加密貨幣市場正在為增加比特幣（BTC）和以太坊（ETH）期權的22.5億美元到期之前的波動性提高。

加密貨幣市場處於高度戒備

The crypto market is preparing for increased volatility ahead of the expiry of $2.25 billion in Bitcoin (BTC) and Ethereum (ETH) options today. According to market data provided by Deribit, the majority of the expiring options consist of $1.98 billion of Bitcoin options with a Max Pain price of $82k while $271 million of Ethereum options have a Max Pain price of $1,600. At the time of writing, the total open interest for BTC stands at 23,349 while it is 169,217 for ETH.

加密市場正在準備提高波動性，此前比特幣（BTC）和以太坊（ETH）期權的到期。根據Deribit提供的市場數據，大多數到期期權包括19.8億美元的比特幣期權，最高疼痛價格為82K美元，而2.71億美元的以太坊期權的最高疼痛價格為1,600美元。在撰寫本文時，BTC的總開放興趣為23,349，而ETH為169,217。

The put/call ratio of 0.92 means that more purchase options (calls) were bought than sales options (puts), suggesting traders were expecting price for both the assets to increase. This ratio represents overall optimism in the crypto market. According to the data, the last time the put/call ratio was lower than 1 was in March 2023, when the price of Bitcoin dropped below $70,000.

0.92的觀點/呼叫率為0.92，這意味著購買了比銷售選項的購買選項更多（呼叫），這表明交易者期望這兩種資產都會上漲。該比率代表著加密市場中的整體樂觀。根據數據，上次呼叫比率低於2023年3月1日，當時比特幣的價格下跌低於70,000美元。

At the time of writing, Bitcoin is trading near $84,558 while ETH price is hovering around $1,584 - according to Coinmarketcap data. According to the latest update, the vast majority of the expiring options belong to Bitcoin, with a total value of $1,980,880,000, compared to $271,000,000 for Ethereum.

根據CoinMarketCap數據，在撰寫本文時，比特幣的交易價格接近84,558美元，而ETH價格徘徊在1,584美元左右。根據最新更新，絕大多數到期期權屬於比特幣，總價值為1,980,880,000美元，而以太坊的總價值為271,000,000美元。

While speaking on options expiry, a popular crypto analyst known as "The Chart Guy" on X (formerly Twitter) noted that the cryptocurrency market is on high alert for the upcoming expiry of a substantial amount of options contracts. In a recent post, the analyst highlighted that approximately $2.25 billion in Bitcoin and Ethereum options are set to expire today, a development that could usher in significant price movements.

在期權到期時，一位受歡迎的加密分析師（以前為Twitter）在X上被稱為“ The Chart Guy”，指出加密貨幣市場對即將到來的大量期權合約的到期持續很高。在最近的一篇文章中，分析師強調說，今天約有22.5億美元的比特幣和以太坊期權將到期，這一開發項目可能會引起重大的價格變動。

"The expiration of these options contracts is anticipated to influence market dynamics significantly," said the analyst, adding "Historically, such expirations can lead to increased volatility as traders adjust their positions. In the realm of cryptocurrencies, any shift in price can have far-reaching consequences, especially with such a large sum of money at stake."

分析師說：“這些期權合約的到期預計將顯著影響市場動態。從歷史上看，這種到期可能會導致隨著交易者調整頭寸的調整的地位而增加波動性。在加密貨幣的領域中，任何價格的轉變都會帶來深遠的後果，尤其是如此巨大的金錢銷量。”

The U.S. and global stock markets will be closed today in observance of Good Friday. With no major economic reports due, the primary focus will be on the expiry of the options contracts. If the price of Bitcoin moves lower, it could create difficulties for traders who hold a large number of call options, especially at a strike price of $85,000. Conversely, if the price rises, it could put pressure on traders who have a significant amount of put options, particularly at a strike price of $80,000.

美國和全球股票市場今天將關閉，以紀念耶穌受難日。由於沒有重大的經濟報告，主要重點將放在期權合同的到期。如果比特幣的價格降低，則可能會給擁有大量電話選項的交易者帶來困難，尤其是以85,000美元的行進價格。相反，如果價格上漲，它可能會給擁有大量看跌期權的交易者施加壓力，尤其是以80,000美元的打擊價格。

Also read: KEEP Network Token Price Pumps 68% In 24H, Volume Soars 895%

另請閱讀：保持網絡令牌價格泵在24小時內為68％，量飆升895％

The cryptocurrency market is known for its volatility, and this situation could lead to interesting developments.

加密貨幣市場以其波動性而聞名，這種情況可能導致有趣的發展。