The expiration involves 23,221 Bitcoin options valued at approximately 1,966 million USD and 177,130 Ethereum options at about 279.789 million USD. The put/call ratio for Bitcoin is 0.96, while Ethereum’s is 0.84, indicating market optimism.
Analysts predict increased chances of a black swan event as current market sentiment remains bearish, with Bitcoin trading around 84,648 USD.
Leave a Reply