價值$5.28B的比特幣選擇權在美國大選前到期，ETH面臨看跌壓力

10 月 25 日，價值 52.8 億美元的比特幣和以太坊選擇權到期，促使交易者在美國之前為潛在的波動做好準備

Options worth $5.28 billion for Bitcoin and Ethereum expired on October 25, ahead of the U.S. elections.

價值 52.8 億美元的比特幣和以太坊選擇權於 10 月 25 日美國大選前到期。

Bitcoin options expiring on October 25 totaled 63,000, with a Put/Call Ratio of 0.66. This indicates a stronger preference for call options, reflecting bullish market sentiment.

10 月 25 日到期的比特幣選擇權總計 63,000 個，看跌期權/看漲期權比率為 0.66。這顯示對買權的偏好更強，反映了看漲的市場情緒。

The Max Pain point for Bitcoin options was set at $64,000, suggesting that traders anticipated Bitcoin to hover around this level by the time of the options expiry.

比特幣期權的最大痛苦點設定為 64,000 美元，這表明交易者預計比特幣在期權到期時將徘徊在該水平附近。

With a notional value of $4.26 billion, Bitcoin's performance remained strong as market participants looked ahead to upcoming events.

比特幣的名義價值為 42.6 億美元，隨著市場參與者對即將發生的事件的展望，比特幣的表現仍然強勁。

A total of 403,000 ETH options expired on October 25, with a Put/Call Ratio of 0.97. This reflects a near-even split between bullish and bearish sentiment.

共有 403,000 個 ETH 選擇權於 10 月 25 日到期，看跌/看漲比率為 0.97。這反映出看漲情緒和看跌情緒之間幾乎持平。

The maximum pain point of $2,600 indicated that Ethereum was trading at lower expectations, continuing to struggle to recover from yearly lows.

2,600 美元的最大痛點表明以太坊的交易價格低於預期，繼續努力從年度低點恢復過來。

The notional value of expired Ethereum options was $1.02 billion, significantly lower than that of Bitcoin.

過期以太坊選擇權的名目價值為10.2億美元，明顯低於比特幣。

As the November U.S. elections approached, traders prepared for increased volatility in the cryptocurrency markets. Bitcoin's Implied Volatility (IV) for November 8 was at 55%.

隨著 11 月美國大選臨近，交易員為加密貨幣市場的波動加劇做好了準備。 11 月 8 日比特幣的隱含波動率 (IV) 為 55%。

Earlier this week, Bitcoin approached $70,000 amid close polling between Donald Trump and Kamala Harris.

本週早些時候，在唐納德·川普和卡馬拉·哈里斯之間的密切民意調查中，比特幣接近 70,000 美元。

Coin Edition traders are betting on Bitcoin to cross $80,000 in November, regardless of the election outcome. Trump's support for cryptocurrency and Harris's moderate stance on regulation were seen as positive indicators.

無論選舉結果如何，Coin Edition 交易員押注 11 月比特幣價格將突破 80,000 美元。川普對加密貨幣的支持和哈里斯對監管的溫和立場被視為積極指標。

According to Deribit, open interest for call contracts expiring in November is concentrated around $80,000, while options expiring on December 27 are seeing bets around the $100,000 mark.

據 Deribit 稱，11 月到期的看漲期權未平倉合約集中在 80,000 美元左右，而 12 月 27 日到期的期權則押注在 100,000 美元左右。