比特币市场在看跌情绪中迎接潜在的暴跌

期权数据显示看跌前景，比特币交易员预计价格可能会进一步下跌。看跌期权数量超过看涨期权，表明交易者预计价格会下跌，执行价格集中在 50,000 美元和 45,000 美元左右。加密货币主要经纪商 FalconX 将市场调整归因于灰度比特币信托基金的资金流出，而分析师指出，与股票和特定产品资金流出的相关性减弱，导致比特币走低。

Bitcoin Market Braces for Potential Price Decline Amid Bearish Sentiment

比特币市场在看跌情绪中迎接潜在的价格下跌

According to Deribit, a leading crypto options exchange, Bitcoin traders are preparing for a possible extended decline in the token's price, with options data suggesting a bearish outlook in the near term.

根据领先的加密期权交易所 Deribit 的说法，比特币交易者正在为代币价格可能进一步下跌做好准备，期权数据表明近期前景看跌。

In the past 24 hours, the volume of Bitcoin put options expiring on March 29 has surpassed that of call options. This shift in the put-to-call ratio, a crucial indicator of market sentiment, signals that traders are anticipating a potential drop in Bitcoin's value. On the platform, the strike prices of these put options are concentrated around $50,000 and $45,000, while Bitcoin was trading at approximately $63,500 on Friday.

过去24小时内，3月29日到期的比特币看跌期权交易量已超过看涨期权交易量。看跌期权与看涨期权比率的这种变化是市场情绪的关键指标，表明交易者预计比特币的价值可能会下跌。在该平台上，这些看跌期权的执行价格集中在 50,000 美元和 45,000 美元左右，而比特币周五的交易价格约为 63,500 美元。

The market correction is attributed to substantial outflows from the Grayscale Bitcoin Trust (GBTC), according to David Lawant, head of research at crypto prime broker FalconX. "Yesterday's spot ETF net inflows data revealed the second four-day outflow streak since these products began on January 11," Lawant told Bloomberg.

加密货币主要经纪商 FalconX 研究主管 David Lawant 表示，市场调整归因于灰度比特币信托基金 (GBTC) 的大量资金外流。 Lawant 告诉彭博社：“昨天的现货 ETF 净流入数据显示，自 1 月 11 日这些产品开始以来，第二个连续四天的资金流出。”

The downturn in Bitcoin's price contrasts with the recent upswing in the stock market, where traders are more upbeat about the Federal Reserve potentially cutting interest rates this year. Bitcoin has fallen by over 10% from its all-time high, marking one of the year's most significant declines, as the group of ten spot Bitcoin ETFs is set to record its highest outflow since launch. Over $218 million in optimistic bets were liquidated in the past 24 hours, according to data from Coinglass.

比特币价格的低迷与近期股市的上涨形成鲜明对比，交易员对美联储今年可能降息的可能性更加乐观。比特币已从历史高点下跌超过 10%，这是今年最显着的跌幅之一，十只现货比特币 ETF 预计将创下自推出以来的最高流出量。 Coinglass 的数据显示，过去 24 小时内，超过 2.18 亿美元的乐观押注被清算。

Chris Newhouse, a DeFi analyst at Cumberland Labs, explained to Bloomberg that while digital assets initially reacted positively to macro tailwinds surrounding the Federal Open Market Committee (FOMC) meeting, a diminishing correlation to equities, fueled by product-specific outflows and liquidations, appears to have dragged Bitcoin and Ethereum lower.

Cumberland Labs 的 DeFi 分析师 Chris Newhouse 向彭博社解释说，虽然数字资产最初对联邦公开市场委员会 (FOMC) 会议的宏观利好反应积极，但在特定产品的资金外流和清算的推动下，与股票的相关性似乎正在减弱。拖累比特币和以太坊走低。

The funding rates for perpetual futures, which reveal the extent of leverage in crypto trading, continue to be relatively modest following recent waves of liquidations. This indicates that the current decline in Bitcoin's price may be less abrupt than previous pullbacks. However, the high degree of leverage in long positions exacerbated Bitcoin's decline on Monday, with over $582 million in long liquidations and a total liquidation of more than $738 million.

在最近的清算浪潮之后，永续期货的融资利率继续相对较低，该利率揭示了加密货币交易中的杠杆程度。这表明当前比特币价格的下跌可能没有之前的回调那么突然。然而，多头头寸的高杠杆加剧了比特币周一的跌势，多头清算金额超过 5.82 亿美元，总清算金额超过 7.38 亿美元。

Despite the existing bearish sentiment in the options market and the recent price drop, certain analysts remain bullish regarding Bitcoin's long-term prospects. A recent report by Bernstein claims that Bitcoin could be positioned for significant gains by the year's end, with a price objective of $90,000.

尽管期权市场存在看跌情绪并且最近价格下跌，但某些分析师仍然看好比特币的长期前景。 Bernstein 最近的一份报告称，比特币可能会在年底前大幅上涨，目标价格为 90,000 美元。

The analysts also consider Bitcoin miners to be enticing investments for equity investors, highlighting factors like the new Bitcoin bull cycle and strong exchange-traded fund (ETF) inflows.

分析师还认为，比特币矿商对股票投资者来说是有吸引力的投资，强调了新的比特币牛市周期和强劲的交易所交易基金（ETF）流入等因素。