H&#417;n 5.6 t&#7927; USD trong c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin v&agrave; Ethereum s&#7869; h&#7871;t h&#7841;n h&ocirc;m nay, g&acirc;y ra s&#7921; bi&#7871;n &#273;&#7897;ng m&#7841;nh khi c&aacute;c nh&agrave; giao d&#7883;ch &#273;&#7889;i m&#7863;t v&#7899;i c&aacute;c m&#7913;c h&#7895; tr&#7907; quan tr&#7885;ng.
Vi&#7879;c h&#7871;t h&#7841;n n&agrave;y c&oacute; th&#7875; k&iacute;ch ho&#7841;t s&#7921; thay &#273;&#7893;i l&#7899;n ti&#7871;p theo trong gi&aacute; ti&#7873;n &#273;i&#7879;n t&#7917;, v&#7899;i c&#7843; ni&#7873;m tin t&#259;ng gi&aacute; v&agrave; r&#7911;i ro gi&#7843;m gi&aacute; &#273;&#7873;u hi&#7879;n di&#7879;n.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-billions-on-the-line-option-expiry-event-brings-increased-uncertainty">H&agrave;ng t&#7927; USD &#273;ang b&#7883; &#273;e d&#7885;a: S&#7921; ki&#7879;n &#273;&aacute;o h&#7841;n quy&#7873;n ch&#7885;n mang l&#7841;i s&#7921; b&#7845;t &#273;&#7883;nh gia t&#259;ng</h2>

Th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; &#273;ang c&#259;ng th&#7859;ng tr&#432;&#7899;c khi c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n h&#7871;t h&#7841;n h&ocirc;m nay. L&atilde;i su&#7845;t m&#7903; v&agrave; ho&#7841;t &#273;&#7897;ng c&#7911;a nh&agrave; giao d&#7883;ch cho th&#7845;y cu&#7897;c chi&#7871;n gi&#7919;a nh&#7919;ng ng&#432;&#7901;i mua l&#7841;c quan v&agrave; ng&#432;&#7901;i b&aacute;n th&#7853;n tr&#7885;ng. K&#7871;t qu&#7843; c&#7911;a vi&#7879;c h&#7871;t h&#7841;n l&#7899;n n&agrave;y c&oacute; th&#7875; &#273;&#7883;nh h&igrave;nh xu h&#432;&#7899;ng cho c&#7843; hai t&agrave;i s&#7843;n v&agrave;o cu&#7889;i tu&#7847;n.
Theo d&#7919; li&#7879;u t&#7915; Deribit, h&#417;n 5.6 t&#7927; USD trong c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin v&agrave; Ethereum s&#7869; h&#7871;t h&#7841;n h&ocirc;m nay.
C&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin chi&#7871;m ph&#7847;n l&#7899;n trong s&#7889; n&agrave;y, v&#7899;i gi&aacute; tr&#7883; danh ngh&#297;a l&agrave; 4.7 t&#7927; USD. M&#7913;c gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t, n&#417;i m&agrave; nhi&#7873;u quy&#7873;n ch&#7885;n m&#7845;t gi&aacute; tr&#7883; nh&#7845;t, l&agrave; 118,000 USD, t&#7841;o th&agrave;nh m&#7897;t khu v&#7921;c h&#7895; tr&#7907; quan tr&#7885;ng.
<img style="height:400px;width:640px;" decoding="async" alt="Bitcoin Expiring Options" class="wp-image-759074 lazy" loading="lazy" src="https://assets.beincrypto.com/img/PMDrBmw5EGzlLDM1EAnQOzhr3tw=/smart/582e01f665de4efcb72d7c3f44b2d3be">C&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin s&#7855;p h&#7871;t h&#7841;n. Ngu&#7891;n:&nbsp;<a href="https://www.deribit.com/statistics/BTC/metrics/options" target="_blank" rel="noreferrer noopener nofollow">Deribit</a>

T&#7893;ng l&atilde;i su&#7845;t m&#7903; (OI) cho c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin s&#7855;p h&#7871;t h&#7841;n n&agrave;y l&agrave; 38,870 h&#7907;p &#273;&#7891;ng. Theo c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch c&#7911;a Deribit, c&aacute;c nh&agrave; giao d&#7883;ch Bitcoin &#273;ang chia r&#7869; gi&#7919;a c&aacute;c quy&#7873;n ch&#7885;n b&aacute;n 110,000 USD v&agrave; quy&#7873;n ch&#7885;n mua 120,000 USD. &#272;i&#7873;u n&agrave;y cho th&#7845;y s&#7921; &#273;&#7889;i &#273;&#7847;u gi&#7919;a phe t&#259;ng gi&aacute; v&agrave; phe gi&#7843;m gi&aacute;.
Trong khi &#273;&oacute;, Ethereum c&oacute; v&#7867; l&#7841;c quan h&#417;n, v&#7899;i t&#7927; l&#7879; quy&#7873;n ch&#7885;n b&aacute;n so v&#7899;i quy&#7873;n ch&#7885;n mua l&agrave; 0.90. T&#7927; l&#7879; c&#7911;a Bitcoin l&agrave; 1.10 cho th&#7845;y s&#7921; &#432;u ti&ecirc;n cho b&#7843;o v&#7879; gi&#7843;m gi&aacute;, trong khi t&#7927; l&#7879; th&#7845;p h&#417;n c&#7911;a Ethereum b&aacute;o hi&#7879;u &#273;&#7897;ng l&#7921;c t&#259;ng gi&aacute;.
H&ocirc;m nay, v&agrave;o l&uacute;c 8:00 UTC, 944.5 tri&#7879;u USD trong c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Ethereum s&#7869; h&#7871;t h&#7841;n tr&ecirc;n Deribit. M&#7913;c gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t c&#7911;a Ethereum l&agrave; 4,400 USD, v&agrave; l&atilde;i su&#7845;t m&#7903; &#273;ang ti&#7871;n g&#7847;n 217,000.
<img style="height:400px;width:640px;" decoding="async" alt="Ethereum Expiring Options" class="wp-image-759075 lazy" loading="lazy" src="https://assets.beincrypto.com/img/-78ApwWkdQzafW_E8Mc9G0ZJoNg=/smart/dabcb08535de4876bba9c9b12a3973ad">C&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Ethereum s&#7855;p h&#7871;t h&#7841;n. Ngu&#7891;n:&nbsp;<a href="https://www.deribit.com/statistics/ETH/metrics/options" target="_blank" rel="noreferrer noopener nofollow">Deribit</a>

Vi&#7879;c h&#7871;t h&#7841;n h&ocirc;m nay, cao h&#417;n &#273;&aacute;ng k&#7875; so v&#7899;i <a href="https://vn.beincrypto.com/4-billion-bitcoin-ethereum-options-expire/" target="_blank" rel="noreferrer noopener">4.3 t&#7927; USD &#273;&atilde; ch&#7913;ng ki&#7871;n tu&#7847;n tr&#432;&#7899;c</a>, khi&#7871;n c&#7843; nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; v&agrave; t&#7893; ch&#7913;c &#273;&#7873;u lo l&#7855;ng.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;&hellip;c&aacute;c nh&agrave; giao d&#7883;ch BTC &#273;ang chia r&#7869; gi&#7919;a quy&#7873;n ch&#7885;n b&aacute;n 110K USD v&agrave; quy&#7873;n ch&#7885;n mua 120K USD, trong khi d&ograve;ng ch&#7843;y ETH l&#7841;c quan h&#417;n,&rdquo; c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/DeribitOfficial/status/1976179963792408895" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a>.
</blockquote>

S&#7921; ki&#7879;n h&#7871;t h&#7841;n n&agrave;y &#273;ang &#273;&#432;&#7907;c theo d&otilde;i ch&#7863;t ch&#7869;. S&#7921; gia t&#259;ng trong l&atilde;i su&#7845;t m&#7903; th&#432;&#7901;ng x&#7843;y ra tr&#432;&#7899;c khi c&oacute; s&#7921; bi&#7871;n &#273;&#7897;ng m&#7841;nh, v&#7899;i c&aacute;c &#273;&#7907;t h&#7871;t h&#7841;n l&#7899;n d&#7851;n &#273;&#7871;n thay &#273;&#7893;i gi&aacute; nhanh ch&oacute;ng v&agrave; bi&#7871;n &#273;&#7897;ng ng&#7855;n h&#7841;n.
Trong nh&#7919;ng giai &#273;o&#7841;n n&agrave;y, thanh kho&#7843;n th&#7845;p c&oacute; th&#7875; l&agrave;m t&#259;ng c&#432;&#7901;ng &#273;&#7897; dao &#273;&#7897;ng v&agrave; g&acirc;y hi&#7875;u l&#7847;m cho c&aacute;c t&iacute;n hi&#7879;u th&#7883; tr&#432;&#7901;ng c&#7843; &#7903; th&#7883; tr&#432;&#7901;ng giao ngay v&agrave; ph&aacute;i sinh. C&aacute;c &#273;&#7907;t h&#7871;t h&#7841;n quy&#7873;n ch&#7885;n l&#7899;n c&oacute; th&#7875; l&agrave;m t&#259;ng s&#7921; bi&#7871;n &#273;&#7897;ng, &#273;&#7863;c bi&#7879;t khi v&#7883; th&#7871; &#273;ang b&#7883; ch&#7853;t ch&#7897;i.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-risk-intensifies-as-traders-eye-key-support">R&#7911;i ro gia t&#259;ng khi c&aacute;c nh&agrave; giao d&#7883;ch ch&uacute; &yacute; &#273;&#7871;n ng&#432;&#7905;ng h&#7895; tr&#7907; quan tr&#7885;ng</h2>

Theo Glassnode, Bitcoin &#273;ang giao d&#7883;ch tr&ecirc;n c&#417; s&#7903; chi ph&iacute; c&#7911;a ng&#432;&#7901;i n&#7855;m gi&#7919; ng&#7855;n h&#7841;n. &#272;i&#7873;u n&agrave;y b&aacute;o hi&#7879;u &#273;&#7897;ng l&#7921;c t&#259;ng gi&aacute; &#273;ang ti&#7871;p di&#7877;n nh&#432;ng c&#361;ng l&agrave;m t&#259;ng r&#7911;i ro ng&#7855;n h&#7841;n. N&#7871;u &#273;&#7907;t t&#259;ng gi&aacute; ti&#7871;p t&#7909;c, n&oacute; c&oacute; th&#7875; b&#432;&#7899;c v&agrave;o v&ugrave;ng qu&aacute; n&oacute;ng v&agrave; c&oacute; nguy c&#417; &#273;i&#7873;u ch&#7881;nh m&#7841;nh.
&#272;&#7889;i v&#7899;i Ethereum, s&#7921; gia t&#259;ng l&atilde;i su&#7845;t m&#7903; cho th&#7845;y s&#7921; tham gia c&#7911;a nhi&#7873;u nh&agrave; giao d&#7883;ch h&#417;n tr&#432;&#7899;c nh&#7919;ng thay &#273;&#7893;i c&oacute; th&#7875; &#7843;nh h&#432;&#7903;ng &#273;&#7871;n th&#7883; tr&#432;&#7901;ng.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Bitcoin ti&#7871;p t&#7909;c giao d&#7883;ch cao h&#417;n c&#417; s&#7903; chi ph&iacute; c&#7911;a ng&#432;&#7901;i n&#7855;m gi&#7919; ng&#7855;n h&#7841;n. &#272;&#7907;t t&#259;ng gi&aacute; v&#7851;n d&#432;&#7899;i v&ugrave;ng qu&aacute; n&oacute;ng (+1 STD), cho th&#7845;y &#273;&#7897;ng l&#7921;c cao nh&#432;ng &#273;ang ti&#7871;n g&#7847;n &#273;&#7871;n &#273;i&#7873;u ki&#7879;n r&#7911;i ro ng&#7855;n h&#7841;n,&rdquo; <a href="https://x.com/glassnode/status/1976213934404509825" target="_blank" rel="noreferrer noopener nofollow">Glassnode cho bi&#7871;t</a> trong m&#7897;t b&agrave;i &#273;&#259;ng.
</blockquote>

<img style="height:400px;width:640px;" decoding="async" alt="Glassnode BTC: STH Cost Basis Model Chart" class="wp-image-759067 lazy" loading="lazy" src="https://assets.beincrypto.com/img/gXaV5_-Qi9LibZqfdXP7-MYKjUE=/smart/d085dc5b56874fb68aee6feb064f136d">C&#417; s&#7903; chi ph&iacute; c&#7911;a ng&#432;&#7901;i n&#7855;m gi&#7919; ng&#7855;n h&#7841;n BTC so v&#7899;i gi&aacute;. Ngu&#7891;n: <a href="https://x.com/glassnode/status/1976213934404509825" target="_blank" rel="noreferrer noopener nofollow">Glassnode tr&ecirc;n X</a>

Nh&#7919;ng l&#7847;n t&#259;ng l&atilde;i su&#7845;t m&#7903; tr&#432;&#7899;c &#273;&acirc;y &#273;&atilde; &#273;i k&egrave;m v&#7899;i c&aacute;c &#273;&#7907;t b&ugrave;ng n&#7893; gi&aacute;, th&#432;&#7901;ng ph&#7843;n &aacute;nh ni&#7873;m tin ng&agrave;y c&agrave;ng t&#259;ng c&#7911;a c&aacute;c nh&agrave; giao d&#7883;ch.
Tuy nhi&ecirc;n, khi l&atilde;i su&#7845;t m&#7903; t&#259;ng m&#7841;nh, c&aacute;c v&#7883; th&#7871; c&oacute; th&#7875; tr&#7903; n&ecirc;n ch&#7853;t ch&#7897;i v&agrave; d&#7877; b&#7883; t&#7893;n th&#432;&#417;ng. D&#7919; li&#7879;u t&#7915; Glassnode ghi nh&#7853;n r&#7857;ng m&#7897;t &#273;&#7907;t &#273;i&#7873;u ch&#7881;nh g&#7847;n &#273;&acirc;y &#273;ang th&#7917; th&aacute;ch c&aacute;c v&#7883; th&#7871; c&oacute; &#273;&ograve;n b&#7849;y, v&#7899;i h&#7895; tr&#7907; quan tr&#7885;ng &#7903; m&#7913;c 118,000 USD cho Bitcoin v&agrave; 4,400 USD cho Ethereum. &#272;&aacute;ng ch&uacute; &yacute;, &#273;&acirc;y l&agrave; c&aacute;c m&#7913;c gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t cho c&#7843; hai t&agrave;i s&#7843;n.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;&hellip;&#272;&#7907;t &#273;i&#7873;u ch&#7881;nh hi&#7879;n t&#7841;i &#273;ang th&#7917; th&aacute;ch c&aacute;c v&#7883; th&#7871; n&agrave;y, gi&uacute;p thi&#7871;t l&#7853;p l&#7841;i &#273;&ograve;n b&#7849;y. &#272;i&#7873;u quan tr&#7885;ng l&agrave; xem ng&#432;&#7901;i mua s&#7869; tham gia &#7903; &#273;&acirc;u v&agrave; li&#7879;u c&aacute;c m&#7913;c h&#7895; tr&#7907; c&oacute; thu h&uacute;t nhu c&#7847;u m&#7899;i hay kh&ocirc;ng,&rdquo; <a href="https://x.com/glassnode/status/1975587325133341055" target="_blank" rel="noreferrer noopener nofollow">Glassnode vi&#7871;t</a>.
</blockquote>

Vi&#7879;c h&#7871;t h&#7841;n tu&#7847;n n&agrave;y l&agrave; m&#7897;t ph&#7847;n c&#7911;a xu h&#432;&#7899;ng l&#7899;n h&#417;n k&#7871;t n&#7889;i ho&#7841;t &#273;&#7897;ng ph&aacute;i sinh v&#7899;i gi&aacute; giao ngay v&agrave; r&#7911;i ro thanh kho&#7843;n. C&aacute;c giai &#273;o&#7841;n h&#7871;t h&#7841;n quy&#7873;n ch&#7885;n c&oacute; th&#7875; k&iacute;ch ho&#7841;t dao &#273;&#7897;ng m&#7841;nh h&#417;n do v&#7883; th&#7871; c&#7911;a nh&agrave; giao d&#7883;ch. Trong khi quy&#7873;n ch&#7885;n c&oacute; th&#7875; gi&#7843;m b&#7899;t s&#7921; bi&#7871;n &#273;&#7897;ng d&agrave;i h&#7841;n, c&aacute;c s&#7921; ki&#7879;n h&#7871;t h&#7841;n &#273;&ocirc;ng &#273;&uacute;c th&#432;&#7901;ng g&acirc;y ra c&aacute;c &#273;&#7907;t t&#259;ng gi&aacute; ng&#7855;n h&#7841;n.
Do &#273;&oacute;, khi c&aacute;c quy&#7873;n ch&#7885;n n&agrave;y g&#7847;n h&#7871;t h&#7841;n, c&aacute;c nh&agrave; giao d&#7883;ch v&agrave; nh&agrave; &#273;&#7847;u t&#432; n&ecirc;n chu&#7849;n b&#7883; cho s&#7921; bi&#7871;n &#273;&#7897;ng, v&#7899;i Bitcoin v&agrave; Ethereum c&oacute; kh&#7843; n&#259;ng h&#432;&#7899;ng v&#7873; c&aacute;c m&#7913;c h&#7895; tr&#7907; gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t c&#7911;a ch&uacute;ng. Tuy nhi&ecirc;n, s&#7921; bi&#7871;n &#273;&#7897;ng n&agrave;y s&#7869; gi&#7843;m sau khi quy&#7873;n ch&#7885;n h&#7871;t h&#7841;n, khi c&aacute;c nh&agrave; giao d&#7883;ch &#273;i&#7873;u ch&#7881;nh v&#7899;i m&ocirc;i tr&#432;&#7901;ng th&#7883; tr&#432;&#7901;ng m&#7899;i.
N&#7871;u ng&#432;&#7901;i mua h&#7845;p th&#7909; c&aacute;c v&#7883; th&#7871; h&#7871;t h&#7841;n, ni&#7873;m tin c&oacute; th&#7875; tr&#7903; l&#7841;i, t&#259;ng c&#417; h&#7897;i cho s&#7921; t&#259;ng gi&aacute; ti&#7871;p theo, &#273;&#7863;c bi&#7879;t l&agrave; trong cu&#7889;i tu&#7847;n khi kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch th&#7845;p.
Tuy nhi&ecirc;n, n&#7871;u ph&aacute; v&#7905; d&#432;&#7899;i m&#7913;c h&#7895; tr&#7907; v&#7899;i l&atilde;i su&#7845;t m&#7903; gi&#7843;m, c&oacute; th&#7875; d&#7851;n &#273;&#7871;n s&#7921; bi&#7871;n &#273;&#7897;ng ng&#7855;n h&#7841;n t&#259;ng m&#7841;nh.

Hơn 5.6 tỷ USD trong các tùy chọn Bitcoin, Ethereum sắp hết hạn: Nhà giao dịch nên mong đợi điều gì?

H&#417;n 5.6 t&#7927; USD trong c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin v&agrave; Ethereum s&#7869; h&#7871;t h&#7841;n h&ocirc;m nay, g&acirc;y ra s&#7921; bi&#7871;n &#273;&#7897;ng m&#7841;nh khi c&aacute;c nh&agrave; giao d&#7883;ch &#273;&#7889;i m&#7863;t v&#7899;i c&aacute;c m&#7913;c h&#7895; tr&#7907; quan tr&#7885;ng.
Vi&#7879;c h&#7871;t h&#7841;n n&agrave;y c&oacute; th&#7875; k&iacute;ch ho&#7841;t s&#7921; thay &#273;&#7893;i l&#7899;n ti&#7871;p theo trong gi&aacute; ti&#7873;n &#273;i&#7879;n t&#7917;, v&#7899;i c&#7843; ni&#7873;m tin t&#259;ng gi&aacute; v&agrave; r&#7911;i ro gi&#7843;m gi&aacute; &#273;&#7873;u hi&#7879;n di&#7879;n.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-billions-on-the-line-option-expiry-event-brings-increased-uncertainty">H&agrave;ng t&#7927; USD &#273;ang b&#7883; &#273;e d&#7885;a: S&#7921; ki&#7879;n &#273;&aacute;o h&#7841;n quy&#7873;n ch&#7885;n mang l&#7841;i s&#7921; b&#7845;t &#273;&#7883;nh gia t&#259;ng</h2>

Th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; &#273;ang c&#259;ng th&#7859;ng tr&#432;&#7899;c khi c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n h&#7871;t h&#7841;n h&ocirc;m nay. L&atilde;i su&#7845;t m&#7903; v&agrave; ho&#7841;t &#273;&#7897;ng c&#7911;a nh&agrave; giao d&#7883;ch cho th&#7845;y cu&#7897;c chi&#7871;n gi&#7919;a nh&#7919;ng ng&#432;&#7901;i mua l&#7841;c quan v&agrave; ng&#432;&#7901;i b&aacute;n th&#7853;n tr&#7885;ng. K&#7871;t qu&#7843; c&#7911;a vi&#7879;c h&#7871;t h&#7841;n l&#7899;n n&agrave;y c&oacute; th&#7875; &#273;&#7883;nh h&igrave;nh xu h&#432;&#7899;ng cho c&#7843; hai t&agrave;i s&#7843;n v&agrave;o cu&#7889;i tu&#7847;n.
Theo d&#7919; li&#7879;u t&#7915; Deribit, h&#417;n 5.6 t&#7927; USD trong c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin v&agrave; Ethereum s&#7869; h&#7871;t h&#7841;n h&ocirc;m nay.
C&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin chi&#7871;m ph&#7847;n l&#7899;n trong s&#7889; n&agrave;y, v&#7899;i gi&aacute; tr&#7883; danh ngh&#297;a l&agrave; 4.7 t&#7927; USD. M&#7913;c gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t, n&#417;i m&agrave; nhi&#7873;u quy&#7873;n ch&#7885;n m&#7845;t gi&aacute; tr&#7883; nh&#7845;t, l&agrave; 118,000 USD, t&#7841;o th&agrave;nh m&#7897;t khu v&#7921;c h&#7895; tr&#7907; quan tr&#7885;ng.
<img style="height:400px;width:640px;"decoding="async" alt="Bitcoin Expiring Options" class="wp-image-759074 lazy" loading="lazy" src="https://assets.beincrypto.com/img/PMDrBmw5EGzlLDM1EAnQOzhr3tw=/smart/582e01f665de4efcb72d7c3f44b2d3be">C&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin s&#7855;p h&#7871;t h&#7841;n. Ngu&#7891;n:&nbsp;<a href="https://www.deribit.com/statistics/BTC/metrics/options" target="_blank" rel="noreferrer noopener nofollow">Deribit</a>

T&#7893;ng l&atilde;i su&#7845;t m&#7903; (OI) cho c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Bitcoin s&#7855;p h&#7871;t h&#7841;n n&agrave;y l&agrave; 38,870 h&#7907;p &#273;&#7891;ng. Theo c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch c&#7911;a Deribit, c&aacute;c nh&agrave; giao d&#7883;ch Bitcoin &#273;ang chia r&#7869; gi&#7919;a c&aacute;c quy&#7873;n ch&#7885;n b&aacute;n 110,000 USD v&agrave; quy&#7873;n ch&#7885;n mua 120,000 USD. &#272;i&#7873;u n&agrave;y cho th&#7845;y s&#7921; &#273;&#7889;i &#273;&#7847;u gi&#7919;a phe t&#259;ng gi&aacute; v&agrave; phe gi&#7843;m gi&aacute;.
Trong khi &#273;&oacute;, Ethereum c&oacute; v&#7867; l&#7841;c quan h&#417;n, v&#7899;i t&#7927; l&#7879; quy&#7873;n ch&#7885;n b&aacute;n so v&#7899;i quy&#7873;n ch&#7885;n mua l&agrave; 0.90. T&#7927; l&#7879; c&#7911;a Bitcoin l&agrave; 1.10 cho th&#7845;y s&#7921; &#432;u ti&ecirc;n cho b&#7843;o v&#7879; gi&#7843;m gi&aacute;, trong khi t&#7927; l&#7879; th&#7845;p h&#417;n c&#7911;a Ethereum b&aacute;o hi&#7879;u &#273;&#7897;ng l&#7921;c t&#259;ng gi&aacute;.
H&ocirc;m nay, v&agrave;o l&uacute;c 8:00 UTC, 944.5 tri&#7879;u USD trong c&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Ethereum s&#7869; h&#7871;t h&#7841;n tr&ecirc;n Deribit. M&#7913;c gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t c&#7911;a Ethereum l&agrave; 4,400 USD, v&agrave; l&atilde;i su&#7845;t m&#7903; &#273;ang ti&#7871;n g&#7847;n 217,000.
<img style="height:400px;width:640px;"decoding="async" alt="Ethereum Expiring Options" class="wp-image-759075 lazy" loading="lazy" src="https://assets.beincrypto.com/img/-78ApwWkdQzafW_E8Mc9G0ZJoNg=/smart/dabcb08535de4876bba9c9b12a3973ad">C&aacute;c h&#7907;p &#273;&#7891;ng quy&#7873;n ch&#7885;n Ethereum s&#7855;p h&#7871;t h&#7841;n. Ngu&#7891;n:&nbsp;<a href="https://www.deribit.com/statistics/ETH/metrics/options" target="_blank" rel="noreferrer noopener nofollow">Deribit</a>

Vi&#7879;c h&#7871;t h&#7841;n h&ocirc;m nay, cao h&#417;n &#273;&aacute;ng k&#7875; so v&#7899;i <a href="https://vn.beincrypto.com/4-billion-bitcoin-ethereum-options-expire/" target="_blank" rel="noreferrer noopener">4.3 t&#7927; USD &#273;&atilde; ch&#7913;ng ki&#7871;n tu&#7847;n tr&#432;&#7899;c</a>, khi&#7871;n c&#7843; nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; v&agrave; t&#7893; ch&#7913;c &#273;&#7873;u lo l&#7855;ng.
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&ldquo;&hellip;c&aacute;c nh&agrave; giao d&#7883;ch BTC &#273;ang chia r&#7869; gi&#7919;a quy&#7873;n ch&#7885;n b&aacute;n 110K USD v&agrave; quy&#7873;n ch&#7885;n mua 120K USD, trong khi d&ograve;ng ch&#7843;y ETH l&#7841;c quan h&#417;n,&rdquo; c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/DeribitOfficial/status/1976179963792408895" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a>.
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S&#7921; ki&#7879;n h&#7871;t h&#7841;n n&agrave;y &#273;ang &#273;&#432;&#7907;c theo d&otilde;i ch&#7863;t ch&#7869;. S&#7921; gia t&#259;ng trong l&atilde;i su&#7845;t m&#7903; th&#432;&#7901;ng x&#7843;y ra tr&#432;&#7899;c khi c&oacute; s&#7921; bi&#7871;n &#273;&#7897;ng m&#7841;nh, v&#7899;i c&aacute;c &#273;&#7907;t h&#7871;t h&#7841;n l&#7899;n d&#7851;n &#273;&#7871;n thay &#273;&#7893;i gi&aacute; nhanh ch&oacute;ng v&agrave; bi&#7871;n &#273;&#7897;ng ng&#7855;n h&#7841;n.
Trong nh&#7919;ng giai &#273;o&#7841;n n&agrave;y, thanh kho&#7843;n th&#7845;p c&oacute; th&#7875; l&agrave;m t&#259;ng c&#432;&#7901;ng &#273;&#7897; dao &#273;&#7897;ng v&agrave; g&acirc;y hi&#7875;u l&#7847;m cho c&aacute;c t&iacute;n hi&#7879;u th&#7883; tr&#432;&#7901;ng c&#7843; &#7903; th&#7883; tr&#432;&#7901;ng giao ngay v&agrave; ph&aacute;i sinh. C&aacute;c &#273;&#7907;t h&#7871;t h&#7841;n quy&#7873;n ch&#7885;n l&#7899;n c&oacute; th&#7875; l&agrave;m t&#259;ng s&#7921; bi&#7871;n &#273;&#7897;ng, &#273;&#7863;c bi&#7879;t khi v&#7883; th&#7871; &#273;ang b&#7883; ch&#7853;t ch&#7897;i.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-risk-intensifies-as-traders-eye-key-support">R&#7911;i ro gia t&#259;ng khi c&aacute;c nh&agrave; giao d&#7883;ch ch&uacute; &yacute; &#273;&#7871;n ng&#432;&#7905;ng h&#7895; tr&#7907; quan tr&#7885;ng</h2>

Theo Glassnode, Bitcoin &#273;ang giao d&#7883;ch tr&ecirc;n c&#417; s&#7903; chi ph&iacute; c&#7911;a ng&#432;&#7901;i n&#7855;m gi&#7919; ng&#7855;n h&#7841;n. &#272;i&#7873;u n&agrave;y b&aacute;o hi&#7879;u &#273;&#7897;ng l&#7921;c t&#259;ng gi&aacute; &#273;ang ti&#7871;p di&#7877;n nh&#432;ng c&#361;ng l&agrave;m t&#259;ng r&#7911;i ro ng&#7855;n h&#7841;n. N&#7871;u &#273;&#7907;t t&#259;ng gi&aacute; ti&#7871;p t&#7909;c, n&oacute; c&oacute; th&#7875; b&#432;&#7899;c v&agrave;o v&ugrave;ng qu&aacute; n&oacute;ng v&agrave; c&oacute; nguy c&#417; &#273;i&#7873;u ch&#7881;nh m&#7841;nh.
&#272;&#7889;i v&#7899;i Ethereum, s&#7921; gia t&#259;ng l&atilde;i su&#7845;t m&#7903; cho th&#7845;y s&#7921; tham gia c&#7911;a nhi&#7873;u nh&agrave; giao d&#7883;ch h&#417;n tr&#432;&#7899;c nh&#7919;ng thay &#273;&#7893;i c&oacute; th&#7875; &#7843;nh h&#432;&#7903;ng &#273;&#7871;n th&#7883; tr&#432;&#7901;ng.
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&ldquo;Bitcoin ti&#7871;p t&#7909;c giao d&#7883;ch cao h&#417;n c&#417; s&#7903; chi ph&iacute; c&#7911;a ng&#432;&#7901;i n&#7855;m gi&#7919; ng&#7855;n h&#7841;n. &#272;&#7907;t t&#259;ng gi&aacute; v&#7851;n d&#432;&#7899;i v&ugrave;ng qu&aacute; n&oacute;ng (+1 STD), cho th&#7845;y &#273;&#7897;ng l&#7921;c cao nh&#432;ng &#273;ang ti&#7871;n g&#7847;n &#273;&#7871;n &#273;i&#7873;u ki&#7879;n r&#7911;i ro ng&#7855;n h&#7841;n,&rdquo; <a href="https://x.com/glassnode/status/1976213934404509825" target="_blank" rel="noreferrer noopener nofollow">Glassnode cho bi&#7871;t</a> trong m&#7897;t b&agrave;i &#273;&#259;ng.
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<img style="height:400px;width:640px;"decoding="async" alt="Glassnode BTC: STH Cost Basis Model Chart" class="wp-image-759067 lazy" loading="lazy" src="https://assets.beincrypto.com/img/gXaV5_-Qi9LibZqfdXP7-MYKjUE=/smart/d085dc5b56874fb68aee6feb064f136d">C&#417; s&#7903; chi ph&iacute; c&#7911;a ng&#432;&#7901;i n&#7855;m gi&#7919; ng&#7855;n h&#7841;n BTC so v&#7899;i gi&aacute;. Ngu&#7891;n: <a href="https://x.com/glassnode/status/1976213934404509825" target="_blank" rel="noreferrer noopener nofollow">Glassnode tr&ecirc;n X</a>

Nh&#7919;ng l&#7847;n t&#259;ng l&atilde;i su&#7845;t m&#7903; tr&#432;&#7899;c &#273;&acirc;y &#273;&atilde; &#273;i k&egrave;m v&#7899;i c&aacute;c &#273;&#7907;t b&ugrave;ng n&#7893; gi&aacute;, th&#432;&#7901;ng ph&#7843;n &aacute;nh ni&#7873;m tin ng&agrave;y c&agrave;ng t&#259;ng c&#7911;a c&aacute;c nh&agrave; giao d&#7883;ch.
Tuy nhi&ecirc;n, khi l&atilde;i su&#7845;t m&#7903; t&#259;ng m&#7841;nh, c&aacute;c v&#7883; th&#7871; c&oacute; th&#7875; tr&#7903; n&ecirc;n ch&#7853;t ch&#7897;i v&agrave; d&#7877; b&#7883; t&#7893;n th&#432;&#417;ng. D&#7919; li&#7879;u t&#7915; Glassnode ghi nh&#7853;n r&#7857;ng m&#7897;t &#273;&#7907;t &#273;i&#7873;u ch&#7881;nh g&#7847;n &#273;&acirc;y &#273;ang th&#7917; th&aacute;ch c&aacute;c v&#7883; th&#7871; c&oacute; &#273;&ograve;n b&#7849;y, v&#7899;i h&#7895; tr&#7907; quan tr&#7885;ng &#7903; m&#7913;c 118,000 USD cho Bitcoin v&agrave; 4,400 USD cho Ethereum. &#272;&aacute;ng ch&uacute; &yacute;, &#273;&acirc;y l&agrave; c&aacute;c m&#7913;c gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t cho c&#7843; hai t&agrave;i s&#7843;n.
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&ldquo;&hellip;&#272;&#7907;t &#273;i&#7873;u ch&#7881;nh hi&#7879;n t&#7841;i &#273;ang th&#7917; th&aacute;ch c&aacute;c v&#7883; th&#7871; n&agrave;y, gi&uacute;p thi&#7871;t l&#7853;p l&#7841;i &#273;&ograve;n b&#7849;y. &#272;i&#7873;u quan tr&#7885;ng l&agrave; xem ng&#432;&#7901;i mua s&#7869; tham gia &#7903; &#273;&acirc;u v&agrave; li&#7879;u c&aacute;c m&#7913;c h&#7895; tr&#7907; c&oacute; thu h&uacute;t nhu c&#7847;u m&#7899;i hay kh&ocirc;ng,&rdquo; <a href="https://x.com/glassnode/status/1975587325133341055" target="_blank" rel="noreferrer noopener nofollow">Glassnode vi&#7871;t</a>.
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Vi&#7879;c h&#7871;t h&#7841;n tu&#7847;n n&agrave;y l&agrave; m&#7897;t ph&#7847;n c&#7911;a xu h&#432;&#7899;ng l&#7899;n h&#417;n k&#7871;t n&#7889;i ho&#7841;t &#273;&#7897;ng ph&aacute;i sinh v&#7899;i gi&aacute; giao ngay v&agrave; r&#7911;i ro thanh kho&#7843;n. C&aacute;c giai &#273;o&#7841;n h&#7871;t h&#7841;n quy&#7873;n ch&#7885;n c&oacute; th&#7875; k&iacute;ch ho&#7841;t dao &#273;&#7897;ng m&#7841;nh h&#417;n do v&#7883; th&#7871; c&#7911;a nh&agrave; giao d&#7883;ch. Trong khi quy&#7873;n ch&#7885;n c&oacute; th&#7875; gi&#7843;m b&#7899;t s&#7921; bi&#7871;n &#273;&#7897;ng d&agrave;i h&#7841;n, c&aacute;c s&#7921; ki&#7879;n h&#7871;t h&#7841;n &#273;&ocirc;ng &#273;&uacute;c th&#432;&#7901;ng g&acirc;y ra c&aacute;c &#273;&#7907;t t&#259;ng gi&aacute; ng&#7855;n h&#7841;n.
Do &#273;&oacute;, khi c&aacute;c quy&#7873;n ch&#7885;n n&agrave;y g&#7847;n h&#7871;t h&#7841;n, c&aacute;c nh&agrave; giao d&#7883;ch v&agrave; nh&agrave; &#273;&#7847;u t&#432; n&ecirc;n chu&#7849;n b&#7883; cho s&#7921; bi&#7871;n &#273;&#7897;ng, v&#7899;i Bitcoin v&agrave; Ethereum c&oacute; kh&#7843; n&#259;ng h&#432;&#7899;ng v&#7873; c&aacute;c m&#7913;c h&#7895; tr&#7907; gi&aacute; &#273;au &#273;&#7899;n nh&#7845;t c&#7911;a ch&uacute;ng. Tuy nhi&ecirc;n, s&#7921; bi&#7871;n &#273;&#7897;ng n&agrave;y s&#7869; gi&#7843;m sau khi quy&#7873;n ch&#7885;n h&#7871;t h&#7841;n, khi c&aacute;c nh&agrave; giao d&#7883;ch &#273;i&#7873;u ch&#7881;nh v&#7899;i m&ocirc;i tr&#432;&#7901;ng th&#7883; tr&#432;&#7901;ng m&#7899;i.
N&#7871;u ng&#432;&#7901;i mua h&#7845;p th&#7909; c&aacute;c v&#7883; th&#7871; h&#7871;t h&#7841;n, ni&#7873;m tin c&oacute; th&#7875; tr&#7903; l&#7841;i, t&#259;ng c&#417; h&#7897;i cho s&#7921; t&#259;ng gi&aacute; ti&#7871;p theo, &#273;&#7863;c bi&#7879;t l&agrave; trong cu&#7889;i tu&#7847;n khi kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch th&#7845;p.
Tuy nhi&ecirc;n, n&#7871;u ph&aacute; v&#7905; d&#432;&#7899;i m&#7913;c h&#7895; tr&#7907; v&#7899;i l&atilde;i su&#7845;t m&#7903; gi&#7843;m, c&oacute; th&#7875; d&#7851;n &#273;&#7871;n s&#7921; bi&#7871;n &#273;&#7897;ng ng&#7855;n h&#7841;n t&#259;ng m&#7841;nh.