CryptoQuant 分析师：BTC 未平仓净头寸转负，看跌压力创月内新高
Jul 25, 2025 15:09:10
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ChainCatcher 消息，CryptoQuant 分析师 Axel 发文称，比特币期货净持仓量（OI Net Position）已暴跌至深度负值区间，跌破 1 亿美元大关，创 7 月初以来最高看跌压力水平。
尽管市场面临空头打压，比特币价格仍维持在 11.5 万美元附近，显示部分买盘正在吸收抛压。Axel 表示，如此极端的负值持仓背离，或在价格反弹过程中引发空头挤压（short squeeze），但在未平仓合约维持当前高压区间的背景下，价格仍有进一步下行风险。
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