PANews 6月5日消息，据Deribit公告，本周五16:00（北京时间）将有超过38亿美元的加密期权到期。其中，BTC期权名义价值为32.1亿美元，Put/Call比为0.76，最大痛点价为10.5万美元；ETH期权名义价值为6.24亿美元，Put/Call比为0.69，最大痛点价为2600美元。目前看涨期权占据主导地位。

<img src="https://static.fwimg.io/img/feed/a104735a013dbb53abcce4faac1947b5.jpg">PANews 6月5日消息，据Deribit公告，本周五16:00（北京时间）将有超过38亿美元的加密期权到期。其中，BTC期权名义价值为32.1亿美元，Put/Call比为0.76，最大痛点价为10.5万美元；ETH期权名义价值为6.24亿美元，Put/Call比为0.69，最大痛点价为2600美元。目前看涨期权占据主导地位。

Deribit：38亿美元BTC期权和ETH期权即将到期，看涨期权占主导地位

<PANews> On June 5th, according to a <Deribit> announcement, over $3.8 billion in crypto options will expire this Friday at 16:00 (Beijing time). Among these, <BTC> options have a notional value of $3.21 billion, with a Put/Call ratio of 0.76 and a maximum pain point of $105,000; <ETH> options have a notional value of $624 million, with a Put/Call ratio of 0.69 and a maximum pain point of $2,600. Currently, call options are dominant.

<img src="https://static.fwimg.io/img/feed/a104735a013dbb53abcce4faac1947b5.jpg">PANews reports on June 5th that according to Deribit announcement, over $3.8 billion in crypto options will expire this Friday at 16:00 (Beijing time). Among them, BTC options have a nominal value of $3.21 billion, with a Put/Call ratio of 0.76 and a maximum pain point of $105,000; ETH options have a nominal value of $624 million, with a Put/Call ratio of 0.69 and a maximum pain point of $2,600. Currently, call options are dominant.

Deribit: $3.8 billion in BTC and ETH options are about to expire, with call options dominating

While fixed-rate returns are higher, liquidity is a price crypto users are unwilling to pay.

Why do DeFi users reject fixed interest rates?

Source: Galaxy Research
Translation: Jinse Finance
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakout after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged liquidations, and the actions of whale...

Galaxy: 26 Predictions for the Crypto Market in 2026

Following the controversy surrounding Fundstrat's Bitcoin views, co-founder Tom Lee responded, stating that the "contradictory predictions" seen by outsiders were actually research conclusions from different positions and timelines, not internal disagreements. Previously, Sean Farrell, head of digital asset strategy at Fundstrat, suggested that Bitcoin might retrace to the $60,000-$65,000 range in the first half of 2026; while Tom Lee believed Bitcoin could reach new highs, even surging to $200,000 as early as the beginning of 2026. A Fundstrat...