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自2月27日衝突爆發以來,比特幣上漲13%,表現優於黃金和科技股(IGV)。與IGV的相關性終於開始破裂。
然而永續合約資金費率仍然為負,根據30天平均年化資金費率計算,這是自2022年熊市底部以來最長的負費率期間。
解耦敘事回歸,且並非由槓桿驅動。永續合約資金費率保持負值,表明槓桿多頭並未推動這波上漲。
現貨需求正在推動這次反彈。