Bitcoin
It was negotiated in a fair range during the US hours. UU. Thursday before a great expiration of the quarter of options on Friday.
The upper cryptocurrency is currently traded for $ 107,500, 0.2% less in the last 24 hours, while Coindesk 20, an index of the 20 main currencies for market capitalization, except the established, the exchange currencies and the stables, lost 0.9% in the same period of time.
“This Friday marks one of the greatest expansions of the option of the year in Delibit,” said Jean-David Péquignot, commercial director of Decedesk. The open interest of BTC options is $ 40 billion, Péquignot said, and 38% of these contracts will expire on Friday.
“The maximum pain price for Friday is $ 102,000, with an output/call ratio of 0.73,” Péquignot said.
The implicit volatility of Bitcoin, measured by DVOL DRUG, fell to 38% of 50% in what was a wild April, indicating that the market is increasingly trusting the role of the macro-these of cryptocurrency, according to Péquignot. Meanwhile, Put-Llame biases do not show a clear directional position for short-term merchants.
“The level of $ 105,000 of Bitcoin is fundamental, with technicians who suggest caution if the support fails,” Péquignot said. “The low open interest in Persses and Volatility and Bitcoin’s bias are quite depressed are indicative of limited expectations for acute price movements that go to the expiration of Friday.”
Several cryptography actions are managing profits on Thursday, with Core Scientific (Corz) Increasing more than 33% of a Wall Street Journal report that Bitcoin’s miner can soon be acquired by AI Hyperscaler Coreweave (CRWV).
Circle (CRCL)Coinbase (COIN)Riot platforms (RIOT) and cabin 8 (CABIN) They were higher by 5%-7%, while the strategy (Mstr) It was lower in almost 1%.
