%
XRP $1.50 +0.91%
SOL $121.04 +1.62%
TRX $0.3351 -0.10%
DOGE $0.0931 +0.78%
ADA $0.2448 +0.56%
BCH $318.68 +2.47%
LINK $14.05 +0.61%
HYPE $90.63 +3.17%
AAVE $182.29 +0.95%
SUI $1.17 +1.67%
XLM $0.2164 +1.11%
ZEC $1,329.24 +0.88%
AAPL $333.56 +0.01%
AMZN $252.34 +0.10%
GOOGL $344.07 +0.12%
MSFT $518.20 +0.02%
META $729.62 +0.16%
NVDA $234.57 +0.08%
TSLA $371.28 +0.10%
SNDK $1,715.43 -0.01%
INTC $118.30 +0.11%
SPCX $159.07 +0.07%
MU $1,067.76 -0.06%
AMD $633.27 +0.04%

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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