BTC and ETH Options Expiry Sparks Bearish Sentiment

The market is experiencing a key expiration event for Bitcoin (BTC) and Ethereum (ETH) options, influencing market sentiment and potentially leading to price shifts in the coming weeks. Analysis of the expired options reveals an overall bearish outlook with high put/call ratios reflecting investor caution. 27,000 BTC options expiring saw a Put/Call Ratio of 1.03, while 220,000 ETH options saw a ratio of 1.36. This indicates a potential shift in market dynamics and strategic investment decisions.