{"id":30285,"date":"2023-10-13T06:20:28","date_gmt":"2023-10-13T06:20:28","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/10\/13\/bitcoin-options-data-suggest-weakness-with-put-calls-dominating\/"},"modified":"2023-10-13T06:20:28","modified_gmt":"2023-10-13T06:20:28","slug":"bitcoin-options-data-suggest-weakness-with-put-calls-dominating","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/10\/13\/bitcoin-options-data-suggest-weakness-with-put-calls-dominating\/","title":{"rendered":"Bitcoin Options Data Suggest Weakness With Put Calls Dominating"},"content":{"rendered":"

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The Bitcoin price<\/a> misplaced the essential help of $27,000 earlier this week with BTC now oscillating round $26,700 ranges. Traders shall be intently expecting any sort of volatility forward of the Friday\u2019s expiry.<\/p>\n

A Look At Bitcoin Options Data<\/h3>\n

Approximately 24,000 BTC choices are nearing their expiration, presenting a Put Call Ratio of 1.23, a most ache level at $27,000, and a notional worth totaling $640 million. Alongside this, round 190,000 ETH choices are additionally on the verge of expiration, boasting a Put Call Ratio of 0.71, a most ache degree of $1,600, and a notional worth of $290 million.<\/p>\n

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Bitcoin (BTC) stays the dominant participant, with a outstanding 70% surge in weekly positions for BTC choices. Notably, BTC Put positions comprise 60% of the full, an uncommon incidence, stories Greek Live. Conversely, Ethereum (ETH) appears to be in a slower lane, lagging behind.<\/p>\n

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