19,000 BTC options are about to expire with a Put Call Ratio of 1.49, a Maxpain point of $55,000 and a notional value of $2 billion.
110,000 ETH options are about to expire with a Put Call Ratio of 0.88, Maxpain point of $3,000 and notional value of $790 million.
Crypto markets have been imposing this week, with Bitcoin topping $64,000 at one point, and all major term IVs showing a clear uptrend, matching the levels of January2024 year and March2023.
ETF is driving the spot bull market, which exploded to a stunning gain this week, but with options volume, positions rising modestly, and buyers more spot-protected of late, solid inflows are making for a very healthy market structure. Bitcoin is now over 50% market share, and more attention can be paid to ethereum later in this bull market.
110,000 ETH options are about to expire with a Put Call Ratio of 0.88, Maxpain point of $3,000 and notional value of $790 million.
Crypto markets have been imposing this week, with Bitcoin topping $64,000 at one point, and all major term IVs showing a clear uptrend, matching the levels of January2024 year and March2023.
ETF is driving the spot bull market, which exploded to a stunning gain this week, but with options volume, positions rising modestly, and buyers more spot-protected of late, solid inflows are making for a very healthy market structure. Bitcoin is now over 50% market share, and more attention can be paid to ethereum later in this bull market.