
数据:Glassnode 比特币近期回测 7.5 万美元行权价,市场方向仍不明朗

ChainCatcher 消息,Glassnode 在 X 平台发文分析表示,比特币近期回测 7.5 万美元行权价,该区域此前聚集近 80 亿美元空头 Gamma 头寸,并在本轮期权到期前一度将 BTC 价格压低至 7.25 万美元附近。随着大规模期权到期完成,市场 Gamma 结构已开始重新构建。
数据显示,BTC 下跌期间 ATM 隐含波动率(IV)一度上升,1 周期 IV 突破 35%,但随后迅速回落至约 32%,长期期限 IV 同样走低,表明市场仍将此次波动视为“可控调整”。资金流方面,近 7 日期权买卖结构几乎完全平衡,看涨、看跌期权的买入与卖出占比均接近 25%,反映市场在近期下跌后缺乏明确方向性押注。
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