BTC & ETH Sept. 20 Options Data
20,200 BTC options are about to expire with a Put Call Ratio of 0.86, a Maxpain point of $59,000 and a notional value of $1.28 billion.
125,000 ETH options are due to expire with a Put Call Ratio of 0.67, a Maxpain point of $2,350 and a notional value of $320 million.
The cryptocurrency rally continued this week, as the Fed's final 50 basis point rate cut slightly exceeded market expectations, greatly boosting market confidence, in addition to the fact that the third quarter is coming to an end and investors are starting to lay out the fourth quarter. After the rate cut hit the ground, IV declined across all major terms and remains under downward pressure as quarterly delivery approaches.
BTC has performed reasonably well from September to now, ETH is weaker, and the exchange rate to BTC has rebounded at the long-term support level of 0.04, so the October market is worth paying attention to.
125,000 ETH options are due to expire with a Put Call Ratio of 0.67, a Maxpain point of $2,350 and a notional value of $320 million.
The cryptocurrency rally continued this week, as the Fed's final 50 basis point rate cut slightly exceeded market expectations, greatly boosting market confidence, in addition to the fact that the third quarter is coming to an end and investors are starting to lay out the fourth quarter. After the rate cut hit the ground, IV declined across all major terms and remains under downward pressure as quarterly delivery approaches.
BTC has performed reasonably well from September to now, ETH is weaker, and the exchange rate to BTC has rebounded at the long-term support level of 0.04, so the October market is worth paying attention to.
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