价值$5.28B的比特币期权在美国大选前到期，ETH面临看跌压力

10 月 25 日，价值 52.8 亿美元的比特币和以太坊期权到期，促使交易者在美国之前为潜在的波动做好准备

Options worth $5.28 billion for Bitcoin and Ethereum expired on October 25, ahead of the U.S. elections.

价值 52.8 亿美元的比特币和以太坊期权于 10 月 25 日美国大选前到期。

Bitcoin options expiring on October 25 totaled 63,000, with a Put/Call Ratio of 0.66. This indicates a stronger preference for call options, reflecting bullish market sentiment.

10 月 25 日到期的比特币期权总计 63,000 个，看跌期权/看涨期权比率为 0.66。这表明对看涨期权的偏好更强，反映了看涨的市场情绪。

The Max Pain point for Bitcoin options was set at $64,000, suggesting that traders anticipated Bitcoin to hover around this level by the time of the options expiry.

比特币期权的最大痛苦点设定为 64,000 美元，这表明交易者预计比特币在期权到期时将徘徊在该水平附近。

With a notional value of $4.26 billion, Bitcoin's performance remained strong as market participants looked ahead to upcoming events.

比特币的名义价值为 42.6 亿美元，随着市场参与者对即将发生的事件的展望，比特币的表现依然强劲。

A total of 403,000 ETH options expired on October 25, with a Put/Call Ratio of 0.97. This reflects a near-even split between bullish and bearish sentiment.

共有 403,000 个 ETH 期权于 10 月 25 日到期，看跌/看涨比率为 0.97。这反映出看涨情绪和看跌情绪之间几乎持平。

The maximum pain point of $2,600 indicated that Ethereum was trading at lower expectations, continuing to struggle to recover from yearly lows.

2,600 美元的最大痛点表明以太坊的交易价格低于预期，继续努力从年度低点恢复过来。

The notional value of expired Ethereum options was $1.02 billion, significantly lower than that of Bitcoin.

过期以太坊期权的名义价值为10.2亿美元，明显低于比特币。

As the November U.S. elections approached, traders prepared for increased volatility in the cryptocurrency markets. Bitcoin's Implied Volatility (IV) for November 8 was at 55%.

随着 11 月美国大选临近，交易员为加密货币市场的波动加剧做好了准备。 11 月 8 日比特币的隐含波动率 (IV) 为 55%。

Earlier this week, Bitcoin approached $70,000 amid close polling between Donald Trump and Kamala Harris.

本周早些时候，在唐纳德·特朗普和卡马拉·哈里斯之间的密切民意调查中，比特币接近 70,000 美元。

Coin Edition traders are betting on Bitcoin to cross $80,000 in November, regardless of the election outcome. Trump's support for cryptocurrency and Harris's moderate stance on regulation were seen as positive indicators.

无论选举结果如何，Coin Edition 交易员押注 11 月比特币价格将突破 80,000 美元。特朗普对加密货币的支持和哈里斯对监管的温和立场被视为积极指标。

According to Deribit, open interest for call contracts expiring in November is concentrated around $80,000, while options expiring on December 27 are seeing bets around the $100,000 mark.

据 Deribit 称，11 月到期的看涨期权未平仓合约集中在 80,000 美元左右，而 12 月 27 日到期的期权则押注在 100,000 美元左右。