BREAKING
235d 11h ago

Ethereum Quarterly Options Expiration Approaching with $22.7 Billion Notional Value and $2200 Max Pain Point

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

According to recent data from Deribit, the Ethereum market is poised for a significant quarterly options expiration next Friday, with an estimated notional value of $22.7 billion in options contracts set to expire. The put/call ratio of 0.5 indicates a market sentiment leaning towards calls, suggesting bullish positioning among investors. Additionally, the maximum pain point is identified at $2200, a critical price level where option holders may experience the greatest financial loss. This expiration event is closely monitored by traders and institutional participants as it could influence short-term price dynamics and volatility in the Ethereum ecosystem. Market analysts emphasize the importance of understanding these metrics to gauge potential price movements and risk exposure ahead of the expiration date.

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