Bitcoin

Ethereum

<ul><li>Over $2.98 billion worth of Bitcoin options are set to expire, indicating potential market volatility with a max pain point of $29,000.</li><li>Ethereum&#39;s impending expiry of $1.57 billion worth of options, with a bullish put-call ratio, suggests optimism despite a 3.57% dip.</li><li>BTC&#39;s recent surge triggered high IV and potential delivery price drift, but market sentiment remains uncertain.</li></ul>According to current data, 87,000 BTC and 880,000 ETH options are set to expire at a crucial juncture in the <a href="https://cryptotale.org/?s&#61;cryptocurrency" rel="noopener noreferrer nofollow">cryptocurrency</a> market. This development comes as Bitcoin (BTC) surged to a yearly high of $36,000, demonstrating notable strength. Ethereum (ETH), while performing slightly less impressively, has seen improved market sentiment. These impending option expiries hold the potential to influence market dynamics soon.With a notional value approaching $2.98 billion, <a href="https://cryptotale.org/?s&#61;Bitcoin" rel="noopener noreferrer nofollow">Bitcoin</a> is gearing up for a significant options expiry, accompanied by a put-call ratio of 0.88. Furthermore, the maximum pain point is roughly $29,000. These factors together suggest the potential for imminent market volatility. However, it&#39;s important to note that the price of Bitcoin currently stands at <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">$34,094.86</a>, reflecting a 1.81% decrease from the previous day.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6f57d29c90ac420586cc687ab4043146.png" />Ethereum&#39;s situation mirrors a similar narrative, though with particular distinctions. An impending expiry of 880,000 ETH options is on the horizon. Significantly, its put call ratio reads 0.47, indicating a bullish undertone. Additionally, the max pain point for Ethereum stands at $1,650, with the notional value for these options being $1.57 billion. Ethereum trades at<a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow"> $1,781.79</a>, experiencing a 3.57% dip within the past day.Read full article at<a href="https://cryptotale.org/bitcoin-and-ethereum-options-set-for-massive-expiry-amid-market-shifts/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Bitcoin and Ethereum Options Set for Massive Expiry Amid Market Shifts

CryptoTale

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