CryptoMarkets

This Friday, June 28, Bitcoin options worth over $14 billion are set to expire on Deribit. This represents one of the largest quarterly settlements of the year, and markets are bracing for increased volatility.
A total of 141,271 option contracts are set to expire, with over 40% of Deribit’s open interest tied to this batch. Since each Deribit option represents one BTC, the total notional value exceeds $14 billion based on the current Bitcoin price of around $107,300.

Put/Call Ratio Rising – But It's Not Purely Bearish
Traders are leaning more heavily toward put options ahead of expiry, pushing the open interest put/call ratio down to 0.72. At first glance, this might appear to be a bearish signal.
However, according to Lin Chen, Head of Business Development for Asia at Deribit, the interpretation isn’t so straightforward. Much of the put option activity is related to cash-secured put strategies, where investors sell puts while holding enough capital to buy BTC if prices fall and the options are exercised.
This method allows investors to collect premiums in exchange for a willingness to buy Bitcoin at a discount—more of a yield-generation play than a purely bearish bet.

Calls Dominate in Numbers, But Most Are Likely to Expire Worthless
Of the total options expiring, approximately 82,000 are calls, making them the majority. However, most of these are out of the money and expected to expire worthless.
According to Deribit, only about 20% of call options are currently in the money, with strike prices below the spot price. Many of the profitable positions were established during the bull cycle from Q1 2024 to Q1 2025.
Some holders are already locking in gains, while others are rolling positions into futures contracts—both actions that can increase short-term market volatility.

Narrow Price Range, Max Pain Estimated at $102K
Bitcoin is currently consolidating between $106,000 and $107,500, with traders watching closely. The so-called “max pain” level—the price where the greatest number of option buyers would suffer losses—is estimated at $102,000.
Contracts with extreme strike prices are unlikely to be exercised. For instance, call options at $300,000 have large open interest but reflect overly optimistic bets that haven’t materialized.
Deribit offers a wide range of strike intervals—from $50 to $10,000, giving traders many hedging and speculative choices.

Traders Use Straddles, Market Signals Neutral Expectations
According to market maker Wintermute, traders are currently selling straddles, a strategy that benefits from low volatility. Specifically, they’re writing call options near $105,000 and shorting put options around $100,000.
“Price flows are leaning neutral, with traders selling straddles and writing calls around $105K and puts at $100K—indicating expectations of a tight trading range ahead of expiry,” Wintermute’s OTC desk stated.
From a technical analysis perspective, Bitcoin remains locked in a horizontal channel, with traders waiting for a decisive breakout up or down.

🔍 Summary:
🔹 $14 billion worth of BTC options expire on June 28

🔹 Put/call ratio is rising but driven by conservative yield strategies

🔹 Most calls are out of the money

🔹 Max pain is estimated at $102,000

🔹 Market volatility expected to increase, but traders currently betting on sideways movement

#bitcoin , #cryptooptions , #CryptoVolatility , #CryptoMarkets , #BTC

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Is $SEI Price Set For Another 70% Rally? A double bottom pattern and a declining squeeze signal large gains.
Sei (SEI) has recorded an impressive 77% gain in just seven days, outperforming the rest of the cryptocurrency market, as institutional interest continues to grow.
The SEI price is trading at $0.303 today, June 25, with a 24-hour trading volume of nearly $1 billion.
Despite these advantages, a clear gap has emerged between the technical structure and trader behavior in the derivatives market. So, can SEI hold onto its gains and potentially go higher, or will bears take control?


SEI price at December 2024 highs as bullish setup emerges.
SEI's price has been bullish in recent days, and has defied bearish moves in the broader crypto market.
These gains come after not only high buying interest but also high market activity, with SEI's DEX volume reaching $263 million in one week, according to a recent analysis by Market expart.
The technical setup suggests that this altcoin could be on its way to making significant gains following the maturation of a bullish double-bottom pattern.
Whenever this pattern emerges, it indicates that the upward trend is about to strengthen to support the coin's fresh highs.
This bullish pattern is also on the verge of maturity as the bulls hit the neckline resistance level at $0.27.
Today's candlestick pattern shows that the price has overcome this resistance, but there is still a daily close above it.
If the $SEI price closes two consecutive candlesticks above this resistance level, it can initiate a strong rally. The target price for this double bottom pattern is $0.483, which would represent a 74% upside from the neck resistance level.

The SEI has been trending up since last week, and despite the aggressive buying pattern, the RSI on the higher timeframe shows that there is still room for further gains. This indicator stands at 54, a sign that the momentum governing SEI price action is bullish.
A long short squeeze can give rise to benefits.
The $SEI has recorded a significant increase in short positions over the past 24 hours, and this is evidenced by the funding rate heatmap.
According to Coinglass data, SEI has a funding rate of -38%, the lowest in the crypto industry. That signals a sharp increase in demand for short positions, as futures traders bet the rally could be on the verge of exhaustion.

This setup supports the bullish thesis for SEI price forecasting. When short positions become crowded but price fails to show weakness, such as the emergence of a double-bottom pattern,
it can portend a massive short squeeze. This would accelerate the upward trend for SEI.
Most of these short-term positions are already being eliminated. Over the past two days, SEI has recorded more than $7 million in short liquidations, helping to sustain the rally.
Therefore, the SEI price, despite a 7% gain in the past seven days, still has room for further growth. The emergence of a double bottom chart pattern and a declining squeeze suggest that this altcoin could soon almost double to $0.48.
#Sei #MarketSentimentToday #Market_Update #CryptoMarkets #CryptoNewss

Today’s massive selloff in the energy sector has shaken global markets. Crude Oil (WTI) is down –12.51%, Brent follows with –12.31%, and even Natural Gas and Gasoline are taking hits.

Why it matters for crypto:
🧠 Traditionally, oil and risk assets (like crypto) move inversely in times of macro panic. This kind of plunge in oil signals fear of global slowdown, which affects investor risk appetite.
📉 A falling oil price often points to weaker global demand, recession risks, or a sudden shift in geopolitical expectations (possibly de-escalation in the Middle East). That’s bearish for traditional markets — but for crypto?

Here’s the breakdown:
- 🔓 Liquidity Shift: As commodities dump, some institutional capital may rotate into safe-haven or uncorrelated assets — crypto often benefits.
- 🧨 Risk Reset: If fear spreads across Wall Street, expect short-term crypto volatility. But if oil’s drop is due to peace or stability, crypto may rally with risk-on sentiment.
- 🛢️ Energy & Mining: Cheaper oil = lower mining costs = relief for Bitcoin miners.
Market Watchlist:
- $BTC , $ETH – macro-sensitive, could bounce on weaker dollar/oil.
- $WCT & #WalletConnect ecosystem – may see positive flow as traders seek interoperability.
- Commodities-tied tokens (like $OIL, $XAUT) – expect volatility.
📊 Bottom Line:
Crypto is watching oil closely. If this dump reflects global easing and not systemic fear, digital assets may be next in line to pump.
Follow for more information on what’s happening !💥
#OilCrash #CryptoMarkets #WCT #bitcoin