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Analyst: The "fuel" for Bitcoin's forced selling has been exhausted, and investors should watch for signals of capital inflows into Bitcoin ETFs.

2026.08.01 17:42:34

,Bitfinex 分析师发布报告表示,此前在 6 月底的比特币抛售中,衍生品交易者已基本被清洗出局。比特币在 7 月 1 日跌破 58,000 美元,此后日均清算金额一直远低于今年典型的 4 亿至 5 亿美元区间,表明尽管出现宏观冲击,但强制抛售压力很小,「加密市场跌幅小于杠杆股票主题,是因为强制抛售的『燃料』已经耗尽。」Bitfinex 分析师预计,投资者在下周美国就业报告(美联储会议后的下一个主要宏观催化剂)前将保持防御性。他们认为,与其担心新一轮强制清算,更关键的问题是现货比特币 ETF 资金流入能否在市场对美联储路径有更清晰判断后重新回归。分析师写道:「我们认为,在美联储加息风险仍存的情况下,仓位将保持防御性。机构买家是否积极或对价格不敏感,才是交易者尚未出现的信号。」

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