在ETF流動，期權到期和通貨膨脹方面，比特幣跳舞接近107,000美元。本週的加密評論將關鍵水平帶入了下一個大舉動的潛在觸發器。

Bitcoin, Options Expiry, Crypto Review: Navigating the $107K Battleground

比特幣，期權到期，加密貨幣評論：瀏覽$ 107K的戰場

Bitcoin's been stuck in a tactical tug-of-war around $107,000 as June wraps up. ETF inflows offer support while a massive options expiry looms. Let's break down what's driving the crypto market.

隨著6月的總結，比特幣被困在戰術拔河比賽中左右。 ETF流入提供支持，而大規模的期權迫在眉睫。讓我們打破驅動加密市場的原因。

Options Expiry Volatility

選項到期的波動

The big news? A whopping $40 billion in Bitcoin options are expiring. This creates a "max pain point" around $102,000, potentially limiting upward movement and increasing the risk of a temporary dip. Buckle up for potential volatility!

大新聞？高達400億美元的比特幣選擇即將到期。這會產生一個約102,000美元的“最大疼痛點”，可能會限制向上移動並增加臨時下降的風險。扣緊潛在的波動！

Institutional Inflows vs. Onchain Apathy

機構流入與OnChain冷漠

Institutional demand via spot Bitcoin ETFs remains strong, adding over $4 billion in net flows. BlackRock's IBIT now controls a staggering $75 billion in Bitcoin, representing 3% of the circulating supply. However, onchain activity is weakening, with declining transfer volume and fading profitability metrics. Are long-term holders the only ones still in the game?

通過現貨比特幣ETF的機構需求仍然很強勁，增加了超過40億美元的淨流量。現在，貝萊德的IBIT控制著一個驚人的750億美元的比特幣，佔循環供應的3％。但是，隨著轉移量的下降和褪色的盈利指標，OnChain活動正在減弱。長期持有者是遊戲中唯一的持有人嗎？

Technical Levels to Watch

要觀看的技術級別

Bitcoin's caught in a descending channel, with resistance near $108,000–$110,500 and support around $103,400–$104,600. A daily close above $108K could signal a move towards $112,000, while a dip below $104K might trigger a slide towards $98,500. Keep an eye on these levels!

比特幣陷入了下降頻道，電阻接近$ 108,000- $ 110,500，支持約$ 103,400- $ 104,600。每天關閉$ 108K的收入可能會指示向$ 112,000的轉移，而低於$ 104K的下跌可能會觸發幻燈片，直達98,500美元。密切關注這些水平！

Macro Headwinds: Inflation Sticking Around

宏觀逆風：通貨膨脹掛在周圍

The macro picture isn't helping. Core PCE inflation data rose to 2.7%, reducing the likelihood of a summer rate cut by the Fed. Tighter financial conditions historically put pressure on risk assets like Bitcoin. Will Bitcoin decouple, or will macro forces prevail?

宏觀圖片無濟於事。核心PCE通貨膨脹數據上升到2.7％，降低了美聯儲削減的夏季率的可能性。歷史上，財務狀況更嚴格，對比特幣等風險資產施加壓力。比特幣會脫致，還是宏部隊會佔上風？

Cathie Wood's Bold Prediction

凱茜·伍德的大膽預測

Cathie Wood of ARK Invest suggests Bitcoin holders might soon be able to get home equity loans via Coinbase. This signals the growing integration of crypto with traditional finance. Fannie Mae and Freddie Mac are even exploring incorporating crypto into mortgage applications' reserve requirements. Exciting times, but regulatory clarity is crucial!

方舟投資公司的Cathie Wood建議比特幣持有人很快就可以通過Coinbase獲得房屋淨資產貸款。這表明了加密貨幣與傳統金融的日益融合。房利美（Fannie Mae）和房地美（Freddie Mac）甚至在探索將加密貨幣納入抵押貸款申請的儲備要求。令人興奮的時刻，但是監管清晰度至關重要！

Final Thoughts

最後的想法

Bitcoin's at a crossroads. Options expiry, ETF flows, and macro conditions are all battling for control. Whether you're a seasoned trader or just dipping your toes into the crypto waters, keep an eye on those key levels and remember to stay diversified. And hey, maybe one day you'll be using your Bitcoin to buy a house! Stranger things have happened, right?

比特幣在十字路口。期權到期，ETF流和宏觀條件都在為控製作鬥爭。無論您是經驗豐富的商人，還是只是將腳趾浸入加密貨幣水域，請密切關注這些關鍵水平，並記住保持多元化。嘿，也許有一天您會使用比特幣購買房屋！陌生人的事情發生了，對嗎？