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colword.std
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回撤和波动,谁先扛不住 $BTC 七天最大回撤 3.3%,$ETH 4.6%。别小看这一个多点——加 3 倍杠杆就是 10% 和 14% 的差距,加 5 倍就是 16.5% vs 23%,后者离爆仓线更近。 波动率 $ETH 72% 显著高于 $BTC 57.4%。这意味着 $ETH 合约更容易被插针扫止损,做 $ETH 合约的容错空间更小。想做 $ETH 的话杠杆得比 $BTC 降一档才合理。 钱往哪边淌 持仓端净流入 $BTC +$6.87 亿 vs $ETH +$4.65 亿,$BTC 多吃了 $2.22 亿。9/19 那天两边同时放量,$ETH 单日 +$5.66 亿还超过 $BTC 的 +$4.60 亿,但 $ETH 中间有一天 -$2.81 亿的撤退,资金粘性不如 $BTC。 费率方面 $BTC 均值 0.0072% 全程为正且温和上升,$ETH 均值 0.0043% 还有两天的负费率——$ETH 的空头曾经抢过盘面但没守住,现在才刚转正。聪明钱用脚投票,$BTC 吃的份额更实。
colword.std
colword.std
BTC vs ETH earning ability comparison, $BTC won this round, but not comfortably Seven-day returns: $BTC +2.96% vs $ETH +2.87%, a difference of less than one point. Normally, this gap can be ignored, but in terms of risk-adjusted performance, $BTC's Sharpe ratio of 3.33 outperforms $ETH's 2.69 by a clear margin. "Did Vega's face get open-sourced?" — This week, the trends of $BTC and $ETH were exactly the same. $BTC's face looks like it was open-sourced, and $ETH copied a V-shaped rebound, but $ETH's drawdown was larger and volatility more intense, making the copy less graceful. $BTC vs $ETH seven-day showdown Both followed the same script: bottomed and rebounded on 9/15, surged on 9/18-19, and slightly pulled back on 9/20. $BTC rose from $74,909 to $81,934 then retreated to $80,466; $ETH bounced from $2,357 to $2,669 then shrank to $2,586. Return rate: $BTC +2.96% slightly beats $ETH +2.87%, but the real gap is in Sharpe ratios: $BTC 3.33 vs $ETH 2.69. Earning the same point, $ETH paid nearly 30% more in volatility cost.

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