比特币和以太坊选项到期：改变市场情感的游戏改变者

加密货币市场正在为一项重大事件做好准备，因为价值超过100亿美元的比特币（BTC）和以太坊（ETH）期权合同将到期。

As the cryptocurrency market braces for a pivotal moment, more than $10 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts are poised to expire on Friday, setting the stage for potential market shifts that could ripple through the entire crypto space.

作为关键时刻的加密货币市场括号，比特币（BTC）和以太坊（ETH）期权合同有望在周五到期，这为潜在的市场转变奠定了基础。

Out of this staggering amount, Bitcoin options total $8.36 billion, while Ethereum options stand at $1.94 billion, promising to amplify any price movements with an adrenaline-pumping effect.

在这笔惊人的金额中，比特币期权总计83.6亿美元，而以太坊期权为19.4亿美元，有望通过肾上腺素泵送效果扩大任何价格变动。

This massive options expiration is a stark contrast to the previous weeks. Bitcoin will see a massive 80,179 options contracts expiring, a significant increase compared to the 30,645 contracts expiring last week.

这种巨大的期权到期与前几周形成了鲜明的对比。比特币将有80,179份期权合约到期，与上周到期的30,645份合同相比，比特币将大幅增加。

Meanwhile, expiring Ethereum options reach 603,426 contracts, up from 173,830 the previous week, indicating that market participants are anticipating significant price movements.

同时，到期以太坊期权达到603,426份合同，高于上周的173,830，这表明市场参与者预计会有重大的价格变动。

The maximum pain levels for Bitcoin and Ethereum are set at $98,000 and $3,300, respectively. These levels denote the price at which the highest number of options contracts will expire worthless, serving as a critical indicator of where traders might direct their actions.

比特币和以太坊的最大疼痛水平分别为98,000美元和3,300美元。这些级别表示最多的期权合同数量到期毫无价值的价格，这是交易者可能在何处指示其行为的关键指标。

Interestingly, both Bitcoin and Ethereum show a bullish sentiment, with put-to-call ratios of 0.68 for Bitcoin and 0.43 for Ethereum, signaling an overall expectation of price increases despite recent pullbacks.

有趣的是，比特币和以太坊都表现出看涨的情绪，比特币的比率为0.68，以太坊的比率为0.43，表明尽管最近回调，对价格的总体预期也会增加。

Rising Optimism Amid Expiration: How the Market Is Positioned

在有效期内的乐观情绪上升：市场如何定位

Although the expiration of such a large volume of options could lead to price fluctuations, the overall sentiment appears to be optimistic.

尽管如此大量的选择的到期可能会导致价格波动，但总体情绪似乎是乐观的。

Traders seem to be betting on price increases for both Bitcoin and Ethereum, with a focus on long positions as the market nears its maximum pain levels. These developments suggest that market participants are preparing for bullish movements in the days leading up to the expiration.

交易者似乎在比特币和以太坊的价格上涨，随着市场接近其最大疼痛水平，重点是长位置。这些发展表明，市场参与者正在准备在到期的日子里为看涨的运动做准备。

Currently, Bitcoin is trading at $104,299, down by 0.64%, while Ethereum is up by a modest 1.04%, trading at $3,226. Both assets are experiencing a state of flux, hovering near their maximum pain points.

目前，比特币的交易价格为104,299美元，下降了0.64％，而以太坊的交易价格上涨了1.04％，交易价格为3,226美元。这两种资产都经历了通量状态，徘徊在其最大疼痛点附近。

Traders Prepare for Post-Expiration Landscape

贸易商为爆炸后格局做准备

After the expiration of Bitcoin and Ethereum options contracts, the crypto market is likely to stabilize. While the short-term volatility may persist, the expiration will ultimately clear the path for a more predictable price action, with traders reacting to the aftermath of today’s developments.

比特币和以太坊期权合约到期后，加密货币市场可能会稳定。尽管短期波动率可能会持续存在，但到期最终将清除更可预测的价格行动的途径，而交易员会对当今发展的后果做出反应。

The outcomes of this massive expiration could influence the direction of Bitcoin and Ethereum for the rest of the week, making it a crucial period for both traders and investors.

在本周剩下的时间里，这种大规模到期的结果可能会影响比特币和以太坊的方向，这对贸易商和投资者来说都是至关重要的时期。

The Impact of $10 Billion in Expiring Options on the Crypto Market

100亿美元到期期权对加密货币市场的影响

With over $10 billion at stake, this major options expiration event could have lasting consequences on the price trajectories of both Bitcoin and Ethereum. As the contracts expire, the market could witness heightened volatility, driven by price manipulation, liquidations, and the adjustments of traders’ positions. Investors are advised to stay alert, as the market dynamics could change rapidly during this pivotal moment.

由于有超过100亿美元的危险，此主要期权到期活动可能会对比特币和以太坊的价格轨迹产生持久的后果。随着合同到期，由于价格操纵，清算以及交易者职位的调整，市场可能会见证波动的提高。建议投资者保持警惕，因为在这个关键时刻，市场动态可能会迅速变化。

Today’s options expiration is set to leave a substantial mark on Bitcoin and Ethereum’s short-term price action, potentially influencing the broader cryptocurrency market and determining the direction for the days and weeks ahead. As the crypto community watches on, the outcome of this massive expiration event could shape the future of Bitcoin and Ethereum, setting the stage for what lies ahead in the market.

当今的期权到期将在比特币和以太坊的短期价格行动上留下很大的标记，这可能会影响更广泛的加密货币市场，并确定未来几天和几周的方向。正如加密社区所关注的那样，这一大规模到期事件的结果可能会影响比特币和以太坊的未来，从而为市场上的前方奠定了基础。