over $ 2 billion in Bitcoin and Ethereum options today- market turbulence and strategic pain points in sight

<p> <strong> over $ 2 billion in Bitcoin and Ethereum options today- market turbulence and strategic pain points in sight </strong> </p>
Bitcoin and Ethereum options: market movements and expectations before the expiry of over 2 billion USD
Today, Bitcoin and Ethereum options worth over 2 billion USD expires, which could lead to short-term price movements in the crypto market. Traders focus on the pain points of $ 85,000 for Bitcoin (BTC) and $ 2,000 for Ethereum (ETH), while they expect an ups and downs with possible outbreaks in one direction.
over $ 2 billion in crypto options today
According to Deribit, $ 1.826 billion are eliminated in Bitcoin options that include 21,596 contracts. Although this is less than the 35,176 contracts of the previous week, the put-call ratio of 0.83 indicates an overall Bullish mood. The maximum value of these contracts is 85,000
Ethereum lists $ 264.46 million in outstanding crypto options, which include 133,447 contracts. This number is also lower than the 223,395 contracts of the previous week. The maximum strike price for these options is $ 2,000, while the put-call ratio is 0.62.
Since the option contracts expire at 8:00 UTC today, the courses of Bitcoin and Ethereum are expected to approach their respective maximum pain points. According to leg crypto data, Bitcoin was traded at $ 84,414 and Ethereum at $ 1,977. This indicates a moderate increase in both cryptocurrencies towards the maximum strike prices. This movement is plausible because strategies of the "Smart Money" in crypto-option trade often aim to drive the courses in the direction of the maximum pain, where most contracts, both calls and PUTS, expire.
market mood before today's option decline
The analysts of the crypto option trade tool Greeks.Live provide interesting insights into the current market mood. You observe a split trader community: While some expect a drop in the course after the FOMC meeting, since further interest reductions have been rejected, others expect a temporary increase under restless market conditions. An area between $ 83,000 and 85,000 is considered particularly interesting, in view of possible volatility due to developments around Donald Trump and possible purchases from Microstrategy.
The analysts of Greeks.Live notice: "Expect an up and down and a slow drop before going up again on Monday, although the current increase is not considered sustainable."
Future view and crypto trading
gracy chen, CEO of Bitcoin Exchange, is optimistic about Bitcoin above the range of $ 73,000 to 78,000, which could pave the way for a potential rally to $ 200,000. It sees a basis for this optimism in the strategic Bitcoin reserve as well as in institutional legitimacy and long-term price stability.
Despite these positive prospects, crypto traders and investors should be prepared for short-term volatility. Historically, option runs often lead to temporary price movements before the market stabilizes. A careful analysis of technical indicators and the general market mood is recommended to effectively manage the potential volatility.