分析：以太坊涨势源于空头回补而非看涨情绪

ChainCatcher
ChainCatcher
ETH+3.64%

ChainCatcher 消息，据 CoinDesk 报道， CF Benchmarks CEO Sui Chung 分析指出，以太坊近期的价格反弹主要由空头回补驱动，而非市场新增看涨押注。尽管 ETH 价格自 4 月初以来上涨近 90%突破 2,600 美元，但 CME 以太坊期货的一个月年化溢价仍维持在 6%至 10%的低位区间，未能随价格上涨而提升。

Chung 强调："在更常规的市场环境下，如果交易者以杠杆方式建立新多头头寸，我们预期会看到期货基差水平上升。这提醒我们，并非所有涨势都由新需求推动，有时它们反映的是市场重新定位和风险调整。"

美国上市的现货以太坊 ETF 资金流入乏力进一步佐证了这一观点，过去四周中仅有十个交易日出现净流入，且仅一次超过 1 亿美元。这些市场指标共同表明，当前以太坊价格上涨缺乏新增需求和机构投资者的强劲支持。

Visit source
4.29K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.