Bitcoin Options Expiry to Hit $19.8 Billion This Friday: Key Insights on Max Pain and Put/Call Ratio

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

As reported by COINOTAG on April 17th, a significant expiration of cryptocurrency options is slated for this Friday, with a total estimated value exceeding $22.5 billion. This event includes Bitcoin (BTC) options amounting to $19.8 billion, which feature a max pain point set at $82,000 and a Put/Call ratio of 0.92. Additionally, Ethereum (ETH) options contribute a notional value of $2.71 billion, with their max pain level at $1,600 and a Put/Call ratio of 0.88. These figures underscore the substantial trading activity and implied market sentiment surrounding these digital assets, reflecting the evolving dynamics within the cryptocurrency landscape.