分析：BTC现货交易量回落至2023年7月熊市时期，卖压同步逐渐减弱
BlockBeats 消息，5 月 26 日，分析师 Darkfost 指出，比特币现货交易量自 2025 年 10 月以来暴跌 81%，已回落至 2023 年 7 月熊市时期的低迷水平。宏观环境仍对风险资产不利：通胀压力上升、美伊冲突持续超出预期，导致投资者转向大宗商品和传统股市而非加密市场，整体市场参与度显著降低。
尽管现货量大幅收缩，但交易活动低迷可能表明当前价格回调背后的卖压正在逐渐减弱。历史上 2023 年熊市结束前也出现过类似现货量崩盘，随后波动率回归并开启牛市反弹。投资者应耐心等待未来现货需求回暖以及杠杆需求上升，还需关注宏观信号与量能变化，以判断是否为新机会的酝酿阶段。
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