Today, approximately $1.96 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire, prompting market participants to closely monitor the situation. Historical trends indicate potential for price volatility and market rebound following options expiry. Bitcoin options have a notional value of $1.27 billion with a maximum pain point of $66,500, while Ethereum options total $693.37 million, with a max pain point of $3,500. Analysts suggest stable implied volatility pre-expiry, with insights indicating no major market movement is expected immediately.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.