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<ul><li>22,000 BTC options set to expire with a bearish Put Call Ratio of 1.1, highlighting investor caution in the volatile crypto market.</li><li>211,000 ETH options near expiration, displaying a bullish outlook with a 0.55 PCR, contrasting BTC&#39;s market sentiment.</li><li>Bitcoin&#39;s trading volume surges to $28.38B, indicating heightened market activity despite being 40.11% below its all-time high.</li></ul>As the cryptocurrency market continues to evolve, significant attention is being drawn to the options market for major digital assets. According to recent data by <a href="https://twitter.com/WuBlockchain" rel="noopener noreferrer nofollow">Colin Wu</a>, a Chinese reporter, a substantial volume of Bitcoin (BTC) and Ethereum (ETH) options are set to expire today. With 22,000 BTC options and 211,000 ETH options nearing their expiration, the market is observing a notable shift in investor sentiment and strategy.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/22ea29348afe41adabc12763a593e23d.png" />The Bitcoin options market shows a Put Call Ratio (PCR) of 1.1, indicating a slight dominance of bearish sentiment among investors. This ratio reflects the number of put options relative to call options, with a higher ratio suggesting a bearish outlook. The &#39;Maxpain&#39; point for these options is pegged at $44,000, marking a critical price level for investors. Notably, the notional value of these expiring options stands at a staggering $890 million.Read full article at CryptoTale.

Bitcoin and Ethereum Options Expire Amidst Market Volatility

CryptoTale

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