Nearly $3 billion worth of BTC and ETH options will expire on Deribit, with Bitcoin’s max pain point at $75,000 and Ethereum’s at $2,200, indicating market uncertainty.
On February 13 at 16:00, Bitcoin options worth $2.52 billion will expire, with a 0.76 put/call ratio and a max pain level at $75,000, reflecting a slightly bullish sentiment. Ethereum options totaling $390 million will also expire, showing a 0.93 put/call ratio and a max pain level at $2,200. These expirations are expected to contribute to potential short-term volatility in the market as traders adjust their positions.