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比波动与夏普 $ETH 年化波动 26.1%,是 $BTC 11.5% 的两倍还多——波动大,是坏事也是好事。坏在心脏受不了,好在这种弹性意味着做对方向时它跑得比 $BTC 快。夏普 -5.21 vs -17.63,意思就是同样的下跌风险,$ETH 每承担一单位风险亏的钱比 $BTC 少一截,风险调整后 $ETH 就是更抗造的那个。 比资金吸引力 资金费率两边都不便宜:$BTC 0.0068%、$ETH 0.0060%,多头都在给空头递烟。但注意这周 $ETH 费率从 0.0019% 爬到 0.0093%,增速比 $BTC 猛——钱正在往 $ETH 挪。叠加质押量 4170 万枚创历史新高的背景,$ETH 的筹码锁定效应在加强,$BTC 这边 ETF 吸金 9.3 亿刀都推不动价格,聪明钱在换边站。
colword.std
colword.std
$BTC vs $ETH One-Week Earning Ability Comparison In this round, $ETH has thoroughly outperformed $BTC, no denying it. Over the past 7 days, $BTC dropped 3.31%, while $ETH only fell 2.26%. Both lost money, but $ETH lost with more dignity—after bottoming out on 8/10, it climbed steadily for three consecutive days, whereas $BTC was still struggling in the mud. The Sharpe ratio crushes it: $BTC at -17.63 means "money spent, pain endured," while $ETH at -5.21 is at least "a loss with value." In short: this round is about who can endure better, and $ETH wins. Comparing Returns and Drawdowns Looking at the curves: on 8/9, both took a dive, with $ETH falling harder than $BTC (97.45 vs 98.58), but after hitting a solid bottom at 1852 on 8/10, $ETH immediately bounced back, recovering 1.5% in one day on 8/11; $BTC? It kept sliding down, hitting a 7-day low on 8/13. Drawdowns are roughly the same (3.4% vs 3.3%), but "falling and bouncing back" versus "falling and staying down" are two different species.

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