比特幣Sharpe比率接近零,風險回報信號出現




比特幣的夏普比率接近零,罕見的風險回報信號

比特幣的夏普比率已降至接近零,這一數值與2019年、2020年和2022年市場底部的水平相符,因為在歷史性波動中,8%的比特幣在鏈上移動。

根據CryptoQuant分析師I. Moreno的說法,比特幣現在進入了與2019年、2020年和2022年相似的區域,當時該比率在“結構性低迷水平”徘徊,隨後出現了新的多月趨勢。

> “這並不保證會出現底部,但它確實表明,未來回報的質量開始改善,只要市場穩定,波動性開始正常化。”

夏普比率衡量回報與風險的關係。當它接近零時,意味著比特幣相對於其波動性提供的回報較差,這創造了更好的投資環境。

比特幣夏普比率可能暗示聰明資金的進入

歷史上,低夏普比率的時期通常預示著新的長期上漲趨勢的到來,因為“聰明資金”進入市場,風險與回報的平衡改善。這與在市場狂熱高峰期間購買的情況正好相反,當時夏普比率較高。

該比率在2024年初飆升至50,當時市場上漲,比特幣首次突破73,000美元。

然而,分析師警告說,趨勢恢復尚未顯現。

> “比特幣尚未發出趨勢恢復的信號,但它顯示出風險調整後的環境對未來回報變得更加吸引。”

不尋常的大額比特幣轉移標誌著鏈上歷史性的一周

根據Glassnode的鏈上數據,過去一周內超過8%的比特幣被移動。這在過去七年中僅發生過兩次,分別是在2018年12月和2020年3月的熊市期間。

“這使得最近的下跌成為比特幣歷史上最重要的鏈上事件之一,”Semler Scientific的比特幣策略主管Joe Burnett評論道。

在短短10天內,比特幣暴跌了23%,即超過24,000美元,最低點約為82,000美元。此後,它稍微回升,在週一晚間觸及89,000美元。

在當前的市場環境中,比特幣的夏普比率接近零,這引發了投資者的關注。這一指標的變化可能預示著市場即將進入一個新的階段,尤其是在經歷了劇烈波動之後。投資者應該特別注意市場的穩定性和波動性的變化,因為這將直接影響未來的回報潛力。

此外,大額比特幣轉移的發生也反映出市場參與者的行為變化,這可能是投資者在重新評估風險和回報之際所做出的決策。這些動態不僅影響比特幣的短期價格走勢,也可能對整個加密貨幣市場的信心與流動性產生深遠影響。因此,投資者應保持警惕,密切關注市場的進一步發展。

以上文章由特價GPT API KEY所翻譯及撰寫。而圖片則由FLUX根據內容自動生成。

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{
"intro": "Create an ultra realistic 8K UHD DSLR photo based on the attached image as a reference of facial features, maintaining 100% likeness.",

"subject": {
"identity": "A stylish beautiful woman portrayed as Cleopatra during her sacred milk bath beauty ritual, embodying divine femininity, sensual elegance, and timeless power.",
"angle": "Close-up beauty editorial captured at a refined 3/4 angle, focusing on her face, shoulders, and upper chest with extreme clarity and no blur.",
"pose": {
"body_position": "She is partially submerged in a luxurious milk bath, her shoulders and collarbones emerging gracefully from the surface.",
"hands": "One hand gently rests at the edge of the bath with milk droplets on her fingers, while the other lightly touches her neck adorned with subtle gold jewelry.",
"expression": "Soft yet commanding gaze directed toward the camera—calm, confident, intimate, and hypnotic."
}
},

"appearance": {
"outfit": "A barely-there, ritual-style ivory silk drape partially submerged in the milk bath, clinging softly to her skin. The fabric is delicate and translucent, edged with fine gold-thread embroidery for a sensual, sacred aesthetic.",
"accessories": "Minimal ritual jewelry—thin gold collar necklace resting above the milk surface, delicate arm cuff, subtle finger ring—kept refined to maintain focus on beauty and skin.",
"hair": "Her hair is sleek and ritual-polished, partially damp and slicked back at the crown, with soft wet strands framing her face naturally, reflecting candlelight.",
"makeup": "High-fashion Cleopatra beauty makeup with ceremonial artistry—perfectly sculpted brows, elongated black kohl eyeliner, vibrant eyeshadow layered in turquoise, teal, emerald, sapphire blue, and metallic gold. Beneath the eyes, subtle artistic ink-inspired accents echo ancient Egyptian symbolism. Her skin is luminous and dewy, cheeks softly flushed, and lips finished in a nude-rose satin sheen."
},

"ritual_props": {
"bath": "A carved alabaster bathtub filled with warm milk infused with honey, almond oil, and lotus essence.",
"floating_elements": [
"Fresh lotus flowers",
"Soft white rose petals",
"Delicate gold flakes shimmering on the milk surface"
],
"beauty_products": [
"Small golden perfume vial with lotus and myrrh oil",
"Alabaster bowl of honey and milk mixture",
"Clay jar of mineral kohl and pigment powders"
]
},

"background": {
"macro_environment": "An intimate royal bathing chamber within Cleopatra’s palace, designed as a sacred beauty sanctuary.",
"midground_details": "Soft linen curtains, glowing oil lamps, tall candles, and subtle steam rising from the bath, creating a warm and sensual atmosphere.",
"micro_elements": "Milk ripples around her skin, floating petals touching her shoulders, tiny droplets of moisture on her collarbones, reflections of candle flames on gold jewelry, visible stone texture on the tub, and delicate fabric translucency—every detail sharply rendered with zero blur."
},

"lighting": {
"type": "Warm cinematic candlelight combined with soft ambient palace glow.",
"effect": "Golden highlights sculpt her face and skin while gentle shadows enhance depth, intimacy, and divine beauty."
},

"camera": {
"camera_type": "DSLR",
"resolution": "8K UHD",
"lens": "85mm prime lens for beauty editorial compression",
"aperture": "f/8 for maximum facial and detail sharpness",
"iso": 100,
"shutter_speed": "1/160s",
"focus": "Extreme sharp focus on facial features, skin texture, makeup details, and milk surface, no bokeh, no blur"
},

"style": "Luxury beauty editorial, sacred milk bath ritual, ancient Egyptian goddess realism, intimate yet powerful, ultra-detailed, luminous skin focus, cinematic elegance"
} A futuristic humanoid male with eyes closed, illuminated by glowing turquoise bio-energy lines flowing across his face, hair, and upper body. Ultra-detailed anatomical light patterns resembling neural circuits and energy veins. Soft volumetric rim-lighting, dark sci-fi background, ethereal glow, hyper-realistic skin texture, holographic aura. High-definition digital art, surreal yet serene expression, sleek hair highlighted by luminous strands. Cinematic lighting, 8K resolution, ultra-sharp, moody and atmospheric composition. Create a hyper-realistic 8K close-up body portrait of a male model, using the uploaded photo as the exact facial reference. Maintain 100% accuracy of the facial features — do not alter or modify any aspect of the face. Render the skin texture, lighting, and overall composition with photo-realistic detail, ensuring lifelike color tones and natural depth of field. A man with his original hairstyle, he is standing confidently, hands in his pockets, looking directly at the camera. He is wearing a simple, light beige crew-neck sweater and dark trousers.
He is positioned between two decorated Christmas trees. The tree to his left is adorned with gold and white ornaments and warm lights, with wrapped red and gold gifts visible at its base. The tree to his right is decorated with red and gold ornaments. The background shows a warm, indoor setting, likely a home, with soft lighting, creating a festive and inviting atmosphere. The overall impression is one of relaxed holiday cheer.