BTC & ETH Price Outlook After $2.7B Options Expiry: Max Pain Levels and Technical Targets

Description

$2.09 billion in Bitcoin options and $624 million in Ethereum options are set to expire today at 8 AM UTC. Bitcoin’s max pain price is at $98,000, while Ethereum’s is at $3,700. Deribit exchange will witness expiration of $1.83 billion in Bitcoin options in notional value. Traders were watching closely this morning as Bitcoin and Ethereum options worth a combined $2.7 billion expired at 8 AM UTC. Now with the dust settled, it appears both Bitcoin and Ethereum have experienced a slight dip in pri...