🚨 Oh GOD 😳 $ETH OPTIONS EXPIRE TODAY AT 16:00 ‼️ $2,500 IS THE BATTLE ZONE
{spot}(ETHUSDT)
Ethereum is trading around $2,495, sitting almost directly on the $2,500 strike.
At $2,500:
Calls last around 4.2
Puts last around 9
Put volume: 7,236 lots
Call volume: 4,490 lots
The put side is clearly busier, while time value is collapsing fast into expiry.
⚠️ Important: this does NOT automatically mean ETH is bearish.
This is an expiry-day positioning structure. Price action before 16:00 can be...
So $BTC swept yesterday's highs after camping above $79k — cool. But honestly? I'm not feeling a huge pump from here yet.
What I'm watching instead: $79,300 as a potential support. If that doesn't hold, we're probably heading down to test $77,900 or maybe even $76,900 for a quick bounce.
We're stuck in a range right now, and you gotta get comfortable with that. Ranges aren't sexy, but they're where the real setups happen.
If we do drift lower toward those support zones, that's when I'd start ...