CoinDesk分析师:比特币「九月魔咒」或已打破,十月将迎黄金上涨期

marsbitPublished on 2025-09-11Last updated on 2025-09-12

coinDesk 分析师James Van Straten 于9 月12 日发表最新分析文章指出,比特币的月度表现模式显示,本月比特币的价格低点可能已在月初形成,市场普遍认为的「九月魔咒」,即比特币在九月通常表现疲软的季节性现象,有望被打破。

比特币月度低点模式:前十天成关键

James Van Straten 在文中详细分析了比特币的价格走势,指出自2024 年7 月以来,比特币的月度表现呈现出一个显著的规律:通常在每个月的前十天内形成该月的价格低点,尽管在今年的2 月、6 月和8 月出现偏离,这三个月的低点出现在月中稍晚,但即使如此,市场在前十天内仍经历了短暂的修正,随后恢复了更广泛的上涨趋势。

BTC图源:CoinDesk

James 进一步解释,比特币价格在月初触及低点的原因,可能与机构投资者的投资组合重新平衡有关,或与关键宏观经济事件集中在月初的时间安排相关。这些因素可能导致市场短期波动,从而形成低点。

最后他补充道,虽然历史表现并不代表未来结果,但第四季度历来是比特币的「黄金时期」,平均回报率高达85%。尤其是在10 月,自2013 年以来,仅有两个10 月收跌,显示该月对比特币价格的强劲支撑。

BTC比特币月度回报率。图源:Coinglass

但值得注意的是,CoinDesk 数据与代币副总编辑Oliver Knight 也指出,期货和期权市场将在月底或下月初到期,可能引发短期波动,但随后交易活动将趋于平静,交易者可能选择续约或重新调整投资部位,这也可能影响价格走势。

Glassnode 分析:比特币短期支撑与阻力位在哪?

与此同时,加密货币数据分析平台Glassnode 也在X 平台发文指出,比特币的成本基础分布显示,110,000 美元至114,000 美元区间存在密集的价格支撑,这是因为大量比特币在此价格区间内被投资者购入。若价格回落到这一区间,预计将获得强劲支撑,比特币下一个关键阻力位落在117,000 美元附近,这一价格区间为下一个主要的供应区:

比特币的成本基础分布显示,110,000 美元至114,000 美元之间存在密集支撑,大部分供应在此价格区间内被购入。下一个主要的供应区位于117,000 美元附近,若价格测试此水平,可能会形成阻力。

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