#$2.7 billion worth of options are about to expire.#
Hot Topic Overview
Overview
A total of approximately $2.73 billion worth of Bitcoin and Ethereum options will expire on Deribit exchange tomorrow. Of this, Bitcoin options have a notional value of $2.09 billion, with a put/call ratio of 0.95 and a maximum pain point of $96,000; Ethereum options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. Due to the divergence in the put/call ratio, Bitcoin may remain range-bound, while Ethereum may tend to be bullish.
Ace Hot Topic Analysis
Analysis
According to Deribit data, a total of approximately $2.73 billion in Bitcoin and Ethereum options will expire tomorrow. Of this, Bitcoin options have a notional value of $2.09 billion, with a put/call ratio of 0.95 and a maximum pain point of $96,000; Ethereum options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. This means that if the price of Bitcoin falls below $96,000, or the price of Ethereum falls below $3,200, investors holding put options will profit, while those holding call options will suffer losses. Due to the difference in put/call ratios, the market expects Bitcoin to remain range-bound, while Ethereum may be biased towards bullishness.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion worth of BTC and ETH options will expire tomorrow, with $2.09 billion in nominal value for BTC options and $639 million in nominal value for ETH options.
The Put Call Ratio for BTC options is 0.95, with a maximum pain point of $96,000, indicating a certain degree of bearish sentiment in the market towards BTC price movements.
The Put Call Ratio for ETH options is 0.31, with a maximum pain point of $3,200, indicating that the market is relatively bullish on ETH price movements.
Option expiration may have some impact on the prices of BTC and ETH, and it is necessary to pay attention to its impact on the market.