The settlement of these contracts will be the focus of market attention, with the key price point (i.e. the biggest pain point) of BTC options locked at $60,000, while ETH options focus on the important psychological price of $3,000.
Friday (August 9) will usher in the expiration date of a large number of options contracts, involving Bitcoin (BTC) options with a notional value of approximately $1.534 billion and Ethereum (ETH) options with a notional value of $464 million.
As the expiration date approaches, market participants will closely monitor the trading dynamics near these key price levels to assess their possible impact on the overall cryptocurrency market.
