比特币低于挖矿成本已五个月，矿工承压
Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners
推荐理由
矿工抛售规模超去年全年，是加密市场结构性资金事件，值得交易者和分析师关注矿工成本与链上数据变化。
About 20% of miners are now unprofitable, and publicly traded miners sold more than 32,000 bitcoin in the first quarter to cover operating costs, more than they offloaded in all of 2025.
更进一步：量化金融体系
看懂新闻只是起点——沿量化金融路径，把它变成能交付的工程能力