Attention: There is a $11.4 Billion Options Earthquake in Bitcoin and Ethereum Today! Here are the Critical Levels to Watch!

The leading cryptocurrency Bitcoin (BTC) rose above 111 thousand dollars last week, breaking a new record, and subsequently declined to levels around 106 thousand dollars.

While this decline makes the markets uneasy in the face of further downside risk, today, as every Friday, is the expiration date for option contracts in the crypto market.

These options are more significant due to their alignment with both the weekly and the last Friday of the month.

According to a report from Singapore-based crypto options data platform Greeks.live, 93,000 Bitcoin (BTC) and 624,000 Ethereum (ETH) options will expire on May 30 on the Deribit derivatives exchange.

Accordingly, the Put/Call Ratio for BTC options is 0.89, with a maximum loss point of 100,000 dollars and a conceptual value of 9.79 billion dollars.

Looking at Ethereum, ETH options have a 0.81 Put/Call Ratio, a maximum loss point of $2,300, and a conceptual value of $1.62 billion.

Analysts noted that Bitcoin has experienced a volatile trend this week, stating that Ethereum is stronger compared to BTC.

The Pull/Call ratios indicate that the market has a slightly optimistic expectation of price increases, while the maximum loss levels are 100,000 for (BTC and 2,300 dollars for ETH, carrying the risk of prices being pulled down to these levels.

Analysts stated that price fluctuations may occur in BTC and ETH according to these rates.

"Bitcoin fluctuated mostly this week, Ether was relatively strong, and accumulation has been ongoing for two weeks."

Data shows that the market is still optimistic about BTC reaching new peaks in the near future.

The upward shock of ETH has begun to slow down and the market has recalibrated the price and volatility of ETH.

Deliveries are less than 8% of total positions, this rate is declining and cryptocurrency organizations are not reacting much to the new highs in Ethereum. This indicates low expectations for a short-term increase in ETH and greater expectations for a stable, moderate increase.

May 30 Options Data 93,000 BTC options expired with a Put Call Ratio of 0.89, a Maxpain point of $100,000 and a notional value of $9.79 billion. 624,000 ETH options expired with a Put Call Ratio of 0.81, a Maxpain point of $2,300 and a notional value of $1.62 billion. Bitcoin has… pic.twitter.com/p9k8y44OUW

— Greeks.live )@GreeksLive( May 30, 2025

*This is not investment advice.

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