๐ Big Week Ahead for Crypto! ๐
Get ready for some potential market moves as $4.2 billion in Bitcoin (BTC) and $1 billion in Ether (ETH) options are set to expire this Friday at 08:00 UTC on Deribit. With BTC's put-to-call ratio at 0.62, the sentiment leans bullish. However, expect short-term volatility as in-the-money options holders might close or shift their positions.
BTC's max pain level is $64K, while it currently trades near $67K. Will it dip? Join the discussion! ๐ฌ
The crypto options market is growing fast, with the SEC recently approving options tied to spot Bitcoin ETFs. Exciting times ahead!
Share your thoughts in the comments!