Around 3.7 billion USD in Bitcoin and Ethereum options are set to expire today, contributing to market volatility. The Bitcoin options valued at 3.1 billion USD show a bearish market trend, while Ethereum’s options valued at 588 million USD reflect caution among traders.
As expiration approaches, traders expect significant movement based on the current put-to-call ratios. Analysts indicate a bullish outlook in the long-term despite short-term reluctance, prompting strategizing among traders regarding potential trades.
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