{"id":764621,"date":"2026-04-19T08:13:11","date_gmt":"2026-04-19T00:13:11","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=764621"},"modified":"2026-04-19T08:13:11","modified_gmt":"2026-04-19T00:13:11","slug":"%e5%8e%9f%e6%b2%b9%e5%b8%82%e5%9c%ba%e5%86%8d%e7%8e%b0%e7%bb%9d%e5%a6%99%e6%8a%bc%e6%b3%a8-%e7%a5%9e%e7%a7%98%e7%a9%ba%e5%a4%b4%e5%8d%a1%e7%82%b9%e4%b8%8b%e5%8d%95-%e4%b8%80%e5%b0%8f","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=764621","title":{"rendered":"\u539f\u6cb9\u5e02\u573a\u518d\u73b0\u201c\u7edd\u5999\u201d\u62bc\u6ce8 \u795e\u79d8\u7a7a\u5934\u5361\u70b9\u4e0b\u5355 \u4e00\u5c0f\u65f6\u76c8\u52297000\u4e07\u7f8e\u5143"},"content":{"rendered":"<p>\u5c31\u5728<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%be%8e%e5%9b%bd\" title=\"View all posts in \u7f8e\u56fd\" target=\"_blank\" class=\"tag_link\">\u7f8e\u56fd<\/a>\u548c\u4f0a\u6717\u4e3a\u505c\u6218\u8c08\u5224\u6301\u7eed\u626f\u76ae\u4e4b\u9645\uff0c\u4e00\u5230\u91cd\u5927\u8282\u70b9\u5c31\u4f1a\u51fa\u73b0\u7684\u201c\u795e\u79d8\u5927\u5355\u201d\u518d\u5ea6\u964d\u4e34\u539f\u6cb9\u5e02\u573a\u3002<\/p>\n<p>\u636e\u5e02\u573a\u4ea4\u6613\u6570\u636e\u548c\u7814\u7a76\u673a\u6784The Kobeissi Letter\u6c47\u603b\uff0c<strong>\u7f8e\u56fd\u4e1c\u90e8\u65f6\u95f4\u5468\u4e94\u65e9\u66688\u70b924\u5206\uff0c\u539f\u6cb9\u5e02\u573a\u5728\u6ca1\u6709\u4efb\u4f55\u65b0\u95fb\u7684\u60c5\u51b5\u4e0b\u7a81\u7136\u653e\u91cf\uff0c\u77ed\u65f6\u95f4\u5185\u51fa\u73b0\u4ef7\u503c\u8fd18\u4ebf\u7f8e\u5143\u7684\u6210\u4ea4\uff0c\u540c\u65f6\u4f34\u968f\u7740\u4ef7\u683c\u8df3\u6c34\u3002<\/strong><\/p>\n<p><center><img src=\"https:\/\/np-newspic.dfcfw.com\/download\/D25062506175272891937_w1409h1157.jpg\" alt=\"\u539f\u6cb9\u5e02\u573a\u518d\u73b0\u201c\u7edd\u5999\u201d\u62bc\u6ce8 \u795e\u79d8\u7a7a\u5934\u5361\u70b9\u4e0b\u5355 \u4e00\u5c0f\u65f6\u76c8\u52297000\u4e07\u7f8e\u5143\" style=\" display:block; margin-left:auto; margin-right:auto; \" \/><\/center><\/p>\n<p>\uff08\u6765\u6e90\uff1aThe Kobeissi Letter\uff09<\/p>\n<p>21\u5206\u949f\u540e\uff0c\u4f0a\u6717\u5916\u957f\u963f\u62c9\u683c\u5947\u5ba3\u5e03\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u5bf9\u6240\u6709\u5546\u8239\u201c\u5b8c\u5168\u5f00\u653e\u201d\u3002\u7f8e\u56fd\u603b\u7edf<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%89%b9%e6%9c%97%e6%99%ae\" title=\"View all posts in \u7279\u6717\u666e\" target=\"_blank\" class=\"tag_link\">\u7279\u6717\u666e<\/a>\u57289\u70b906\u5206\u53d1\u5e16\uff0c\u611f\u8c22\u4f0a\u6717\u91cd\u65b0\u5f00\u653e\u6d77\u5ce1\u3002<\/p>\n<p>\u52309\u70b910\u5206\uff0c\u7f8e\u56fdWTI\u539f\u6cb9<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1361\" data-code=\"90,BK1361\" rel=\"noopener\">\u671f\u8d27<\/a><\/span><span><\/span>\u4e00\u5ea6\u8dcc\u7a7f80\u7f8e\u5143\/\u6876\u5173\u53e3\u3002The Kobeissi Letter\u4f30\u7b97\u79f0\uff0c<strong>\u8fd9\u610f\u5473\u7740\u8fd9\u7b14\u4ea4\u6613\u5728\u4e0d\u5230\u4e00\u4e2a\u5c0f\u65f6\u91cc\u83b7\u52297000\u4e07\u7f8e\u5143<\/strong>\u3002\u8003\u8651\u5230\u6574\u4f53\u4e8b\u6001\u5728\u5468\u4e94\u508d\u665a\u5c31\u51fa\u73b0\u53cd\u8f6c\uff0c\u6240\u4ee5\u5177\u4f53\u7684\u76c8\u5229\u60c5\u51b5\u53d6\u51b3\u4e8e\u8fd9\u4e9b\u7a7a\u5355\u662f\u5426\u5df2\u7ecf\u5feb\u901f\u4e86\u7ed3\u3002<\/p>\n<p>\u4f5c\u4e3a\u524d\u60c5\u63d0\u8981\uff0c\u7c7b\u4f3c\u7684\u201c\u8e29\u70b9<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%81%9a%e7%a9%ba\" title=\"View all posts in \u505a\u7a7a\" target=\"_blank\" class=\"tag_link\">\u505a\u7a7a<\/a>\u201d\u5df2\u7ecf\u5728\u4e0d\u5230\u4e00\u4e2a\u6708\u5185\u51fa\u73b0\u8fc7\u4e24\u6b21\u3002<\/p>\n<p>\u6b64\u524d\u5728<strong>3\u670823\u65e5<\/strong>\u7279\u6717\u666e\u5ba3\u5e03\u63a8\u8fdf\u88ad\u51fb\u4f0a\u6717<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%83%bd%e6%ba%90\" title=\"View all posts in \u80fd\u6e90\" target=\"_blank\" class=\"tag_link\">\u80fd\u6e90<\/a>\u8bbe\u65bd\u524d\u4ec515\u5206\u949f\uff0c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u8005\u7a81\u7136\u629b\u552e\u4e865\u4ebf\u7f8e\u5143\u7684\u539f\u6cb9<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1361\" data-code=\"90,BK1361\">\u671f\u8d27<\/span>\uff0c\u6d88\u606f\u516c\u5e03\u540e\u6cb9\u4ef7\u66b4\u8dcc15%\u3002<\/p>\n<p>\u800c\u5728<strong>\u4e0a\u5468\u7279\u6717\u666e\u6536\u56de\u8981\u6467\u6bc1\u201c\u6574\u4e2a(\u4f0a\u6717)\u6587\u660e\u201d\u7684\u5a01\u80c1\uff0c\u5e76\u5ba3\u5e03\u8fbe\u6210\u4e24\u5468\u4e34\u65f6\u505c\u706b\u6570\u5c0f\u65f6\u524d<\/strong>\uff0c\u539f\u6cb9\u5e02\u573a\u7a81\u7136\u6d8c\u73b0\u7ea69.5\u4ebf\u7f8e\u5143\u7684\u4e00\u7b14\u5927\u989d\u62bc\u6ce8\uff0c\u8c6a\u8d4c\u6cb9\u4ef7\u4e0b\u8dcc\u3002<\/p>\n<p>\u8fd9\u6837\u7684\u60c5\u51b5\u4e5f\u4e0d\u53ea\u51fa\u73b0\u5728\u539f\u6cb9\u5e02\u573a\u3002<\/p>\n<p><span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK0830\" data-code=\"90,BK0830\" rel=\"noopener\">\u533a\u5757\u94fe<\/a><\/span><span><\/span>\u7814\u7a76\u516c\u53f8Bubblemaps\u79f0\uff0c\u9884\u6d4b\u5e02\u573aPolymarket\u6709\u4e09\u4e2a\u8d26\u6237\u56e0\u51c6\u786e\u62bc\u6ce8\u4e0a\u5468\u7f8e\u4f0a\u505c\u706b\uff0c\u83b7\u5229\u8d85\u8fc760\u4e07\u7f8e\u5143\u3002\u8be1\u5f02\u4e4b\u5904\u5728\u4e8e\uff0c\u8fd9\u4e09\u4e2a\u8d26\u6237\u96b6\u5c5e\u7684\u8d26\u6237\u96c6\u7fa4<strong>\u66fe\u6210\u529f\u62bc\u6ce8\u7f8e\u56fd\u4f1a\u57282\u6708\u7ed3\u675f\u524d\u653b\u51fb\u4f0a\u6717<\/strong>\uff08\u7f8e\u56fd\u548c\u4ee5\u8272\u5217\u57282\u670828\u65e5\uff0c\u4e5f\u5c31\u662f2\u6708\u7684\u6700\u540e\u4e00\u5929\u653b\u51fb\u4f0a\u6717\uff09\u3002\u5176\u4e2d\u8fd8\u6709\u4e00\u4e2a\u8d26\u6237<strong>\u66fe\u51c6\u786e\u62bc\u6ce8\u4ee5\u8272\u5217\u4f1a\u57282025\u5e746\u6708\u653b\u51fb\u4f0a\u6717<\/strong>\u3002<\/p>\n<p>\u518d\u5f80\u524d\u6570\uff0c\u4eca\u5e741\u6708Polymarket\u4e0a\u66fe\u6709\u4ea4\u6613\u8005\u5728\u7f8e\u519b\u7a81\u88ad\u59d4\u5185\u745e\u62c9\u524d\u7a81\u7136\u4e0b\u91cd\u6ce8\uff0c\u77ed\u77ed\u6570\u5c0f\u65f6\u4fbf\u51c0\u8d5a\u8d8540\u4e07\u7f8e\u5143\u3002<\/p>\n<p>\u9762\u5bf9\u5e02\u573a\u5e7f\u6cdb\u7684\u8d28\u7591\uff0c\u672c\u5468\u65e9\u4e9b\u65f6\u5019\u6709\u6d88\u606f\u79f0\uff0c\u7f8e\u56fd\u5546\u54c1<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1361\" data-code=\"90,BK1361\">\u671f\u8d27<\/span>\u4ea4\u6613\u59d4\u5458\u4f1a\uff08CFTC\uff09\u6b63\u5728\u8c03\u67e5\u4e00\u7cfb\u5217\u53ef\u7591\u4ea4\u6613\uff0c\u805a\u7126\u4e8e<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%8a%9d%e5%8a%a0%e5%93%a5\" title=\"View all posts in \u829d\u52a0\u54e5\" target=\"_blank\" class=\"tag_link\">\u829d\u52a0\u54e5<\/a>\u5546\u54c1\u4ea4\u6613\u6240\u96c6\u56e2\uff08CME Group\uff09\u548c<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/106.ICE\" data-code=\"106,ICE\" rel=\"noopener\">\u6d32\u9645\u4ea4\u6613\u6240<\/a><\/span><span><\/span>\uff08ICE\uff09\u5e73\u53f0\u4e0a\u7684\u539f\u6cb9\u671f\u8d27\u5408\u7ea6\u3002<\/p>\n<p>\u53e6\u636e\u77e5\u60c5\u4eba\u58eb\u79f0\uff0c\u767d\u5bab\u7ba1\u7406\u529e\u516c\u5ba4\u66fe\u57283\u6708\u5e95\u5411\u5168\u4f53\u5458\u5de5\u53d1\u9001\u8b66\u544a\u90ae\u4ef6\uff0c\u8981\u6c42\u5de5\u4f5c\u4eba\u5458\u4e0d\u8981\u5229\u7528\u5de5\u4f5c\u4e2d\u83b7\u5f97\u7684\u4fe1\u606f\u5728\u671f\u8d27\u5e02\u573a\u4e0b\u65f6\u673a\u7edd\u5999\u7684\u62bc\u6ce8\u3002<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/acttg.eastmoney.com\/pub\/xxlout_khmbdfcfappnew_random_0007467a\" rel=\"noopener\"><img src=\"https:\/\/np-newspic.dfcfw.com\/download\/D25437144255738497376_w690h389.jpg\" alt=\"\u539f\u6cb9\u5e02\u573a\u518d\u73b0\u201c\u7edd\u5999\u201d\u62bc\u6ce8 \u795e\u79d8\u7a7a\u5934\u5361\u70b9\u4e0b\u5355 \u4e00\u5c0f\u65f6\u76c8\u52297000\u4e07\u7f8e\u5143\" style=\" display:block; margin-left:auto; margin-right:auto; \" \/><\/a><\/p>\n<p>(\u6765\u6e90:\u5929\u5929\u57fa\u91d1\u7f51)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5c31\u5728\u7f8e\u56fd\u548c\u4f0a\u6717\u4e3a\u505c\u6218\u8c08\u5224\u6301\u7eed\u626f\u76ae\u4e4b\u9645\uff0c\u4e00\u5230\u91cd\u5927\u8282\u70b9\u5c31\u4f1a\u51fa\u73b0\u7684\u201c\u795e\u79d8\u5927\u5355\u201d\u518d\u5ea6\u964d\u4e34\u539f\u6cb9\u5e02\u573a\u3002 \u636e\u5e02\u573a\u4ea4\u6613\u6570\u636e\u548c\u7814 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[232],"tags":[368,173,241,79,367,29,70],"views":4,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/764621"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=764621"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/764621\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=764621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=764621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=764621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}