{"id":792,"date":"2026-02-05T02:53:12","date_gmt":"2026-02-04T18:53:12","guid":{"rendered":"https:\/\/www.yqcsfz.com\/?p=792"},"modified":"2026-02-05T02:53:12","modified_gmt":"2026-02-04T18:53:12","slug":"cryptoquant-%e6%96%ad%e8%a8%80%e3%80%8c%e7%86%8a%e5%b8%82%e5%b7%b2%e8%87%b3%e3%80%8d%ef%bc%81%e6%af%94%e7%89%b9%e5%b8%81%e9%9c%80%e6%b1%82%e5%8a%a8%e8%83%bd%e7%86%84%e7%81%ab%ef%bc%8c%e6%81%90","status":"publish","type":"post","link":"https:\/\/www.manwah.net\/?p=792","title":{"rendered":"CryptoQuant \u65ad\u8a00\u300c\u718a\u5e02\u5df2\u81f3\u300d\uff01\u6bd4\u7279\u5e01\u9700\u6c42\u52a8\u80fd\u7184\u706b\uff0c\u6050\u56de\u6d4b 7 \u4e07\u7f8e\u5143"},"content":{"rendered":"<div class=\"thumbnail-container animate-lazy\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"375\" class=\"attachment-jnews-750x375 size-jnews-750x375 lazyload wp-post-image\" alt=\"\u793a\u8b66\u6bd4\u7279\u5e01 2026 \u6b65\u5165\u300c\u718a\u5e02\u5e74\u300d\uff01\u5bcc\u8fbe\u4e13\u5bb6\u66dd\u300c\u5173\u952e\u652f\u6491\u4f4d\u300d\" src=\"https:\/\/blockcast.it\/wp-content\/uploads\/2025\/12\/1b96ee5f-d350-4372-97f6-24f6818d07ae-750x375.jpeg\" data-srcset=\"https:\/\/blockcast.it\/wp-content\/uploads\/2025\/12\/1b96ee5f-d350-4372-97f6-24f6818d07ae-750x375.jpeg 750w, https:\/\/blockcast.it\/wp-content\/uploads\/2025\/12\/1b96ee5f-d350-4372-97f6-24f6818d07ae-360x180.jpeg 360w, https:\/\/blockcast.it\/wp-content\/uploads\/2025\/12\/1b96ee5f-d350-4372-97f6-24f6818d07ae-1140x570.jpeg 1140w\" data-sizes=\"auto\" data-expand=\"700\" title=\"CryptoQuant \u65ad\u8a00\u300c\u718a\u5e02\u5df2\u81f3\u300d\uff01\u6bd4\u7279\u5e01\u9700\u6c42\u52a8\u80fd\u7184\u706b\uff0c\u6050\u56de\u6d4b 7 \u4e07\u7f8e\u5143\u63d2\u56fe\" \/><\/div>\n<\/div>\n<div class=\"entry-content no-share\">\n<div class=\"jeg_share_button share-float jeg_sticky_share clearfix share-monocrhome\">\n<div class=\"jeg_share_float_container\"><\/div>\n<\/p><\/div>\n<div class=\"content-inner \">\n<p>\u94fe\u4e0a\u6570\u636e\u5206\u6790\u516c\u53f8 CryptoQuant \u793a\u8b66\uff0c\u7531\u4e8e\u6bd4\u7279\u5e01\u9700\u6c42\u52a8\u80fd\u660e\u663e\u8f6c\u5f31\uff0c\u52a0\u5bc6\u8d27\u5e01\u6050\u6015\u5df2\u6b65\u5165\u718a\u5e02\uff0c\u540e\u7eed\u4e0b\u8dcc\u98ce\u9669\u4e0d\u5bb9\u5ffd\u89c6\u3002<\/p>\n<p>CryptoQuant \u65e5\u524d\u53d1\u5e03\u62a5\u544a\u6307\u51fa\uff1a\u300c\uff08\u6bd4\u7279\u5e01\uff09\u9700\u6c42\u6210\u957f\u5df2\u660e\u663e\u653e\u7f13\uff0c\u9884\u793a\u8457\u5e02\u573a\u5c06\u8fdb\u5165\u718a\u5e02\u3002\u81ea 2023 \u5e74\u4ee5\u6765\uff0c\u6bd4\u7279\u5e01\u5171\u7ecf\u5386 3 \u6ce2\u73b0\u8d27\u9700\u6c42\u6d6a\u6f6e\uff0c\u5206\u522b\u7531\u7f8e\u56fd\u73b0\u8d27 ETF \u4e0a\u5e02\u3001\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u4ee5\u53ca\u6bd4\u7279\u5e01\u50a8\u5907\u516c\u53f8\u63a8\u52a8\u3002\u300d<\/p>\n<p>\u7136\u800c\uff0c\u81ea 2025 \u5e74 10 \u6708\u521d\u5f00\u59cb\uff0c\u8fd9\u80a1\u9700\u6c42\u6210\u957f\u5df2\u8dcc\u7834\u957f\u671f\u8d8b\u52bf\u7ebf\uff0c\u663e\u793a\u672c\u8f6e\u5468\u671f\u7684\u65b0\u589e\u4e70\u76d8\uff0c\u5df2\u5927\u81f4\u88ab\u5e02\u573a\u6d88\u5316\u6b86\u5c3d\uff0c\u6bd4\u7279\u5e01\u4e5f\u56e0\u6b64\u5931\u53bb\u5173\u952e\u652f\u6491\u529b\u9053\u3002<\/p>\n<p>\u57fa\u4e8e\u5f53\u524d\u75b2\u5f31\u7684\u6001\u52bf\uff0cCryptoQuant \u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u4e0b\u884c\u98ce\u9669\u6b63\u9010\u6b65\u6d6e\u73b0\uff0c\u300c7 \u4e07\u7f8e\u5143\u300d\u4e3a\u7b2c\u4e00\u9053\u91cd\u8981\u652f\u6491\u533a\uff0c\u5018\u82e5\u5e02\u573a\u4ecd\u65e0\u6cd5\u91cd\u65b0\u51dd\u805a\u591a\u5934\u52a8\u80fd\uff0c\u4e0d\u6392\u9664\u8fdb\u4e00\u6b65\u4e0b\u63a2 5.6 \u4e07\u7f8e\u5143\u3002\u62a5\u544a\u6307\u51fa\uff1a<\/p>\n<blockquote>\n<p><strong>\u4ece\u5386\u53f2\u7ecf\u9a8c\u6765\u770b\uff0c\u6bd4\u7279\u5e01\u718a\u5e02\u5e95\u90e8\u5f80\u5f80\u4e0e\u300c\u5b9e\u73b0\u4ef7\u683c\uff08Realized Price\uff0c\u53cd\u6620\u5168\u4f53\u6301\u5e01\u8005\u5e73\u5747\u6210\u672c\uff09\u300d\u57fa\u672c\u4e00\u81f4\uff0c\u76ee\u524d\u8fd9\u9879\u6307\u6807\u7ea6\u5728 5.6 \u4e07\u7f8e\u5143\u3002<\/strong><\/p>\n<p><strong>\u82e5\u771f\u56de\u6d4b\u8be5\u4ef7\u4f4d\u6c34\u5e73\uff0c\u610f\u5473\u8457\u6bd4\u7279\u5e01\u81ea\u5386\u53f2\u9ad8\u70b9\u56de\u843d\u7ea6 55%\uff0c\u53cd\u800c\u53ef\u80fd\u6210\u4e3a\u5386\u6765\u56de\u6863\u5e45\u5ea6\u6700\u5c0f\u7684\u4e00\u6b21\u718a\u5e02\u3002<\/strong><\/p>\n<p><strong>\u6bd4\u7279\u5e01\u4e2d\u671f\u652f\u6491\u4f4d\u5728\u00a0 70,000 \u7f8e\u5143\u9644\u8fd1\u3002<\/strong><\/p>\n<\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-133381\" src=\"https:\/\/blockcast.it\/wp-content\/uploads\/2025\/12\/cq-bitcoin.webp\"  width=\"1920\" height=\"1096\" title=\"CryptoQuant \u65ad\u8a00\u300c\u718a\u5e02\u5df2\u81f3\u300d\uff01\u6bd4\u7279\u5e01\u9700\u6c42\u52a8\u80fd\u7184\u706b\uff0c\u6050\u56de\u6d4b 7 \u4e07\u7f8e\u5143\u63d2\u56fe1\" alt=\"CryptoQuant \u65ad\u8a00\u300c\u718a\u5e02\u5df2\u81f3\u300d\uff01\u6bd4\u7279\u5e01\u9700\u6c42\u52a8\u80fd\u7184\u706b\uff0c\u6050\u56de\u6d4b 7 \u4e07\u7f8e\u5143\u63d2\u56fe1\" \/><\/p>\n<p>\u9488\u5bf9\u5e02\u573a\u5173\u5fc3\u7684\u65f6\u95f4\u70b9\uff0cCryptoQuant \u7814\u7a76\u4e3b\u7ba1 Julio Moreno \u900f\u9732\uff1a\u300c\u56de\u8c03\u81f3 7 \u4e07\u7f8e\u5143\u53ef\u80fd\u5728\u672a\u6765 3 \u81f3 6 \u4e2a\u6708\u5185\u53d1\u751f\uff1b\u81f3\u4e8e 5.6 \u4e07\u7f8e\u5143\u7684\u66f4\u6df1\u8dcc\u5e45\uff0c\u82e5\u771f\u7684\u53d1\u751f\uff0c\u5219\u53ef\u80fd\u843d\u5728 2026 \u5e74\u4e0b\u534a\u5e74\u3002\u300d<\/p>\n<p>\u4ed6\u66f4\u8865\u5145\uff0c\u8fd9\u6ce2\u718a\u5e02\u5b9e\u9645\u4e0a\u59cb\u4e8e\u4eca\u5e74 11 \u6708\u4e2d\u65ec\uff0c\u4e5f\u5c31\u662f 10 \u6708 10 \u65e5\u52a0\u5bc6\u8d27\u5e01\u53f2\u4e0a\u6700\u5927\u89c4\u6a21\u7684\u6e05\u7b97\u4e8b\u4ef6\u4e4b\u540e\u3002<\/p>\n<h3><strong>3 \u5927\u6570\u636e\u8bc1\u5b9e\uff1a\u8d44\u91d1\u6b63\u5728\u64a4\u9000<\/strong><\/h3>\n<p>CryptoQuant \u5217\u4e3e\u4e86 3 \u9879\u5173\u952e\u6570\u636e\uff0c\u4f50\u8bc1\u300c\u718a\u5e02\u5df2\u7ecf\u5230\u6765\u300d\u7684\u89c2\u70b9\uff1a<\/p>\n<p><strong>1 \u3001 ETF \u8f6c\u4e3a\u51c0\u5356\u5bb6\uff1a<\/strong> 2025 \u5e74\u7b2c 4 \u5b63\uff0c\u7f8e\u56fd\u6bd4\u7279\u5e01\u73b0\u8d27 ETF \u5df2\u8f6c\u4e3a\u300c\u51c0\u6d41\u51fa\u300d\u72b6\u6001\uff0c\u6301\u6709\u91cf\u51cf\u5c11\u7ea6 24,000 \u679a\u6bd4\u7279\u5e01\uff0c\u4e0e\u53bb\u5e74\u540c\u671f\u7684\u5f3a\u52b2\u4e70\u76d8\u5f62\u6210\u5f3a\u70c8\u5bf9\u6bd4\u3002<\/p>\n<p><strong>2 \u3001 \u5927\u6237\u7f29\u624b\uff1a<\/strong>\u6301\u6709 100 \u81f3 1,000 \u679a\u6bd4\u7279\u5e01\u7684\u5730\u5740\uff08\u5305\u542b ETF \u548c\u4f01\u4e1a\uff09\u589e\u957f\u901f\u5ea6\u4f4e\u4e8e\u8d8b\u52bf\u7ebf\uff0c\u8fd9\u79cd\u9700\u6c42\u6076\u5316\u7684\u8ff9\u8c61\u4e0e 2021 \u5e74\u5e95\u3001\u4e5f\u5c31\u662f 2022 \u5e74\u5927\u718a\u5e02\u524d\u5915\u5982\u51fa\u4e00\u5f7b\u3002<\/p>\n<p><strong>3 \u3001 \u884d\u751f\u54c1\u964d\u6e29\uff1a<\/strong>\u6c38\u7eed\u5408\u7ea6\u7684\u8d44\u91d1\u8d39\u7387\uff08Funding Rates\uff09\uff08\u4ee5 365 \u65e5\u79fb\u52a8\u5e73\u5747\u7ebf\u8ba1\u7b97\uff09\u5df2\u964d\u81f3 2023 \u5e74 12 \u6708\u4ee5\u6765\u7684\u6700\u4f4e\u70b9\u3002\u8d44\u91d1\u8d39\u7387\u4e0b\u964d\u901a\u5e38\u4ee3\u8868\u591a\u5934\u7ef4\u6301\u6760\u6746\u7684\u610f\u613f\u964d\u4f4e\uff0c\u8fd9\u662f\u5178\u578b\u7684\u718a\u5e02\u7279\u5f81\u3002\u6b64\u5916\uff0c\u5e01\u4ef7\u5df2\u8dcc\u7834 365 \u65e5\u79fb\u52a8\u5e73\u5747\u7ebf\uff0c\u8fd9\u6761\u7ebf\u5728\u6280\u672f\u5206\u6790\u4e0a\u5e38\u88ab\u89c6\u4e3a\u725b\u718a\u5206\u754c\u7ebf\u3002<\/p>\n<p>CryptoQuant \u66f4\u629b\u51fa\u4e86\u4e00\u4e2a\u98a0\u8986\u6027\u7684\u89c2\u70b9\uff1a\u300c\u9a71\u52a8\u6bd4\u7279\u5e01 4 \u5e74\u5468\u671f\u7684\u6838\u5fc3\u5f15\u64ce\u662f\u300e\u9700\u6c42\u5faa\u73af\u300f\uff0c\u800c\u975e\u300e\u51cf\u534a\u4e8b\u4ef6\u300f\u3002\u300d\u5f53\u9700\u6c42\u6210\u957f\u89e6\u9876\u5e76\u5f00\u59cb\u56de\u843d\u65f6\uff0c\u65e0\u8bba\u4f9b\u5e94\u7aef\u52a8\u6001\u5982\u4f55\uff0c\u718a\u5e02\u5f80\u5f80\u4f1a\u968f\u4e4b\u800c\u6765\u3002<\/p>\n<p>\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0cCryptoQuant \u7684\u60b2\u89c2\u8bba\u8c03\u4e0e\u8fd1\u671f\u534e\u5c14\u8857\u5927\u884c\u7684\u89c2\u70b9\u5f62\u6210\u5f3a\u70c8\u53cd\u5dee\uff0c\u5e02\u573a\u591a\u7a7a\u4ea4\u6218\u6fc0\u70c8\uff1a<\/p>\n<ul>\n<li><strong>\u82b1\u65d7\u96c6\u56e2\uff08Citigroup\uff09\uff1a<\/strong> \u57fa\u672c\u60c5\u5883\u9884\u6d4b\u6bd4\u7279\u5e01\u672a\u6765 12 \u4e2a\u6708\u5c06\u6da8\u5230 14.3 \u4e07\u7f8e\u5143\uff0c\u6700\u4e50\u89c2\u60c5\u5883\u5219\u4e0a\u770b 18.9 \u4e07\u7f8e\u5143\uff1b<\/li>\n<li><strong>\u6469\u6839\u5927\u901a\uff08JPMorgan\uff09\uff1a<\/strong> \u57fa\u4e8e\u9ec4\u91d1\u5bf9\u6bd4\u4f30\u503c\uff0c\u7ef4\u6301\u6bd4\u7279\u5e01\u4e0a\u770b 17 \u4e07\u7f8e\u5143\u7684\u89c2\u70b9\u3002<\/li>\n<li><strong>\u6e23\u6253\u94f6\u884c\uff08Standard Chartered\uff09\uff1a<\/strong>\u867d\u8f6c\u8d8b\u8c28\u614e\uff0c\u5c06\u6bd4\u7279\u5e01 2026 \u5e74\u76ee\u6807\u4ef7\u51cf\u534a\uff0c\u4f46\u4ecd\u7ef4\u6301\u5728 15 \u4e07\u7f8e\u5143\u3002<\/li>\n<li><strong>Bitwise\uff1a<\/strong>\u575a\u4fe1\u6bd4\u7279\u5e01 2026 \u5e74\u5c06\u518d\u521b\u5386\u53f2\u65b0\u9ad8\u3002<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u94fe\u4e0a\u6570\u636e\u5206\u6790\u516c\u53f8 CryptoQuant \u793a\u8b66\uff0c\u7531\u4e8e\u6bd4\u7279\u5e01\u9700\u6c42\u52a8\u80fd\u660e\u663e\u8f6c\u5f31\uff0c\u52a0\u5bc6\u8d27\u5e01\u6050\u6015\u5df2\u6b65\u5165\u718a\u5e02\uff0c\u540e\u7eed\u4e0b\u8dcc\u98ce [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":793,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-792","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\/792","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=792"}],"version-history":[{"count":0,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts\/792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/media\/793"}],"wp:attachment":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}