๐จ๐จToday (June 28th) is a BIG day for options expiry! ๐ $ETH $BTC
๐จ๐จKeep an eye on the price movements of BTC and ETH today, as the options expiry can cause short-term fluctuations.
We're seeing a massive number of contracts expiring for both Bitcoin (BTC) and Ethereum (ETH):
- 107,000 BTC options ๐ฐ
- 1.04 million ETH options ๐ฐ
Notional value:
- $6.6 billion for BTC ๐ธ
- $3.6 billion for ETH ๐ธ
Potential price movements to watch:
- Prices might fluctuate as options contracts settle ๐๐
- Expect potentially higher trading volume today ๐
Transparency is key! ๐
The Put-Call Ratio suggests a somewhat balanced market sentiment for both BTC & ETH:
- BTC: 0.5 ๐
- ETH: 0.59 ๐
Stay informed! ๐ง
Keep an eye on news, regulations, and overall market trends, as these can also influence prices. ๐ฐ
Trade with caution! โ ๏ธ
Today might be a good day to be extra cautious with your trades due to the potential for volatility. ๐ข
Remember to always do your own research and trade responsibly! ๐ช#OptionsTrading #OptionsExpiry
