Data from Deribit shows that over 5.3 billion USD in cryptocurrency options will expire tomorrow. Bitcoin (BTC) dominates with 4.3 billion USD in notional value, the Put/Call ratio is 1.12, and the calculated “max pain” price is 117,000 USD. Traders are split between the 110K USD Put options and 120K USD Call options, reflecting the uncertain sentiment of the BTC market.
Ethereum options (ETH) total 940 million USD, Put/Call ratio 0.9 and max pain price 4,430 USD, indicating a slight bullish trend. The market position shows BTC traders are hedging risk, while ETH traders are leaning towards bullishness. This expiration could create volatility, as large positions affect price movement. These are key pressure points, providing insight into the sentiment and potential short-term price volatility of BTC and ETH.
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Over 5.3 billion USD worth of cryptocurrency options will expire tomorrow, according to data from Deribit.
Data from Deribit shows that over 5.3 billion USD in cryptocurrency options will expire tomorrow. Bitcoin (BTC) dominates with 4.3 billion USD in notional value, the Put/Call ratio is 1.12, and the calculated “max pain” price is 117,000 USD. Traders are split between the 110K USD Put options and 120K USD Call options, reflecting the uncertain sentiment of the BTC market.
Ethereum options (ETH) total 940 million USD, Put/Call ratio 0.9 and max pain price 4,430 USD, indicating a slight bullish trend. The market position shows BTC traders are hedging risk, while ETH traders are leaning towards bullishness. This expiration could create volatility, as large positions affect price movement. These are key pressure points, providing insight into the sentiment and potential short-term price volatility of BTC and ETH.