【重磅解读】ETH合约杠杆率再次飙升,BTC未实现亏损达50%

火必研究院Publicado em 2022-06-17Última atualização em 2022-06-20

Resumo

BTC短线震荡,市值亏损面达50%。

1、 BTC缩量回调

随着BTC价格下跌速度减缓,成交量也出现了萎缩迹象。4小时K线图中,BTC交易量表现出明显的萎缩趋势,价格在2万美元以上震荡运行。这说明,BTC近期有双向震荡的特征持续。特别是在价格超跌以后,尽管下跌趋势没有结束迹象,但是低吸机会不容错过。目前来看,BTC已经达到了1年半来的价格低点,有成本优势的低吸买入机会出现。

2、BTC亏损市值显著增长

BTC 跌幅扩大以后,未实现的亏损市值明显放大。目前从亏损占比来看,NUL指标提示6月17日亏损面达到了50%。也就是说,BTC在2万美元附近运行以后,过去1年半中持币的投资者亏损面市值占比达到50%。因此,BTC也达到了更关键的变盘位置。

继续回落就会放大亏损面,从而促多头低价护盘,推动BTC筑底成功。

3、ETH短线支撑有效

ETH周内回撤到斐波那契78.6%对应的1106美元以下后开始反弹,目前来看,该分割线为重要的支撑线,未破该分割线以前都表面抗原低吸入市。周交易量方面,ETH一周内放量效果达到了1年来的最高水平。考虑到周K线还未收盘,接下来成交量会继续回升,意味着本周ETH的换手率也会达到1年来最高水平。这说明,ETH正在进入底部确认状态。低价位1106美元附近将维持震荡走势,从而进一步确认买盘规模较大,价格获得有效支撑。

4、 ETH链上交易量有限放大

ETH价格跌幅虽然较大,但是链上交易量放大迹象才刚刚开始。特别是对比2021年6月底的交易量,当前交易量回升意味着更多的筹码换手在此时发生。接下来,ETH底部确认的时间将与筹码的换手效率相关联。以当前链上交易量来计算,ETH底部确认过程或将以月来计算。支撑方面,技术底部1106美元可继续获得关注。低于1106美元的价格回撤,可认为是相对抄底的低吸买点。

5、ETH杠杆率飙升

ETH的持仓持仓量虽然与2021年中旬相似,但是杠杆率更高,目前整体杠杆水平在6月17日回升到了0.219,明显高于2021年7月的0.106。也就是说,当前ETH杠杆率在过去一年来翻了一倍,这也是ETH价格波动率预期较高的原因。即便在1100美元附近,依然要关注价异动机会。而ETH价格波动对还未入市交易的多头有利,这会增加低吸买入的机会。

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