Bitcoin Options Expiry:
30,000 BTC options contracts ($3.1B) are set to expire on Jan. 24, with a put/call ratio of 0.48. The highest open interest (OI) is at $120K and $110K strike prices, reflecting bullish sentiment.
Ethereum Options:
168,000 ETH options contracts worth $543M are also expiring, with a similar put/call ratio of 0.47.
Market Conditions:
Spot markets remain stable at a $3.7T capitalization after a volatile week. Bitcoin is trading at $105K, down 4% from its ATH, while Ethereum is up 5% at $3,370. Altcoins show mixed performance.
Market Sentiment:
The market has calmed post-Trump inauguration, with the first crypto-related executive order receiving approval, boosting sentiment.