摩根大通（JPMorgan）分析师 Nikolaos Panigirtzoglou 团队发布报告指出，随着现货 ETF 的资金流出放 缓，加密货币市场的抛售潮可能已接近底部。报告分析称，尽管近期市场经历了剧烈波动，但芝加哥商 品交易所（CME）比特币期货的持仓数据并未显示出明显的去杠杆迹象，暗示机构投资者并未大规模 撤退。摩根大通认为，如果 ETF 流出趋势持续改善，市场有望在短期内企稳反弹，但需密切关注宏观 经济数据的变化。(CoinDesk) （来源：吴说） ...

Group 1 - The core viewpoint of the news is the decline in the prices of Bitcoin and Ethereum futures contracts on the CME as of December 24, with Bitcoin down 0.33% to $87,400 and Ethereum down 0.99% to $2,942.50 [1] Group 2 - CME Bitcoin futures main contract decreased by 0.33% compared to the previous day [1] - CME Ethereum futures main contract fell by 0.99% compared to the previous day [1]

每经AI快讯，周二（12月23日）纽约尾盘，CME比特币期货BTC主力合约较周一纽约尾盘跌0.75%，报 87730美元。CME以太币期货DCR主力合约跌0.55%，报2970.50美元。 （文章来源：每日经济新闻） ...

12月23日，近期加密货币市场格局发生显著更替，FPG财盛国际观察到，长期占据比特币期货持仓量 （OI）榜首的芝商所（CME）已被币安超越。根据最新统计数据显示，币安目前的比特币期货持仓量 已攀升至约 12.5 万枚 BTC，名义价值高达 112 亿美元。相比之下，CME 的持仓规模则回落至 12.3 万 枚 BTC 附近，降至 2024 年 2 月以来的阶段性低点。这一易主现象反映出，在现货与期货价差持续收窄 的背景下，机构投资者的配置重心正在发生转移。 CME 持仓量的下滑主要受基差交易（Basis Trade）获利空间收缩的影响。在今年年初，CME 的持仓量 曾一度维持在 17.5 万枚 BTC 的高位，但随着市场套利效率的提升，通过"买入现货、卖出期货"来锁定 价差收益的策略回报率大幅下降。FPG财盛国际表示，数据显示，去年的年化基差率在市场情绪高涨时 曾触及 15%，而目前这一指标已萎缩至 5% 左右。FPG财盛国际认为，这种套利收益的稀释直接削弱了 传统金融机构参与 CME 期货市场的动力，导致原本沉淀在合规杠杆市场的资金出现流出。 与此同时，零售交易者活跃的平台表现出更强的粘性。由于币安的参与者 ...

（文章来源：每日经济新闻） 每经AI快讯，周四（12月11日）纽约尾盘，CME比特币期货BTC主力合约较周三纽约尾盘涨0.78%，报 93510美元。CME以太币期货DCR主力合约跌2.56%，报3277美元。 ...

每经AI快讯，周三（12月10日）纽约尾盘，CME比特币期货BTC主力合约较周二纽约尾盘跌0.63%，报 92755美元。CME以太币期货DCR主力合约涨0.82%，报3364.50美元。 （文章来源：每日经济新闻） ...

我有一间十二平方米的办公室，朝北。里面有一把皮质稍有磨损的摇椅，扶手处磨出了金属底色。办公 桌上摆着一个会自动报时的电子钟，每到整点它就用冰冷的机械女声播报时间。这些物件已经跟随我十 五年，从郑州商品交易所旁的老楼，到陆家嘴的高层，再到这间家庭办公室。 每天上午八点半，我会完成一套固定程序：二十分钟的拉伸，一次不超过十分钟的温水淋浴，面向东方 静立片刻（这只是一种很好的静心方式）。然后，我会从书架上抽出一本边角已经卷起的《孙子兵 法》，读任意一页。九点整，电子钟报时，我坐进那把摇椅，面对六块亮起的屏幕。 这是我的"战斗"仪式。而教会我建立这种仪式的，是二十五年前一位从未露面的老师——《华尔街幽 灵》的作者。2023年春天，当伦镍以史诗级逼空行情撕裂市场时，我无数次翻开这本薄薄的册子。摇椅 吱呀作响，电子钟准点报时，但屏幕上的世界，早已不是"幽灵"所描述的模样。 规则一：当"立即正确"成为不可能的任务 "只持有正确的仓位。"我在交易日志的扉页用红笔抄写着"幽灵"的第一法则。2008年刚入行时，这句话 是我的"圣经"。那时的市场简单得多：早盘开市，午盘休息，下午收盘。一个基于日线突破的头寸，通 常会在两三天内给出 ...

The Chicago Mercantile Exchange faced one of its most disruptive trading incidents in years after a cooling failure at a major Illinois data center forced a halt that stretched for roughly 10 hours, freezing markets across multiple regions and igniting accusations of manipulation from frustrated traders. CME confirmed that trading stopped because of a cooling system malfunction at the CyrusOne-operated facility in Aurora, a site that has served as the backbone of CME’s Globex electronic markets for nearly ...

Group 1 - The core viewpoint indicates a decline in cryptocurrency futures, with Bitcoin and Ethereum experiencing significant weekly losses [1][2] Group 2 - CME Bitcoin futures main contract fell by 1.38% to $85,245, marking a weekly decline of 9.52% [1] - CME Ethereum futures main contract decreased by 4.04% to $2,772, with a weekly drop of 11.62% [1]

Core Viewpoint - The recent Bitcoin crash is attributed to a combination of factors rather than a sudden attack from short sellers, indicating that the bubble was bound to burst eventually [8] Group 1: Market Dynamics - Bitcoin experienced a dramatic decline from a peak of $126,000 to a low of $89,385 within 72 hours, representing a nearly 30% drop and erasing approximately $400 billion in market value [6][28] - The decline was exacerbated by a high leverage environment in the derivatives market, leading to forced liquidations of long positions when Bitcoin fell below critical support levels [17][20] Group 2: Economic Influences - The Federal Reserve's decision to maintain high interest rates (5.5%-5.75%) in response to persistent inflation (4.2% year-on-year in October) has made riskier assets like Bitcoin less attractive compared to safer investments like government bonds [11][13] - Institutional investors, as indicated by the decline in the Grayscale Bitcoin Trust's premium from 18% to -5%, have been pulling out of Bitcoin, signaling a lack of confidence in the asset [15][28] Group 3: Investor Behavior - Long-term investors have been selling off their Bitcoin holdings, with over 127,000 Bitcoins sold in the first two weeks of November, resulting in cashing out over $15 billion [28] - The correlation between Bitcoin and the Nasdaq index has reached 0.82, suggesting that Bitcoin is behaving more like a tech stock rather than a hedge against inflation [24]