温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/zh/58710.html
点击访问原文链接

Matrixport Market Observation: From the plunge to the reflux, are the bottom signals of the crypto market converging? | Bee Network

进入原网站 导航首页
Matrixport Market Observation: From the plunge to the reflux, are the bottom signals of the crypto market converging? | Bee Network Login 熱門新聞 Meme Launchpad AI 代理商 DeSci 熱門鏈瀏覽器 新人必讀 衝百倍幣 蜜蜂遊戲 必備網站 必備APP 必關大神 DePIN 新人必備 教我避坑 基本工具 深度網站 交易所 NFT 工具 你好， 登出 Web3宇宙 遊戲 DApp 蜂巢 增長平台 生態 搜尋 英語 Coins儲值 登入 下載 Web3大學 遊戲 DApp 蜂巢 生態 家•分析•Matrixport Market Observation: From the plunge to the reflux, are the bottom signals of the crypto market converging? Matrixport Market Observation: From the plunge to the reflux, are the bottom signals of the crypto market converging?分析4 個月前更新懷亞特 15,600 As of October 20th, BTC hovered around $108,500, down approximately 5% from a week earlier; ETH fell back to $3,980, still significantly below its early-month high. 市場 sentiment quickly shifted from optimism to caution, and sudden regulatory events also played a significant role in this round of volatility. (Data source: Coingecko)

Bottom signal resonance: on-chain capital inflow and institutional counter-trend increase in holdings On-chain data is sending positive signals. Initially, a large amount of BTC flowed into exchanges for sell-off, but as prices bottomed out, the trend reversed—recently, Bitcoin has seen net outflows again, indicating a decrease in selling pressure and a re-locking of long positions. Stablecoin supply remains stable, and USDT’s market capitalization hasn’t plummeted. Instead, funds are entering the market through stablecoins to buy at the bottom, demonstrating that market liquidity remains ample. Notably, “whale addresses” are buying at low prices. Wallets holding over 100 BTC added approximately 16,000 BTC in a few days, indicating long-term capital positioning at the bottom. ETH staking is also robust, with no panic unstaking and, instead, new deposits flowing in, demonstrating continued long-term confidence. The market is gradually transitioning from extreme panic to a more rational phase, with supply and demand structures tending to recover.

Amidst retail investor panic, some institutions bucked the trend and increased their holdings. Crypto investment firm BitMine increased its holdings by approximately 379,000 ETH (approximately $1.5 billion) in batches within days of the crash, aiming to raise its holdings to 5% of the total ETH supply. Co-founder Tom Lee stated, “This round of deleveraging has actually created a long-term investment opportunity.” Similar strategies have also emerged in the Bitcoin (BTC) space. Historically, whenever institutional funds enter the market against a backdrop of significant market sell-offs, it often signals the formation of a bottom. Rational institutional buying and ample funding are crucial drivers of market confidence.

Options market: Panic hedging is high, and volatility may reach a turning point The options market experienced significant volatility during the market crash. Implied volatility (IV) for short-term contracts soared to 50%, demand for deep put options surged, and the skew shifted significantly to the bearish side. A large number of market makers were forced to hedge their short gamma, exacerbating spot selling pressure. However, with the expiration and settlement of approximately $4.8 billion in options contracts, this selling pressure has gradually eased. Interestingly, some funds began selling volatility and put options during periods of high IV, betting that the market would not fall further. Historically, concentrated risk-averse positioning and high IV often signal extreme panic—a sign that a reversal is brewing.

Macroeconomic trends are warming: the Fed turns dovish, the dollar falls, and risk appetite picks up At the macro level, the Federal Reserve’s recent rhetoric has shifted toward caution, with the market generally expecting a pause in interest rate hikes this year, with the possibility of a cycle of rate cuts beginning in 2025. The US dollar index has retreated from its highs, and gold has also retreated after reaching a record high, indicating a easing of risk aversion. Meanwhile, US stocks have rebounded, and the bond market has stabilized, indicating a rebound in overall market risk appetite. For the 加密貨幣 market, this represents a triple boon: improved liquidity expectations, peaking interest rates, and a weakening US dollar. Historically, Bitcoin has often been the first to benefit from a rebound in macro liquidity.

Altcoin differentiation: RWA and platform token sectors show resilience The altcoin sector showed significant divergence. High-beta tokens generally experienced significant declines, while projects with proven return models or application scenarios were relatively resilient. The RWA (Real World Assets on-chain) sector performed exceptionally well, with tokens such as Centrifuge (CFG) and Tharwa (TRWA) bucking the market trend and surging amidst volatility. 交換 tokens (BNB and OKB) saw much smaller declines than the market average, bolstered by solid fundamentals and buyback mechanisms. Market capital is flowing from speculative altcoins to assets backed by real value, signaling a structural revaluation. This also suggests that the next round of capital rotation may initially focus on leading projects and the RWA theme.

Strategic Recommendation: Make good use of structured products in volatile markets During the bottoming phase of volatility, investors can use structured products to implement both offensive and defensive strategies:

Accumulator (accumulated buying): suitable for bulls to build positions in batches during a downtrend; Dual-Currency: Suitable for earning high returns in volatile markets; SharkFin: Suitable for investors who want to preserve their principal while participating in volatile returns; Snowball: Suitable for medium- to long-term investors who are good at judging price ranges and pursuing stable returns. Through the combination of derivatives, investors can strike a balance between risk and return and seize structural opportunities in volatile markets.

After this drastic sell-off, market weaknesses have been exposed, but bottoming signals are also emerging. On-chain flows, institutional buying, a warming macro environment, and options signals all point to a common conclusion: the panic phase may be over, and a bottoming process is underway. Short-term volatility will continue, but the entry of long-term funds and an improving macroeconomic environment are building momentum for the next rebound.

The above content is from Daniel Yu, Head of Asset Management. This article only reflects the author’s personal views.

Disclaimer: Markets are risky, so invest with caution. This article does not constitute investment advice. Digital asset trading can be extremely risky and volatile. Investment decisions should be made after carefully considering your individual circumstances and consulting a financial professional. Matrixport is not responsible for any investment decisions based on the information provided.

本文源自網路： Matrixport Market Observation: From the plunge to the reflux, are the bottom signals of the crypto market converging?Recommended Articles

Related: What did CZ say during the live broadcast 3 hours before the “1011 Great Purge”? Compiled by Odaily Planet Daily ( @OdailyChina ); Translated by Ethan ( @ethanzhang_web 3) Editor’s Note: Three hours before the crypto market experienced its historic crash in the early morning of October 11, CZ (Changpeng Zhao) appeared on CounterParty TV, a podcast hosted by crypto community anchor Threadguy. At that moment, the market was only a hair away from a bloodbath. BTC still held above $120,000, and sentiment was still basking in the afterglow of its new high . Just hours later, 1.6 million accounts were liquidated, with a record-breaking $19.3 billion in liquidations. Altcoins plummeted across the board, with charts depicting declines of 80% and 90%. (See: “October 11th: The Crypto Market Plunge, $20 Billion in Vast Value” for details .) “1011,” following “312” and “519,” has become another…

#分析#比特幣# 加密#交換#市場#代幣© 版權聲明文章版权归作者所有，未经允许请勿转载。 上一篇 Weekly Funding Update | 14 Projects Received Funding, Total Funding Reaching $689 Million (October 13-19) 下一篇 RWA Weekly Report | Commodity Assets Increased $500 Million Weekly, a 19.23% Increase; Ripple Acquired GTreasury for $1 Billion (October 15-21) 相關文章 Cryptocurrency Weekly Report | Bitmine increased its holdings by over 112,000 ETH last week, at an average price of approximately $3,923; Crypto mining company IREN signed a $9.7 billion deal with Microsoft to provide cloud computing services in Texas (November 4th) 6086cf14eb90bc67ca4fc62b 16,244 新的ERC-5564: Ethereum’s Stealth Era Has Arrived, Receiving Addresses No Longer ‘Exposed’ 6086cf14eb90bc67ca4fc62b 547 專訪 Suji：接管熱鍋鏡頭，面膜為誰的理想買單？ 6086cf14eb90bc67ca4fc62b 8,044 MyStonks platform enables on-chain dividend distribution of PG US stock tokens, allowing investors to enjoy blue chip di 6086cf14eb90bc67ca4fc62b 25,903 6 熱的Tiger Research: US$33.3 billion sell-off and relocation of local projects amid South Koreas political turmoil 6086cf14eb90bc67ca4fc62b 35,085 5 Robinhood acquires Bitstamp for $200 million, counting the top five crypto acquisitions this year 6086cf14eb90bc67ca4fc62b 28,061 2 暫無評論 您必須先登入才能發表評論！ 立即登入 暫無評論... 最新的文章 Did Jane Street “Manipulate” BTC? Decoding the AP System, Understanding the Power Struggle Behind ETF Creation and Redemption Pricing 21 小時前 659 Stop Comparing Bitcoin to Gold—It’s Now a High-Volatility Software Stock 21 小時前 708 Matrixport Research: $25 Billion Gamma Unwinding Imminent, Liquidity Yet to Return Behind the Rebound 21 小時前 652 ERC-5564: Ethereum’s Stealth Era Has Arrived, Receiving Addresses No Longer ‘Exposed’ 21 小時前 541 Hong Kong Regulatory Green Light: Asseto Enables DL Holdings to Achieve Compliance for Two RWA Business Implementations 21 小時前 626 熱門網站TempoLighterGAIB滑翔機普朗克雷爾斯BCPokerVooi Bee.com 全球最大的 Web3 入口網站 合作夥伴 CoinCarp Binance CoinMarketCap CoinGecko 幣活 盔甲 下載Bee Network APP開啟您的Web3之旅 白皮書 角色 常問問題 © 2021-2026.版權所有。. 隱私政策 | 服務條款 下載蜜蜂網路APP 並開始 web3 之旅 全球最大的Web3入口網站 合作夥伴 CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors 白皮書 角色 常問問題 © 2021-2026.版權所有。. 隱私政策 | 服務條款 搜尋 搜尋站內鏈上社群媒體新聞 熱門推薦： 擼毛打金 數據分析 必關大神 教我避坑 繁體中文 English 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский 繁體中文

智能索引记录