cryptd.in

LinkedIn Alternatif untuk Talenta yang Ramah Kripto

Will Markets Move Even Higher When $3.3B Bitcoin Options Expire

-

oleh

cryptd.in
di

Around 28,000 Bitcoin options contracts will expire on Friday, October 3, and they have a notional value of roughly $3.37 billion.

This expiry event is back to normal following last week’s epic end of third quarter event, so there is unlikely to be any impact on spot markets, which have gained this week.

US labor market data remains weak, which puts more pressure on the Federal Reserve to reduce rates again this month, a bonus for risk-on assets such as crypto.

Bitcoin Options Expiry

This week’s batch of Bitcoin options contracts has a put/call ratio of 1.1, meaning that there are slightly more short contracts expiring than longs, as the bulls regain composure. Max pain is around $115,000, according to Coinglass.

Open interest (OI), or the value or number of Bitcoin options contracts yet to expire, is highest at $120,000, which has reached $2.2 billion at this strike price on Deribit. There is also around $1.9 billion OI at $140,000, but $100,000 is a popular strike price for short sellers with $1.6 billion in OI.

Total BTC options OI across all exchanges is around $49 billion, which has fallen over the past week. Additionally, total Bitcoin futures OI currently stands at $86.5 billion, which is still close to record highs, according to Coinglass.

Meanwhile, ETF expert Eric Balchunas observed that BlackRock’s IBIT has surpassed Coinbase’s Derbit platform as the largest venue for Bitcoin options.

Earlier this week, crypto derivatives provider Greeks Live said the group was “experiencing frustration with the current market conditions, describing it as extreme choppy price action that’s difficult to trade profitably.” However, this was before the current rally.

In addition to today’s tranche of Bitcoin options, around 216,000 Ethereum contracts are also expiring, with a notional value of $987 million, maximum pain at $4,200, and a put/call ratio of 0.93. Total ETH options OI across all exchanges is around $13.5 billion, reports Coinglass. This brings Friday’s combined crypto options expiry notional value to around $4.3 billion.

Spot Market Outlook

Crypto markets are ending the week in the green with total capitalization up 1.4% to near record highs of $4.23 trillion. Markets have had a solid week, gaining more than 10% since the same time last Friday.

Bitcoin was still leading the charge, topping $121,000 very briefly in late trading on Thursday before retreating to $120,000 during Friday morning trading in Asia. The asset has made a solid 10% gain over the past week.

Ethereum was also making progress, notching an intraday high just over $4,500 during Asian trading. ETH is now up 14% since the same time last week. Meanwhile, BNB was at an all-time high of just below $1,100 at the time of writing.

Pos Will Markets Move Even Higher When $3.3B Bitcoin Options Expire muncul pertama kali di CryptoPotato.

Komentar

Tinggalkan Balasan

Alamat email Anda tidak akan dipublikasikan. Ruas yang wajib ditandai *

Umpan Terbaru

Kategori Populer

id_ID Bahasa Indonesia
id_ID Bahasa Indonesia en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Cari di situs web

Cerita Populer

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenPemilihan (1) #BinanceVsCoinbase (1) #Bitcoin (402) #BitcoinETF (3) #BitcoinFundamental (1) Penanganan #Bitcoin (1) #BitcoinHarga (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Token (1) Akuisisi #BTC (1) #BullishPrediksi (1) #BullishSentimen (1) #ChineseMining (1) Ulasan #CPIP (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoKetidakpastian (1) #DerivativeJump (1) #Dogecoin (72) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (65) #EthereumPain (1) Harga #Ethereum (1) #Pendapat Ahli (1) #FedRateCut (1) #FiatCurrency (1) #Dampak Finansial (1) #KerahasiaanKeuangan (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5Dana Terlarang (1) #InflasiData (1) #Investasi (1) 1TP5Kerugian Investasi (1) #JapaneseFirm (1) #LegalAction (1) #Dampak Hukum (1) #Legislasi (1) #LightningNetwork (1) Analisis Pasar #M (3) #Memantau Pasar (1) Prediksi Pasar #M (1) Prediksi Pasar #M (1) Proyeksi Pasar #M (1) #MarketSupport (1) #MVolatilitas Pasar (1) #Menikah (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitas (1) #M Pencucian Uang (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPrediksi (1) #PriceMilestone (1) #PrediksiHarga (2) #Pertanyaan Harga (1) #PriceSurge (1) #PenjaraHukuman (1) #QuantAnalysis (1) #ekanan Regulasi (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) 1TP5Analisis Teknis (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Tautan Berguna

Tautan yang menurut saya berguna dan ingin saya bagikan.