王峰:应将 ETH 的 α 视作 BTC 的 β 放大器,资金终将回流 BTC 以锁定利润

链捕手
Yesterday

ChainCatcher 消息,蓝港互动创始人王峰发推表示,近期 ETH 跑赢、BTC 横盘更多是叙事节奏差异,窗口期或短暂,投资者未必来得及完成仓位调整。

中长期来看,两者共享同一批宏观资金、同一套监管红利、同一条市值曲线。应将 ETH 的 α 视作 BTC 的 β 放大器,而非替代品。

"2017 年 ICO、2020 年 DeFi 都证明:ETH 越热,BTC 的“避险溢价”越高,BTC 是锚,ETH 是杠,大资金最后仍会回流 BTC 以锁定凯旋后的利润。"

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