### ‼️‼️ Breaking News Alert ‼️‼️

🚨 **Bitcoin and Ethereum Expiry Alert** 🚨

🔴 **Attention, Attention** 🔴

🗣️ **Massive BTC and ETH Options Expiry Today: Key Insights and Market Situation**

---

### 1. Expiry Overview:

- **Bitcoin (BTC) Options:** Over 24,000 set to expire today.

- **Ethereum (ETH) Options:** 157,000 options reaching expiry.

### 2. BTC Options Details:

- **Put/Call Ratio:** 1.08

- **Maximum Pain Point:** $58,500

- **Nominal Value:** $1.4 billion

### 3. ETH Options Details:

- **Put/Call Ratio:** 0.37

- **Maximum Pain Point:** $3,100

- **Nominal Value:** $490 million

### 4. Market Conditions:

- The cryptocurrency market has seen a minor rebound this week.

- Implied Volatility (IV) for the main term has dropped significantly, hitting its lowest level since March.

### 5. Option Seller Activity:

- Large positions established by option sellers have helped suppress IV.

### 6. Market Sentiment:

- The mood is cautious with ongoing delays in the Ethereum ETF and skepticism about its quick fund attraction.

- The US stock market remains weak, with hopes pinned on a potential rate cut in September for market recovery.

---

📜 **Follow for more updates and information. Like and share with others to stay alert and avoid potential loss. Thanks.**

### Coins to Buy and Focus On: #Dyor2024