A large number of Bitcoin and Ethereum options are about to expire. It is recommended to take profits on profitable assets in batches during highs! Gradually reduce positions!
Tomorrow is the weekend, and overall liquidity will decrease, making a retracement and consolidation likely!
According to Foresight News, 78,000 Bitcoin options and 461,000 Ethereum options are about to expire, with notional values reaching $7.18 billion and $820 million respectively. The Put Call Ratio for Bitcoin options is 0.75, with the maximum pain point at $86,000. The Put Call Ratio for Ethereum options is 0.82, with the maximum pain point at $1,900.
Follow me for daily real-time reminders to buy the dip and sell the top in a timely manner! Bitcoin will not rise to $100,000~$150,000 in one go; we must always maintain a sense of reverence for the market throughout this process!
