Analysis of Bitcoin and Ethereum Options Expiry

user avatar

by Giorgi Kostiuk

2 years ago

On January 10, $2.24 billion in Bitcoin and Ethereum options are set to expire on Deribit. This event coincides with a weak market performance.

Bitcoin and Ethereum Options Expiry Data

Tomorrow, January 10, $2.24 billion in Bitcoin and Ethereum options will expire on Deribit. $1.79 billion in BTC options feature a Put/Call ratio of 0.66 and a Max Pain Point of $97,000. Also, $451 million in ETH options are set to expire with a Put/Call ratio of 0.49 and a Max Pain Point of $3,500. The expiry is accompanied by a weak market performance that has affected both BTC and ETH prices this week.

Current BTC Situation

At the moment of writing, BTC is trading above $93,000, having fallen by over 1.5% in the past 24 hours. Earlier today, BTC dipped to $92,000 levels before bouncing back above $93,000. After starting the week above $102,000 on January 6th, BTC began a downward trajectory from January 7, driven by factors such as crypto market liquidations, rising oil prices, inflation fears, and new potential pandemic concerns. Additionally, on January 8, BTC ETFS recorded a significant outflow of nearly $583 million according to SoSoValue data.

Current ETH Situation

ETH is currently stationed above $3,300, having decreased by over 1% in the past 24 hours. Earlier today, ETH dipped to $3,200 levels before bouncing back above $3,300. ETH peaked above $3,700 on January 6 but began a price decline the next day. On January 7 and 8, respective outflows of nearly $87 million and over $159 million were recorded from ETH ETFs according to SoSoValue data.

Despite the market correction, optimism around Bitcoin remains strong, particularly in light of political backing and potential innovations. Market participants continue to observe developments closely and maintain a positive outlook.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Pontoro and Archax Introduce Automated Liquidity Pool on Stellar

Pontoro and Archax have launched an Automated Liquidity Pool on the Stellar network during Meridian 2026, combining liquid money market assets with private market fund exposure.

user avatarTomas Novak

Chainlink Launches 24/7 Pricing Service for Onchain Assets

Chainlink has launched a new service that provides a continuous price series for assets, solving the issue of unreliable pricing during off-hours for onchain applications.

user avatarMaya Lundqvist

Securitize Announces Integration with Stellar Network

Securitize announced plans to integrate the Stellar network into its infrastructure for institutional asset managers, enhancing the management of tokenized financial assets.

user avatarKaterina Papadopoulou

Lagarde's Criticism of Bitcoin and Its Implications

Christine Lagarde has been a vocal critic of Bitcoin, emphasizing the need for secure and liquid central bank reserves.

user avatarLeo van der Veen

ECB Advances Digital Finance Initiatives Under Lagarde

Under Christine Lagarde's leadership, the European Central Bank has made notable strides in digital finance, including work on a digital euro and the introduction of Pontes for tokenized asset transactions.

user avatarAisha Farooq

Selection Process for Lagarde's Successor at ECB

The European Central Bank has outlined the process for selecting Christine Lagarde's successor, which will be conducted under Article 283 of the Treaty on the Functioning of the European Union.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.