PANews reported on January 29th that, according to Deribit's official announcement, over $9.5 billion worth of crypto options will expire at 16:00 Beijing time on January 30th. Of this, Bitcoin options have a notional value of $8.27 billion, a put/call ratio of 0.54, and a maximum stop-loss price of $90,000; Ethereum options have a notional value of $1.27 billion, a put/call ratio of 0.74, and a maximum stop-loss price of $3,100. Currently, Bitcoin's price is consolidating around $90,000, with increased demand for downside protection indicating cautious trading sentiment, but overall positions remain bullish.
According to previous reports,Deribit stated that cryptocurrency options trading activity has kept Bitcoin's price around $90,000 .
