比特幣 (BTC) 為期權到期做好準備，價值 10 億美元的 18,000 份合約即將結算

隨著鯨魚繼續拋售比特幣選擇權，比特幣選擇權到期準備動搖市場。

Bitcoin [BTC] derivatives market participants braced themselves for a substantial expiration of positions on the 5th of July.

比特幣 [BTC] 衍生性商品市場參與者做好了 7 月 5 日部位大幅到期的準備。

This upcoming event held close ties to recent fluctuations in price trends and could lead to heightened volatility in the market.

這一即將發生的事件與近期價格趨勢的波動密切相關，並可能導致市場波動加劇。

The anticipated expiration may influence market dynamics significantly as traders adjust their positions in response to the evolving price landscape.

由於交易者根據不斷變化的價格格局調整頭寸，預期到期可能會顯著影響市場動態。

Bitcoin prepares for options expiration

比特幣為期權到期做準備

AMBCrypto’s analysis of Bitcoin options revealed that approximately 18,000 Bitcoin options contracts are set to expire on the 5th of July.

AMBCrypto 對比特幣選擇權的分析顯示，約 18,000 個比特幣選擇權合約將於 7 月 5 日到期。

These contracts, valued at around $1 billion, represent a significant portion of the outstanding derivatives in the market.

這些合約價值約 10 億美元，佔市場上未償還衍生性商品的很大一部分。

According to the data, a majority of these expiring contracts are calls (long) rather than puts (short), with a put/call ratio of 0.65.

數據顯示，這些到期合約大部分是看漲期權（多頭）而不是看跌期權（空頭），看跌/看漲期權比率為0.65。

Source: Deribit

來源：德瑞比特

Moreover, the max pain point, indicating the price at which the greatest losses would be incurred, is positioned at $61,500.

此外，最大痛點（表示發生最大損失的價格）定位在 61,500 美元。

This level is notably higher than the current spot prices, especially considering the substantial market downturn experienced this week.

這一水平明顯高於當前現貨價格，特別是考慮到本週市場大幅下滑。

Furthermore, a large concentration of Open Interest remained at higher strike prices.

此外，未平倉合約的大量集中仍處於較高的執行價格。

Data from Deribit showed $532 million at a strike price of $90,000 and $665 million in open interest (OI) at $100,000.

Deribit 的數據顯示，執行價為 90,000 美元時，未平倉合約 (OI) 為 5.32 億美元，未平倉合約 (OI) 為 6.65 億美元，執行價為 100,000 美元。

Additionally, whale sell-offs have been exerting further downward pressure on the market trend, impacting prices significantly.

此外，鯨魚拋售對市場趨勢施加了進一步的下行壓力，對價格產生了重大影響。

More Bitcoin options set to expire

更多比特幣期權即將到期

AMBCrypto’s examination of Bitcoin’s supply distribution indicated that whales have been selling off their holdings recently.

AMBCrypto 對比特幣供應分佈的檢查表明，鯨魚最近一直在拋售其持有的比特幣。

Specifically, wallets holding between 100 to 1,000 BTC and those holding 10,000 to 100,000 BTC showed remarkable declines over the last few days.

具體來說，持有 100 至 1,000 BTC 和持有 10,000 至 100,000 BTC 的錢包在過去幾天出現了顯著下降。

Source: Santiment

資料來源：Santiment

Collectively, these whale wallets engaged in a sell-off involving millions of dollars in Bitcoin.

總的來說，這些鯨魚錢包參與了涉及​​數百萬美元比特幣的拋售。

Currently, the count of wallets in the 100-1,000 BTC range stood at approximately 13,700, while those in the 10,000 to 100,000 BTC range numbered around 101.

目前，100-1,000 BTC 範圍內的錢包數量約為 13,700 個，而 10,000 至 100,000 BTC 範圍內的錢包數量約為 101 個。

This significant reduction in holdings reflects a broader shift in sentiment among major Bitcoin investors.

持有量的大幅減少反映了主要比特幣投資者情緒的更廣泛轉變。

Bitcoin falls into the oversold zone

比特幣跌入超賣區域

AMBCrypto’s analysis of Bitcoin’s Relative Strength Index (RSI) on the daily time frame price chart showed it was in the oversold zone.

AMBCrypto 對每日時間框架價格圖表上比特幣相對強弱指數 (RSI) 的分析顯示，比特幣處於超賣區域。

The chart indicated that the RSI was below 30 at the time of writing.

此圖表顯示，在撰寫本文時，RSI 低於 30。

Read Bitcoin’s [BTC] Price Prediction 2024-25

閱讀比特幣 [BTC] 2024-25 價格預測

Furthermore, Bitcoin traded at around $53,300, trending below its long moving average (blue line).

此外，比特幣交易價格約為 53,300 美元，趨勢低於其長期移動平均線（藍線）。

Originally serving as long-term support, this blue line has become a resistance level due to recent price declines.

這條藍線原本是長期支撐位，但由於近期價格下跌，已成為阻力位。

Source: TradingView

來源：TradingView

This shift reflects the current bearish market sentiment. It plays a significant role in the dynamics around the large volume of Bitcoin options expiring today, likely influencing trading strategies and market expectations.

這一轉變反映了當前看跌的市場情緒。它在今天到期的大量比特幣期權的動態中發揮著重要作用，可能會影響交易策略和市場預期。