{"id":79255,"date":"2022-05-21T04:12:00","date_gmt":"2022-05-21T04:12:00","guid":{"rendered":"https:\/\/cn.cryptonews.com\/?p=79255"},"modified":"2023-06-26T11:26:45","modified_gmt":"2023-06-26T11:26:45","slug":"jia-mi-huo-bi-he-gu-piao-tuo-gou-de-yu-ce-jin-guan-shang-wei-cheng-zhen-dan-xi-wang-reng-ran-cun-zai","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/cn\/news\/jia-mi-huo-bi-he-gu-piao-tuo-gou-de-yu-ce-jin-guan-shang-wei-cheng-zhen-dan-xi-wang-reng-ran-cun-zai\/","title":{"rendered":"\u52a0\u5bc6\u8d27\u5e01\u548c\u80a1\u7968\u201c\u8131\u94a9\u201d\u7684\u9884\u6d4b\u5c3d\u7ba1\u5c1a\u672a\u6210\u771f\uff0c\u4f46\u5e0c\u671b\u4ecd\u7136\u5b58\u5728"},"content":{"rendered":"
来源：Adobe\/jiradet_ponari<\/figcaption><\/figure>

一些知名的加密货币基金经理拥有的水晶球似乎并不像一些人想象的那么地灵验。<\/strong><\/p>

早在 2 月份，加密货币对冲基金 Pantera Capital 的两位联合首席投资主管 Joey Krug 和 Dan Morehead 就预测，<\/strong>未来几周加密货币市场将与传统市场“脱钩”<\/strong><\/a>。<\/strong><\/p>

“我们的观点是，它将在接下来的几周内脱钩，加密货币将再次独立交易。我个人认为 2,200 美元的 ETH 可能是到达底部价位了，”Joey Krug 当时说。<\/strong><\/p>

与此同时，即使面对迫在眉睫的加息，Dan Morehead 也看好数位资产的前景。<\/strong><\/p>

“我认为，当一切都说了也都做了，投资者将会面临一个抉择：那就是他们必须投资一些东西，而如果利率上升的话，区块链将是最具吸引力的选项，” Morehead 表示。<\/strong><\/p>

然而在 5 月中旬的现在看起来，Pantera 的高阶主管们这次似乎是错了。<\/strong><\/p>

截至 5 月 17 日，最大的加密资产比特币 (<\/strong>BTC<\/strong><\/a>) 较去年 11 月的历史高点下跌了 50% 以上。与此同时，BTC 与股市的相关性在上周一达到最高的程度，当时 BTC 下跌10%，而由许多大型科技公司组成的股票指数 – 纳斯达克综合指数 (the Nasdaq Composite Index) – 则下跌了 4%。<\/strong><\/p>

数位资产经纪商 Genesis Global Trading 的市场洞察主管 Noelle Acheson 在评论加密市场的现状时告诉 Cryptonews.com，随着时间的推移，机构的宏观投资者已经改变了加密市场发展的走势。<\/strong><\/p>

Acheson 表示，虽然过去 BTC 与股票之间的相关性一直是周期性的，“从正向摆动到负向波动，然后又回来”，但随着加密市场的制度化程度不断提高，这种情况在 2020 年初开始发生了变化。<\/strong><\/p>

据她说，相关性现在已经达到“明确的高水平”，在上周的动荡期间以 60 天为基础来计算的话，相关性已突破了 0.75。<\/strong><\/p>

相关性为 1 的话，意味着两个市场彼此同步发展，而 0 则意味着它们根本不相关。<\/strong><\/p>

“这是有道理的 — 如果宏观投资者将比特币视为一种风险资产，它将表现得像一种风险资产，特别是因为短期投资者倾向于控制价格的设定，”Acheson 表示。<\/strong><\/p><\/blockquote>

尽管如此，她也补充说，对于那些想要看到比特币和加密货币再次与传统资产产生更大幅度脱钩的人来说，仍有希望。她说，当短期投资者为了降低风险而离开市场时，对于不一定将比特币视为风险资产的长期投资者来说，将会再次获得更多的控制权来制定价格。<\/strong><\/p>

“当这种情况发生时，相关性就会获得纠正。鉴于市场参与者的组成不断的变化，他们的相关性不太可能会回到 2021 年初的程度。但他们的相关程度也不太可能保持低位，因为一旦宏观投资者看到加密货币再次开始比股票表现出色时，他们就会重返市场，”Genesis 的分析师表示。<\/strong><\/p>

无论哪种情况，脱钩的想法仍然存在。<\/strong><\/p>

<\/oembed><\/figure>","protected":false},"excerpt":{"rendered":"

来源：Adobe\/jiradet_ponari一些知名的加密货币基金经理拥有的水晶球似乎并不像一些人想象的那么地灵验。早在 2 月份，加密货币对冲基金 Pantera Capital 的两位联合首席投资主管 Joey Krug 和 Dan Morehead 就预测，未来几周加密货币市场将与传统市场“脱钩”。“我们的观点是，它将在接下来的几周内脱钩，加密货币将再次独立交易。我个人认为 2,200 美元的 ETH 可能是到达底部价位了，”Joey Krug 当时说。与此同时，即使面对迫在眉睫的加息，Dan Morehead 也看好数位资产的前景。“我认为，当一切都说了也都做了，投资者将会面临一个抉择：那就是他们必须投资一些东西，而如果利率上升的话，区块链将是最具吸引力的选项，” Morehead 表示。然而在 5 月中旬的现在看起来，Pantera 的高阶主管们这次似乎是错了。截至 5 月 17 日，最大的加密资产比特币 (BTC) 较去年 11 月的历史高点下跌了 50% 以上。与此同时，BTC 与股市的相关性在上周一达到最高的程度，当时 BTC 下跌10%，而由许多大型科技公司组成的股票指数 – 纳斯达克综合指数 (the Nasdaq Composite Index) – 则下跌了 4%。数位资产经纪商 Genesis Global Trading 的市场洞察主管 Noelle Acheson 在评论加密市场的现状时告诉 Cryptonews.com，随着时间的推移，机构的宏观投资者已经改变了加密市场发展的走势。Acheson […]<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,6],"tags":[],"editors":[],"sponsored_companies":[],"class_list":["post-79255","post","type-post","status-publish","format-standard","hentry","category-news","category-bitcoin-news"],"acf":[],"yoast_head":"\n\u52a0\u5bc6\u8d27\u5e01\u548c\u80a1\u7968\u201c\u8131\u94a9\u201d\u7684\u9884\u6d4b\u5c3d\u7ba1\u5c1a\u672a\u6210\u771f\uff0c\u4f46\u5e0c\u671b\u4ecd\u7136\u5b58\u5728<\/title>\n<meta name=\"description\" content=\"来源：Adobe\/jiradet_ponari一些知名的加密货币基金经理拥\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.com\/cn\/news\/jia-mi-huo-bi-he-gu-piao-tuo-gou-de-yu-ce-jin-guan-shang-wei-cheng-zhen-dan-xi-wang-reng-ran-cun-zai\/\" \/>\n<meta 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