46,000 BTC options Expiring Soon Cause Put Call Ratio Of 1.11: GreeksLive
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- 46,000 BTC options and 288,000 ETH options are set to expire soon, potentially affecting market prices.
- Analytics platform shows that put Call Ratios for Bitcoin and Ethereum indicate slight bearish sentiment among investors.
- Biggest pain points for BTC and ETH are $23,000 and $1,550, respectively, with significant nominal values.
Option trader’s data platform GreeksLive tweeted on March 17 that the cryptocurrency market is currently experiencing a significant event as 46,000 Bitcoin options and 288,000 Ethereum options are set to expire soon.
These expirations are likely to impact the market price of both cryptocurrencies and may result in increased volatility.
According to GreeksLive, the Put Call Ratio, a key metric used to assess market sentiment, indicates that the market is currently slightly bearish for Bit…
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