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🔥 🔥 🔥 🔥 🔥 **Crypto Markets: A Rollercoaster Ride! 🎢** This week, the crypto markets have been on a wild journey, fueled by Ethereum's surge and the US Securities and Exchange Commission's (SEC) nod for spot exchange-traded funds. 📈 Here's the scoop: 1. **Bitcoin Options Expiry:** - Around $1.4 billion in Bitcoin options contracts are set to expire on May 24. Not a massive event, but wait for the real fireworks on May 31 when $4.3 billion worth of options will expire! 💥 - The put/call ratio for this week's Bitcoin options is 0.88, meaning long and short-contract sellers are evenly matched (with slightly more calls expiring). - Bulls dominate open interest (OI) at the $70,000 strike price, flexing around $830 million. Higher strike prices also boast hefty OI, like $843 million at $100,000. Bulls are feeling bullish! 🐂 2. **Ethereum Spotlight:** - Around 354,000 Ethereum contracts expire today, with a notional value of $1.5 billion. The put/call ratio favors more calls expiring (0.57). - Derivatives traders are speculating on ETH ahead of the SEC's deadline. At the $4,000 strike price, there's $515 million in OI. Bulls want more momentum! 🙌 3. **Crypto Market Impact:** - Nearly $3 billion in BTC and ETH options expire today, but the impact on spot markets is usually muted. - Total market capitalization dipped 1.3% to $2.68 trillion due to a 2.3% slide in Bitcoin prices (currently at $67,400). Ethereum stands calmly at $3,730. 🌊 - Altcoins: Gains for Chainlink (LINK), PEPE, and Ethereum Classic (ETC), but losses for Solana (SOL), Dogecoin (DOGE), and Toncoin (TON). Stay tuned for more crypto adventures! 🌌🔍🌟 $BTC $ETH $BNB #bitcoin #Binance #SEC #Web3 #solana
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Here's A List Of The Best Tokens That Are Set To Skyrocket In The Coming Months
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Here Are My Biggest Alts That Will Make You A Millionaire
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🚀 Mega Bull Run 🔥🔥🔥🔥🔥🔥 1. **The Strongest Bull Market**: This cycle seems to be flexing its muscles! 💪 Compared to previous ones, Bitcoin ($BTC) has only corrected by **20%** from the recent peak. That's like a crypto cat stretching after a nap! 🐱 2. **ETF Influence**: The ETF crew is in the house! 🏠 Spot BTC-ETFs are adding demand for $BTC. So, this time around, we might see a **less volatile** Bitcoin after the halving. 🌊 3. **Predictions**: Will this bull market be the strongest? 🤔 Or will we still get those heart-pounding drops greater than 20%? 📉 Only time (and maybe a crystal ball) will tell! 🔮 Remember, in crypto, it's like riding a rocket to the moon—hold on tight and enjoy the view! 🌙🚀 $BTC #BTC #altcoins #BinanceLaunchpool
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Binance Is Set To Kick Off Altseason
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