ChainCatcher message, Deribit data reveals an upcoming drama in the options market! This Friday (December 27), approximately $14.515 billion in Bitcoin (BTC) options and $3.932 billion in Ethereum (ETH) options contracts will reach their expiration. Market participants are focused on the critical price points of these two major cryptocurrencies: the key level for BTC is $84,000, while for ETH it is $3,000.
These critical price points represent the focal point of the tug-of-war between bulls and bears in the market and may have a significant impact on price movements. Investors need to closely monitor market dynamics and respond cautiously to potential volatility.