#$2.7 billion options expire#
Hot Topic Overview
Overview
Bitcoin and Ethereum options worth approximately $2.73 billion are set to expire on Deribit 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 disparity in put/call ratios, Bitcoin may remain range-bound, while Ethereum could be skewed towards bullish sentiment.
Ace Hot Topic Analysis
Analysis
Tomorrow, approximately $2.73 billion worth of Bitcoin and Ethereum options will expire on Deribit. 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. The difference in put/call ratios suggests that Bitcoin may stay range-bound, while Ethereum is leaning towards bullish.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion worth of BTC and ETH options will expire on the Deribit platform, with $2.09 billion in BTC options and $0.639 billion in 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 the price of BTC.
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 the price of ETH.
Option expiry could have a certain impact on the price of BTC and ETH, and it is necessary to pay attention to market reactions.