Bitcoin Options Expiry Reflects Bearish Market Sentiment

A significant event is approaching in the crypto market, with 18,300 Bitcoin options worth $1 billion set to expire on Deribit. The put/call ratio stands at 0.65, indicating a higher volume of call options compared to puts. The max pain point has shifted down to $61,500 from $63,500, reflecting the selling pressure and bearish sentiment … source: https://coinpedia.org/crypto-live-news/bitcoin-options-expiry-reflects-bearish-market-sentiment/