🚀📉 Big day for #Bitcoin! Around 21.8K options contracts (worth approx. $1.33B) are set to expire today. Despite the market's recent dip, the bulls seem to be holding strong, with most open interest at the $80K strike price.

- Put/Call ratio is at 0.63, meaning there are nearly double the long contracts expiring compared to shorts.

- $881M worth of long contracts at $80K, with over $700M at both $70K and $75K.

- Only $453M at $60K, closer to the current spot prices.

Meanwhile, #Ethereum isn't far behind with 297K options contracts (valued at $960M) also expiring.

So, what's your take? Can BTC hold above $60K? Let's chat in the comments! #CryptoNews #DeFi 🚀📉