Ethereum

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/crypto-market-monitors-major-options-expiry" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Market Monitors Major Options Expiry</a><br></p>
<p style="text-align: justify">Today, the cryptocurrency market is on edge as it anticipates the expiry of <a href="https://en.bitcoinhaber.net/bitcoins-potential-breakthrough-tone-vays-predicts-surge-if-key-level-is-surpassed" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> and Ethereum options contracts worth approximately $1.85 billion. The expiry is expected to bring heightened volatility, with market participants keeping a close watch. Deribit reports that 23,832 Bitcoin contracts, valued at around $1.37 billion, are set to expire, a significant increase from last week’s 18,339 contracts.</p>
<h2 id="what-is-happening-in-the-options-market">What Is Happening in the Options Market?</h2>
<p style="text-align: justify">The expiring Bitcoin contracts have a put-to-call ratio of 1.09, with the maximum stress point at $58,500. This figure shows that the buying options outnumber the selling ones, indicating a bullish sentiment. The maximum stress point signifies the price level causing maximum financial strain for option holders.</p>
<p style="text-align: justify">Moreover, 156,792 Ethereum contracts, amounting to over $488.05 million, are also due to expire today. The put-to-call ratio for Ethereum stands at 0.38, with the highest stress point recorded at $3,100.</p>
<h2 id="which-economic-factors-are-influencing-the-market">Which Economic Factors Are Influencing the Market?</h2>
<p style="text-align: justify">Earlier this week, the broader economic landscape impacted the crypto market. On July 11, the Bureau of Labor Statistics (BLS) released the US Consumer Price Index (CPI) <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">data</a> for June, revealing an annual inflation rate of 3%, which was below market forecasts.</p>
<h2 id="key-insights-for-investors">Key Insights for Investors</h2>
<p style="text-align: justify">– Bitcoin reached $59,000 briefly amid economic updates.<br> – Ethereum traded around $3,105 despite market pressures.<br> – Significant Bitcoin sales by the German and US governments affected market sentiment.<br> – Analyst Adam from Greeks.live emphasized the importance of Implied Volatility (IV) levels.<br> – Investors should consider higher IV for potential sell orders.</p>
<p style="text-align: justify">Despite the anticipated volatility from the options expiry, historical patterns suggest that sharp price movements are usually short-lived, and markets tend to stabilize quickly. Still, <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> must remain vigilant and analyze technical indicators and market sentiment to navigate this turbulent period effectively.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/crypto-market-monitors-major-options-expiry" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Market Monitors Major Options Expiry</a></h5>

Crypto Market Monitors Major Options Expiry

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