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This Friday while the scholarship is coming to ‘Good Friday»The crypto market remains under tension. It is more than $ 2.2 billion in Bitcoin and Ethereum options: a huge volume that crystallizes the attention of traders. This technical term, although expected, occurs in the climate of strong uncertainties, between bruises, extreme pain levels and pressure associated with American monetary policy. If the possibility expires, the risks will remain whole.
In short
- This day will expire more than $ 2.2 billion in Bitcoin and Ethereum options, which makes this day one of the most examined on the market market.
- Open positions reveal the predominance of ascending strategies, but the target price levels remain largely beyond the reach of current courses.
- With PUT/Call below 1, traders show slight optimism, despite latent volatility impaired by economic context.
- This term acts as revealing the fragility of the market where technical movements can be intensified by the smallest macroeconomic spark.
A massive term on the crypto derivative markets
This Good Friday is a traditional market, but the universe Kryptos remains in motion. On the occasion of this special day, more than $ 2.2 billion will expire on the Bitcoins (BTC) and Ethereum (ETH) markets.
Bitcoins are particularly important for 23,221 contracts or $ 1.966 billion. The PUT/Call ratio is 0.96, reflecting a slight domination of bulls. In addition, “maximum breadThe price at which the maximum loss is recorded for the optional holder is estimated at $ 82,000. The ratio of less than 1 suggests that more investors should bet on raising the price rather than a reduction.
For Ethereum, the situation is distinguished by a more modest amount, but comparable dynamics. Here are key characters:
- Validity of 177 1330 contracts expired, for an imaginary value of $ 279.789 million;
- PUT/CALL ratio is 0.84, which indicates the prevalence of purchasing options;
- The price of maximum pain is set at $ 1,600, which is significantly below the current market level.
This data shows that despite the technical structure dominated by bull investors, the gap between current prices and levels ”maximum breadIt could cause coverage strategies in the coming hours. Investors examine these terms in the short term to predict tension or calm.
Misleading signals calm and vulnerability
Stability is hiding at the apparent prices. As the Debit Analysts emphasize: ‘Current conditions are characterized by crushed volatility and price asymmetry, indicating the obvious neutrality of feeling».
However, this configuration, often observed on the eve of brutal movements, should not be taken easily. ”Is the market for crushed volatility and price asymmetry for the movement after expiration?He asked these analysts.
Greeks analysts. Although the week was marked by the relative calm of the media by Donald Trump, they notice the dominant trend down and warn:
In this market, where optimistic investors have become pessimistic, the probability of black swans is significantly higher.
Their recommendation is to assume power options ”Out of money»This means that sales options whose exercise price is less than the current course of basic assets, as a face -to -face protection.
This distrust is also explained by the tense macroeconomic environment, especially after the words of President Fed Jerome Powell, who has cooled hopes for a rapid drop in rates.
The combination of these signals (a decrease in volatility, tightening positions and the uncertain macroeconomic climate) opens the door to several scenarios. If the stabilization hypothesis remains credible in the short term, the risk of unexpected shock, especially on the market already heavily correlated with the dynamics of traditional assets, must not be excluded. In all cases, the next few days will be carefully explored by traders and investors and is looking for signs of rupture or confirmation of permanent trend.
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A graduate of the Toulouse and the Blockchain Consultant Certification certification holder and I joined the adventure of Cointribuna in 2019. I convinced of the potential of blockchain to transform many economy sectors, committing to raising awareness and informing the general public about how the ecosysty developed. My goal is to allow everyone to better understand blockchain and take the opportunity they offer. I try to provide an objective analysis of messages every day, decrypt trends on the market, hand over the latest technological innovations and introduce the economic and social issues of this revolution.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.