跌跌不休!比特币进入“关键36小时”

jin10Pubblicato 2024-06-11Pubblicato ultima volta 2024-06-11

在美联储利率决定和美国关键通胀数据公布之前,全球市场如坐针毡,其中比特币投资者特别有理由警惕潜在的波动

目前,比特币与美国10年期国债收益率之间的30天相关性为-53,为外媒自2010年以来编制的数据中最低值之一。这一指标表明,目前最大的数字资产正以不同寻常的程度与“全球资产定价之锚”相背而行。

本周,美债可能受到通胀数据和美联储政策展望的冲击,这两件大事都将在36个小时内发生,比特币有可能会被“抛来抛去”。

比特币周二大跌3%,至一周低点,在67500美元附近徘徊。

由于大笔资金流入现货比特币ETF,比特币价格在3月中旬达到创纪录的73798美元,但在过去3个月里,比特币难以再创新高。对于IG Australia Pty的市场分析师Tony Sycamore来说,比特币最近试图突破历史峰值的失败敲响了“警钟”。Sycamore表示:

“最近几周比特币缺乏上行进展令人担忧,因为最近大量资金流入ETF,但未能扭转局面。接下来的36个小时至关重要。”

自1月份推出以来,现货比特币ETF已净流入156亿美元。据外媒收集的数据显示,周一,这些产品流出了6500万美元,结束了连续19天的净流入。

市场预计,定于周三公布的通胀数据将显示,价格压力仍远远超出美联储的舒适区。年初时,投资者押注美联储将大举降息,但现在他们争论的焦点是,美联储未来是否只会小幅放松货币政策

对于比特币这样的投机性资产来说,借贷成本“更高更久”可能是一个颇有挑战性的前景。自2023年初以来,比特币从深度熊市中反弹,已经上涨了四倍多。

Fairlead Strategies LLC技术分析师Katie Stockton在一份研究报告中指出,基于技术面,比特币的短期势头为“中性”,同时补充称,长期前景更为积极。

衍生品平台Paradigm的联合创始人Anand Gomes说,加密市场“就像一个瘾君子,总是需要利好消息才能坚持下去,所以当没有消息时,阻力最小的路径就是走低。”

Letture associate

Bitcoin Trading Strategy Breakdown: Celebrity Predictions and Classic Models All Fail, Only These Four Indicators Remain

Analysis of Bitcoin Trading Strategies: Why Celebrity Forecasts and Classic Models Fail, Leaving Only These Four Reliable Indicators This analysis examines the failure of common Bitcoin prediction methods and identifies four reliable indicators for constructing a trading strategy. The author reviewed all major BTC prediction approaches from 2017-2025, categorizing them into three groups: celebrity price targets (consistently over-optimistic), analytical models like Stock-to-Flow (broken post-2022), and on-chain signals. The key finding is that more data often creates confusion, not clarity. The strategy discards unreliable elements: celebrity predictions (incentivized to be extreme), pure models (invalidated by post-ETF market changes), and the Fear & Greed Index used alone (too many false signals). Four reliable indicators were selected: 1. **MVRV Z-Score:** Accurately identifies cycle bottoms when entering its green zone (e.g., 2018, 2020, 2022). Note: Its ability to call tops is now ineffective post-2024. 2. **SOPR (28-day MA):** Consistently signals bottoms when below 1.0, indicating holders are selling at a loss. 3. **ETF Net Flow:** A crucial post-2024 metric showing institutional momentum (e.g., sustained inflows = buying). 4. **Macro Liquidity (Fed policy & M2):** Sets the overall directional bias (e.g., bullish during easing cycles). The core strategy involves waiting for a multi-signal共振 (resonance). For example, a bottom signal requires MVRV in the green zone + SOPR < 1.0. A top signal requires overheated on-chain data + sustained ETF outflows. Macro policy sets the overall direction. The Fear & Greed Index is only used as a weighted confirmatory signal, never alone. Action is only taken when three or more indicators align. The author automated this into a monitoring system that sends Telegram alerts only when signals trigger. As of the article's date (April 15, 2026), the system showed a strong bottom signal: extreme fear (F&G=12), MVRV in the buy zone, and SOPR < 1.0. The only contrary signal was weak ETF flows. Historically, such triple on-chain共振 has preceded 100%+ returns. The conclusion emphasizes building a personal framework over relying on external predictions, allowing for iterative improvement and customization based on individual risk tolerance.

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Bitcoin Trading Strategy Breakdown: Celebrity Predictions and Classic Models All Fail, Only These Four Indicators Remain

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