Market Alert: 23,000 BTC Options Set to Expire Today Amid $1.97 Billion Notional Value

BTC

BTC/USDT

$83,969.04

-0.81%

$83,969.04

-0.81%

(24s)

24h Volume

$18,076,940,753.80

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.5%

Long: 58.5%Short: 41.5%

Funding Rate

-0.0031%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$83,964.00

▼ -0.16%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$83,964.00

Support 1$83,103.66

Support 2$80,162.92

Support 3$77,001.87

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.8

On April 18th, COINOTAG News reports that a significant event is underway in the cryptocurrency market, as approximately 23,000 BTC options are poised for expiration today. The current Put Call Ratio stands at 0.96, with a max pain price calculated at $82,000. The notional value of these options reaches an impressive $1.97 billion, indicating heightened market activity. Additionally, 177,000 ETH options will also expire, exhibiting a Put Call Ratio of 0.84 and a max pain price of $1600. This segment has a notional value of $280 million, reinforcing the substantial interest in Ethereum derivatives. Investors and traders should monitor these expirations closely as they could influence market dynamics and pricing in the upcoming sessions.