市场发布2026 年 7 月 10 日 CryptoQuant 的最新分析报告称,比特币价格上涨得益于美国鲸鱼将 Coinbase 溢价推升至关键趋势线之上。 新的分析称,比特币 (BTC) 的需求变化是价格反弹至 64,000 美元的“幕后黑手”。 新的比特币价格分析表明,美国鲸鱼是最新一波比特币价格下跌的幕后黑手。 Coinbase 溢价高于 14 天移动均线,这是强势的关键标志。 Bitcoin Suisse 的研究表明,本周市场“发生了一些变化”。 尽管趋势线回升,比特币 Coinbase 溢价仍为负值 在周五的一篇博客文章中,链上分析平台 CryptoQuant 将比特币 7 月的上涨归因于美国的鲸鱼。 具体来说,Coinbase 溢价(Coinbase 和 Binance 的 BTC/USDT 货币对之间的价格差异)正显示出买方势头“恢复强劲”的早期迹象。 “BTC 和 ETH 的 Coinbase 溢价指数仍处于负值区域,但两者均已从当地低点反弹,”撰稿人 Burak Kesmeci 写道。
“最重要的是,这两个指标都成功恢复了 SMA14。这就是比特币从 58K 上涨到 64K,以及以太坊从 1,500 美元上涨到 1,750 美元的原因。” 比特币 Coinbase 溢价指数与 14 天 SMA。来源:CryptoQuant Kesmeci 提到了 Coinbase 溢价指数的 14 天简单移动平均线。正如 报道的那样,该指数在 2026 年的大部分时间里都处于负值区域,这意味着大型和小型投资者对美国最大的加密货币交易所的需求疲软。 “美国鲸鱼活动再次被证明是趋势方向的领先数据点。短期、中期和长期的政权转变都可以通过这个指标来解读,”凯斯梅奇继续说道。 根据 CryptoQuant 数据,该指数目前为 -0.08,上次在每日时间范围内转为正值是在两个多月前。 凯斯梅奇总结道:“目前的情况是短期反弹的催化剂,但对于真正的长期政权更迭,这一指标需要突破零。” Bitcoin Suisse:“底部信号框架闪烁” 据 报道,机构需求也受到市场参与者的关注。
相关:分析称“教科书式比特币底部”正在形成,比特币投机者成为焦点 美国现货比特币交易所交易基金 (ETF) 在创纪录的 27 亿美元连跌后首次出现净流入。 尽管如此,英国投资公司 Farside Investors 的数据显示,即使是小幅比特币价格变动,投资者情绪仍然敏感。 周四,连续第三天净流出总额达 9530 万美元。 美国现货比特币 ETF 净流量(屏幕截图)。资料来源:Farside 投资者 加密货币金融提供商 Bitcoin Suisse 在分析一篮子指标时将 ETF 流量数据纳入其中,作为市场现状发生变化的一个信号。 “ETF 连续八周流出。比特币处于 21 个月低点。本周,情况发生了变化,”该公司在周五的一条帖子中告诉 X 关注者。 瑞士比特币描述了“底部信号框架闪烁”,而加密货币恐惧与贪婪指数仍处于最低的“极端贪婪”区域。
本文根据 的编辑政策制作,仅供参考。它不构成投资建议或推荐。所有投资和交易均存在风险;鼓励读者进行独立研究。 比特币价格 市场分析 币库 鲸鱼 比特币
MarketsPublishedJul 10, 2026
Bitcoin price gains came thanks to US whales propeling the Coinbase Premium above a key trend line, new analysis from CryptoQuant reported.
Bitcoin (BTC) demand shifts are “behind” the price rebound to $64,000, new analysis claims.
Key points:
New Bitcoin price analysis says that US whales are behind the latest spate of BTC price relief.
The Coinbase Premium is above its 14-day moving average, a key sign of strength.
Research from Bitcoin Suisse suggests that "something changed" on the market this week.
Bitcoin Coinbase Premium still negative despite trend line reclaim
In a blog post on Friday, onchain analytics platform CryptoQuant attributed Bitcoin’s July upside to US-based whales.
Specifically, the Coinbase Premium — the difference in price between Coinbase’s and Binance’s BTC/USDT pairs — is showing early signs of buy-side momentum “regaining strength.”
“The Coinbase Premium Index for both BTC and ETH remains in negative territory, but both have bounced off their local lows,” contributor Burak Kesmeci wrote.
“On top of that, both metrics managed to reclaim their SMA14. This is what's behind Bitcoin's move from 58K to 64K, and Ethereum's rally from $1,500 to $1,750.”
Bitcoin Coinbase Premium Index with 14-day SMA. Source: CryptoQuant
Kesmeci referred to the Coinbase Premium Index’s 14-day simple moving average. As reported, the Index has spent much of 2026 in negative territory, implying weak demand from both large and small investors on the largest US crypto exchange.
“Once again, U.S. whale activity is proving to be the leading data point for trend direction. Short-, medium-, and long-term regime shifts can all be read through this metric,” Kesmeci continued.
The Index currently sits at -0.08, per CryptoQuant data, having last flipped positive on daily time frames more than two months ago.
“The current picture is a catalyst for a short-term bounce — but for a real long-term regime change, this metric needs to break above zero,” Kesmeci concluded.
Bitcoin Suisse: "Bottom signal framework flashing"
As reported, institutional demand is also on the radar for market participants.
Related: BTC speculators in focus as analysis says 'textbook Bitcoin bottom' is underway
The US spot Bitcoin exchange-traded funds (ETFs) saw their first net inflows after a record-breaking $2.7 billion losing streak.
Data from UK-based investment company Farside Investors nonetheless shows investor sentiment remains sensitive to even small BTC price moves.
On Thursday, a third straight day of net outflows totaled $95.3 million.
US spot Bitcoin ETF netflows (screenshot). Source: Farside Investors
Analyzing a basket of metrics, crypto finance provider Bitcoin Suisse included ETF flow data as one signal that the status quo on the market has changed.
“Eight weeks of ETF outflows. Bitcoin at a 21-month low. This week, something shifted,” it told X followers in a thread on Friday.
Bitcoin Suisse described a “bottom signal framework flashing” while the Crypto Fear & Greed Index remained in its lowest “extreme greed” zone.
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