The post Bitcoin’s Options Expiry Today May Influence Price Fluctuations Amid Market Uncertainty appeared on BitcoinEthereumNews.com.

Today marks a significant milestone as over $3 billion worth of Bitcoin and Ethereum options expire, leading to heightened market volatility. Traders face a tumultuous trading environment as Bitcoin experiences swings of up to $6,000 within a single day, prompting a shift in strategies. “With extreme volatility dominating the markets, traders are seeking quick entries and exits, reflecting underlying caution amidst macroeconomic uncertainties,” noted Greeks.live. As over $3 billion in Bitcoin and Ethereum options approach expiry, traders brace for potential volatility and market shifts in the crypto landscape. Bitcoin Faces $89,000 Max Pain in Today’s Options Expiry Today, March 7, 29,005 Bitcoin contracts with a notional value of $2.54 billion are set to expire. According to Deribit data, Bitcoin’s put-to-call ratio is 0.67. The maximum pain point—the price at which the asset will cause financial losses to the greatest number of holders—is $89,000. Additionally, Ethereum sees the expiration of 223,395 contracts with a notional value of $481.9 million. The maximum pain point for these contracts is $2,300, with a put-to-call ratio of 0.72. The maximum pain point in the crypto options market represents the price level that inflicts the most financial discomfort on option holders. Simultaneously, the put-to-call ratios, below 1 for both Bitcoin and Ethereum, indicate a higher prevalence of purchase options (calls) over sales options (puts). Crypto options trading tool Greeks.live provided insights into the current market sentiment. They cited an overall bearish market sentiment, with traders expressing frustration over extreme volatility and choppy price action. Bitcoin’s sharp intraday swings, such as recent moves of $6,000, have led to what traders describe as “scam both ways” conditions. According to analysts at Greeks.live, this makes it challenging to establish a clear directional trend. “Most traders are watching the 87,000-89,000 range as key resistance, with 82,000 noted as a recent…

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Filed under: News - @ March 7, 2025 6:27 am