#$2.7 billion options expire#
Hot Topic Overview
Overview
A total of approximately $2.73 billion worth of Bitcoin and Ethereum options are set to expire on Deribit exchange tomorrow, with Bitcoin options having a notional value of $2.09 billion and Ethereum options having a notional value of $639 million. The put-to-call ratio for Bitcoin options is 0.95, with a maximum pain point of $96,000, while for Ethereum options, the put-to-call ratio is 0.31, with a maximum pain point of $3,200. This means that the Bitcoin options market is leaning bearish, while the Ethereum options market is leaning bullish.
Ace Hot Topic Analysis
Analysis
According to Deribit data, the total notional value of BTC and ETH options expiring tomorrow is approximately $2.73 billion, with BTC options accounting for $2.09 billion and ETH options for $639 million. The Put Call Ratio for BTC options is 0.95, with a maximum pain point of $96,000, indicating that the market is cautious about the price trend of BTC, with bearish and bullish sentiment relatively balanced. On the other hand, the Put Call Ratio for ETH options is 0.31, with a maximum pain point of $3,200, suggesting that the market is more optimistic about the price trend of ETH, with bullish sentiment dominating. With the divergence in the put/call ratio, BTC is likely to remain range-bound, while ETH tends to be bullish.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options will expire tomorrow, with BTC options having a notional value of $2.09 billion and ETH options having a notional value of $0.639 billion.
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 more inclined to be bullish on the price trend of ETH.
Option expiry may have a certain impact on the price of BTC and ETH, and market dynamics need to be closely monitored.