$2.22B Options Expiry Tomorrow: Prepare for Chaos! 💥

This is not a drill: $2.22 billion in crypto options settle on Deribit tomorrow at 08:00 UTC, and this weekly event usually means fireworks. Deribit dominates 90% of the market, so pay attention.

$BTC options are heavily skewed bearish with a 1.05 Put/Call ratio, reflecting the recent failure to hold $95k. The max pain point sits squarely at $90,000. 😬

We are seeing massive open interest walls: Puts defending $85,000 and Calls stacked above $90,000. $ETH, however, shows bullish positioning with a sub-1.0 ratio.

The market is range-bound between $85k support and $92k resistance, but this expiry could force a decisive move out of that sideways chop. Expect volatility as positions are rolled.

#CryptoExpiry #BTCMarket #OptionsTrading

BTC
BTCUSDT
95,374.8
+0.36%

ETH
ETHUSDT
3,317.26
+1.14%