Sense

1/2 $10 Billion in BTC & ETH Options Expiring Today: Is This the Perfect Time to Enter Altcoins?

Let’s Find Out👇                                                                                                                                                                                                                                                   

𝐁𝐓𝐂 & 𝐄𝐓𝐇 𝐎𝐩𝐭𝐢𝐨𝐧𝐬 𝐃𝐚𝐭𝐚

➬ BTC Options Value: $8.3B | Max Pain: $98K | Current: $104,000

➬ ETH Options Value: $1.95B | Max Pain: $3,300 | Current: $3,269

➬ Put-to-Call Ratio: BTC (0.48) & ETH (0.47)

More calls than puts, meaning traders are leaning bullish.

Both BTC and ETH are trading above their max pain points. 

If they hold these levels, it could create stability in the market and set the stage for a shift towards altcoins.

@tylerfoust.eth

As BTC and ETH options expire above max pain, traders might be eyeing altcoins like cyclists spotting the perfect downhill: a chance to pick up speed. Are we ready to shift gears in the crypto ride? 🚴‍♂️