比特币逼近75,000美元关口:空头平仓主导上涨,美联储决议成焦点

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Gate News 消息,3 月 17 日,在美联储利率决议公布前夕,比特币一度触及75,912美元高位,随后回落至74,372美元附近,显示关键阻力区间上方抛压仍存。尽管日内波动有限,但周线表现较为强劲,主流加密资产近七日普遍录得明显涨幅。

市场分析认为,本轮上涨主要由衍生品市场结构变化驱动,而非新增现货资金入场。大量60,000美元看跌期权平仓,使做市商被动买入现货以对冲风险,从而推高价格。不过,当价格跌回74,400美元下方时,买盘意愿有所减弱,该区间此前曾长期充当支撑位。

从板块表现来看,以太坊近一周上涨约13.3%至2,316美元,XRP上涨约11%,Solana上涨约9.7%,Dogecoin上涨约9.5%,BNB上涨约5%,显示市场风险偏好短期回暖。

与此同时,机构资金流入仍在提供支撑。数据显示,美国现货比特币ETF上周净流入约7.67亿美元,已连续第三周实现正流入,反映出资金面出现修复迹象。分析人士指出,这类持续性资金回流,有助于改善市场结构,但能否延续仍需观察。

值得关注的是,比特币与黄金的相关性正在发生变化。过去数月两者走势由负相关转为正相关,市场对“数字黄金”逻辑的讨论再度升温。自3月初以来,比特币表现已明显强于黄金。

宏观层面,美联储会议成为当前最大变量。市场普遍预计利率将维持在3.5%至3.75%区间,但真正影响市场的仍是点阵图及主席Jerome Powell的表态。在油价维持高位与就业数据走弱的背景下,政策路径的不确定性仍然存在。

分析认为,若缺乏新的基本面催化,本轮由空头回补推动的上涨或难以持续,后续走势将取决于宏观信号与资金流动变化。

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