比特币和以太坊期权今天到期可能引发价格波动，因为做市商在圣诞节前调整头寸

加密货币市场最近在许多人所谓的“特朗普反弹”的推动下出现了显着上涨。然而，鉴于如此大规模的到期，市场的下一步走势尚不确定。

Crypto options contracts expiring on December 18 will determine the next price move in a crucial market event.

12 月 18 日到期的加密货币期权合约将决定关键市场事件中的下一次价格走势。

The crypto market is experiencing a moment of anticipation as a massive volume of options contracts are set to expire on December 18. This event is expected to influence the next price movement in the digital asset market.

由于大量期权合约将于 12 月 18 日到期，加密货币市场正经历一个令人期待的时刻。这一事件预计将影响数字资产市场的下一次价格走势。

As the clock ticks down, the بازار کریپتو has seen a largely bullish trend, with both Bitcoin and Ethereum prices rising in recent days. However, the market's next move remains uncertain, and the options expiration is set to play a critical role in determining the price direction.

随着时间的流逝，巴巴多斯出现了基本看涨的趋势，比特币和以太坊的价格最近几天都在上涨。然而，市场下一步走势仍不确定，期权到期将在决定价格方向方面发挥关键作用。

This batch of options contracts expiring on December 18 is valued at billions of dollars, and their expiry is set to impact the بازار کریپتو. These contracts expiring on Wednesday are valued at $2.077 billion for Bitcoin and $0.644 billion for Ethereum.

这批将于12月18日到期的期权合约价值数十亿美元，它们的到期将对巴扎尔人民币产生影响。周三到期的比特币合约价值为 20.77 亿美元，以太坊合约价值为 6.44 亿美元。

Bitcoin Options Expiry to Impact Prices

比特币期权到期影响价格

The options expiring on December 18 are a crucial factor in بازار کریپتو price movements. As per Deribit data, 20,815 Bitcoin options contracts, valued at a combined $2.077 billion, are set to expire on December 18.

12 月 18 日到期的期权是巴巴多斯价格走势的关键因素。根据 Deribit 数据，20,815 份比特币期权合约，总价值 20.77 亿美元，将于 12 月 18 日到期。

This event is significant as the expiring contracts span across various strike prices and types, ultimately affecting the overall market sentiment and price direction. Notably, the put-to-call ratio for these expiring contracts stands at 0.83, indicating that more traders are betting on price increases (calls) than decreases (puts). This signals a bullish market sentiment.

这一事件意义重大，因为即将到期的合约涵盖各种执行价格和类型，最终影响整体市场情绪和价格方向。值得注意的是，这些到期合约的看跌期权与看涨期权比率为 0.83，表明押注价格上涨（看涨期权）的交易者多于押注价格下跌（看跌期权）的交易者。这表明市场情绪看涨。

Interestingly, the maximum pain point for Bitcoin is positioned just below the current spot price, at $98,000, as reported by Brave New Coin’s Bitcoin Liquid Index. Maximum pain point indicates a price range that would result in the highest losses for options traders.

有趣的是，根据 Brave New Coin 的比特币流动性指数报告，比特币的最大痛点位于当前现货价格 98,000 美元以下。最大痛点表示会导致期权交易者损失最高的价格范围。

This price point is crucial as it can influence market makers' strategies and impact the بازار کریپتو price movements in the lead-up to the options expiry.

这个价格点至关重要，因为它可以影响做市商的策略，并影响期权到期前巴巴多斯的价格走势。

Moreover, a recent analysis by Greeks Live highlights a greater proportion of recent Block call options trades, with a daily average of over 30%. In previous years, the Christmas season in Europe and the US would lead to a decrease in trading activity. However, this year, the بازار کریپتو is being influenced by US stock بازار, which might amplify this trend.

此外，Greeks Live 最近的一项分析显示，近期大宗看涨期权交易的比例更高，日均交易量超过 30%。往年，欧洲和美国的圣诞季会导致贸易活动减少。然而，今年巴扎尔汇率受到美股巴扎尔的影响，这可能会放大这一趋势。

As the Christmas season and year-end deliveries approach, market makers are adjusting their positions accordingly. The بازار کریپتو is experiencing a surge in bullish options trades, indicating optimism among traders for a positive close to the year.

随着圣诞节和年底交货的临近，做市商正在相应调整头寸。巴巴多斯正在经历看涨期权交易的激增，这表明交易者对今年年底的积极表现持乐观态度。

The prospect of a crypto-friendly Trump administration in 2025 is also adding to the bullish mood in the بازار کریپتو. Traders are anticipating policies that could support the crypto industry, adding a layer of optimism to the current market dynamics.

2025 年特朗普政府对加密货币友好的前景也加剧了巴巴多斯的看涨情绪。交易员正在期待能够支持加密货币行业的政策，为当前的市场动态增添一层乐观情绪。

While Bitcoin has taken the lead in the crypto price rally, showing a 0.7% increase in the past 24 hours, Ethereum also joins the options expiry drama. About 164,330 Ethereum contracts, valued at nearly $0.644 billion, are also set to expire on December 18.

虽然比特币在加密货币价格上涨中处于领先地位，在过去 24 小时内上涨了 0.7%，但以太坊也加入了期权到期的行列。价值近6.44亿美元的约164,330份以太坊合约也将于12月18日到期。

According to Deribit, the expiring options span across various strike prices and types, influencing the next price move in the digital asset market. Notably, the put-to-call ratio for these expiring contracts is 0.68, indicating more traders are betting on price increases.

据 Deribit 称，到期期权涵盖各种执行价格和类型，影响数字资产市场的下一步价格走势。值得注意的是，这些到期合约的看跌期权与看涨期权比率为 0.68，表明更多交易者押注价格上涨。

بازار کریپتو Prices to Be Impacted by Options Expiry

加密货币市场价格将受到期权到期的影响

This event is crucial as بازار کریپتو prices have been largely influenced by options traders in recent times. بازار کریپتو prices have soared to new highs in 2024, with both Bitcoin and Ethereum prices rising significantly.

这一事件至关重要，因为近期巴扎尔价格在很大程度上受到期权交易商的影响。巴巴多斯价格在2024年飙升至新高，比特币和以太坊价格均大幅上涨。

However, بازار کریپتو prices have shown signs of slowing down in recent days, especially with the recent economic data and the upcoming holidays. بازار کریپتو prices could experience a strong impact from the options expiring on December 18.

然而，最近几天，巴扎尔泰克价格显示出放缓的迹象，特别是考虑到最近的经济数据和即将到来的假期。 12 月 18 日到期的期权可能会严重影响巴巴多斯的价格。

As بازار کریپتو prices have shown a variance from their all-time highs, options traders have actively engaged in strategies like Put Value Play (PVP) to maximize profits in a shorter duration. This strategy involves selling a put option while simultaneously purchasing a lower-strike put option to capitalize on بازار کریپتو price movements.

由于巴布亚新几内亚的价格与历史高点有所不同，期权交易者积极采用看跌期权（PVP）等策略，以在更短的时间内实现利润最大化。该策略涉及卖出看跌期权，同时购买较低执行价格的看跌期权，以利用巴塞尔价格走势。

بازار کریپتو prices have largely remained in a bullish trend as a result of these strategies, with بازار کریپتو prices increasing by 0.55% in the past 24 hours, according to Brave New Coin’s Ethereum Liquid Index. Maximum pain point for ETH is positioned just below the asset’s spot price.

根据 Brave New Coin 的以太坊流动性指数，由于这些策略，巴哈马币价格在很大程度上保持看涨趋势，过去 24 小时巴哈马币价格上涨了 0.55%。 ETH 的最大痛点位于该资产的现货价格下方。

This price point is crucial as it can influence بازار کریپتو price movements in the lead-up to the options expiration. بازار کریپتو prices have yet to hit a new all-time high this year and are trading slightly below $4,000.

这个价格点至关重要，因为它可以影响期权到期前的价格走势。巴扎尔的价格今年尚未创下历史新高，交易价格略低于 4,000 美元。