#$2.7 billion options expire#
Hot Topic Overview
Overview
Tomorrow, $2.73 billion worth of Bitcoin and Ethereum options will expire on Deribit exchange. Among them, 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 the market has a slightly bearish sentiment towards Bitcoin, while the bullish sentiment towards Ethereum is relatively stronger.
Ace Hot Topic Analysis
Analysis
Bitcoin and Ethereum options worth an estimated $2.73 billion will expire on Deribit at 08:00 UTC 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. The difference in put/call ratios suggests Bitcoin may stay range-bound while Ethereum may see upside potential.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options will expire tomorrow, with $2.09 billion in BTC options and $639 million in ETH options.
The put-call ratio for BTC options is 0.95, with a maximum pain point of $96,000, indicating a slightly bearish sentiment for BTC.
The put-call ratio for ETH options is 0.31, with a maximum pain point of $3,200, indicating a stronger bullish sentiment for ETH.
Option expiration may have some impact on the price of BTC and ETH, and market reaction should be monitored.