🚨🚨Today (June 28th) is a BIG day for options expiry! 📅$ETH $BTC
🚨🚨Keep 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 💰
- 1.04 million ETH options 💰
Notional value:
- $6.6 billion for BTC 💸
- $3.6 billion for ETH 💸
Potential price movements to watch:
- Prices might fluctuate as options contracts settle 📉📈
- Expect potentially higher trading volume today 📊
Transparency is key! 🔍
The Put-Call Ratio suggests a somewhat balanced market sentiment for both BTC & ETH:
- BTC: 0.5 🔄
- ETH: 0.59 🔄
Stay informed! 🧠
Keep an eye on news, regulations, and overall market trends, as these can also influence prices. 📰
Trade with caution! ⚠️
Today might be a good day to be extra cautious with your trades due to the potential for volatility. 🎢
Remember to always do your own research and trade responsibly! 💪#OptionsTrading #OptionsExpiry