加密货币衍生品市场可能会看到4月4日期权事件引起的一些波动性

加密货币衍生品市场可能会看到4月4日的期权事件与比特币和以太坊在最前沿造成的波动。

The cryptocurrency derivatives market is gearing up for a significant event with the April 4 options expiry on both Bitcoin and Ethereum. According to options data on Chain Analytics, around 26,000 Bitcoin options, valued at roughly $2.02 billion, are set to expire.

加密货币衍生品市场正在为一项重大事件做好准备，而4月4日的选项对比特币和以太坊都有效。根据链分析的期权数据，约有26,000个比特币期权（价值约为20.2亿美元）将到期。

At 1.24, the put/call ratio indicates that more traders were focused on protecting themselves from downside risk. The max pain price, where options buyers experience the greatest financial loss, is calculated at $84,000.

在1.24时，观点/呼叫比率表明，越来越多的交易者专注于保护自己免受下行风险。最大痛苦价格，购买者经历最大的财务损失，计算出84,000美元。

This max pain point is interesting as it closely aligns with the current trading range of Bitcoin, suggesting a convergence towards a crucial area of interest.

这个最大疼痛点很有趣，因为它与当前的比特币交易范围紧密相符，这表明与关键领域的融合。

As options expirations approach, prices often tend to move towards this level, which can cause a large buildup of volatility both before and after the event. In this case, the amount of $84,000 is highlighted as a possible short-term magnet, but the relatively balanced distribution of calls and puts also suggests uncertainty and a lack of significant directional bias.

随着期权到期的临近，价格通常倾向于朝着这一水平发展，这可能会在活动前后引起大量波动。在这种情况下，$ 84,000的数量被突出显示为可能的短期磁铁，但是呼叫和看台的相对平衡的分布也表明了不确定性和缺乏明显的方向偏见。

On the other hand, Ethereum is set to see a more substantial expiration event with over 220,000 ETH options expiring. In contrast to BTC, there is stronger bearish sentiment indicated by a Put/Call Ratio of 1.42. ETH's max pain level is set at $1,850, representing its roughly $400 million notional value.

另一方面，以太坊将看到一个更实质性的到期事件，超过220,000个ETH期权到期。与BTC相反，put/呼叫比率为1.42。 ETH的最大疼痛水平为1,850美元，代表其大约4亿美元的名义价值。

The technical chart of Ethereum shows that it has been circling just above this area, which could suggest that the options market was correctly anticipating a range of consolidation.

以太坊的技术图表表明，它已经在该区域上方盘旋，这可能表明期权市场正确预期了一系列的合并。

From a trading perspective, these expirations will eliminate speculative positions, decreasing open interest and potentially leading to more distinct market trends. Traders should monitor changes in volume and volatility closely after the expiration, especially if Bitcoin attempts to break through its short-term resistance at around $85,000.

从交易的角度来看，这些到期将消除投机职位，减少开放兴趣，并可能导致更明显的市场趋势。贸易商应在到期后密切监视数量和波动性的变化，尤其是如果比特币试图突破其短期抵抗力，约为85,000美元左右。

Both Bitcoin and Ethereum appear to be stabilizing around their respective max pain points, which could indicate short-term consolidation while also setting the stage for the next directional move in the coming weeks.

比特币和以太坊似乎都在各自的最大疼痛点稳定，这可能表明短期合并，同时也为接下来的几周为下一个定向运动奠定了基础。