<p>D&#7919; li&#7879;u g&#7847;n &#273;&acirc;y t&#7915; th&#7883; tr&#432;&#7901;ng quy&#7873;n ch&#7885;n Bitcoin cho th&#7845;y kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#273;&#7863;t c&#432;&#7907;c v&agrave;o vi&#7879;c gi&aacute; gi&#7843;m &#273;&atilde; t&#259;ng &#273;&aacute;ng k&#7875; trong 24 gi&#7901; qua.</p>
<p><a href="https://x.com/GreeksLive/status/1978662253076578347" target="_blank" rel="noreferrer noopener">Greeks.live</a>, m&#7897;t c&ocirc;ng ty ph&acirc;n t&iacute;ch quy&#7873;n ch&#7885;n ti&#7873;n &#273;i&#7879;n t&#7917;, &#273;&atilde; ghi nh&#7853;n m&#7897;t xu h&#432;&#7899;ng &#273;&aacute;ng ch&uacute; &yacute;. M&#7897;t b&agrave;i &#273;&#259;ng tr&ecirc;n X v&agrave;o th&#7913; N&#259;m cho th&#7845;y h&#417;n 1,15 t&#7927; USD &#273;&atilde; &#273;&#7893; v&agrave;o c&aacute;c quy&#7873;n ch&#7885;n b&aacute;n <a href="https://vn.beincrypto.com/bitcoin-option-investors-remain-cautious/" target="_blank" rel="noreferrer noopener">out-of-the-money (OTM)</a>.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-key-data-points-to-a-growing-bearish-sentiment">D&#7919; li&#7879;u ch&iacute;nh ch&#7881; ra t&acirc;m l&yacute; gi&#7843;m gi&aacute; &#273;ang gia t&#259;ng</h2>

<p>C&ocirc;ng ty gi&#7843;i th&iacute;ch r&#7857;ng c&aacute;c c&#432;&#7907;c gi&#7843;m gi&aacute; &#273;&atilde; t&#259;ng &#273;&aacute;ng k&#7875; trong 24 gi&#7901; qua, v&#7899;i 28% t&#7893;ng kh&#7889;i l&#432;&#7907;ng quy&#7873;n ch&#7885;n &#273;&#7893; v&agrave;o c&aacute;c quy&#7873;n ch&#7885;n b&aacute;n OTM. Quy&#7873;n ch&#7885;n b&aacute;n OTM l&agrave; c&aacute;c v&#7883; th&#7871; &#273;&#7847;u c&#417; cao, c&oacute; l&#7907;i khi gi&aacute; t&agrave;i s&#7843;n gi&#7843;m m&#7841;nh trong t&#432;&#417;ng lai.</p>
<img style="height:400px;width:640px;" decoding="async" alt="" class="wp-image-761569 lazy" loading="lazy" src="https://assets.beincrypto.com/img/xAgYugmId-9h-2BsGfXJ57FbPiA=/smart/265650b4b2354bc5a0a2adf6ccc50be9">D&ograve;ng ch&#7843;y quy&#7873;n ch&#7885;n BTC-16/10/2025. Ngu&#7891;n: Greeks.live

<p>&#272;&#7897; bi&#7871;n &#273;&#7897;ng ng&#7909; &yacute; c&#7911;a h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n &#273;&atilde; tr&#7903; n&ecirc;n ti&ecirc;u c&#7921;c h&#417;n trong tu&#7847;n n&agrave;y. N&oacute; &#273;&atilde; &#273;&#7841;t &#273;&#7871;n m&#7913;c t&#432;&#417;ng t&#7921; nh&#432; ng&agrave;y 11/10, m&#7897;t ng&agrave;y sau khi x&#7843;y ra <a href="https://vn.beincrypto.com/binance-black-friday-crypto-crash-support-fund/" target="_blank" rel="noreferrer noopener">s&#7921; c&#7889; th&#7883; tr&#432;&#7901;ng l&#7899;n</a>.</p>
<p>Greeks.live l&#432;u &yacute; r&#7857;ng th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; &#273;&atilde; tr&#7843;i qua s&#7921; bi&#7871;n &#273;&#7897;ng c&#7921;c &#273;&#7897; k&#7875; t&#7915; khi tin t&#7913;c v&#7873; cu&#7897;c chi&#7871;n thu&#7871; quan c&#7911;a T&#7893;ng th&#7889;ng Trump b&ugrave;ng n&#7893; v&agrave;o th&#7913; S&aacute;u tu&#7847;n tr&#432;&#7899;c, g&acirc;y ra s&#7921; dao &#273;&#7897;ng nhanh ch&oacute;ng gi&#7919;a t&acirc;m l&yacute; t&#259;ng v&agrave; gi&#7843;m gi&aacute;. C&ocirc;ng ty tin r&#7857;ng s&#7921; t&#7853;p trung c&#7911;a th&#7883; tr&#432;&#7901;ng &#273;ang chuy&#7875;n h&#432;&#7899;ng sang tri&#7875;n v&#7885;ng gi&#7843;m gi&aacute;.</p>
<p>Xu h&#432;&#7899;ng n&agrave;y trong th&#7883; tr&#432;&#7901;ng quy&#7873;n ch&#7885;n cho th&#7845;y r&#7857;ng c&aacute;c nh&agrave; cung c&#7845;p thanh kho&#7843;n quy m&ocirc; l&#7899;n v&agrave; c&aacute;c nh&agrave; t&#7841;o l&#7853;p th&#7883; tr&#432;&#7901;ng &#273;ang &#273;&#7883;nh gi&aacute; r&#7911;i ro &#273;&aacute;ng k&#7875; v&#7873; vi&#7879;c gi&aacute; gi&#7843;m. M&#7863;c d&ugrave; xu h&#432;&#7899;ng k&#7929; thu&#7853;t c&#7911;a Bitcoin v&#7851;n c&ograve;n nguy&ecirc;n v&#7865;n, Greeks.live khuy&#7871;n ngh&#7883; mua quy&#7873;n ch&#7885;n b&aacute;n nh&#432; m&#7897;t c&ocirc;ng c&#7909; ph&ograve;ng ng&#7915;a r&#7911;i ro ph&ugrave; h&#7907;p trong t&igrave;nh h&igrave;nh hi&#7879;n t&#7841;i.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-on-chain-data-echoes-bearish-signs">D&#7919; li&#7879;u on-chain vang v&#7885;ng d&#7845;u hi&#7879;u gi&#7843;m gi&aacute;</h2>

<p>Nh&agrave; ph&acirc;n t&iacute;ch CryptoQuant <a href="https://cryptoquant.com/ko/insights/quicktake/68efc236e2ccc51043591d55-Stablecoin-Flows-Tell-the-Real-Story?utm_campaign=quicktake&amp;utm_content=teddy-vision&amp;utm_medium=sns&amp;utm_source=twitter" target="_blank" rel="noreferrer noopener">TeddyVision</a> ch&#7881; ra m&#7897;t t&acirc;m l&yacute; t&#432;&#417;ng t&#7921; trong d&ograve;ng ch&#7843;y stablecoin. &Ocirc;ng xem stablecoin nh&#432; &ldquo;&#273;&#7897;ng m&#7841;ch&rdquo; c&#7911;a thanh kho&#7843;n ti&#7873;n &#273;i&#7879;n t&#7917;, v&#7899;i h&#7847;u h&#7871;t d&ograve;ng ch&#7843;y h&#432;&#7899;ng v&#7873; Bitcoin. Tuy nhi&ecirc;n, &ocirc;ng c&#7843;nh b&aacute;o kh&ocirc;ng n&ecirc;n nh&#7847;m l&#7851;n gi&#7919;a giao d&#7883;ch giao ngay v&agrave; giao d&#7883;ch ph&aacute;i sinh.</p>
<img style="height:400px;width:640px;" decoding="async" alt="" class="wp-image-761573 lazy" loading="lazy" src="https://assets.beincrypto.com/img/WHCWaqhYmpVA7ZSmbPqHo00Ge80=/smart/0ee717d9169c4e84b4448a25f23edfa8">USDC : D&ograve;ng ch&#7843;y r&ograve;ng tr&ecirc;n s&agrave;n giao d&#7883;ch (T&#7893;ng) &ndash; S&agrave;n giao d&#7883;ch giao ngay. Ngu&#7891;n: CryptoQuant

<p>TeddyVision &#273;&atilde; n&ecirc;u b&#7853;t hai xu h&#432;&#7899;ng kh&aacute;c bi&#7879;t t&#7915; 01/08 &#273;&#7871;n gi&#7919;a th&aacute;ng 10/2025. Ph&acirc;n t&iacute;ch &#273;&#432;&#7901;ng trung b&igrave;nh &#273;&#7897;ng &#273;&#417;n gi&#7843;n (SMA) 30 ng&agrave;y c&#7911;a d&ograve;ng ch&#7843;y r&ograve;ng stablecoin v&agrave;o c&aacute;c s&agrave;n giao d&#7883;ch cho th&#7845;y v&#7889;n d&ugrave;ng &#273;&#7875; mua t&agrave;i s&#7843;n th&#7921;c t&#7871; &#273;&atilde; gi&#7843;m, trong khi thanh kho&#7843;n h&#7895; tr&#7907; c&aacute;c s&#7843;n ph&#7849;m ph&aacute;i sinh c&oacute; &#273;&ograve;n b&#7849;y nh&#432; h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai v&agrave; h&#7907;p &#273;&#7891;ng v&#297;nh vi&#7877;n &#273;&atilde; t&#259;ng.</p>
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>&ldquo;&#272;i&#7873;u n&agrave;y cho th&#7845;y r&#7857;ng s&#7921; t&#259;ng tr&#432;&#7903;ng gi&aacute; kh&ocirc;ng &#273;&#432;&#7907;c th&uacute;c &#273;&#7849;y b&#7903;i nhu c&#7847;u t&#7921; nhi&ecirc;n m&agrave; b&#7903;i &#273;&ograve;n b&#7849;y &#273;&#7847;u c&#417; v&agrave; ti&#7871;p x&uacute;c t&#7893;ng h&#7907;p&mdash;th&ocirc;ng qua ph&aacute;i sinh v&agrave; <a href="https://vn.beincrypto.com/digital-asset-fund-inflows-record-2025/" target="_blank" rel="noopener">ETF</a>&mdash;li&ecirc;n quan &#273;&#7871;n s&#7921; xoay v&ograve;ng v&#7889;n. N&oacute;i ng&#7855;n g&#7885;n, &#273;&#7897;ng c&#417; v&#7851;n &#273;ang ch&#7841;y, nh&#432;ng n&oacute; &#273;ang ch&#7841;y b&#7857;ng kh&oacute;i.&rdquo;</p>
</blockquote>

Sụp đổ sắp đến? — Cược 1.1 tỷ USD chống lại Bitcoin

<p>D&#7919; li&#7879;u g&#7847;n &#273;&acirc;y t&#7915; th&#7883; tr&#432;&#7901;ng quy&#7873;n ch&#7885;n Bitcoin cho th&#7845;y kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#273;&#7863;t c&#432;&#7907;c v&agrave;o vi&#7879;c gi&aacute; gi&#7843;m &#273;&atilde; t&#259;ng &#273;&aacute;ng k&#7875; trong 24 gi&#7901; qua.</p>
<p><a href="https://x.com/GreeksLive/status/1978662253076578347" target="_blank" rel="noreferrer noopener">Greeks.live</a>, m&#7897;t c&ocirc;ng ty ph&acirc;n t&iacute;ch quy&#7873;n ch&#7885;n ti&#7873;n &#273;i&#7879;n t&#7917;, &#273;&atilde; ghi nh&#7853;n m&#7897;t xu h&#432;&#7899;ng &#273;&aacute;ng ch&uacute; &yacute;. M&#7897;t b&agrave;i &#273;&#259;ng tr&ecirc;n X v&agrave;o th&#7913; N&#259;m cho th&#7845;y h&#417;n 1,15 t&#7927; USD &#273;&atilde; &#273;&#7893; v&agrave;o c&aacute;c quy&#7873;n ch&#7885;n b&aacute;n <a href="https://vn.beincrypto.com/bitcoin-option-investors-remain-cautious/" target="_blank" rel="noreferrer noopener">out-of-the-money (OTM)</a>.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-key-data-points-to-a-growing-bearish-sentiment">D&#7919; li&#7879;u ch&iacute;nh ch&#7881; ra t&acirc;m l&yacute; gi&#7843;m gi&aacute; &#273;ang gia t&#259;ng</h2>

<p>C&ocirc;ng ty gi&#7843;i th&iacute;ch r&#7857;ng c&aacute;c c&#432;&#7907;c gi&#7843;m gi&aacute; &#273;&atilde; t&#259;ng &#273;&aacute;ng k&#7875; trong 24 gi&#7901; qua, v&#7899;i 28% t&#7893;ng kh&#7889;i l&#432;&#7907;ng quy&#7873;n ch&#7885;n &#273;&#7893; v&agrave;o c&aacute;c quy&#7873;n ch&#7885;n b&aacute;n OTM. Quy&#7873;n ch&#7885;n b&aacute;n OTM l&agrave; c&aacute;c v&#7883; th&#7871; &#273;&#7847;u c&#417; cao, c&oacute; l&#7907;i khi gi&aacute; t&agrave;i s&#7843;n gi&#7843;m m&#7841;nh trong t&#432;&#417;ng lai.</p>
<img style="height:400px;width:640px;"decoding="async" alt="" class="wp-image-761569 lazy" loading="lazy" src="https://assets.beincrypto.com/img/xAgYugmId-9h-2BsGfXJ57FbPiA=/smart/265650b4b2354bc5a0a2adf6ccc50be9">D&ograve;ng ch&#7843;y quy&#7873;n ch&#7885;n BTC-16/10/2025. Ngu&#7891;n: Greeks.live

<p>&#272;&#7897; bi&#7871;n &#273;&#7897;ng ng&#7909; &yacute; c&#7911;a h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n &#273;&atilde; tr&#7903; n&ecirc;n ti&ecirc;u c&#7921;c h&#417;n trong tu&#7847;n n&agrave;y. N&oacute; &#273;&atilde; &#273;&#7841;t &#273;&#7871;n m&#7913;c t&#432;&#417;ng t&#7921; nh&#432; ng&agrave;y 11/10, m&#7897;t ng&agrave;y sau khi x&#7843;y ra <a href="https://vn.beincrypto.com/binance-black-friday-crypto-crash-support-fund/" target="_blank" rel="noreferrer noopener">s&#7921; c&#7889; th&#7883; tr&#432;&#7901;ng l&#7899;n</a>.</p>
<p>Greeks.live l&#432;u &yacute; r&#7857;ng th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; &#273;&atilde; tr&#7843;i qua s&#7921; bi&#7871;n &#273;&#7897;ng c&#7921;c &#273;&#7897; k&#7875; t&#7915; khi tin t&#7913;c v&#7873; cu&#7897;c chi&#7871;n thu&#7871; quan c&#7911;a T&#7893;ng th&#7889;ng Trump b&ugrave;ng n&#7893; v&agrave;o th&#7913; S&aacute;u tu&#7847;n tr&#432;&#7899;c, g&acirc;y ra s&#7921; dao &#273;&#7897;ng nhanh ch&oacute;ng gi&#7919;a t&acirc;m l&yacute; t&#259;ng v&agrave; gi&#7843;m gi&aacute;. C&ocirc;ng ty tin r&#7857;ng s&#7921; t&#7853;p trung c&#7911;a th&#7883; tr&#432;&#7901;ng &#273;ang chuy&#7875;n h&#432;&#7899;ng sang tri&#7875;n v&#7885;ng gi&#7843;m gi&aacute;.</p>
<p>Xu h&#432;&#7899;ng n&agrave;y trong th&#7883; tr&#432;&#7901;ng quy&#7873;n ch&#7885;n cho th&#7845;y r&#7857;ng c&aacute;c nh&agrave; cung c&#7845;p thanh kho&#7843;n quy m&ocirc; l&#7899;n v&agrave; c&aacute;c nh&agrave; t&#7841;o l&#7853;p th&#7883; tr&#432;&#7901;ng &#273;ang &#273;&#7883;nh gi&aacute; r&#7911;i ro &#273;&aacute;ng k&#7875; v&#7873; vi&#7879;c gi&aacute; gi&#7843;m. M&#7863;c d&ugrave; xu h&#432;&#7899;ng k&#7929; thu&#7853;t c&#7911;a Bitcoin v&#7851;n c&ograve;n nguy&ecirc;n v&#7865;n, Greeks.live khuy&#7871;n ngh&#7883; mua quy&#7873;n ch&#7885;n b&aacute;n nh&#432; m&#7897;t c&ocirc;ng c&#7909; ph&ograve;ng ng&#7915;a r&#7911;i ro ph&ugrave; h&#7907;p trong t&igrave;nh h&igrave;nh hi&#7879;n t&#7841;i.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-on-chain-data-echoes-bearish-signs">D&#7919; li&#7879;u on-chain vang v&#7885;ng d&#7845;u hi&#7879;u gi&#7843;m gi&aacute;</h2>

<p>Nh&agrave; ph&acirc;n t&iacute;ch CryptoQuant <a href="https://cryptoquant.com/ko/insights/quicktake/68efc236e2ccc51043591d55-Stablecoin-Flows-Tell-the-Real-Story?utm_campaign=quicktake&amp;utm_content=teddy-vision&amp;utm_medium=sns&amp;utm_source=twitter" target="_blank" rel="noreferrer noopener">TeddyVision</a> ch&#7881; ra m&#7897;t t&acirc;m l&yacute; t&#432;&#417;ng t&#7921; trong d&ograve;ng ch&#7843;y stablecoin. &Ocirc;ng xem stablecoin nh&#432; &ldquo;&#273;&#7897;ng m&#7841;ch&rdquo; c&#7911;a thanh kho&#7843;n ti&#7873;n &#273;i&#7879;n t&#7917;, v&#7899;i h&#7847;u h&#7871;t d&ograve;ng ch&#7843;y h&#432;&#7899;ng v&#7873; Bitcoin. Tuy nhi&ecirc;n, &ocirc;ng c&#7843;nh b&aacute;o kh&ocirc;ng n&ecirc;n nh&#7847;m l&#7851;n gi&#7919;a giao d&#7883;ch giao ngay v&agrave; giao d&#7883;ch ph&aacute;i sinh.</p>
<img style="height:400px;width:640px;"decoding="async" alt="" class="wp-image-761573 lazy" loading="lazy" src="https://assets.beincrypto.com/img/WHCWaqhYmpVA7ZSmbPqHo00Ge80=/smart/0ee717d9169c4e84b4448a25f23edfa8">USDC : D&ograve;ng ch&#7843;y r&ograve;ng tr&ecirc;n s&agrave;n giao d&#7883;ch (T&#7893;ng) &ndash; S&agrave;n giao d&#7883;ch giao ngay. Ngu&#7891;n: CryptoQuant

<p>TeddyVision &#273;&atilde; n&ecirc;u b&#7853;t hai xu h&#432;&#7899;ng kh&aacute;c bi&#7879;t t&#7915; 01/08 &#273;&#7871;n gi&#7919;a th&aacute;ng 10/2025. Ph&acirc;n t&iacute;ch &#273;&#432;&#7901;ng trung b&igrave;nh &#273;&#7897;ng &#273;&#417;n gi&#7843;n (SMA) 30 ng&agrave;y c&#7911;a d&ograve;ng ch&#7843;y r&ograve;ng stablecoin v&agrave;o c&aacute;c s&agrave;n giao d&#7883;ch cho th&#7845;y v&#7889;n d&ugrave;ng &#273;&#7875; mua t&agrave;i s&#7843;n th&#7921;c t&#7871; &#273;&atilde; gi&#7843;m, trong khi thanh kho&#7843;n h&#7895; tr&#7907; c&aacute;c s&#7843;n ph&#7849;m ph&aacute;i sinh c&oacute; &#273;&ograve;n b&#7849;y nh&#432; h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai v&agrave; h&#7907;p &#273;&#7891;ng v&#297;nh vi&#7877;n &#273;&atilde; t&#259;ng.</p>
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>&ldquo;&#272;i&#7873;u n&agrave;y cho th&#7845;y r&#7857;ng s&#7921; t&#259;ng tr&#432;&#7903;ng gi&aacute; kh&ocirc;ng &#273;&#432;&#7907;c th&uacute;c &#273;&#7849;y b&#7903;i nhu c&#7847;u t&#7921; nhi&ecirc;n m&agrave; b&#7903;i &#273;&ograve;n b&#7849;y &#273;&#7847;u c&#417; v&agrave; ti&#7871;p x&uacute;c t&#7893;ng h&#7907;p&mdash;th&ocirc;ng qua ph&aacute;i sinh v&agrave; <a href="https://vn.beincrypto.com/digital-asset-fund-inflows-record-2025/" target="_blank" rel="noopener">ETF</a>&mdash;li&ecirc;n quan &#273;&#7871;n s&#7921; xoay v&ograve;ng v&#7889;n. N&oacute;i ng&#7855;n g&#7885;n, &#273;&#7897;ng c&#417; v&#7851;n &#273;ang ch&#7841;y, nh&#432;ng n&oacute; &#273;ang ch&#7841;y b&#7857;ng kh&oacute;i.&rdquo;</p>
