#$2.7 billion in options will expire#
Hot Topic Overview
Overview
Tomorrow, approximately $2.73 billion worth of Bitcoin and Ethereum options will expire on the Deribit exchange. Of this, Bitcoin options have a notional value of $2.09 billion, with a maximum pain point of $96,000 and a put/call ratio of 0.95. Ethereum options have a notional value of $639 million, with a maximum pain point of $3,200 and a put/call ratio of 0.31. This means that the market is slightly bearish on Bitcoin, while the bullish sentiment on Ethereum is more pronounced.
Ace Hot Topic Analysis
Analysis
According to Deribit data, the notional value of BTC and ETH options expiring tomorrow totals approximately $2.73 billion, with BTC options accounting for $2.09 billion and ETH options for $639 million. It's worth noting that the put/call ratio for BTC options stands at 0.95, with a maximum pain point of $96,000, while the put/call ratio for ETH options is 0.31, with a maximum pain point of $3,200. This indicates a relatively cautious outlook for BTC, while expectations for ETH are more optimistic. As the put/call ratio diverges, it's worth monitoring whether BTC will maintain its range-bound stability, while ETH tends toward a bullish bias.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options are set to expire tomorrow, with BTC options having a notional value of $2.09 billion and ETH options having a notional value of $639 million.
The Put Call Ratio for BTC options is 0.95, with a maximum pain point of $96,000, indicating significant market uncertainty about the price direction of BTC.
The Put Call Ratio for ETH options is 0.31, with a maximum pain point of $3,200, indicating a relatively optimistic market outlook for ETH prices.
As the put/call ratio diverges, BTC may remain range-bound while ETH leans bullish.