比特幣（BTC）在周五的每週期權到期之前下降到102,000美元以下

比特幣（BTC）下跌了102,000美元，再次提出了有關拉力賽短期方向的疑問。星期五的每週期權到期活動可能是價格動蕩的主要因素。

Bitcoin (BTC) price dropped below the $102,000 mark on Thursday, May 15, once again raising questions about the short-term direction of the rally.

5月15日星期四，比特幣（BTC）的價格下跌低於102,000美元，再次提出了有關拉力賽短期方向的疑問。

The main factor for the turbulence in the BTC price may be the upcoming weekly options expiry event on Friday, May 16, at 08:00 according to the cryptocurrency exchange, Deribit.

根據CryptoCurrency Exchange，Deribit的CryptoCurrency Exchange表示，BTC價格湍流的主要因素可能是即將舉行的每週期權到期活動。

The options traders on the exchange will be rolling over their positions, which may influence the price action. The majority of the options contracts are concentrated at the $100,000 strike price, which is also the maximum pain level for options holders.

交易所上的期權交易者將在其頭寸上滾動，這可能會影響價格行動。大多數選項合同集中在100,000美元的打擊價格上，這也是期權持有人的最大痛苦水平。

This week's options expiry event is showing more bullish confidence compared to other options expirations, with the put/call ratio being bullish for both BTC and ETH, but still showing some caution regarding the potential for price drops.

與其他期權到期相比，本週的期權到期活動表現出更大的看漲信心，而BTC和ETH的看漲比率是看漲的，但仍然對價格下跌的可能性持謹慎態度。

As the Bitcoin price continues to determine its direction and potential to move to a new all-time high, the options events are being closely watched by traders.

隨著比特幣的價格繼續確定其方向和潛力，可以轉移到新的歷史最高水平，交易者正在密切關注期權事件。

BTC price drops as traders prepare for options expiry

當交易者準備期權到期時，BTC價格下跌

The cryptocurrency exchange Deribit is known for its large options market, with traders placing bets on the price of BTC and other cryptocurrencies at a specific time in the future.

加密貨幣交易所deribit以其大型期權市場而聞名，貿易商將BTC和其他加密貨幣的價格下注在未來的特定時間。

According to the latest data from the exchange, over $3.1B in BTC and ETH options are set to expire on Friday, May 15 at 08:00.

根據交易所的最新數據，BTC的$ 3.1B超過$ 3.1B，ETH選項定於5月15日（星期五）08:00到期。

The majority of the options contracts are concentrated at the $100,000 strike price for BTC, which is also the maximum pain level for options holders.

大多數期權合約集中於BTC的100,000美元打擊價格，這也是期權持有人的最大痛苦水平。

According to the latest data from Glassnode, the BTC price is threatening to liquidate long positions. At the price of $101,456.40, traders have accumulated $48.3M in long positions, which are now in almost immediate danger of being closed or liquidated.

根據GlassNode的最新數據，BTC價格可能會耗盡長位。以101,456.40美元的價格，貿易商在長位置上累積了4830萬美元，現在幾乎處於被關閉或清算的直接危險。

The bigger risk is a break below $101,000, at which point liquidations may reach up to $996M. The actual availability of liquidity may change as traders close out their positions, and a price sweep to liquidate the remaining long positions is still possible.

更大的風險是低於$ 101,000的休息時間，此時清算可能達到9.96億美元。隨著交易者關閉職位，流動性的實際利用可能會發生變化，而且價格掃描以清算剩餘的長頭寸仍然是可能的。

Another potential scenario is a climb above $103,000, where short positions are accumulating. A short squeeze may lead BTC to its higher price range, avoiding the maximum pain of options expiry.

另一個潛在的情況是攀升至103,000美元以上，佔據較短的位置。短暫的擠壓可能會導致BTC達到更高的價格範圍，從而避免期權的最大痛苦到期。

According to the analysis, BTC is also expected to reject the higher price levels and drop as low as $99,000 before reclaiming a higher level.

根據該分析，預計BTC還將拒絕更高的價格水平，並在收回較高水平之前下降到99,000美元。

Based on the liquidation levels, the biggest accumulation of short positions is just under $105,000, which are awaiting rejection, with some accumulation below the $106,000 level.

根據清算水平，短職位的最大積累不到105,000美元，等待拒絕，有些積累低於106,000美元。

Despite the recent price downturn, BTC is still seeing increased spot demand, accumulation by funds and retained block rewards in the wallets of miners. In the short term, the direction of the BTC price may change more actively.

儘管最近的價格下降了，但BTC仍在看到現貨需求增加，資金積累並保留了礦工錢包中的塊獎勵。在短期內，BTC價格的方向可能會更加積極變化。

The dominance of BTC fell to 59.4%, down from a recent high above 61%. BTC is still the leading asset, outperforming all other altcoins. ETH recovered only slightly to 0.025 BTC, but is suffering from similar levels of volatility.

BTC的優勢降至59.4％，低於最近高於61％的高位。 BTC仍然是領先的資產，表現優於所有其他Altcoins。 ETH僅恢復了略微恢復到0.025 BTC，但遭受了相似的波動率。

Ahead of the options expiry, ETH traded at $2,525.68, once again revealing that its rally above $2,700 was short-lived. ETH is farther from its maximum pain level of $2,200 on the options market, but may still face pressure to go lower.

在期權到期之前，ETH的交易價格為2,525.68美元，再次揭示其集會高於2,700美元。 ETH遠離其最大疼痛水平在期權市場上的2,200美元，但仍可能面臨較低的壓力。