比特幣通話選項合同已開放，而不是放置選項

這會導致觀點/呼叫比率為0.72，這表明在不久的將來，越來越多的交易者押注了BTC價格的上漲。

The latest data from derivatives exchange CME shows that Bitcoin (BTC) call options contracts open greater than put options.

來自衍生產品Exchange CME的最新數據表明，比特幣（BTC）呼叫選項合同比PUT選項更開放。

At the moment, the volume of call open interest is 11,873.52 contracts, much higher than put open interest which is at 8,594.58 contracts. This results in a put/call ratio of 0.72.

目前，通話公開利息的數量為11,873.52合同，比開放利息的合同高得多，該利息為8,594.58份合同。這會導致呼叫比率為0.72。

The high volume of call contracts signals that more traders are betting on a rise in BTC prices in the near future. However, despite this optimism, the large volume of put contracts in the $75,000-$85,000 price range suggests a hedging strategy.

大量的呼叫合同信號表明，在不久的將來，越來越多的交易者押注了BTC價格的上漲。但是，儘管有這種樂觀，但大量的PUT合同在75,000美元至85,000美元的價格範圍內表明了對沖策略。

Open Interest and Market Volatility Analysis

開放興趣和市場波動分析

Open Interest Positions and Their Impact on the Market

開放興趣立場及其對市場的影響

Open Interest on Bitcoin futures contracts on the Chicago Mercantile Exchange (CME) has shown a steady increase over the past few months. Its peak coincided with BTC’s record high of $105,000.

在過去幾個月中，對芝加哥商業交易所（CME）的比特幣期貨合約的開放興趣表現出穩定的增長。它的峰值與BTC的創紀錄高點105,000美元相吻合。

However, after the price corrected to $80,000, the Open Interest also decreased, indicating less speculative activity.

但是，在價格糾正至80,000美元之後，開放利息也下降了，表明投機活動較少。

Most Bitcoin contracts expire within the next one to three months. Historically, this period often triggers high volatility, especially if traders begin to roll over or close their positions.

大多數比特幣合同在接下來的一個到三個月內到期。從歷史上看，這一時期通常會觸發高波動性，尤其是如果交易者開始翻身或關閉其職位時。

Related Article: Ethereum Price Prediction: Will It Recover or Is There a Bearish Signal in Mid-March 2025? Technical Analysis!

相關文章：以太坊價格預測：它會恢復還是在2025年3月中旬有看跌信號？技術分析！

Bitcoin Price Trends and Technical Indicators

比特幣價格趨勢和技術指標

Currently, Bitcoin is trading at around $84,210, having gained 0.27% in the past day. However, BTC is still below key resistance levels, namely the 50-day moving average at $88,467 and the 200-day moving average at $96,227. This indicates that despite optimism in the options market, Bitcoin is still in a corrective phase.

目前，比特幣的交易價格約為84,210美元，過去幾天上漲了0.27％。但是，BTC仍低於關鍵阻力水平，即50天的移動平均值為88,467美元，而200天的移動平均值為96,227美元。這表明儘管對期權市場樂觀，比特幣仍處於糾正階段。

In addition, funding levels in the Perpetual Futures market showed mixed values, with some exchanges recording positive funding levels and others negative. This indicates that the market still has no clear direction, with demand yet to fully recover.

此外，永久期貨市場的資金水平顯示出不同的價值，一些交易所記錄了積極的資金水平，而另一些交換則為負面。這表明市場仍然沒有明確的方向，需求尚未完全恢復。

Bitcoin Movement Scenario in the Near Future

比特幣運動場景在不久的將來

Bullish Scenario

看漲場景

If Bitcoin is able to return to the range of $88,000-$90,000, then activity in the options market could push the price higher, with a medium-term target of $100,000.

如果比特幣能夠返回88,000美元至90,000美元的範圍，那麼期權市場的活動可能會提高價格，中期目標為100,000美元。

Bearish Scenario

看跌場景

If BTC remains below $85,000 and Open Interest continues to decline, it is likely that BTC will retest the support level at $78,000-$80,000. In this scenario, short-term downside risks will increase.

如果BTC保持在85,000美元以下，並且開放利息繼續下降，則BTC可能會以78,000至80,000美元的價格重新確定支持水平。在這種情況下，短期下行風險將增加。

Conclusion: Beware of Volatility in the Near Term

結論：當心近期波動率

The Bitcoin options market shows traders’ preference for a bullish scenario, but there are still indications of hedging activity with large volumes of put contracts in the $75,000-$85,000 range.

比特幣期權市場表明，貿易商對看漲情景的偏愛，但仍有跡象表明，對沖活動，大量合同在$ 75,000- $ 85,000的範圍內。

With options contract expiration dates approaching and open interest decreasing, this period could bring high volatility.

隨著期權過期日期的臨近和開放利息的減少，這一時期可能會帶來高波動性。

Investors should continue to monitor funding levels in the futures market, liquidity flows, and key price moving average levels to determine the next direction of Bitcoin’s movement.

投資者應繼續監視期貨市場，流動性流動和關鍵價格移動平均水平的資金水平，以確定比特幣運動的下一個方向。

Related Article: What Is the Impact of XRP Price Prediction on Crypto Market 2025 After Dropping 8% From Positive Trend?This content is intended for informational purposes only and is not intended to be used in place of advice from a qualified legal, financial, accounting, or tax professional. An asset's past performance does not necessarily determine its future performance.

相關文章：從積極趨勢下降了8％後，XRP價格預測對2025年加密貨幣市場的影響是什麼？此內容僅用於信息目的，並且不打算代替合格的法律，財務，會計，會計或稅收專業人員的建議。資產的過去績效不一定決定其未來的表現。

Start trading crypto on Pintu today! Download Pintu on Google Play Store or App Store to enjoy a safe and easy crypto trading experience.

立即開始在Pintu上交易加密貨幣！在Google Play商店或App Store上下載Pintu，以享受安全，簡單的加密交易體驗。

Want to trade crypto with advanced trading tools such as pro charting, various order types, and portfolio tracker? Experience web trading by registering Pintu Pro.

是否想用高級交易工具（例如Pro圖表，各種訂單類型和投資組合跟踪器）進行交易加密工具？通過註冊Pintu Pro體驗網絡交易。

Pintu is a crypto exchange platform that provides a variety of cryptocurrencies, ranging from Bitcoin, Ethereum, BNB, Chainlink, to ATOM, and others. Available trading pairs include BTC IDR, ETH IDR, BNB IDR, Chainlink IDR, ATOM IDR, and more.

Pintu是一個加密交換平台，提供了各種加密貨幣，從比特幣，以太坊，BNB，鏈條，原子等。可用的交易對包括BTC IDR，ETH IDR，BNB IDR，ChainLink IDR，Atom IDR等。