$2.09 billion in Bitcoin options and $624 million in Ethereum options are set to expire today at 8 AM UTC. Bitcoin’s max pain price is at $98,000, while Ethereum’s is at $3,700. Deribit exchange will witness expiration of $1.83 billion in Bitcoin options in notional value. Traders were watching closely this morning as Bitcoin and Ethereum options worth a combined $2.7 billion expired at 8 AM UTC. Now with the dust settled, it appears both Bitcoin and Ethereum have experienced a slight dip in price. Bitcoin options with a notional value of $2.09 billion expired earlier today, while Ethereum options totaling $624 million in notional value also reached their conclusion. The concept of “max pain price,” which indicates the price level at which option holders face the greatest financial loss, is a crucial element in anticipating price action following such events. 𝐀𝐓𝐓𝐄𝐍𝐓𝐈𝐎𝐍 𝐂𝐑𝐘𝐏𝐓𝐎 𝐇𝐎𝐋𝐃𝐄𝐑𝐒, 𝐇𝐔𝐆𝐄 𝐕𝐎𝐋𝐀𝐓𝐈𝐋𝐈𝐓𝐘 𝐀𝐋𝐄𝐑𝐓 Bitcoin and Ethereum options expiry is set to happen today at 1:30 pm IST #Bitcoin : $2.09 billion (Notional value) #Ethere… The post BTC & ETH Price Outlook After $2.7B Options Expiry: Max Pain Levels and Technical Targets appeared first on Coin Edition .