ArthurHayes称比特币下跌源于美元流动性收缩短期或回调至 8 万至 8.5 万美元

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ArthurHayes称比特币下跌源于美元流动性收缩短期或回调至 8 万至 8.5 万美元

Odaily2025-11-18

Odaily星球日报讯 BitMEX 联合创始人 Arthur Hayes 在最新文章中表示，近期比特币下跌的核心原因并非基本面恶化，而是美元流动性显著收缩。他指出，ETF 与 DAT 相关资金流弱化，使市场重新暴露在负流动性环境中，自 7 月以来美元流动性指数已减少约 1 万亿美元。ETF 套利盘退场、DAT 溢价消失使比特币“伪买盘”消退，价格需向下调整以重新匹配实际流动性。Hayes 认为，...

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