Bitcoin Surges Past $65,000, Driven by Options Market

在選擇權市場的推動下，比特幣飆升至 65,000 美元以上

Bitcoin price has breached the $65,000 mark for the first time in a month, reaching $65,687 on Thursday, representing a 3.7% gain. This surge coincides with the impending expiration of over $5.8 billion in options contracts, which analysts believe could introduce further volatility in the market.

比特幣價格一個月來首次突破 65,000 美元大關，週四達到 65,687 美元，漲幅為 3.7%。此次飆升恰逢超過 58 億美元的選擇權合約即將到期，分析師認為這可能會導致市場進一步波動。

Chris Newhouse, research director at Cumberland Labs, highlights the significance of $65,000 as a resistance level in August and September. "We're testing it again," he notes, adding that a breakout above this level could trigger a rally, while a breakdown below $65,000 may lead to a sell-off.

Cumberland Labs 研究總監 Chris Newhouse 強調了 65,000 美元作為 8 月和 9 月阻力位的重要性。 「我們正在再次測試它，」他指出，並補充說，突破該水平可能會引發反彈，而跌破 65,000 美元可能會導致拋售。

Bitcoin Price Chart | Source: CoinMarketCap

比特幣價格圖表|資料來源：CoinMarketCap

The positive sentiment extends beyond Bitcoin to other altcoins, including Dogecoin (9%), Solana (5%), and Avalanche (6.5%).

這種正面情緒不僅限於比特幣，還延伸到了其他山寨幣，包括狗狗幣 (9%)、Solana (5%) 和 Avalanche (6.5%)。

Approximately 20% of Bitcoin contracts are in the money ahead of the options expiration on Friday. Deribit's CEO, Luuk Strijers, believes this substantial expiration could influence the market as traders adjust their positions.

在周五期權到期之前，大約 20% 的比特幣合約處於實值狀態。 Deribit 執行長 Luuk Strijers 認為，隨著交易者調整頭寸，這次大幅到期可能會影響市場。

Darius Tabai, CEO of Vertex, comments, "The market is expected to experience uncertainty prior to expiration as gamma hedging dominates the market around the 60 and 65k levels."

Vertex 執行長 Darius Tabai 評論道：“預計市場在到期前將經歷不確定性，因為伽瑪對沖在 60 和 65k 水平左右主導市場。”

Meanwhile, discussions regarding cryptocurrency regulation continue, with investors anticipating clearer rules to enhance market stability.

同時，有關加密貨幣監管的討論仍在繼續，投資者期待更明確的規則以增強市場穩定性。