【重磅解读】ETH抛压显著增长,BTC套牢持币者飙升

火必研究院Pubblicato 2022-06-13Pubblicato ultima volta 2022-06-14

Introduzione

BTC市值占比逆势回升,熊市下跌在加速。

1、 BTC单边下跌延续

BTC连续第七个交易日出现收盘价下跌以后,价格正在快速进入新的波动区间。短线回撤趋势明朗,BTC正在经历典型的单边下跌行情。

在BTC跌破斐波那契61.8%对应的28307美元以后,周线上价格已经处在1年内支撑价格以下。因此,下方价格区间正在打开,BTC处在斐波那契78.6%对应的17245美元上方,该期间内的最低支撑架在17245美元,是预期回调最大的价格区间。

交易量方面,BTC周交易量表现相对平淡,整体交易量水平低于2021年中旬以前的周线表现。缩量下跌意味着BTC的换手相对缓和,价格因此可能在较长时间内延续颓势。

2、BTC收益/亏损比大幅度下降

BTC价格目前运行在25000美元附近,同期未实现的收益与未实现的亏损比值NUPL指标在6月12日为0.118,该数值已经低于2020年以来的多数交易日。同时,相比2020年3月NUPL的最低水平-0.17还有较大差距。除此之外,2020年3月NUPL指标的平均值也在0以上的位置。因此从绝对数值上看,目前NUPL指标已经在低位运行。也就是说,在亏损投资者大量增长的背景下,未实现亏损的增长,意味着有更多亏损投资者坚持在套牢整体下持币,表明对市场的信心很强。同时,意味着这部分未实现的亏损有低价出逃风险,或将对BTC价格带来更高的抛压。

3、ETH在压力位下方横盘

周K线图显示,ETH价格处在关键的低价区波动区间内,斐波那契78.6%对应的1106美元为该区间的最低点位。成交量方面,短线ETH放量下跌以后,周线级别的成交量有较大的预期增长空间。实际上,ETH能否在单边下跌期间获得底部信号,关键是看多头承接抛售压力的买盘能量。目前,ETH周交易量距离历史最高值还有近100%的增长空间。因此,底部确认过程相对缓慢。

4、ETH主力交易热度快速升温

从ETH的平均每笔交易额来看,目前数值已经达到了峰值5.96美元的高位,意味着主力短线参与力度明显提升。而ETH价格走势上,经历了史无前例的持续放量下跌走势。目前来看,主力或已经在抛售阶段主动降低了持币数量。与5月12日相似,当前ETH每笔的资金换手率为近期高位,意味着ETH的短线下跌趋势已经在加速,市场强震预期延续。

5、BTC市值占比达47.2%

随着调整的延续,BTC市值占比再次回升,达到了6月13日的47.2%。同期ETH市值占比持续回撤,目前回落至15.4%。历史上,BTC在熊市阶段的市值占比可达55%,例如2018年12月7日,BTC市值占比达到了55.2%。从这个角度来看,整体市场熊市还有较长的路要走。

Letture associate

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