比特幣和以太幣價格因期權到期和市場不確定性而波動

在市場波動中，比特幣（BTC）和以太坊（ETH）價格得到喘息。交易員仍保持謹慎態度，等待價值超過 20 億美元的選擇權合約於本週五到期。儘管最近出現回調，但 QCP Capital 分析師預測，比特幣價格本周可能反彈至 70,000 美元，理由是對多頭頭寸的持續需求以及現貨比特幣 ETF 流入的上升勢頭。

Bitcoin and Ethereum Prices Fluctuate Amidst Market Volatility and Options Expiry

比特幣和以太幣價格因市場波動和選擇權到期而波動

In the midst of ongoing market volatility, Bitcoin (BTC) and Ethereum (ETH) prices have experienced temporary respite, with traders exercising caution amid uncertainty. However, analysts anticipate a significant options expiry event later this week, potentially influencing market dynamics.

在市場持續波動的情況下，比特幣（BTC）和以太坊（ETH）價格經歷了暫時的喘息，交易者在不確定性中保持謹慎。然而，分析師預計本週稍晚將發生重大期權到期事件，這可能會影響市場動態。

Options Expiry Looms

期權即將到期

The crypto market eagerly awaits the expiry of over $2 billion worth of Bitcoin and Ethereum options on Friday, hoping to resolve some of the prevailing uncertainty.

加密貨幣市場熱切等待價值超過 20 億美元的比特幣和以太坊選擇權於週五到期，希望能夠解決一些普遍存在的不確定性。

Over 18,060 BTC options, representing a notional value of $1.21 billion, are set to expire, with a put-call ratio of 0.63. The "max pain point," indicating the price level that would result in maximum losses for options traders, is currently at $68,000, suggesting potential downward pressure on Bitcoin. Despite a decrease in implied volatility (IV), traders still expect significant price fluctuations.

超過 18,060 份 BTC 選擇權（名義價值為 12.1 億美元）即將到期，看跌期權與看漲期權比率為 0.63。 「最大痛點」表明將導致選擇權交易者最大損失的價格水平目前為 68,000 美元，表明比特幣存在潛在的下行壓力。儘管隱含波動率（IV）下降，但交易者仍預期價格會大幅波動。

In the case of Ethereum, approximately 270,441 ETH options, with a notional value of $0.89 billion, are scheduled to expire, exhibiting a put-call ratio of only 0.38. The max pain point for ETH stands at $3,400, surpassing its current price of $3,287. This suggests a possible decline in ETH value if it fails to recover above the max pain point.

以以太坊為例，大約有 270,441 個 ETH 選擇權（名義價值為 8.9 億美元）計畫到期，看跌選擇權與買權比率僅 0.38。 ETH 的最大痛點為 3,400 美元，超過了目前 3,287 美元的價格。這表明，如果 ETH 未能恢復到最大痛點之上，其價值可能會下跌。

QCP Capital Predicts BTC Surge

QCP Capital 預測 BTC 飆升

QCP Capital analysts remain optimistic, predicting a potential rebound in Bitcoin's price to $70,000 this week. They attribute this forecast to sustained demand for BTC long positions and increased momentum in spot Bitcoin ETF inflows.

QCP Capital 分析師保持樂觀，預計本週比特幣價格可能反彈至 70,000 美元。他們將這一預測歸因於對 BTC 多頭部位的持續需求以及現貨比特幣 ETF 流入勢頭的增加。

ETHBTC Faces Challenges

ETHBTC面臨挑戰

ETHBTC, a pair trading ETH against BTC, has encountered a critical support level after falling below 0.05. Analysts have observed significant selling of ETH calls, leading to a decrease in volumes and downward pressure on ETH prices.

ETHBTC 是 ETH 兌 BTC 交易對，在跌破 0.05 後遇到了關鍵支撐位。分析師觀察到 ETH 買權的大量拋售，導致交易量減少和 ETH 價格面臨下行壓力。

ETHBTC has reached a two-year low as the next Bitcoin halving approaches. While analysts anticipate a potential bounce from these levels, they advise hedging gains due to the possibility of further declines.

隨著下一次比特幣減半的臨近，ETHBTC 已跌至兩年低點。儘管分析師預計可能會從這些水平反彈，但他們建議對沖收益，因為可能會進一步下跌。

Current Market Prices

當前市場價格

At the time of writing, Bitcoin trades at $67,105, having reached a 24-hour high of $69,291. Ethereum, on the other hand, hovers around $3,285, having dropped from $3,443 following hawkish comments from a Federal Reserve official.

截至撰寫本文時，比特幣交易價格為 67,105 美元，達到 24 小時高點 69,291 美元。另一方面，在聯準會官員發表鷹派言論後，以太幣價格從 3,443 美元下跌至 3,285 美元左右。

The crypto market remains closely monitored as options expiry and broader market conditions continue to shape the trajectory of Bitcoin and Ethereum prices.

隨著選擇權到期和更廣泛的市場狀況繼續影響比特幣和以太幣價格的軌跡，加密貨幣市場仍受到密切關注。