Bitcoin and Ethereum Options Worth Approximately $2.13 Billion Expire Today

robot
Abstract generation in progress
On July 3, data from Greeks.live indicates that a total of 31,000 BTC options are set to expire today, with a Put/Call Ratio of 0.7 and a maximum pain point at $61,000, representing a notional value of approximately $1.9 billion. Additionally, 135,000 ETH options will expire, with a Put/Call Ratio of 1.29 and a maximum pain point at $1,650, amounting to a notional value of about $230 million. Analyst Adam from Greeks.live noted that Bitcoin has regained the $60,000 mark this week, but the long-term downward trend has not yet ended. Selling pressure from MicroStrategy and spot ETFs has shifted market consensus, turning major buyers into sellers, which typically signals an acceleration of declines during a bull-bear transition. According to options data, the scale of contracts expiring this week is relatively high, with BTC GEX primarily concentrated at $60,000 and ETH GEX at $1,700. The ETH Put/Call Ratio has risen to 1.29, reflecting a significant increase in market risk aversion and heightened concerns about further declines. Current market focus remains on U.S. stocks and tokenized U.S. equities, with the overall performance of the crypto market in the third quarter likely facing some pressure.
BTC1.20%
ETH4.89%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
whxing777
· 4h ago
One side says you’re predicting it might fall, but in reality it keeps climbing—keep up your con.
View OriginalReply0
  • Pinned