this may be the reason BTC, eth trend is not yet determined #BTCvsMarkets #ATH
Binance News
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Bitcoin and Ethereum Options Set to Expire Amid Market Dynamics
According to PANews, Deribit's Asia-Pacific head, Lin Chen, announced that Bitcoin (BTC) and Ethereum (ETH) options for April are set to expire this Friday, April 25, at 4 p.m. (UTC+8). At the time of expiration, BTC will see $7.2 billion in open interest expire, with a current put/call ratio of 0.73. The maximum pain point is at $85,000, while the current price stands at $92,735, indicating a significant victory for call option buyers.
In parallel, ETH will have $800 million in open interest expiring, also with a put/call ratio of 0.73. The maximum pain point for ETH is $1,900, with the current price at $1,769, suggesting a slight advantage for put option buyers.
I just started playing too. I see that I wait for the recovery rhythm to cut losses for the day. As long as there is money, there is a chance to recover. Losing money means nothing left.
Dickson Quang
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Playing futures for the first time and got stuck with this ghost, not sure when I'll be able to get out 😑😑😑
exchange rates change exponentially. who dares to buy or sell 😂😂😂
Master Crypto 1990
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This is for long-term investment, you will use this. It automatically buys coins according to the specified instructions at certain times. Therefore, short-term profit and loss cannot be determined.
ムNムV
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I need some help understanding this. The Auto Index Plan bought the coins, not me. Even though the prices are going up, it's still showing a loss. For example, the coin size is very small, like 0.68, but the loss is showing as 0.78 USDT. How is this possible? Can someone explain? plz help me out