Bitcoin and Ethereum's Crucial Friday Arrives! BTC and ETH Prices Just Started Rising, But There's a Risk of $4.5 Billion in Selling Pressure! Here's What You N...

After a seven-year hiatus, the US government shut down due to an unresolved budget ￰0￱ this shutdown wasn't expected to last long, Bitcoin, Ethereum, and altcoins surged despite the uncertainty surrounding the ￰1￱ later, BTC surpassed $120,000, while Ethereum surpassed $4,500. This upward trend is expected to continue into October, the month known as Uptober, and today, as every Friday, the expiration date for options contracts in the crypto market has ￰2￱ to the first weekly data for October, $3.32 billion worth of Bitcoin (BTC) and $963 million worth of Ethereum (ETH) options will expire on October 3 on the Deribit derivatives exchange. Accordingly, the Put/Call Ratio of BTC options is 1.15, the maximum loss point is $115,000 and the notional value is $3.32 ￰3￱ we look at Ethereum, ETH options have a Put/Call Ratio of 0.93, a maximum loss point of $4,200, and a notional value of $963 ￰4￱ we look at the put/call ratio, we see that it's 1.15 for BTC and 0.93 for ￰5￱ ratios indicate that sell orders for Bitcoin are greater than buy orders, and options traders are ￰6￱ contrast, the put/call ratio for ETH is 0.93, reflecting a more neutral investor sentiment than ￰7￱ suggests that options traders are taking positions in anticipation of continued sideways movement in the Ethereum price, according to ￰8￱ maximum pain point is the level at which the cryptocurrency price settles at a certain value as an option approaches its expiration date, resulting in significant losses for the largest number of option ￰9￱ this point, traders typically pay attention to the highest pain level, which can exert a significant pull on price movement toward ￰10￱ and Ethereum are currently trading well above their maximum loss levels, but market makers and options sellers may attempt to push BTC and ETH to the $115,000 pain point and $4,200 pain point, respectively, to offset their ￰11￱ of writing, Bitcoin and Ethereum are trading at $119,900 and $4,455 respectively. *This is not investment ￰12￱ Reading: Bitcoin and Ethereum's Crucial Friday Arrives!

BTC and ETH Prices Just Started Rising, But There's a Risk of $4.5 Billion in Selling Pressure! Here's What You Need to Know…