將近30億美元的比特幣和以太坊期權合約將在周五到期

週末開始之​​前，約有30億美元的比特幣（BTC）和以太坊（ETH）期權合約到期。這一重大事件可能導致波動率提高

Nearly $3 billion in Bitcoin and Ethereum options contracts are set to expire on Friday, potentially setting the stage for short-term volatility and shifting market sentiment, paving the way for interesting observations.

將近30億美元的比特幣和以太坊期權合約將在周五到期，有可能為短期波動和轉移市場情緒奠定基礎，為有趣的觀察鋪平了道路。

Notably, around $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are due to expire before the weekend kicks off. This significant event could be a factor in amplifying volatility, considering options expirations often translate into heightened trading activity and swift price movements.

值得注意的是，大約30億美元的比特幣（BTC）和以太坊（ETH）期權合約將在周末開始之​​前到期。考慮到期權通常會轉化為貿易活動和快速價格變動的期權，這一重大事件可能是擴大波動率的一個因素。

Technical Analysis:

技術分析：

Options contracts grant traders the right, but not the obligation, to buy or sell an asset at a predetermined price on or before a specific date. The expiration of these contracts often sparks a round of repositioning, ultimately leading to increased activity and short-term volatility. The sheer size of Friday’s expiry could be a factor in shaping near-term price dynamics.

期權合約授予交易者以在特定日期或之前以預定價格購買或出售資產的權利，但沒有義務。這些合同的到期通常會引發一輪重新定位，最終導致活動增加和短期波動。週五到期的巨大規模可能是塑造近期價格動態的一個因素。

Another crucial aspect is the put-to-call ratio, a common metric used to gauge traders’ overall sentiment. A ratio above 1 indicates a preference for put options, suggesting a bearish market outlook. Conversely, a ratio below 1 denotes a higher demand for call options, reflecting a bullish sentiment.

另一個至關重要的方面是plat-all-call比率，這是一種通用度量，用於評估交易者的總體情緒。比率高於1的比率表示對PUT選項的偏愛，表明看跌市場前景。相反，低於1的比率表示對呼叫選項的需求更高，反映了看漲的情緒。

Current data from derivatives exchange shows Bitcoin’s put-to-call ratio stands at 0.93, suggesting a neutral to slightly bullish market. Meanwhile, Ethereum’s ratio is 1.22, indicating a more bearish bias among traders.

來自衍生工具交換的當前數據顯示，比特幣的pall票比率為0.93，這表明中立和略微看漲的市場。同時，以太坊的比率為1.22，表明交易者的看跌偏見更加偏見。

“The sheer size of Friday’s options expiry could be a factor in sparking short-term volatility,”

“週五期權到期的巨大規模可能是引發短期波動率的一個因素，”

Despite the massive amount of options expiring, some analysts believe it’s a routine event and won’t have a lasting impact on market trends.

儘管有大量的期權到期，但一些分析師認為這是一個例行事件，不會對市場趨勢產生持久的影響。

“While we might see some price fluctuations due to options expirations, the broader market direction will likely be influenced more by external factors,” one analyst said.

一位分析師說：“儘管我們可能會看到由於期權到期而導致的一些價格波動，但更廣泛的市場方向可能會受到外部因素的影響。”

These external factors could include regulatory developments, macroeconomic conditions, and institutional investors’ activity, all of which will continue to play a significant role in shaping market trends in the coming days.

這些外部因素可能包括監管發展，宏觀經濟狀況和機構投資者的活動，所有這些都將繼續在未來幾天塑造市場趨勢中發揮重要作用。