在選項到期，Altcoin DIPS和亞洲穩定策略中導航比特幣的穩定性。獲取最新的見解和市場分析。

BTC, Options Expiry, and the Market: A NYC Perspective

BTC，期權到期和市場：紐約市的觀點

Alright, picture this: Bitcoin's playing it cool, hanging around $107,000, while the altcoin market's feeling a bit of a slump. It's like the calm before the storm, with a massive options expiry looming. But hey, that's just crypto in a nutshell, right?

好吧，想像一下：比特幣很酷，掛在107,000美元左右，而Altcoin Market的感覺有些低落。就像暴風雨前的平靜一樣，有巨大的選擇迫在眉睫。但是，簡而言之只是加密貨幣，對嗎？

The Big Expiry: What's the Deal?

大期到期：有什麼交易？

So, this Friday's not just any Friday. It's one of the biggest options expiry days of the year, according to Deribit's Jean-David Péquignot. We're talking about a whopping $40 billion in Bitcoin options, with 38% of those contracts set to expire. The "max pain" price? Around $102,000. Translation: there is a potential gravitational pull towards the $102,000 level as the expiry approaches.

因此，這個星期五不僅是星期五。根據Deribit的Jean-DavidPéquignot的說法，這是一年中最大的期限之一。我們正在談論的是400億美元的比特幣選擇，其中38％的合同將到期。 “最大痛苦”價格？大約102,000美元。翻譯：隨著到期的臨近，潛在的引力朝著102,000美元的水平。

Volatility: Chillin' Out?

波動：放鬆嗎？

Despite the impending expiry, volatility seems to be taking a breather. The Deribit DVOL index has dropped from a wild 50% in April to a more relaxed 38%. Péquignot thinks this might mean the market's gaining confidence in Bitcoin's role as a macro-hedge. But don't get too comfy – put-call skews show no clear direction, so we're still in neutral territory.

儘管即將到來，但波動似乎仍在進行呼吸。 Deribit DVOL指數已從4月的野外50％下降到更輕鬆的38％。 Péquignot認為這可能意味著該市場對比特幣作為宏觀赫奇的作用具有信心。但是不要太舒適了 - 打個電話偏斜並沒有明確的方向，因此我們仍然處於中立領域。

Key Levels to Watch

觀看的關鍵水平

Keep your eyes on the $105,000 level. Péquignot says it's pivotal, and if that support fails, things could get dicey. But with low open interest in perpetual futures and depressed implied volatility, don't expect any crazy swings.

請注意105,000美元的水平。 Péquignot說這是關鍵的，如果支持失敗，事情可能會變得陷入困境。但是，由於對永久未來和沮喪的隱含波動的開放興趣低下，不要指望任何瘋狂的波動。

Altcoins and Stablecoins: A Different Story

Altcoins和Stablecoins：另一個故事

While Bitcoin's holding its own, the altcoin market's showing some weakness. The CoinDesk 20 index is down 0.9%. And while stablecoins like USDT and USDC are making headlines here in the US, they're quietly becoming a big deal in Asia. Banks over there are seeing stablecoins as a way to protect against deposit flight and lost transaction revenue.

在比特幣持有自己的同時，Altcoin市場表現出一些弱點。 Coindesk 20指數下降了0.9％。儘管USDT和USDC這樣的Stablecoins在美國在這裡成為頭條新聞，但它們在亞洲卻悄悄地成為了很多事情。那裡的銀行將Stablecoins視為防止存款飛行和損失交易收入的一種方式。

Crypto Stocks: Some Winners, Some Losers

加密股票：一些贏家，一些失敗者

In the stock market, it's a mixed bag. Core Scientific (CORZ) is soaring thanks to rumors of an acquisition by AI Hyperscaler CoreWeave. Circle (CRCL), Coinbase (COIN), Riot Platforms (RIOT), and Hut 8 (HUT) are also up. But Strategy (MSTR) is taking a hit, down nearly 1%.

在股票市場上，這是一個混合的袋子。核心科學（CORZ）飆升，這要歸功於AI Hyperscaler Coreweave收購的謠言。 Circle（CRCL），Coinbase（硬幣），Riot Platforms（Riot）和Hut 8（Hut）也在上升。但是策略（MSTR）受到打擊，下降了近1％。

Final Thoughts: Buckle Up!

最終想法：搭扣！

So, what does it all mean? Bitcoin's navigating a tricky landscape with a massive options expiry on the horizon. Volatility's down, but caution's still the name of the game. And while altcoins and crypto stocks are telling their own stories, keep an eye on those stablecoins in Asia – they might just be the future of finance. It's like watching a high-stakes poker game – you never know what's coming next!

那麼，這意味著什麼？比特幣在地平線上瀏覽了一個棘手的景觀。波動率降低了，但謹慎仍然是遊戲的名稱。儘管Altcoins和Crypto Stocks在講自己的故事，但請密切關注亞洲的那些穩定幣 - ​​它們可能只是金融的未來。就像看高風險撲克遊戲一樣 - 您永遠都不知道下一步會發生什麼！