{"id":1391,"date":"2026-03-26T21:49:06","date_gmt":"2026-03-26T13:49:06","guid":{"rendered":"https:\/\/www.yqcsfz.com\/?p=1391"},"modified":"2026-03-26T21:49:06","modified_gmt":"2026-03-26T13:49:06","slug":"%e5%81%9c%e6%91%86%e8%90%bd%e5%b9%95%ef%bc%9d%e8%a1%8c%e6%83%85%e8%b5%b7%e9%a3%9e%ef%bc%9f%e5%b8%a6%e4%bd%a0%e7%9c%8b%e3%80%8c%e7%be%8e%e8%82%a1%e3%80%81%e9%bb%84%e9%87%91%e3%80%81%e6%af%94%e7%89%b9","status":"publish","type":"post","link":"https:\/\/www.manwah.net\/?p=1391","title":{"rendered":"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf"},"content":{"rendered":"
\"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf\"<\/div>\n<\/div>\n
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<\/div>\n<\/p><\/div>\n
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\u4f5c\u8005\uff1aDavid\uff0c\u6df1\u6f6e TechFlow<\/strong><\/p>\n

\n

11 \u6708 13 \u65e5\u51cc\u6668 5 \u70b9\uff0c\u4e00\u573a\u6301\u7eed 43 \u5929\u3001\u521b\u4e0b\u7f8e\u56fd\u5386\u53f2\u7eaa\u5f55\u7684\u653f\u5e9c\u505c\u6446\u5371\u673a\u5373\u5c06\u8fce\u6765\u7ec8\u7ed3\u3002<\/p>\n

\u7f8e\u56fd\u4f17\u8bae\u9662\u4e8e\u5f53\u5730\u65f6\u95f4 11 \u6708 12 \u65e5\u665a\u95f4\u4ee5 222-209 \u7968\u901a\u8fc7\u4e86\u4e34\u65f6\u62e8\u6b3e\u6cd5\u6848\uff0c\u5e76\u7531\u5ddd\u666e\u7b7e\u7f72\u901a\u8fc7\u3002<\/p>\n

\u81f3\u6b64\uff0c\u8fd9\u573a\u59cb\u4e8e 10 \u6708 1 \u65e5\u7684\u505c\u6446\u50f5\u5c40\u5ba3\u544a\u7ed3\u675f\u3002<\/p>\n

\u8fd9 43 \u5929\u91cc\uff0c\u822a\u73ed\u5927\u9762\u79ef\u5ef6\u8bef\u3001\u98df\u54c1\u63f4\u52a9\u8ba1\u5212\u4e2d\u65ad\u3001\u7ecf\u6d4e\u6570\u636e\u53d1\u5e03\u6682\u505c\uff0c\u4e0d\u786e\u5b9a\u6027\u7b3c\u7f69\u5168\u7403\u6700\u5927\u7ecf\u6d4e\u4f53\u7684\u5404\u4e2a\u5c42\u9762\u3002<\/p>\n

\u800c\u968f\u8457\u505c\u6446\u7684\u7ed3\u675f\uff0c\u5e02\u573a\u53c8\u4f1a\u5982\u4f55\u53cd\u5e94\uff1f<\/p>\n

\u5bf9\u4e8e\u52a0\u5bc6\u5e02\u573a\u548c\u4f20\u7edf\u91d1\u878d\u5e02\u573a\u7684\u6295\u8d44\u4eba\u800c\u8a00\uff0c\u8fd9\u4e0d\u4ec5\u662f\u653f\u6cbb\u4e8b\u4ef6\u7684\u843d\u5e55\uff0c\u66f4\u662f\u89c2\u5bdf\u8d44\u4ea7\u4ef7\u683c\u5982\u4f55\u56e0\u5e94\u300c\u4e0d\u786e\u5b9a\u6027\u6d88\u9664\u300d\u7684\u5b9e\u9a8c\u7a97\u53e3\u3002<\/p>\n

\u5386\u53f2\u6570\u636e\u663e\u793a\uff0c\u8fc7\u53bb\u51e0\u6b21\u7f8e\u56fd\u653f\u5e9c\u91cd\u5927\u505c\u6446\u7ed3\u675f\u540e\uff0c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u90fd\u5c55\u73b0\u4e86\u4e0d\u540c\u7684\u8d70\u52bf\u7279\u5f81\u3002<\/strong><\/p>\n

\u8fd9\u6b21\uff0c\u5f53\u653f\u5e9c\u91cd\u65b0\u5f00\u95e8\u3001\u8054\u90a6\u8d44\u91d1\u6062\u590d\u6d41\u52a8\uff0c\u54ea\u4e9b\u8d44\u4ea7\u53ef\u80fd\u53d7\u76ca\uff1f<\/p>\n

\u5982\u679c\u4f60\u6ca1\u6709\u65f6\u95f4\u9605\u8bfb\uff0c\u4e0b\u9762\u8fd9\u5f20\u56fe\u80fd\u591f\u5e2e\u4f60\u5feb\u901f\u6293\u4f4f\u91cd\u70b9\u3002<\/p>\n

\"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf\u63d2\u56fe1\"<\/p>\n

\u4ee5\u4e0b\u6709\u66f4\u591a\u7ec6\u8282\uff0c\u5e2e\u52a9\u4f60\u4ee5\u53f2\u4e3a\u9274\uff0c\u6210\u4e3a\u4e00\u4e2a\u806a\u660e\u7684\u6295\u8d44\u8005\u3002<\/p>\n

\u505c\u6446\uff0c\u5230\u5e95\u600e\u4e48\u5f71\u54cd\u6295\u8d44\uff1f<\/h3>\n

\u8981\u7406\u89e3\u505c\u6446\u7ed3\u675f\u540e\u7684\u5e02\u573a\u53cd\u5e94\uff0c\u9996\u5148\u8981\u641e\u6e05\u695a\uff1a\u653f\u5e9c\u505c\u6446\u5230\u5e95\u5982\u4f55\u5f71\u54cd\u8d44\u4ea7\u4ef7\u683c\uff1f<\/strong><\/p>\n

\u653f\u5e9c\u505c\u6446\uff0c\u7edd\u5bf9\u4e0d\u662f\u300c\u516c\u52a1\u5458\u653e\u5047\u300d\u8fd9\u4e48\u7b80\u5355\u3002<\/p>\n

\u6839\u636e\u7f8e\u56fd\u56fd\u4f1a\u9884\u7b97\u529e\u516c\u5ba4 (CBO) \u7684\u4f30\u7b97\uff0c2018-2019 \u5e74\u90a3\u573a 35 \u5929\u7684\u505c\u6446\u9020\u6210\u4e86\u7ea6 30 \u4ebf\u7f8e\u5143\u7684\u6c38\u4e45\u6027 GDP \u635f\u5931\uff0c\u53e6\u6709\u7ea6 80 \u4ebf\u7f8e\u5143\u7684\u4e34\u65f6\u6027\u7ecf\u6d4e\u6d3b\u52a8\u5ef6\u8fdf\u3002<\/p>\n

\"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf\u63d2\u56fe2\"<\/p>\n

\u8fd9\u8f6e 43 \u5929\u7684\u505c\u6446\u66f4\u662f\u6253\u7834\u4e86\u5386\u53f2\u7eaa\u5f55\u3002\u867d\u7136 CBO \u5c1a\u672a\u53d1\u5e03\u672c\u6b21\u505c\u6446\u7684\u7ecf\u6d4e\u5f71\u54cd\u8bc4\u4f30\uff0c\u4f46\u8003\u8651\u5230\u6301\u7eed\u65f6\u95f4\u66f4\u957f\u3001\u5f71\u54cd\u8303\u56f4\u66f4\u5e7f\uff0c\u7ecf\u6d4e\u635f\u5931\u5f88\u53ef\u80fd\u663e\u8457\u8d85\u8fc7 2018-2019 \u5e74\u3002<\/p>\n

\u5b9e\u6253\u5b9e\u7684\u7ecf\u6d4e\u6d3b\u52a8\u51cf\u5c11\uff0c\u4f1a\u53cd\u6620\u5728 GDP \u6210\u957f\u7387\u3001\u6d88\u8d39\u6570\u636e\u3001\u4f01\u4e1a\u83b7\u5229\u7b49\u5173\u952e\u6307\u6807\u3002<\/p>\n

\u4f46\u6bd4\u7ecf\u6d4e\u635f\u5931\u66f4\u91cd\u8981\u7684\uff0c\u662f\u4e0d\u786e\u5b9a\u6027\u672c\u8eab\u3002<\/p>\n

\u91d1\u878d\u5e02\u573a\u7684\u6838\u5fc3\u903b\u8f91\u4e4b\u4e00\u662f\uff1a\u6295\u8d44\u4eba\u538c\u6076\u4e0d\u786e\u5b9a\u6027\u3002<\/p>\n

\u5f53\u672a\u6765\u65e0\u6cd5\u9884\u6d4b\u65f6\uff0c\u8d44\u91d1\u4f1a\u503e\u5411\u51cf\u6301\u9ad8\u98ce\u9669\u8d44\u4ea7\uff08\u79d1\u6280\u80a1\u3001\u6210\u957f\u80a1\uff09\u3001\u589e\u6301\u907f\u9669\u8d44\u4ea7\uff08\u9ec4\u91d1\u3001\u7f8e\u503a\u7b49\uff09\u3001\u964d\u4f4e\u6760\u6746\u3001\u6301\u6709\u73b0\u91d1\u89c2\u671b\u3002<\/strong><\/p>\n

\u90a3\u4e48\u53cd\u8fc7\u6765\uff0c\u5f53\u505c\u6446\u7ed3\u675f\u65f6\uff0c\u4f1a\u53d1\u751f\u4ec0\u4e48\uff1f\u7406\u8bba\u4e0a\uff0c\u505c\u6446\u7684\u7ec8\u7ed3\u610f\u5473\u8457\uff1a<\/p>\n

    \n
  1. \u653f\u7b56\u786e\u5b9a\u6027\u56de\u5f52- \u81f3\u5c11\u5728\u672a\u6765\u51e0\u4e2a\u6708\u5185\uff0c\u653f\u5e9c\u8d44\u91d1\u6709\u4e86\u4fdd\u969c<\/li>\n
  2. \u7ecf\u6d4e\u6570\u636e\u6062\u590d\u53d1\u5e03- \u6295\u8d44\u8005\u91cd\u65b0\u83b7\u5f97\u5224\u65ad\u7ecf\u6d4e\u57fa\u672c\u9762\u7684\u5de5\u5177<\/li>\n
  3. \u8d22\u653f\u652f\u51fa\u91cd\u542f- \u5ef6\u8fdf\u7684\u91c7\u8d2d\u3001\u85aa\u8d44\u3001\u798f\u5229\u91d1\u5f00\u59cb\u53d1\u653e\uff0c\u5bf9\u7ecf\u6d4e\u6709\u77ed\u671f\u63d0\u632f<\/li>\n
  4. \u98ce\u9669\u504f\u597d\u4fee\u590d- \u6700\u574f\u7684\u60c5\u51b5\u89e3\u9664\uff0c\u8d44\u91d1\u91cd\u65b0\u8ffd\u9010\u6536\u76ca<\/li>\n<\/ol>\n

    \u8fd9\u901a\u5e38\u4f1a\u5f15\u53d1\u4e00\u6ce2\u300c\u5bbd\u6170\u6027\u53cd\u5f39\u300d(relief rally)\uff0c\u56e0\u4e3a\u4e0d\u786e\u5b9a\u6027\u7684\u6d88\u9664\u672c\u8eab\u5c31\u662f\u4e00\u79cd\u5229\u591a\u3002<\/p>\n

    \u4f46\u8981\u6ce8\u610f\u7684\u662f\uff0c\u8fd9\u79cd\u53cd\u5f39\u672a\u5fc5\u6301\u4e45\u3002<\/p>\n

    \u505c\u6446\u7ed3\u675f\u540e\uff0c\u5e02\u573a\u4f1a\u8fc5\u901f\u56de\u5f52\u5bf9\u7ecf\u6d4e\u57fa\u672c\u9762\u7684\u5173\u6ce8\uff1b\u56e0\u6b64\uff0c\u6211\u4eec\u8ba4\u4e3a\u505c\u6446\u7ed3\u675f\u5bf9\u5e02\u573a\u7684\u5f71\u54cd\u53ef\u5206\u4e3a\u4e24\u4e2a\u5c42\u6b21\uff1a<\/p>\n

      \n
    • \u77ed\u671f (1-2 \u5468\uff09\uff1a<\/strong>\u4e0d\u786e\u5b9a\u6027\u6d88\u9664\u5e26\u6765\u7684\u60c5\u7eea\u4fee\u590d\uff0c\u901a\u5e38\u5229\u591a\u98ce\u9669\u8d44\u4ea7<\/li>\n
    • \u4e2d\u671f (1-3 \u4e2a\u6708\uff09\uff1a<\/strong>\u53d6\u51b3\u4e8e\u7ecf\u6d4e\u57fa\u672c\u9762\u662f\u5426\u771f\u7684\u53d7\u635f\uff0c\u4ee5\u53ca\u5176\u4ed6\u5b8f\u89c2\u56e0\u7d20<\/li>\n<\/ul>\n

      \u800c\u5bf9\u4e8e\u52a0\u5bc6\u5e02\u573a\u800c\u8a00\uff0c\u8fd8\u6709\u4e00\u4e2a\u7279\u6b8a\u8003\u91cf\uff1a\u76d1\u7ba1\u673a\u6784\u7684\u6062\u590d\u8fd0\u4f5c\u3002<\/p>\n

      SEC \u3001 CFTC \u7b49\u673a\u6784\u5728\u505c\u6446\u671f\u95f4\u57fa\u672c\u4e0a\u9677\u5165\u505c\u6ede\uff0c\u5ba1\u6279\u6d41\u7a0b\u6682\u505c\u3001\u6267\u6cd5\u884c\u52a8\u5ef6\u8fdf\u3002\u5f53\u653f\u5e9c\u91cd\u65b0\u5f00\u95e8\uff0c\u8fd9\u4e9b\u673a\u6784\u4f1a\u5982\u4f55\u300c\u8865\u8bfe\u300d\uff0c\u4e5f\u662f\u4e00\u4e2a\u503c\u5f97\u5173\u6ce8\u7684\u53d8\u6570\u3002<\/p>\n

      \u63a5\u4e0b\u6765\uff0c\u8ba9\u6211\u4eec\u900f\u8fc7\u5386\u53f2\u6570\u636e\uff0c\u770b\u770b\u5728\u8fc7\u53bb\u51e0\u6b21\u91cd\u5927\u505c\u6446\u7ed3\u675f\u540e\uff0c\u7f8e\u80a1\u3001\u9ec4\u91d1\u548c\u6bd4\u7279\u5e01\u7684\u5b9e\u9645\u8868\u73b0\u5982\u4f55\u3002<\/p>\n

      \u7f8e\u80a1\u5386\u53f2\u590d\u76d8\uff1a \u505c\u6446\u7ed3\u675f\u540e\uff0c\u603b\u6709\u300c\u5bbd\u6170\u6027\u53cd\u5f39\u300d<\/h3>\n

      \u8ba9\u6211\u4eec\u805a\u7126\u4e09\u6b21\u6301\u7eed\u65f6\u95f4\u8f83\u957f\u3001\u5bf9\u5e02\u573a\u5f71\u54cd\u663e\u8457\u7684\u505c\u6446\u4e8b\u4ef6\uff0c\u770b\u770b\u5f53\u653f\u5e9c\u91cd\u65b0\u5f00\u95e8\u65f6\uff0c\u6295\u8d44\u8005\u7528\u771f\u91d1\u767d\u94f6\u5728\u7f8e\u80a1\u5e02\u573a\u4e0a\u6295\u51fa\u4e86\u600e\u6837\u7684\u7b54\u6848\u3002<\/p>\n

      \"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf\u63d2\u56fe3\"<\/p>\n

      \u53ef\u4ee5\u770b\u5230\uff1a<\/p>\n

      1.1995 \u5e74 12 \u6708\u505c\u6446 (21 \u5929\uff09\uff1a\u79d1\u6280\u6ce1\u6cab\u524d\u5915\uff0c\u6e29\u548c\u4e0a\u6da8<\/strong><\/p>\n

      1995 \u5e74 12 \u6708 16 \u65e5\uff0c\u67ef\u6797\u987f\u653f\u5e9c\u4e0e\u5171\u548c\u515a\u63a7\u5236\u7684\u56fd\u4f1a\u56e0\u9884\u7b97\u5e73\u8861\u8ba1\u5212\u9677\u5165\u50f5\u5c40\uff0c\u653f\u5e9c\u88ab\u8feb\u5173\u95ed\u3002<\/p>\n

      \u5e02\u573a\u8868\u73b0\uff1a<\/p>\n

        \n
      • 1 \u4e2a\u6708\u540e\uff1a<\/strong>\u00a0S&P 500 \u6da8\u81f3 656.07\uff08+6.1%\uff09\uff0c\u7eb3\u65af\u8fbe\u514b 1093.17\uff08+5.9%\uff09\uff0c\u9053\u743c\u65af 5539.45\uff08+6.6%\uff09\uff1b<\/li>\n
      • 3 \u4e2a\u6708\u540e\uff1a<\/strong>\u00a0S&P 500 \u62a5 644.24\uff08+4.2%\uff09\uff0c\u7eb3\u65af\u8fbe\u514b 1105.66\uff08+7.1%\uff09\uff0c\u9053\u743c\u65af 5594.37\uff08+7.6%\uff09\uff1b<\/li>\n<\/ul>\n

        \u8fd9\u66f4\u50cf\u662f\u5178\u578b\u7684\u5148\u6da8\u540e\u8c03\u3002\u505c\u6446 1 \u4e2a\u6708\u540e\u4e09\u5927\u6307\u6570\u5747\u5f55\u5f97 6% \u5de6\u53f3\u7684\u53cd\u5f39\uff0c\u4f46\u5230 3 \u4e2a\u6708\u65f6\u6da8\u5e45\u6536\u7a84\uff0cS&P 500 \u751a\u81f3\u8f83 1 \u4e2a\u6708\u9ad8\u70b9\u56de\u843d\u3002<\/p>\n

        \u867d\u7136\u5e74\u4ee3\u4e45\u8fdc\uff0c\u4f46\u7ed3\u5408\u5f53\u65f6\u7684\u653f\u7ecf\u73af\u5883\uff0c\u80cc\u540e\u7684\u539f\u56e0\u53ef\u80fd\u662f\u5e02\u573a\u5728\u6d88\u5316\u4e86\u505c\u6446\u7ed3\u675f\u7684\u77ed\u671f\u5229\u597d\u540e\uff0c\u91cd\u65b0\u56de\u5f52\u57fa\u672c\u9762\u5b9a\u4ef7\u3002<\/p>\n

        1996 \u5e74\u521d\u6b63\u503c\u7f8e\u56fd\u7ecf\u6d4e\u300c\u9ec4\u91d1\u65f6\u4ee3\u300d\u5f00\u7aef\uff0c\u968f\u8457\u4e2a\u4eba\u7535\u8111\u548c\u7f51\u8def\u51fa\u73b0\uff0c\u79d1\u6280\u53d1\u5c55\u5904\u5728\u840c\u82bd\u9636\u6bb5\uff0c\u4e14\u901a\u81a8\u6e29\u548c\uff0c\u5e02\u573a\u672c\u8eab\u5c31\u5904\u4e8e\u957f\u671f\u4e0a\u5347\u901a\u9053\uff0c\u505c\u6446\u7684\u6270\u52a8\u66f4\u50cf\u662f\u4e2a\u63d2\u66f2\u3002<\/p>\n

        2.2013 \u5e74 10 \u6708\u505c\u6446 (16 \u5929\uff09\uff1a\u7f8e\u80a1\u7a81\u7834\u91d1\u878d\u5371\u673a\u524d\u9ad8<\/strong><\/p>\n

        2013 \u5e74 10 \u6708 1 \u65e5\uff0c\u5171\u548c\u515a\u8bd5\u56fe\u900f\u8fc7\u505c\u6446\u8feb\u4f7f\u6b27\u5df4\u9a6c\u653f\u5e9c\u5ef6\u8fdf\u5b9e\u65bd\u300a\u5e73\u4ef7\u533b\u7597\u6cd5\u6848\u300b\uff0c\u5bfc\u81f4\u653f\u5e9c\u518d\u6b21\u5173\u95ed\u3002\u8fd9\u6b21\u505c\u6446\u6301\u7eed\u4e86 16 \u5929\uff0c\u5230 10 \u6708 17 \u65e5\u51cc\u6668\u624d\u8fbe\u6210\u534f\u8bae\u3002<\/p>\n

        \u5e02\u573a\u8868\u73b0\uff1a<\/p>\n

          \n
        • 1 \u4e2a\u6708\u540e\uff1a<\/strong>\u00a0S&P 500 \u6da8\u81f3 1791.53\uff08+3.4%\uff09\uff0c\u7eb3\u65af\u8fbe\u514b 3949.07\uff08+2.2%\uff09\uff0c\u9053\u743c\u65af 15976.02\uff08+3.9%\uff09<\/li>\n
        • 3 \u4e2a\u6708\u540e\uff1a<\/strong>\u00a0S&P 500 \u62a5 1838.7\uff08+6.1%\uff09\uff0c\u7eb3\u65af\u8fbe\u514b 4218.69\uff08+9.2%\uff09\uff0c\u9053\u743c\u65af 16417.01\uff08+6.8%\uff09<\/li>\n<\/ul>\n

          \u8fd9\u6b21\u505c\u6446\u53d1\u751f\u5728\u4e00\u4e2a\u7279\u6b8a\u7684\u5386\u53f2\u8282\u70b9\uff1a2013 \u5e74 10 \u6708\u6b63\u662f\u7f8e\u80a1\u8d70\u51fa\u91d1\u878d\u5371\u673a\u9634\u5f71\u3001\u7a81\u7834 2007 \u5e74\u9ad8\u70b9\u7684\u65f6\u523b\u3002<\/p>\n

          \u505c\u6446\u7ed3\u675f\u4e0e\u6280\u672f\u6027\u7a81\u7834\u51e0\u4e4e\u540c\u65f6\u53d1\u751f\uff0c\u53e0\u52a0\u8054\u51c6\u4f1a\u5f53\u65f6\u6b63\u5728\u5b9e\u65bd\u7684 QE3 \u91cf\u5316\u5bbd\u677e\uff0c\u5e02\u573a\u60c5\u7eea\u6781\u5ea6\u4e50\u89c2\u3002\u7eb3\u65af\u8fbe\u514b\u5728 3 \u4e2a\u6708\u5185\u63a5\u8fd1 10% \u7684\u6da8\u5e45\uff0c\u660e\u663e\u8dd1\u8d62\u4f20\u7edf\u84dd\u7b79\u80a1\uff0c\u79d1\u6280\u80a1\u518d\u6b21\u6210\u4e3a\u53cd\u5f39\u5148\u950b\u3002<\/p>\n

          3.2018 \u5e74 12 \u6708\u505c\u6446 (35 \u5929\uff09\uff1a\u718a\u5e02\u5e95\u90e8\u53cd\u8f6c\uff0c\u505c\u6446\u53cd\u5f39\u6700\u5f3a\u7684\u4e00\u6b21<\/strong><\/p>\n

          2018 \u5e74 12 \u6708 22 \u65e5\uff0c\u5ddd\u666e\u575a\u6301\u8981\u6c42 57 \u4ebf\u7f8e\u5143\u7684\u7f8e\u58a8\u8fb9\u5883\u5899\u8d44\u91d1\uff0c\u4e0e\u6c11\u4e3b\u515a\u9677\u5165\u50f5\u6301\u3002\u8fd9\u573a\u5bf9\u5cd9\u4e00\u76f4\u6301\u7eed\u5230 2019 \u5e74 1 \u6708 25 \u65e5\uff0c\u521b\u4e0b\u4e86\u5f53\u65f6\u53f2\u4e0a\u6700\u957f\u505c\u6446\u7eaa\u5f55 (35 \u5929\uff09\uff0c\u76f4\u5230\u672c\u8f6e 42 \u5929\u505c\u6446\u624d\u88ab\u8d85\u8d8a\u3002<\/p>\n

          \u5e02\u573a\u8868\u73b0\uff1a<\/p>\n

            \n
          • 1 \u4e2a\u6708\u540e\uff1a<\/strong>\u00a0S&P 500 \u6da8\u81f3 2796.11\uff08+4.9%\uff09\uff0c\u7eb3\u65af\u8fbe\u514b 7554.46\uff08+5.4%\uff09\uff0c\u9053\u743c\u65af 26091.95\uff08+5.5%\uff09<\/li>\n
          • 3 \u4e2a\u6708\u540e\uff1a<\/strong>\u00a0S&P 500 \u62a5 2926.17\uff08+9.8%\uff09\uff0c\u7eb3\u65af\u8fbe\u514b 8102.01\uff08+13.1%\uff09\uff0c\u9053\u743c\u65af 26597.05\uff08+7.5%\uff09<\/li>\n<\/ul>\n

            \u8fd9\u662f\u4e09\u6b21\u505c\u6446\u4e2d\u53cd\u5f39\u6700\u5f3a\u52b2\u7684\u4e00\u6b21\uff0c\u80cc\u540e\u6709\u7279\u6b8a\u539f\u56e0\u3002<\/p>\n

            2018 \u5e74\u56db\u5b63\u5ea6\uff0c\u7f8e\u80a1\u56e0\u8054\u51c6\u4f1a\u5347\u606f\u548c\u8d38\u6613\u6469\u64e6\u4ece\u9ad8\u70b9\u66b4\u8dcc\u8fd1 20%\uff0c\u5728 12 \u6708 24 \u65e5\u521b\u4e0b\u9636\u6bb5\u6027\u4f4e\u70b9\u3002<\/p>\n

            \u505c\u6446\u7ed3\u675f\u4e0e\u5e02\u573a\u89c1\u5e95\u51e0\u4e4e\u540c\u6b65<\/strong>\uff0c\u53e0\u52a0\u8054\u51c6\u4f1a\u968f\u540e\u7684\u653f\u7b56\u8f6c\u5411\u6682\u505c\u5347\u606f\uff0c\u53cc\u91cd\u5229\u597d\u53ef\u80fd\u63a8\u52a8\u4e86\u5f3a\u529b\u53cd\u5f39\u3002<\/p>\n

            \u7eb3\u65af\u8fbe\u514b 3 \u4e2a\u6708 13% \u7684\u6da8\u5e45\uff0c\u518d\u6b21\u5370\u8bc1\u4e86\u79d1\u6280\u80a1\u5728\u98ce\u9669\u504f\u597d\u4fee\u590d\u9636\u6bb5\u7684\u9ad8\u5f39\u6027\u3002<\/p>\n

            \u56de\u987e\u7f8e\u80a1\u5728\u505c\u6446\u540e\u7684\u5386\u53f2\u6570\u636e\uff0c\u4e09\u4e2a\u660e\u786e\u7684\u89c4\u5f8b\u6d6e\u73b0\uff1a<\/p>\n

            \"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf\u63d2\u56fe4\"<\/p>\n

            \u7b2c\u4e00\uff0c\u77ed\u671f\u53cd\u5f39\u662f\u9ad8\u673a\u7387\u4e8b\u4ef6\u3002\u4e09\u6b21\u505c\u6446\u7ed3\u675f\u540e 1 \u4e2a\u6708\u5185\uff0c\u4e09\u5927\u6307\u6570\u65e0\u4e00\u4f8b\u5916\u5168\u90e8\u4e0a\u6da8\uff0c\u6da8\u5e45\u5728 2%-7% \u4e4b\u95f4\u3002\u4e0d\u786e\u5b9a\u6027\u6d88\u9664\u672c\u8eab\u5c31\u662f\u5229\u591a\u3002<\/p>\n

            \u7b2c\u4e8c\uff0c\u79d1\u6280\u80a1\u5f80\u5f80\u8dd1\u8d62\u5927\u76d8\u3002\u90a3\u65af\u8fbe\u514b\u5728 3 \u4e2a\u6708\u5185\u7684\u6da8\u5e45\u5206\u522b\u4e3a 7.1% \u3001 9.2% \u548c 13.1%\uff0c\u5747\u663e\u8457\u9ad8\u4e8e\u9053\u743c\u65af\u7684 7.6% \u3001 6.8% \u548c 7.5% \u3002<\/p>\n

            \u7b2c\u4e09\uff0c\u4e2d\u671f\u8d70\u52bf\u53d6\u51b3\u4e8e\u5b8f\u89c2\u73af\u5883\u3002\u505c\u6446\u7ed3\u675f\u540e 1-3 \u4e2a\u6708\u7684\u8868\u73b0\u5dee\u5f02\u5f88\u5927\uff0c1996 \u5e74\u7684\u5148\u6da8\u540e\u8c03\u3001 2013 \u5e74\u7684\u6301\u7eed\u8d70\u9ad8\u3001 2019 \u5e74\u7684\u5f3a\u529b\u53cd\u5f39\uff0c\u80cc\u540e\u90fd\u6709\u5404\u81ea\u7684\u5b8f\u89c2\u903b\u8f91\uff0c\u800c\u975e\u505c\u6446\u672c\u8eab\u3002<\/p>\n

            \u9ec4\u91d1\u5386\u53f2\u590d\u76d8\uff1a\u8d70\u52bf\u4e0d\u53d6\u51b3\u4e8e\u505c\u6446\u672c\u8eab<\/h3>\n

            \u5f53\u6211\u4eec\u628a\u89c6\u89d2\u8f6c\u5411\u9ec4\u91d1\u65f6\uff0c\u4f1a\u53d1\u73b0\u4e00\u4e2a\u4e0e\u80a1\u5e02\u622a\u7136\u4e0d\u540c\u7684\u6545\u4e8b\u3002<\/p>\n

            \"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf\u63d2\u56fe5\"<\/p>\n

            1.1995 \u5e74 12 \u6708\u505c\u6446 (21 \u5929\uff09\uff1a\u5c0f\u5e45\u9707\u8361<\/strong><\/p>\n

            \u91d1\u4ef7\u8868\u73b0\uff1a<\/p>\n

              \n
            • \u505c\u6446\u7ed3\u675f (1996 \u5e74 1 \u6708\uff09\uff1a$399.45\/\u76ce\u53f8<\/li>\n
            • 1 \u4e2a\u6708\u540e (1996 \u5e74 2 \u6708\uff09\uff1a$404.76\uff08+1.3%\uff09<\/li>\n
            • 3 \u4e2a\u6708\u540e (1996 \u5e74 4 \u6708\uff09\uff1a$392.85\uff08-1.7%\uff09<\/li>\n<\/ul>\n

              \u505c\u6446\u8fd9\u8d77\u653f\u6cbb\u4e8b\u4ef6\u5bf9\u91d1\u4ef7\u7684\u5f71\u54cd\u5fae\u4e4e\u5176\u5fae\u3002<\/p>\n

              2.2013 \u5e74 10 \u6708\u505c\u6446 (16 \u5929\uff09\uff1a\u6301\u7eed\u56de\u8c03<\/strong><\/p>\n

              \u91d1\u4ef7\u8868\u73b0\uff1a<\/p>\n

                \n
              • \u505c\u6446\u7ed3\u675f (2013 \u5e74 10 \u6708\uff09\uff1a$1320\/\u76ce\u53f8<\/li>\n
              • 1 \u4e2a\u6708\u540e (2013 \u5e74 11 \u6708\uff09\uff1a$1280\uff08-3.0%\uff09<\/li>\n
              • 3 \u4e2a\u6708\u540e (2014 \u5e74 1 \u6708\uff09\uff1a$1240\uff08-6.1%\uff09<\/li>\n<\/ul>\n

                \u8fd9\u662f\u4e09\u6b21\u505c\u6446\u4e2d\u9ec4\u91d1\u8868\u73b0\u6700\u5f31\u7684\u4e00\u6b21\u3002 2013 \u5e74\u662f\u9ec4\u91d1\u7684\u718a\u5e02\u5e74\uff0c\u4ece\u5e74\u521d\u7684 $1700 \u8dcc\u81f3\u5e74\u5e95\u7684 $1200\uff0c\u5168\u5e74\u8dcc\u5e45\u8d85\u8fc7 25% \u3002<\/p>\n

                \u80cc\u540e\u7684\u539f\u56e0\u662f\u8054\u51c6\u4f1a\u5f00\u59cb\u8ba8\u8bba\u7f29\u51cf\u91cf\u5316\u5bbd\u677e\uff0c\u7f8e\u5143\u8d70\u5f3a\u538b\u5236\u91d1\u4ef7\u3002\u505c\u6446\u7ed3\u675f\u540e\uff0c\u968f\u8457\u4e0d\u786e\u5b9a\u6027\u6d88\u9000\uff0c\u9ec4\u91d1\u7684\u907f\u9669\u5c5e\u6027\u8fdb\u4e00\u6b65\u5f31\u5316\uff0c\u4ef7\u683c\u52a0\u901f\u4e0b\u8dcc\u3002<\/p>\n

                3.2018 \u5e74 12 \u6708\u505c\u6446 (35 \u5929\uff09\uff1a\u5148\u6da8\u540e\u56de<\/strong><\/p>\n

                \u91d1\u4ef7\u8868\u73b0\uff1a<\/p>\n

                  \n
                • \u505c\u6446\u7ed3\u675f (2019 \u5e74 1 \u6708\uff09\uff1a$1290\/\u76ce\u53f8<\/li>\n
                • 1 \u4e2a\u6708\u540e (2019 \u5e74 2 \u6708\uff09\uff1a$1320\uff08+2.3%\uff09<\/li>\n
                • 3 \u4e2a\u6708\u540e (2019 \u5e74 4 \u6708\uff09\uff1a$1290 (0%\uff09<\/li>\n<\/ul>\n

                  \u8fd9\u6b21\u505c\u6446\u671f\u95f4\uff0c\u7f8e\u80a1\u7ecf\u5386\u4e86 2018 \u5e74\u5e95\u7684\u66b4\u8dcc\uff0c\u907f\u9669\u60c5\u7eea\u9ad8\u6da8\u63a8\u52a8\u91d1\u4ef7\u4ece $1230 \u6da8\u81f3 $1290 \u3002\u505c\u6446\u7ed3\u675f\u540e\uff0c\u91d1\u4ef7\u77ed\u6682\u51b2\u9ad8\u81f3 $1320\uff0c\u4f46\u968f\u8457\u80a1\u5e02\u53cd\u5f39\u3001\u98ce\u9669\u504f\u597d\u56de\u5347\uff0c\u91d1\u4ef7\u56de\u843d\u81f3\u505c\u6446\u7ed3\u675f\u65f6\u7684\u6c34\u5e73\uff0c3 \u4e2a\u6708\u6da8\u8dcc\u4e3a\u96f6\u3002<\/p>\n

                  \u5728 2013 \u5e74\u548c 1996 \u5e74\u7684\u505c\u6446\u4e2d\uff0c\u80a1\u5e02\u5728\u505c\u6446\u7ed3\u675f\u540e\u4e0a\u6da8 3-6%\uff0c\u800c\u9ec4\u91d1\u8981\u4e48\u4e0b\u8dcc (2013 \u5e74-6.1%\uff09\uff0c\u8981\u4e48\u9707\u8361\u8d70\u5e73 (1996 \u5e74-1.7%\uff09\u3002<\/p>\n

                  \u8fd9\u4e5f\u7b26\u5408\u5f53\u4e0d\u786e\u5b9a\u6027\u6d88\u9664\u3001\u98ce\u9669\u504f\u597d\u56de\u5347\u65f6\uff0c\u8d44\u91d1\u4ece\u907f\u9669\u8d44\u4ea7\u6d41\u5411\u98ce\u9669\u8d44\u4ea7\u7684\u4e3b\u89c2\u8ba4\u77e5\u3002<\/p>\n

                  \u5982\u679c\u5386\u53f2\u91cd\u6f14\uff0c\u672c\u8f6e 42 \u5929\u505c\u6446\u7ed3\u675f\u540e\uff0c\u9ec4\u91d1\u53ef\u80fd\u9762\u4e34\u4ee5\u4e0b\u4e24\u79cd\u60c5\u5883\uff1a<\/p>\n

                  \u60c5\u5883\u4e00\uff1a\u907f\u9669\u60c5\u7eea\u5feb\u901f\u6d88\u9000\u3002\u5982\u679c\u505c\u6446\u671f\u95f4\u91d1\u4ef7\u5df2\u7ecf\u56e0\u907f\u9669\u9700\u6c42\u800c\u4e0a\u6da8\uff0c\u90a3\u4e48\u505c\u6446\u7ed3\u675f\u53ef\u80fd\u5f15\u53d1\u300c\u83b7\u5229\u4e86\u7ed3\u300d\uff0c\u91d1\u4ef7\u77ed\u671f\u56de\u8c03 5-10% \u3002\u8fd9\u5728 2013 \u5e74\u7684\u6848\u4f8b\u4e2d\u8868\u73b0\u5f97\u6700\u4e3a\u660e\u663e\u3002<\/p>\n

                  \u60c5\u5883\u4e8c\uff1a\u5b8f\u89c2\u98ce\u9669\u672a\u89e3\u9664\u3002\u5982\u679c\u505c\u6446\u867d\u7136\u7ed3\u675f\uff0c\u4f46\u7f8e\u56fd\u8d22\u653f\u95ee\u9898\u3001\u503a\u52a1\u4e0a\u9650\u3001\u7ecf\u6d4e\u8870\u9000\u98ce\u9669\u7b49\u5b8f\u89c2\u62c5\u5fe7\u4f9d\u7136\u5b58\u5728\uff0c\u9ec4\u91d1\u53ef\u80fd\u7ef4\u6301\u5f3a\u52bf\u751a\u81f3\u7ee7\u7eed\u4e0a\u6da8\u3002<\/p>\n

                  \u6bd5\u7adf\uff0c\u505c\u6446\u53ea\u662f\u6682\u65f6\u7ed3\u675f\u3002<\/p>\n

                  \u4ece\u76ee\u524d\u91d1\u4ef7\u6765\u770b\uff0c\u505c\u6446\u7ed3\u675f\u53ef\u80fd\u4f1a\u7f13\u89e3\u77ed\u671f\u907f\u9669\u9700\u6c42\uff0c\u4f46\u96be\u4ee5\u6539\u53d8\u9ec4\u91d1\u7684\u957f\u671f\u4e0a\u884c\u8d8b\u52bf\u3002<\/p>\n

                  BTC \u5386\u53f2\u590d\u76d8\uff1a\u6837\u672c\u6709\u9650\uff0c\u4f46\u4ecd\u6709\u542f\u793a<\/h3>\n

                  \u7ec8\u4e8e\u5230\u4e86\u52a0\u5bc6\u6295\u8d44\u4eba\u6700\u5173\u5fc3\u7684\u95ee\u9898\uff1a\u505c\u6446\u7ed3\u675f\u540e\uff0c\u6bd4\u7279\u5e01\u4f1a\u600e\u4e48\u8d70\uff1f<\/strong><\/p>\n

                  \u5766\u767d\u8bf4\uff0c\u5386\u53f2\u6837\u672c\u6781\u4e3a\u6709\u9650\u3002 1996 \u5e74\u505c\u6446\u65f6\u6bd4\u7279\u5e01\u8fd8\u4e0d\u5b58\u5728\uff0c2013 \u5e74\u505c\u6446\u65f6 BTC \u5e02\u503c\u592a\u5c0f\u4e14\u6b63\u503c\u8d85\u7ea7\u591a\u5934\u5e02\u573a\uff0c\u771f\u6b63\u6709\u53c2\u8003\u4ef7\u503c\u7684\u53ea\u6709 2018-2019 \u5e74\u90a3\u4e00\u6b21\u3002<\/p>\n

                  \"\u505c\u6446\u843d\u5e55\uff1d\u884c\u60c5\u8d77\u98de\uff1f\u5e26\u4f60\u770b\u300c\u7f8e\u80a1\u3001\u9ec4\u91d1\u3001\u6bd4\u7279\u5e01\u300d\u5386\u6b21\u7f8e\u653f\u5e9c\u91cd\u542f\u540e\u8d70\u52bf\u63d2\u56fe6\"<\/p>\n

                  1.2013 \u5e74 10 \u6708\u505c\u6446 (16 \u5929\uff09\uff1a\u725b\u5e02\u63d2\u66f2\uff0c\u548c\u505c\u6446\u5173\u7cfb\u4e0d\u5927<\/strong><\/p>\n

                  BTC \u4ef7\u683c\u8868\u73b0\uff1a<\/p>\n

                    \n
                  • \u505c\u6446\u7ed3\u675f (2013-10-17)\uff1a$142.41<\/li>\n
                  • 1 \u4e2a\u6708\u540e\uff1a$440.95\uff08+209.6%\uff09<\/li>\n
                  • 3 \u4e2a\u6708\u540e\uff1a$834.48\uff08+485.9%\uff09<\/li>\n<\/ul>\n

                    \u8fd9\u4e2a\u6570\u636e\u770b\u8d77\u6765\u6781\u4e3a\u5938\u5f20\uff0c1 \u4e2a\u6708\u7ffb 3 \u500d\uff0c3 \u4e2a\u6708\u7ffb\u8fd1 6 \u500d\u3002<\/p>\n

                    2013 \u5e74\u662f\u6bd4\u7279\u5e01\u53f2\u4e0a\u6700\u75af\u72c2\u7684\u591a\u5934\u5e74\u4efd\u4e4b\u4e00\uff0c\u5168\u5e74\u66b4\u6da8\u8d85\u8fc7 5,000%\uff0c\u4ece\u5e74\u521d\u7684 $13 \u6da8\u81f3\u5e74\u5e95\u9ad8\u5cf0 $1,147 \u3002<\/p>\n

                    10 \u6708\u6b63\u503c\u8fd9\u8f6e\u8d85\u7ea7\u591a\u5934\u5e02\u573a\u7684\u52a0\u901f\u671f\u3002 BTC \u521a\u7ecf\u5386\u300c\u4e1d\u7ef8\u4e4b\u8def\u300d\u88ab FBI \u67e5\u5c01\u7684\u66b4\u8dcc\uff0c\u5e02\u573a\u5728\u77ed\u6682\u6050\u614c\u540e\u8fc5\u901f\u53cd\u5f39\u5e76\u5f00\u542f\u4e86\u6700\u75af\u72c2\u7684\u51b2\u9876\u9636\u6bb5\u3002<\/p>\n

                    \u4f46\u8fd9\u6b21\u505c\u6446\u4e0e BTC \u8d70\u52bf\u51e0\u4e4e\u6ca1\u6709\u56e0\u679c\u5173\u7cfb\uff0c\u653f\u5e9c\u505c\u6446\u5728 BTC \u7684\u4ef7\u683c\u903b\u8f91\u4e2d\uff0c\u66f4\u50cf\u662f\u566a\u97f3\u7b49\u7ea7\u7684\u4e8b\u4ef6\u3002<\/p>\n

                    2.2018 \u5e74 12 \u6708\u505c\u6446 (35 \u5929\uff09\uff1a\u718a\u5e02\u5e95\u90e8\uff0c\u5173\u952e\u8f6c\u6298<\/strong><\/p>\n

                    BTC \u4ef7\u683c\u8868\u73b0\uff1a<\/p>\n

                      \n
                    • \u505c\u6446\u7ed3\u675f (2019-01-25)\uff1a$3607.39<\/li>\n
                    • 1 \u4e2a\u6708\u540e\uff1a$3807\uff08+5.5%\uff09<\/li>\n
                    • 3 \u4e2a\u6708\u540e\uff1a$5466.52\uff08+51.5%\uff09<\/li>\n<\/ul>\n

                      2018 \u5e74 12 \u6708\uff0cBTC \u6b63\u5904\u4e8e\u6f2b\u957f\u718a\u5e02\u7684\u5e95\u90e8\u533a\u57df\u3002\u4ece 2017 \u5e74 12 \u6708\u7684 $19,000 \u9ad8\u70b9\uff0cBTC \u5df2\u7ecf\u66b4\u8dcc\u8d85\u8fc7 80%\uff0c\u5728 2018 \u5e74 12 \u6708 15 \u65e5\u521b\u4e0b $3,122 \u7684\u9636\u6bb5\u6027\u4f4e\u70b9\u3002\u505c\u6446\u5f00\u59cb\u7684\u65f6\u95f4 (12 \u6708 22 \u65e5\uff09\u4e0e BTC \u89c1\u5e95\u51e0\u4e4e\u540c\u6b65\u3002<\/p>\n

                      \u505c\u6446\u7ed3\u675f\u540e\u7684 1 \u4e2a\u6708\u5185\uff0cBTC \u4ec5\u6e29\u548c\u53cd\u5f39 5.5%\uff0c\u6da8\u5e45\u8fdc\u4f4e\u4e8e\u7f8e\u80a1\u7684 4.9-5.5%\uff1b<\/p>\n

                      \u4f46\u5230 3 \u4e2a\u6708\u65f6\uff0cBTC \u7684\u6da8\u5e45\u8fbe\u5230 51.5%\uff0c\u663e\u8457\u8dd1\u8d62\u4e86 S&P 500 \u7684 9.8% \u548c\u7eb3\u65af\u8fbe\u514b\u7684 13.1% \u3002<\/p>\n

                      \u8fd9\u80cc\u540e\u6709\u51e0\u4e2a\u5173\u952e\u56e0\u7d20\uff1a<\/p>\n

                      \u9996\u5148\uff0cBTC \u672c\u8eab\u7684\u5e95\u90e8\u53cd\u8f6c\u903b\u8f91\u3002 2019 \u5e74\u521d\uff0c\u52a0\u5bc6\u5e02\u573a\u5f00\u59cb\u51fa\u73b0\u300c\u6700\u574f\u65f6\u523b\u5df2\u8fc7\u300d\u7684\u5171\u8bc6\uff1a\u77ff\u5de5\u6295\u964d\u3001\u6563\u6237\u79bb\u573a\u3001\u4f46\u673a\u6784\u5f00\u59cb\u5e03\u5c40\u3002<\/p>\n

                      \u5176\u6b21\uff0c\u5b8f\u89c2\u73af\u5883\u7684\u6539\u5584\u3002\u8054\u51c6\u4f1a\u5728 2019 \u5e74\u521d\u91ca\u653e\u9e3d\u6d3e\u8baf\u53f7\uff0c\u5168\u7403\u6d41\u52a8\u6027\u9884\u671f\u6539\u5584\uff0c\u8fd9\u5bf9\u9ad8\u98ce\u9669\u8d44\u4ea7 BTC \u6784\u6210\u5229\u591a\u3002<\/p>\n

                      \u7b2c\u4e09\uff0cBTC \u5e02\u503c\u5f53\u65f6\u7ea6 600 \u4ebf\u7f8e\u5143\uff0c\u4f53\u79ef\u8fdc\u5c0f\u4e8e\u80a1\u5e02\uff0c\u6d41\u52a8\u6027\u8f83\u5dee\uff0c\u56e0\u6b64\u6ce2\u52a8\u6027\u8f83\u5927\u3002\u5f53\u98ce\u9669\u504f\u597d\u56de\u5347\u65f6\uff0cBTC \u7684\u5f39\u6027\u81ea\u7136\u66f4\u5f3a\u3002<\/p>\n

                      \u6bd4\u8f83\u9ec4\u91d1\u548c\u80a1\u5e02\u7684\u8868\u73b0\uff0c\u6bd4\u7279\u5e01\u5c55\u73b0\u66f4\u591a\u7684\u662f\u5b8f\u89c2 Beta + \u81ea\u8eab\u5468\u671f\u53e0\u52a0\u7684\u7ed3\u679c\u3002<\/p>\n

                      \u77ed\u671f\u770b\uff0cBTC \u50cf\u9ad8 Beta \u7684\u98ce\u9669\u8d44\u4ea7\u3002<\/strong><\/p>\n

                      \u505c\u6446\u7ed3\u675f\u540e\uff0c\u5f53\u4e0d\u786e\u5b9a\u6027\u6d88\u9664\u3001\u98ce\u9669\u504f\u597d\u56de\u5347\u65f6\uff0cBTC \u7684\u53cd\u5f39\u5e45\u5ea6 (12%\uff09\u4e0e\u7eb3\u65af\u8fbe\u514b (5.4%\uff09\u63a5\u8fd1\uff0c\u4e14\u8fdc\u8d85\u9ec4\u91d1 (2.3%\uff09\u3002\u8fd9\u8bf4\u660e\u5728 1-3 \u4e2a\u6708\u7684\u65f6\u95f4\u7ef4\u5ea6\u4e0a\uff0cBTC \u7684\u5b9a\u4ef7\u903b\u8f91\u66f4\u63a5\u8fd1\u79d1\u6280\u80a1\uff0c\u800c\u975e\u907f\u9669\u8d44\u4ea7\u3002<\/p>\n

                      \u4f46\u4e2d\u957f\u671f\u770b\uff0cBTC \u6709\u81ea\u5df1\u7684\u5468\u671f\u3002 2019 \u5e74 4 \u6708 BTC \u6da8\u81f3 $5,200 \u540e\uff0c\u7ee7\u7eed\u4e0a\u6da8\u81f3 6 \u6708\u7684 $13,800\uff0c\u6da8\u5e45\u8fdc\u8d85\u4efb\u4f55\u4f20\u7edf\u8d44\u4ea7\u3002\u8fd9\u8f6e\u4e0a\u6da8\u7684\u6838\u5fc3\u9a71\u52a8\u6216\u8bb8\u6765\u81ea\u4e8e\u56db\u5e74\u51cf\u534a\u5468\u671f\u7684\u4e34\u8fd1\uff0c\u540e\u9762\u8fd8\u6709\u673a\u6784\u548c\u5927\u516c\u53f8\u8fdb\u573a\u3002<\/p>\n

                      \u653f\u5e9c\u662f\u5426\u505c\u6446\uff0c\u5f71\u54cd\u529b\u5df2\u7ecf\u4e0d\u5927\u4e86\u3002<\/p>\n

                      \u90a3\u5c55\u671b\u4e00\u4e0b\uff0c\u5982\u679c\u672c\u8f6e 42 \u5929\u505c\u6446\u7ed3\u675f\uff0cBTC \u4f1a\u5982\u4f55\u53cd\u5e94\uff1f<\/p>\n

                      \u77ed\u671f (1-2 \u5468\uff09\uff1a\u5982\u679c\u505c\u6446\u7ed3\u675f\u5f15\u53d1\u7f8e\u80a1\u300c\u5bbd\u6170\u6027\u53cd\u5f39\u300d\uff0cBTC \u5f88\u53ef\u80fd\u8ddf\u968f\u4e0a\u6da8\uff1b<\/p>\n

                      \u4e2d\u671f (1-3 \u4e2a\u6708\uff09\uff1a\u5173\u952e\u53d6\u51b3\u4e8e\u5b8f\u89c2\u73af\u5883\u3002\u5982\u679c\u8054\u51c6\u4f1a\u7ef4\u6301\u5bbd\u677e\u3001\u7ecf\u6d4e\u6570\u636e\u4e0d\u4f73\u3001\u6ca1\u6709\u65b0\u7684\u653f\u6cbb\u5371\u673a\uff0cBTC \u53ef\u80fd\u5ef6\u7eed\u6da8\u52bf\u3002<\/p>\n

                      \u4f46\u4e0d\u8981\u5fd8\u8bb0\uff0c\u52a0\u5bc6\u5e02\u573a\u76ee\u524d\u6ca1\u6709\u7a81\u7834\u6027\u53d9\u4e8b\uff0c\u6307\u671b BTC \u7684\u4ef7\u683c\u7531\u5185\u751f\u9a71\u52a8\u5e76\u4e0d\u592a\u53ef\u80fd\u3002<\/p>\n

                      \u505c\u6446\u7ed3\u675f\uff0c\u535a\u5f08\u7ee7\u7eed<\/h3>\n

                      42 \u5929\u7684\u505c\u6446\u5373\u5c06\u843d\u5e55\uff0c\u4f46\u8fd9\u4e0d\u662f\u7ed3\u5c40\uff0c\u800c\u662f\u65b0\u4e00\u8f6e\u884c\u60c5\u53d8\u5316\u7684\u5f00\u59cb\u3002<\/p>\n

                      \u56de\u770b\u5386\u53f2\uff0c\u505c\u6446\u7ed3\u675f\u540e\u5e02\u573a\u901a\u5e38\u4f1a\u6709\u77ed\u671f\u53cd\u5f39\uff1b\u4f46\u8fd9\u79cd\u53cd\u5f39\u7684\u6301\u7eed\u6027\u9700\u8981\u7406\u6027\u770b\u5f85\u3002<\/p>\n

                      \u5f53\u4f60\u770b\u5230\u5e02\u573a\u5728\u505c\u6446\u7ed3\u675f\u540e\u4e0a\u6da8 5% \u65f6\uff0c\u4e0d\u8981\u6025\u4e8e FOMO\uff1b\u5f53\u4f60\u770b\u5230 BTC \u77ed\u671f\u56de\u6863\u65f6\uff0c\u4e5f\u4e0d\u8981\u6050\u614c\u629b\u552e\u3002<\/p>\n

                      \u4fdd\u6301\u7406\u6027\uff0c\u4e13\u6ce8\u57fa\u672c\u9762\uff0c\u505a\u597d\u98ce\u9669\u7ba1\u7406\uff0c\u539f\u5219\u4e0d\u4f1a\u56e0\u4e3a\u505c\u6446\u800c\u6539\u53d8\u3002<\/p>\n

                      \u4e8b\u4ef6\u53ef\u4ee5\u7ffb\u7bc7\uff0c\u535a\u5f08\u4ecd\u5c06\u6301\u7eed\u3002<\/p>\n

                      \n

                      \uff08\u4ee5\u4e0a\u5185\u5bb9\u83b7\u5408\u4f5c\u4f19\u4f34 PANews <\/strong>\u6388\u6743\u8282\u5f55\u53ca\u8f6c\u8f7d\uff0c\u539f\u6587\u8fde\u7ed3 | \u51fa\u5904\uff1a \u6df1\u6f6e TechFlow<\/strong><\/em>\uff09<\/strong><\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

                      \u4f5c\u8005\uff1aDavid\uff0c\u6df1\u6f6e TechFlow 11 \u6708 13 \u65e5\u51cc\u6668 5 \u70b9\uff0c\u4e00\u573a\u6301\u7eed 43 \u5929\u3001\u521b\u4e0b\u7f8e\u56fd\u5386\u53f2\u7eaa\u5f55 […]<\/p>\n","protected":false},"author":2,"featured_media":1392,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts\/1391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1391"}],"version-history":[{"count":1,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts\/1391\/revisions"}],"predecessor-version":[{"id":7276,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts\/1391\/revisions\/7276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/media\/1392"}],"wp:attachment":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}