ABD hisseleri, teknoloji \u015firketlerinin olumlu k\u00e2r a\u00e7\u0131klamalar\u0131 sayesinde talebin g\u00fc\u00e7l\u00fc kalmas\u0131yla y\u00fckseldi. \u0130\u015flem hacmi sakindi; ancak ABD \u00f6ne \u00e7\u0131karken di\u011fer b\u00f6lgeler geride kald\u0131.<\/p>\n
AMD ve TSMC\u2019nin sonu\u00e7lar\u0131, yapay zek\u00e2 kaynakl\u0131 talebin s\u00fcrece\u011fi beklentisini destekledi. Avrupa\u2019da bu tema daha az etkili oldu; \u00e7\u00fcnk\u00fc teknoloji hisseleri, Avrupa\u2019n\u0131n ana borsa endekslerinde daha k\u00fc\u00e7\u00fck bir paya sahip.<\/p>\n
Piyasa ko\u015fullar\u0131, s\u00fcren arz aksamalar\u0131 (\u00fcretim ve tedarikte gecikmeler) nedeniyle de farkl\u0131la\u015ft\u0131. Bu durum, mevcut ortamda ABD g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc Avrupa\u2019ya k\u0131yasla daha g\u00fc\u00e7l\u00fc b\u0131rakt\u0131.<\/p>\n
Bitcoin, \u015fubat ay\u0131ndaki dip seviyelerinden toparlanmas\u0131n\u0131 s\u00fcrd\u00fcr\u00fcrken 80 bin dolar\u0131n \u00fczerinde kald\u0131. Hareket, giri\u015flerle (piyasaya yeni para giri\u015fi) ve genel olarak \u201crisk i\u015ftah\u0131n\u0131n y\u00fcksek\u201d oldu\u011fu (yat\u0131r\u0131mc\u0131lar\u0131n daha riskli varl\u0131klara y\u00f6neldi\u011fi) bir piyasa havas\u0131yla desteklendi.<\/p>\n
Bu ko\u015fullarda Bitcoin\u2019in 90 bin dolar\u0131 yeniden test etme alan\u0131 vard\u0131.<\/p>\n
2025\u2019in ba\u015f\u0131na d\u00f6n\u00fcp bak\u0131ld\u0131\u011f\u0131nda, ABD\u2019de teknoloji hisselerinin g\u00fcc\u00fc ile Avrupa piyasalar\u0131 aras\u0131nda belirgin bir ayr\u0131\u015fma g\u00f6r\u00fcld\u00fc. Bu, \u201c\u00e7ift y\u00f6nl\u00fc i\u015flem\u201d (pair trade: biri al\u0131n\u0131rken di\u011feri sat\u0131lan, aradaki farktan kazan\u00e7 hedefleyen strateji) f\u0131rsat\u0131na i\u015faret etti. \u00d6rne\u011fin Nasdaq 100\u2019de al\u0131m opsiyonu (call: belirli fiyattan alma hakk\u0131) al\u0131rken ayn\u0131 anda Alman DAX gibi endekslerde sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131) almak. Bu strateji i\u015fe yarad\u0131; Nasdaq 100, 2025\u2019in geri kalan\u0131nda %30\u2019dan fazla y\u00fckselirken, DAX enerji maliyeti endi\u015feleri nedeniyle yaln\u0131zca %9 artt\u0131.<\/p>\n
Bug\u00fcn de yapay zek\u00e2 odakl\u0131 hik\u00e2ye beklentileri yukar\u0131 \u00e7ekiyor. B\u00fcy\u00fck teknoloji hisselerinde \u201cz\u0131mni oynakl\u0131k\u201d (implied volatility: opsiyon fiyatlar\u0131na yans\u0131yan beklenen dalgalanma) 18 ay\u0131n en d\u00fc\u015f\u00fck seviyelerine yak\u0131nken, yat\u0131r\u0131mc\u0131lar daha d\u00fc\u015f\u00fck maliyetle yukar\u0131 y\u00f6nl\u00fc pozisyon almak i\u00e7in al\u0131m opsiyonu spread\u2019lerini d\u00fc\u015f\u00fcnebilir. (Spread: Ayn\u0131 varl\u0131kta farkl\u0131 kullan\u0131m fiyatl\u0131 opsiyonlar\u0131 birlikte al\u0131p satarak risk ve maliyeti s\u0131n\u0131rland\u0131ran yap\u0131.) B\u00fcy\u00fck bulut hizmeti sa\u011flay\u0131c\u0131lar\u0131n\u0131n son bilan\u00e7olar\u0131, yapay zek\u00e2 ba\u011flant\u0131l\u0131 hizmet talebinin y\u0131ll\u0131k bazda %45 artt\u0131\u011f\u0131n\u0131 g\u00f6sterdi; bu da \u00f6n\u00fcm\u00fczdeki haftalara y\u00f6nelik iyimser g\u00f6r\u00fcn\u00fcm\u00fc destekledi.<\/p>\n
Bitcoin\u2019in 2025\u2019in ba\u015f\u0131nda \u015fubat diplerinden toparlanmas\u0131 kritik bir d\u00f6neme\u00e7ti. 80 bin dolar\u0131n \u00fczerinde tutununca, y\u00fckseli\u015f bekleyen yat\u0131r\u0131mc\u0131lar y\u0131l\u0131n ilerleyen d\u00f6nemleri i\u00e7in 90 bin ve hatta 100 bin dolar \u201ckullan\u0131m fiyatl\u0131\u201d (strike: opsiyonun ge\u00e7erli oldu\u011fu hedef fiyat) al\u0131m opsiyonlar\u0131na y\u00f6neldi. Bitcoin\u2019in 2025\u2019in son \u00e7eyre\u011finde ger\u00e7ekten 100 bin dolar\u0131 a\u015fmas\u0131 bu iyimserli\u011fi do\u011frulad\u0131.<\/p>\n
Bitcoin \u015fu anda 115 bin dolar civar\u0131nda i\u015flem g\u00f6r\u00fcrken piyasada yatayla\u015fma sinyalleri var. Son d\u00f6nemdeki dalgal\u0131 seyir nedeniyle, k\u0131sa vadeli ve \u201cparan\u0131n d\u0131\u015f\u0131nda\u201d (out-of-the-money: mevcut fiyattan hemen k\u00e2r yazmayan) put veya call satmak, yani \u201ck\u0131sa strangle\u201d (ayn\u0131 anda out-of-the-money call ve put sat\u0131p prim toplama; fiyat\u0131n belli bir bantta kalmas\u0131na oynayan strateji) ile yat\u0131r\u0131mc\u0131lar beklenen bant hareketinden prim geliri elde etmeyi hedefleyebilir. Ge\u00e7en haftan\u0131n verileri, spot Bitcoin ETF\u2019lerine (dayanak varl\u0131\u011f\u0131 do\u011frudan tutan borsa yat\u0131r\u0131m fonlar\u0131) net giri\u015flerin 500 milyon dolara kadar yava\u015flad\u0131\u011f\u0131n\u0131 g\u00f6sterdi; bu, y\u0131l\u0131n ba\u015f\u0131ndaki haftal\u0131k birka\u00e7 milyar dolarl\u0131k giri\u015flere k\u0131yasla sert bir d\u00fc\u015f\u00fc\u015f ve daha n\u00f6tr g\u00f6r\u00fcn\u00fcm\u00fc destekliyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
ABD borsalar\u0131, AMD-TSMC bilan\u00e7olar\u0131yla g\u00fc\u00e7lenen yapay zek\u00e2 talebiyle y\u00fckselirken Avrupa geride kald\u0131. Bitcoin 80 bin \u00fcst\u00fcnde; 90 bin potansiyeli. D\u00fc\u015f\u00fck oynakl\u0131k opsiyon spread\u2019i, yatayda strangle g\u00fcndemde.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-46408","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=46408"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46408\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}