**Bitcoin and Ethereum: Options Contract Drama Shaking Up the Market! š**
- This Friday, around 98,500 Bitcoin options contracts will expire with a face value of $9.48 billion. That's more than triple what it was last week! But don't worry, December will be even more exciting.
- This week's put/call ratio is 0.84. That means more long contracts will expire. There's $2 billion stuck at $100,000!
- The big whales are on the move, get ready for a major market shock!
- Ethereum is also joining the fun with 412,000 contracts expiring today, worth $1.47 billion.
- Market cap remains steady at $3.5 trillion. Bitcoin briefly dropped to $94,700 but quickly rebounded to $96,700.
- Altcoins are also joining the party, with XRP up 7% and Cardano up 5%.
What do you think? Is this a sign that the market is about to go higher? Comment below!
