Options expiration event: Today marks the expiration of options contracts totaling 9.48 billion USD for Bitcoin and 1.47 billion USD for Ethereum on Deribit. This significant end-of-month event heightens market interest.
Price outlook for Bitcoin and Ethereum: Market analysis shows that Bitcoin has yet to surpass the 100,000 USD mark, while Ethereum leads. A put/call ratio below 1 suggests an upward trend.
Risks and opportunities: If Bitcoin drops below 94,000 USD, long positions worth 1.05 billion USD could be liquidated. Conversely, if it exceeds 97,000 USD, 811 million USD worth of short positions might be liquidated.