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🌟the Crypto Adventure with Blum!🌟 Hey there, fellow crypto enthusiast! 🚀 Are you ready to dive into the world of digital currencies with ease and excitement? Look no further! I’ve discovered Blum, a platform where we can explore the crypto universe together—no strings attached! Here’s the deal: Zero Registration: Jump right in! No tedious sign-up process. No Deposit Required: Start your journey without any upfront investment. Absolutely Genuine: We’re all about transparency and trust. 🤩 Let’s Earn Together! 🤩 Join me on Blum and let’s navigate the waves of crypto opportunities as a team. It’s more than just earning; it’s about learning and growing in the crypto space side by side. Use my invite link to join the fun: Blum Crypto Adventure (http://t .me/BlumCryptoBot/app?startapp=ref_QAb9TYrqfz) Let’s make a splash in the world of blockchain! 💎

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I don't know if he could do it or not

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BTC & ETH Are going up and high very soon On May 31, 69,000 Bitcoin options worth $4.7 billion and 920,000 Ether options worth $3.5 billion expire. The expiry of crypto options contracts is historically linked to price volatility in the crypto market. According to the Derbit data, the put/call ratio for the expired Bitcoin options is 0.61. This means more calls (or long contracts) are expiring than puts (or shorts). On the other hand, Ether options had a put/call ratio of 0.46. The put/call ratio (PCR) is a technical indicator that reflects trader market sentiment. A PCR below 0.7 is considered a strong bullish sentiment, while a PCR above 1 is considered a strong bearish sentiment. Max pain for Bitcoin at $66,000, ETH at $3,300 The maximum pain point at which most losses will be made by the leverage traders for Bitcoin is $66,000. For ETH, the max pain point is $3,300. BTC is currently trading at $68,210, $2,000 above the pain point, and ETH is trading at $3,738, more than $400 above its pain point. Millions in open interest (OI) are in long positions with strike prices at $70,000, $75,000, $80,000, and even $100,000. Open interest refers to the total number of outstanding derivative contracts that have not been settled. A few traders have placed long positions on Bitcoin with a target price of $100,000. With $886 million in open interest (OI) at this strike price, the number of long positions appears significant. The total notional value of all outstanding BTC options contracts amounts to $19 billion. Post-spot ETH approval hangover The spot ETH ETF approval by the Securities and Exchange Commission (SEC) in May was a significant and bullish event for the crypto market. ETH prices rose 20% in May in anticipation of the approval. However, the SEC only approved the 19b-4 filing, thus delaying the actual listing for trading. Since the ETH ETF approval, the crypto market has shown a bearish sideways movement, with ETH stuck below $4,000 and BTC below the $70,000 price barrier. $BTC $ETH #WriteFreeEarn2024 #ETHETFsApproved #altcoins

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