Today marks a substantial expiry of Bitcoin and Ethereum options totaling 14.59 billion USD, with 11.94 billion USD attributed to Bitcoin. The Max Pain levels indicate upcoming price shifts, as traders navigate market volatility.
Despite optimistic market trends, many traders are holding put options, indicating a cautious approach towards potential price declines amid fluctuations. Today’s expiry serves as a critical assessment of price stability for these cryptocurrencies.
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