Today's Big $6.6B Bitcoin Options Expiry: What to Expect

Today, the cryptocurrency market braces for a significant event: the expiry of 107,000 Bitcoin options contracts worth $6.6 billion. This end-of-month expiry, with a put/call ratio of 0.5, hints at bullish sentiment despite a max pain point set at $57,000—$4,000 below current prices. Ethereum sees a similar scenario with 1.04 million contracts expiring at a notional value of $3.6 billion. While markets have shown resilience, all eyes are on post-expiry volatility and market reaction.

Stay tuned for updates on how this event shapes crypto trends. 📈💥

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