Leading cryptocurrency Bitcoin and other altcoins have entered the recovery process after the recent declines. However, investors are evaluating the market activity by focusing on Bitcoin and Ethereum options expiring on April 19.
BTC and ETH option data:
According to the report of Singapore-based crypto options data platform Greeks.live, 21,564 BTC and 298,415 ETH options will expire. The Put/Call ratio of BTC options is recorded as 0.64. The maximum loss point is determined as $65,000 and the notional value is $1.4 billion. In Ethereum options, the Put/Call ratio was reported as 0.42, the maximum loss point was 3,125 dollars and the notional value was 930 million dollars.
Before the halving, which is an important turning point for Bitcoin and Ethereum, option data provides investors with insight, but it is not sufficient on its own. Market activity, news, technical analysis and fundamental factors should also be taken into account. The upward trend in option data may indicate that the bulls may make a strong entry after the halving. However, in addition to the halving effect, factors such as macroeconomic developments in the market, regulatory steps around the world and trust in crypto assets are also important.
Analysis and market situation:
Crypto markets experienced a significant decline, with Bitcoin and Ethereum in particular falling below $60,000 and $3,000. This provided short position holders with the biggest gains of the year. However, Saturday’s Bitcoin halving expectations and the slowdown in ETF inflows negatively affected market sentiment. Despite the rally, the movements of big whales signal a lack of confidence in the market. It is emphasized that bulls need support after the halving.
Investors should determine their strategies by taking into account the uncertainties and risks in the market. Additionally, when investing in crypto assets, it is important to act with a long-term perspective and be prepared for sudden price fluctuations. Therefore, it is necessary to carefully plan each step and constantly monitor the market.
Put/Call ratio analysis:
Put/Call ratio is considered an important indicator in determining possible trends in the market. For Bitcoin it is 0.64 and for Ethereum it is 0.42. These rates generally show an upward trend. However, these rates alone are not sufficient to make an investment decision. Other data and signals in the market should also be taken into account. Bitcoin and Ethereum options data is an important tool for understanding investor sentiment in the market. However, you should not base your investment decisions solely on this data.
According to our news from Kriptokoin.com, it is necessary to take into consideration the general trends and other indicators in the market. It is important that you make informed investment decisions. Although Bitcoin and Ethereum option data give bullish signals, it is important not to make investment decisions using this data alone. It is necessary to consider the general trends in the market and other important indicators. Accordingly, it would be best to follow a balanced investment strategy.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!