#BTC Back Above 110K# Today, there is a $3.6 Billion Options Earthquake in Bitcoin and Ethereum! Here’s everything you need to know…

According to Deribit data, options worth 3 billion Dollar in Bitcoin (BTC) and 612 million Dollar in Ethereum (ETH) will expire.
The leading cryptocurrency Bitcoin has recently made a move, rising from the level of 105 thousand Dollar to the level of 109 thousand Dollar.

While the uncertainty of whether this rise will continue remains, today, as every Friday, the expiration date for options contracts in the crypto market has arrived.
According to the weekly data for the first week of July, on July 4, options worth 3 billion dollars in Bitcoin (BTC) and options worth 612 million dollars in Ethereum (ETH) will expire on the Deribit derivatives exchange.

Accordingly, the Put/Call ratio for BTC options is 1.05, with a maximum loss point of 106,000 dollars and a conceptual value of 3 billion dollars.
When we look at Ethereum, ETH options have a Put/Call ratio of 1.24, a maximum loss point of 2,500 dollars, and a conceptual value of 612 million dollars.
The maximum pain point is the level at which the cryptocurrency price settles at a certain value as it approaches the expiration date of an option, causing significant losses for the maximum number of options investors.

At this point, the expiration of the 3 billion Dollar options on July 4th could lead to significant volatility in the Bitcoin price. The maximum pain point is at 106,000 Dollar for BTC and 2,500 Dollar for Ethereum, while investors may push prices to these levels through market manipulation. Indeed, market prices are above the maximum pain point.
What Does the Put/Call Ratio Indicate for Bitcoin and Ethereum?
The put/call ratio is calculated by dividing the number of put options by the number of call options. A ratio below 1 indicates that there are more calls than puts, which suggests a bullish trend. A ratio above 1 means that there are more puts than calls, indicating a bearish trend. A ratio close to 1 signifies that the market is balanced or neutral.
The rate for Bitcoin is 1.05, while for Ethereum it appears as 1.24. This rate for BTC indicates a balanced, horizontal market at 1, while for Ethereum, the rate is above 1, indicating a downward trend.

However, time will tell how these ratios will affect the price. At this point, do not base your investment decisions on a single data point or report.
IT IS NOT INVESTMENT ADVICE