價值 3B 美元的比特幣 (BTC) 和以太幣 (ETH) 選擇權今日到期，市場預期川普就職

這些即將到期的加密貨幣選項是在當選總統唐納德·川普就職一周之前出現的。比特幣率先突破 10 萬美元大關。

A total of $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire on Monday, creating significant anticipation in the crypto market.

總價值 30 億美元的比特幣 (BTC) 和以太幣 (ETH) 選擇權將於週一到期，引發加密貨幣市場的巨大預期。

These expiring crypto options come ahead of President-elect Donald Trump’s inauguration week. Bitcoin is front-running the ascension by reclaiming the $100,000 mark.

這些即將到期的加密貨幣選項是在當選總統唐納德·川普就職一周之前出現的。比特幣率先突破 10 萬美元大關。

According to Deribit’s data, 21,664 Bitcoin contracts, with a notional value of approximately $2.2 billion, are set to expire today. Bitcoin’s put-to-call ratio is 0.94.

根據 Deribit 的數據，21,664 份比特幣合約將於今天到期，名義價值約 22 億美元。比特幣的看跌期權與看漲期權比率為 0.94。

The maximum pain point — the price at which the asset will cause financial losses to the greatest number of holders — is $96,000. Here, most contracts will expire worthless.

最大的痛點——該資產會對最大數量的持有者造成經濟損失的價格——是 96,000 美元。在這裡，大多數合約到期都會毫無價值。

Similarly, crypto markets will witness the expiry of 182,454 Ethereum contracts, with a notional value of $612.2 million. The put-to-call ratio for these expiring Ethereum options is 0.36, with a maximum pain of $3,250.

同樣，加密市場將見證 182,454 份以太坊合約到期，名義價值為 6.122 億美元。這些即將到期的以太坊選擇權的看跌期權與看漲期權比率為 0.36，最大痛苦為 3,250 美元。

Options expiry often leads to notable price volatility, which makes it imperative that traders and investors monitor today’s developments closely. The put-to-call ratios below 1 for both Bitcoin and Ethereum indicate optimism in the market. This suggests that more traders are betting on price increases, reflecting positive market sentiment.

選擇權到期通常會導致價格顯著波動，這使得交易者和投資者必須密切關注當今的事態發展。比特幣和以太坊的看跌期權與看漲期權比率均低於 1，顯示市場樂觀。這顯示更多交易商押注價格上漲，反映出正面的市場情緒。

Bitcoin’s move to reclaim the $100,000 aligns with this market optimism. Meanwhile, analysts at Greeks.live ascribe the sentiment to the anticipation of Donald Trump’s presidency, as he has promised to be a “crypto president,” potentially influencing industry policies favorably. The analysts also cite expectations of no rate cuts, which could influence market sentiment towards cryptocurrencies.

比特幣重回 10 萬美元的走勢與市場的樂觀情緒相符。與此同時，Greeks.live 的分析師將這種情緒歸因於對唐納德·特朗普(Donald Trump)當選總統的預期，因為他承諾成為“加密貨幣總統”，可能會對行業政策產生有利的影響。分析師也提到了不會降息的預期，這可能會影響市場對加密貨幣的情緒。

“Bitcoin rallied again above $100,000, sweeping away the weekend’s subdued market sentiment…Trump will officially take office as the new US President next week, and it is worth keeping an eye on whether or not he will enact policies directly favorable to cryptocurrencies this month. The US stocks have picked up in recent days, and the rate meeting at the end of the month will basically be to maintain no rate cuts,” Greeks.live shared on X (Twitter).

「比特幣再次反彈至10萬美元上方，一掃週末低迷的市場情緒……川普將於下周正式就任美國新總統，本月他是否會頒布直接有利於加密貨幣的政策值得關注。最近幾天美股有所回升，月底的利率會議基本上會維持不降息。

Nevertheless, the analysts observe that short-term option implied volatility (IV) has risen, with a significant increase in long strength. With this, they advise investors to purchase a portion of short-term options, citing a focus on the expected policy changes with the government incumbent and the inflow of ETFs (exchange-traded funds).

儘管如此，分析師觀察到，短期選擇權隱含波動率（IV）有所上升，多頭實力顯著增強。因此，他們建議投資者購買一部分短期選擇權，理由是關注政府現任者的預期政策變化以及 ETF（交易所交易基金）的流入。

Further, Greeks.live highlights how the trading behavior of different regions affects Bitcoin’s price. Asia and Europe sold Bitcoin, leading to a price drop, which was then bought back by Americans, turning the market trend positive. This reflects the global interplay in cryptocurrency markets.

此外，Greeks.live 也強調了不同地區的交易行為如何影響比特幣的價格。亞洲和歐洲拋售比特幣，導致價格下跌，隨後被美國人買回，市場趨勢轉為正面。這反映了加密貨幣市場的全球互動。

“Asia and EU sold BTC today and then the Americans bought it all back up on the lows? Turning a red day into a green day for BTC,” the post read.

「今天亞洲和歐盟拋售了比特幣，然後美國人在低點將其全部買回？比特幣的紅色日子變成了綠色日子，」該帖子寫道。

Despite this otherwise snarky comment on price action, this interplay, right before the anticipated volatility due to Trump’s inauguration, suggests an underlying context of political events influencing market sentiment.

儘管對價格走勢的評論很尖刻，但在川普就職導致預期波動之前，這種相互作用表明了影響市場情緒的政治事件的潛在背景。

BeInCrypto data shows that at the time of writing, Bitcoin was trading at $101,187. This represents a modest climb of 1.62% since the Friday session opened.

BeInCrypto 數據顯示，截至撰寫本文時，比特幣交易價格為 101,187 美元。這意味著自周五開盤以來小幅上漲 1.62%。