As another trading week comes to a close, the Crypto Assets market is facing new variables. Approximately 35,000 Bitcoin options contracts will expire this Friday (August 8), with a valuation close to $4.1 billion. Although the expiration size is reduced compared to last week, it still attracts market attention.



Currently, the Bitcoin options market is showing a complex situation. The put/call ratio has reached 1.38, indicating that bearish sentiment is slightly prevailing. The market's maximum pain point is at $115,000, which is about $2,000 lower than the current spot price. This means that if the price approaches this level at expiration, it could trigger significant volatility.

It is worth noting that the Open Interest (OI) data shows a divergence in market participants' views on future trends. On the Deribit platform, the OI for contracts with an exercise price of $140,000 has risen to nearly $3 billion, while the OI for contracts with an exercise price of $120,000 has also reached about $2.3 billion, reflecting the active entry of bullish investors.

The crypto assets derivatives analysis agency Greeks Live pointed out that the current market sentiment is complex. Traders are focusing on the low volatility environment on one hand, while closely monitoring the execution level of the weekend options at $112,000 on the other hand. Although the market implied volatility has reached 32%, indicating a certain degree of uncertainty, traders are still actively participating in trades around $112,000.

Meanwhile, the spot market has shown signs of recovery recently, which may be partly related to changes in the U.S. policy environment. However, the options contract expiration size this week is relatively small, and the direct impact on the spot market is expected to be limited.

As the Crypto Assets market continues to evolve, options trading is becoming an important tool for investors to manage risk and express market views. This week's options contract expiration will undoubtedly bring new variables to the market, and investors need to closely follow relevant trends and make informed decisions based on their own risk preferences.
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PonziDetectorvip
· 08-11 09:11
Akarin is in a mess.
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GasFeeNightmarevip
· 08-10 10:41
I have to stay up late again tonight to calculate gas, the data looks so dizzying.
View OriginalReply0
SybilAttackVictimvip
· 08-09 04:07
The girl has bought the dip.
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ShadowStakervip
· 08-08 09:50
meh... another options expiry, another round of market manipulation tbh
Reply0
NFTArchaeologisvip
· 08-08 09:49
Options shrinking is like inscription ruins, witnessing the true value flow of digital gold.
View OriginalReply0
MindsetExpandervip
· 08-08 09:41
Just a spot giant.
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BasementAlchemistvip
· 08-08 09:40
It's Friday again, Be Played for Suckers day.
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