如今，超过20亿美元的比特币和以太坊期权将到期，这可能会影响短期市场波动。

该加密货币选项在一个重要的一周之后到期，其中包括FOMC会议和数字资产峰会。

Over $2 billion in Bitcoin and Ethereum options will expire today, which could influence short-term market swings. This crypto options expiry follows a significant week that featured the FOMC meeting and the Digital Asset Summit. Both events set the stage for important discussions about monetary policy and the future of digital currencies.

如今，超过20亿美元的比特币和以太坊期权将到期，这可能会影响短期市场波动。该加密货币选项在一个重要的一周之后到期，其中包括FOMC会议和数字资产峰会。这两个事件为有关货币政策和数字货币的未来的重要讨论奠定了基础。

Data from Deribit, the leading exchange for cryptocurrency options, shows that around $1.826 billion of Bitcoin options and $264 million of Ethereum options are expiring. Strike prices are close to their respective “maximum pain” points, $85,000 for BTC and $2,000 for ETH. Hence, market participants are keenly watching price movements. While some analysts anticipate higher volatility, others foresee a possible gradual market rally due to institutional interest.

来自加密货币选项的主要交易所Deribit的数据表明，约有18.26亿美元的比特币期权和2.64亿美元的以太坊期权正在到期。罢工价格接近其各自的“最大痛苦”积分，BTC的$ 85,000和ETH的2,000美元。因此，市场参与者敏锐地看着价格变动。尽管一些分析师预计波动率更高，但其他分析师则预计，由于机构的利益，可能会逐步的市场集会。

Bitcoin and Ethereum Options Expiry and Market Mechanics

比特币和以太坊选项到期和市场力学

The expiry of such a large volume of options can produce both direct and indirect effects on market behavior. The concept of “maximum pain” is crucial in this scenario. This term describes the price level where the greatest number of options become worthless. Hence, it minimizes payouts to holders of those contracts.

如此众多的选择的到期可能会对市场行为产生直接和间接影响。在这种情况下，“最大疼痛”的概念至关重要。该术语描述了最大选项数量毫无价值的价格水平。因此，它可以最大程度地减少给这些合同的持有人的支出。

Since current market prices for BTC and ETH are close to these levels, traders expect possible price shifts as option sellers adjust their positions. Additionally, the put-to-call ratio remains below one for both assets. This suggests a stronger inclination toward call options, indicating that more traders are predicting upward movement rather than engaging in hedging strategies against a decline.

由于BTC和ETH的当前市场价格接近这些水平，因此随着期权销售商调整头寸，交易者预计可能会转移价格转移。此外，两种资产的pall票比率仍低于一个。这表明对呼叫选择的倾向更加强烈，这表明更多的交易者正在预测向上的运动，而不是从事对冲策略，以防止下降。

Historically, crypto options expiry events of this scale have resulted in greater short-term volatility as positions unwind, liquidity changes, and traders respond to shifting market conditions.

从历史上看，随着职位放松，流动性变化和交易者对变化的市场状况的反应，该量表的加密货币期权到期事件导致了更大的短期波动。

Institutional Interest and Market Sentiment

机构利益和市场情绪

Despite brief fluctuations, institutional involvement in the crypto market still promotes long-term market optimism. Major financial firms and corporate entities have been increasing their exposure to digital assets. Speculation about substantial future purchases contributes to positive crypto market sentiment.

尽管发生了短暂的波动，但机构参与加密市场仍然促进了长期市场乐观。主要的金融公司和公司实体一直在增加其对数字资产的影响。关于将来的大量购买的猜测会导致积极的加密市场情绪。

Gracy Chen, Bitget’s CEO, has expressed confidence that Bitcoin will remain stable above the $73,000 to $78,000 range, which could pave the way for potential new highs. Some analysts also highlight the influence of government Bitcoin reserves. They suggest that strategic reserves might enhance institutional credibility and reinforce market stability over time.

Bitget的首席执行官Gracy Chen对比特币将保持稳定的信心在73,000美元至78,000美元之间的稳定性，这可能为潜在的新高点铺平道路。一些分析师还强调了政府比特币储备的影响。他们认为，战略储备可能会提高机构信誉，并随着时间的推移增强市场稳定。

What Comes Next? Predictions Amid Market Uncertainty

接下来是什么？市场不确定性的预测

As the crypto options expiry approaches, traders are debating whether the market will see a sharp decrease in volatility or a gradual adjustment in price. Some experts predict a short-term decline. This is because the FOMC meeting position against more interest rate cuts has lowered immediate investor excitement.

随着加密货币期权到期，交易者正在辩论市场是否会看到波动性的急剧下降或价格逐渐调整。一些专家预测短期下降。这是因为FOMC的会议地位反对降低利率的降低降低了直接投资者的兴奋。

In contrast, others anticipate a period of price swings followed by a lasting surge. With Bitcoin trading around $84,000 and Ethereum close to $1,977, many traders are watching important support and resistance levels for signals about market direction.

相比之下，其他人预计价格波动，然后是持久的激增。随着比特币的交易约84,000美元，以太坊接近1,977美元，许多交易者正在关注有关市场方向的信号的重要支持和阻力水平。

Future economic developments, corporate investments, and regulatory changes will likely affect digital asset values in the coming weeks.

未来的经济发展，公司投资和监管变化可能会在未来几周内影响数字资产价值。

Preparing for Post-Expiration Market Movements

准备后培训市场运动

Given that crypto options expiry events have historically initiated temporary price instability, traders and investors should be cautious and use strategic risk management. The combination of technical indicators, institutional actions, and broader economic situations will define crypto market sentiment.

鉴于加密货币期权到期事件在历史上已经引发了临时价格不稳定，贸易商和投资者应该谨慎并使用战略风险管理。技术指标，机构行动和更广泛的经济状况的结合将定义加密市场的情绪。

Although short-term uncertainty persists, the overall situation surrounding Bitcoin and Ethereum still favors long-term expansion. Investors should stay alert, watch crucial levels, and adjust their strategies accordingly as the market absorbs the impact of this significant options expiry.

尽管短期不确定性仍然存在，但围绕比特币和以太坊的总体状况仍然有利于长期扩张。投资者应保持警惕，关注关键水平并相应调整策略，因为市场吸收了这种重要期权到期的影响。