📌 About $15 billion in Bitcoin options will expire and settle this Friday, accounting for more than one-third of Deribit’s total outstanding BTC options.
Market sentiment is bullish: the put/call ratio is 0.70, and the largest call positions are concentrated at strike prices of $85K, $90K, and $100K.
$BTC is currently quoted at approximately $84,258, down 2% on the day. This is higher than the maximum pain price of 76K, but it is just below the 85K call-heavy area. Watch to see whether this level becomes resistance before expiration.
Large-scale expiries are often accompanied by volatility, but market makers’ hedging and positioning adjustments can help dampen it. The recent strength has been driven by factors such as the U.S. Treasury expanding buybacks, a weaker U.S. dollar, and a rise above the 365-day moving average.
#BTC #比特币 #期权
Market sentiment is bullish: the put/call ratio is 0.70, and the largest call positions are concentrated at strike prices of $85K, $90K, and $100K.
$BTC is currently quoted at approximately $84,258, down 2% on the day. This is higher than the maximum pain price of 76K, but it is just below the 85K call-heavy area. Watch to see whether this level becomes resistance before expiration.
Large-scale expiries are often accompanied by volatility, but market makers’ hedging and positioning adjustments can help dampen it. The recent strength has been driven by factors such as the U.S. Treasury expanding buybacks, a weaker U.S. dollar, and a rise above the 365-day moving average.
#BTC #比特币 #期权