🚨 $2.160M IN BITCOIN AND ETHEREUM OPTIONS EXPIRE THIS OCTOBER 9 📊📉
The weekly expiration of derivatives is putting pressure on the market as it seeks a clear trend for BTC and ETH.
Key points about the options expiration:
🪙 Bitcoin (
$BTC ): $1.840M USD in notional value (22k contracts). Max Pain level at $84,000 USD, with a PCR of 1.12.
🔷 Ethereum (
$ETH ): $320M USD in notional value (123k contracts). Max Pain level at $2,650 USD, with a PCR of 0.71.
⚡ Volatility environment: Low implied volatility suggests energy is building ahead of a sharp move.
Do you think BTC’s price will gravitate toward the “Max Pain” price of $84,000 before determining its next upward move?
💬👇 I’m reading your comments!
#Ethereum #OptionsExpiry #GreeksLive #Trading #CryptoCommunity $BTC $ETH $BNB