Today, 3.29 billion USD in Bitcoin and Ethereum options are set to expire, likely leading to significant short-term price shifts. The Bitcoin (BTC) options worth 2.88 billion USD indicate bullish sentiment with a put-to-call ratio of 0.74, despite a drop from previous highs.
Ethereum (ETH) options valued at 417 million USD have a max pain point of 2,100 USD, suggesting potential influence on price movements. As expirations approach at 08:00 UTC, traders may anticipate volatility impacting BTC and ETH as they gravitate toward these max pain levels.
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