比特币通话选项合同已开放，而不是放置选项

这会导致观点/呼叫比率为0.72，这表明在不久的将来，越来越多的交易者押注了BTC价格的上涨。

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

来自衍生产品Exchange CME的最新数据表明，比特币（BTC）呼叫选项合同比PUT选项更开放。

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，通话公开利息的数量为11,873.52合同，比开放利息的合同高得多，该利息为8,594.58份合同。这会导致呼叫比率为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.

大量的呼叫合同信号表明，在不久的将来，越来越多的交易者押注了BTC价格的上涨。但是，尽管有这种乐观，但大量的PUT合同在75,000美元至85,000美元的价格范围内表明了对冲策略。

Open Interest and Market Volatility Analysis

开放兴趣和市场波动分析

Open Interest Positions and Their Impact on the Market

开放兴趣立场及其对市场的影响

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.

在过去几个月中，对芝加哥商业交易所（CME）的比特币期货合约的开放兴趣表现出稳定的增长。它的峰值与BTC的创纪录高点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，在价格纠正至80,000美元之后，开放利息也下降了，表明投机活动较少。

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.

大多数比特币合同在接下来的一个到三个月内到期。从历史上看，这一时期通常会触发高波动性，尤其是如果交易者开始翻身或关闭其职位时。

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Bitcoin Price Trends and Technical Indicators

比特币价格趋势和技术指标

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，比特币的交易价格约为84,210美元，过去几天上涨了0.27％。但是，BTC仍低于关键阻力水平，即50天的移动平均值为88,467美元，而200天的移动平均值为96,227美元。这表明尽管对期权市场乐观，比特币仍处于纠正阶段。

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，永久期货市场的资金水平显示出不同的价值，一些交易所记录了积极的资金水平，而另一些交换则为负面。这表明市场仍然没有明确的方向，需求尚未完全恢复。

Bitcoin Movement Scenario in the Near Future

比特币运动场景在不久的将来

Bullish Scenario

看涨场景

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.

如果比特币能够返回88,000美元至90,000美元的范围，那么期权市场的活动可能会提高价格，中期目标为100,000美元。

Bearish Scenario

看跌场景

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，并且开放利息继续下降，则BTC可能会以78,000至80,000美元的价格重新确定支持水平。在这种情况下，短期下行风险将增加。

Conclusion: Beware of Volatility in the Near Term

结论：当心近期波动率

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.

比特币期权市场表明，贸易商对看涨情景的偏爱，但仍有迹象表明，对冲活动，大量合同在$ 75,000- $ 85,000的范围内。

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

随着期权过期日期的临近和开放利息的减少，这一时期可能会带来高波动性。

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.

投资者应继续监视期货市场，流动性流动和关键价格移动平均水平的资金水平，以确定比特币运动的下一个方向。

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立即开始在Pintu上交易加密货币！在Google Play商店或App Store上下载Pintu，以享受安全，简单的加密交易体验。

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是否想用高级交易工具（例如Pro图表，各种订单类型和投资组合跟踪器）进行交易加密工具？通过注册Pintu Pro体验网络交易。

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Pintu是一个加密交换平台，提供了各种加密货币，从比特币，以太坊，BNB，链条，原子等。可用的交易对包括BTC IDR，ETH IDR，BNB IDR，ChainLink IDR，Atom IDR等。