19,000 BTC options and 110,000 ETH options are about to expire

Bitget App

Trade smarter

Cointime2024/03/01 04:16

By:Cointime

Adam, a macro researcher at Greeks.live, posted on X platform that 19,000 BTC options are about to expire, with a Put Call Ratio of 1.49, a maximum pain point of $55,000, and a nominal value of $2 billion.

110,000 ETH options are about to expire, with a Put Call Ratio of 0.88, a maximum pain point of $3,000, and a nominal value of $790 million.

The cryptocurrency market is booming this week, with Bitcoin once breaking through $64,000 and various fiat valuations reaching historic highs. The main term IVs are showing a clear upward trend, on par with the levels of January this year and March last year.

US funds are driving the spot bull market, which has seen amazing gains this week, but the increase in options trading volume and open interest has been small. In recent times, buyers have been more focused on protecting the spot market, and the influx of real funds has made the market structure very healthy. Bitcoin's current market share has already exceeded 50%, so the next focus after this bull market can be on Ethereum.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: The Ethereum Foundation aims to find alternatives to selling ETH to cover expenses, looking into Aave lending. The Foundation received community feedback for being too conservative, instead seeking ways to secure passive income through staking or DeFi. The Ethereum Foundation has not funded new projects since 2023, after setting up grants for 17 crypto startups.

Cryptopolitan•2025/01/20 23:00