⚡ $1.8B Options Expiry incoming at 3 PM today on Deribit. We're looking at $1.53B tied to BTC and $264M to ETH.
📊 The Numbers:
BTC: Put/Call ratio at 0.69 (bullish bias) | Max Pain: $79k
ETH: Put/Call ratio at 1.03 (tighter battle) | Max Pain: $2.2k
🐂 The Outlook: Calls dominate Bitcoin, meaning traders are betting on price staying above $79k. While the massive volume could trigger short-covering rallies, watch out for "pin risk"—if the price stalls, it can flip into a swift pullback.
🎯 The Trigger: The next few hours are critical. Any solid break above $79k for BTC or $2.2k for ETH will likely trigger immediate buying pressure. Keep your risk managed.
Personal analysis only. DYOR. #Bitcoin #Ethereum #CryptoOptions #TradingSignals