Today marks the expiration of 29,000 bitcoin options worth $2.84 billion. The put/call ratio is 1.1, which is rare, and the point of maximum pain is $86,000. 📉

Ethereum is not lagging behind either: 164,000 contracts worth $550 million. The total value of expiring options today is $3.4 billion.

The market is on the rise: bitcoin has reached $99,261, and the market capitalization is $3.43 trillion. Optimism is high, but caution won't hurt! 🚀