比特币公牛的眼睛选项到期：BTC会达到$ 106K还是翻滚？

比特币公牛正在为每月200亿美元的期权到期。他们会保持超过106,000美元以上的势头，还是将降低价格？

Bitcoin Bulls Eye Options Expiry: Will BTC Hit $106K or Tumble?

比特币公牛的眼睛选项到期：BTC会达到$ 106K还是翻滚？

Bitcoin's upcoming $20 billion monthly options expiry on June 27th has traders on high alert. After a recent price recovery, can the bulls solidify support and aim for new highs, or will the bears seize control?

比特币即将在6月27日举行的200亿美元期权期权到期，使交易者处于高警觉状态。经过最近的价格恢复，公牛可以巩固支持并瞄准新的高点，还是熊队夺取控制权？

The Bullish Setup

看涨的设置

Currently, call options outweigh put options ($11.2 billion vs. $8.8 billion), giving bulls a distinct advantage. A significant portion of put options have strike prices at $101,000 or lower, further bolstering the bullish sentiment.

目前，呼叫选项超过了看跌期权（112亿美元，而88亿美元），使公牛队具有明显的优势。大部分的看涨期权的罢工价格为101,000美元或更低，进一步加强了看涨的情绪。

Powell's Dovish Tone and Market Sentiment

鲍威尔的肮脏语气和市场情绪

Federal Reserve Chair Jerome Powell's recent comments about potential interest rate cuts have fueled optimism. Coupled with gains in the S&P 500, Bitcoin bulls believe investors may shift from short-term government bonds to riskier assets like BTC in search of higher returns.

美联储主席杰罗姆·鲍威尔（Jerome Powell）最近对潜在利率降低的评论激发了乐观。加上标准普尔500指数的收益，比特币公牛认为投资者可能会从短期政府债券转移到像BTC这样的风险较高的资产，以寻求更高的回报。

Probable Scenarios and Key Price Levels

可能的情况和关键价格水平

Here's a breakdown of potential outcomes based on price ranges:

这是基于价格范围的潜在结果的细分：

• $100,000 - $101,500: Balanced result
• $101,500 - $102,500: Calls favored by $235 million
• $102,500 - $104,500: Calls favored by $750 million
• $104,500 - $106,000: Calls favored by $1.41 billion
• $106,000 - $108,000: Calls favored by $2.1 billion

The Bearish Counterattack

看跌反击

For bears to minimize losses, they need to push Bitcoin below $101,500 by June 27th, a 5% decline from current levels. Increased uncertainty, potentially stemming from a drop in hashrate or geopolitical tensions, could aid their cause.

为了使熊最大程度地减少损失，他们需要在6月27日之前将比特币提高到101,500美元以下，比目前的水平下降了5％。增加的不确定性增加，可能是由于哈希酸盐或地缘政治紧张局势的下降而可能导致的，这可能有助于其事业。

The ProCap Factor

程序因子

Anthony Pompliano’s ProCap BTC LLC is merging with Columbus Circle Capital Corp. I, aiming to become a publicly traded Bitcoin-focused treasury business. This move, backed by substantial committed capital, signals further institutional interest and potential bullish momentum for Bitcoin.

Anthony Pompliano的Procap BTC LLC与Columbus Circle Capital Corp. I合并。I，旨在成为以公开交易的以比特币为重点的财政业务。这一举动以实质性的资本为支持，这表明比特币的机构利益和潜在的看涨势头。

Options Expiry and Market Volatility

期权到期和市场波动

With a massive $14 billion in Bitcoin options contracts expiring on Deribit, expect heightened volatility. The “max pain” point sits at $102,000, where option buyers would suffer the most. Market flows suggest a neutral bias with a slight bullish tilt, with traders eyeing the $100K-$105K range.

由于deribit的大量$ 140亿美元的比特币期权合约预计波动性会增加。 “最大疼痛”点的价格为102,000美元，选择购买者将遭受最大的痛苦。市场流动表明中性偏见略有倾斜，交易员着眼于$ 105K $ 105K。

Final Thoughts

最后的想法

So, will Bitcoin bulls maintain their grip, or will the bears crash the party? Only time will tell! Buckle up, folks, because it's gonna be a wild ride!

那么，比特币公牛会保持抓地力，还是熊会崩溃？只有时间会证明！伙计们，扣紧，因为这将是一个疯狂的旅程！