BlockBeats 消息,1 月 9 日,比特币在经历年末深度去杠杆与期权集中到期后,以更「干净」的结构迈入 2026 年。链上数据显示,获利抛压显著缓解,ETF 资金重新转为净流入,期货未平仓合约止跌回升,机构参与度逐步修复。
期权市场成为关键风向标:一季度到期合约中,交易者在 9.5 万–10 万美元区间集中买入看涨期权,做市商在该区间转为净空头,其对冲行为可能在上涨时形成助推。隐含波动率处于低位回升阶段,偏斜度持续向看涨修复。
BiyaPay 分析师认为,当前更像是「结构改善而非情绪狂热」的早期阶段,若价格能站稳短期持有者成本区间,上行弹性有望释放。BiyaPay 支持使用 USDT 交易美股、港股及期货、现货合约,也支持黄金等资产交易,方便用户在波动修复阶段灵活布局多资产机会。
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