31,000 Bitcoin US dollar options worth 3.2 billion dollars expired as Trump signs encryption policies

Main visions:

• 31,000 BTC has expired at $ 3.19 billion with 0.48 call mode and $ 100,000 Maxpain.
• The policies of the digital assets of the President in the post -coordination president have entered Cripto Trump.
• The volume of ETH options increased by 38.06 % to $ 1.21 billion, while the open interest decreased by 5.92 % to 8.10 billion dollars.

The encryption derivative market witnessed an increase in the activity on January 24, with a noticeable increase in the volume of options for bitcoin and ethereum. According to macro research from the Greeks. Bitcoin (BTC) ended the US dollar options, with 0.48 mode calls, Maxpain point at $ 100,000, and a total virtual value of $ 3.19 billion.

ETHEREUM (ETH) options also registered a large expiration, with a total of 174,000 contracts with 0.47 mode calls, the Maxpain point is $ 3,300, and a virtual value of $ 580 million.

The size of options and open attention

The options market showed a sharp increase in trading activity, with Bitcoin USD options The volume of 58.50 %, up to $ 4.76 billion. This increase indicates an increase in interest in short -term trading strategies.

However, the open interest in BTC options decreased by 4.92 %, and decreased to 37.09 billion dollars. The decrease in open interest indicates that traders close current situations instead of starting new jobs, which reflects the short -term speculation rather than a long -term location.

Similarly, Ethereum options The volume increased by 38.06 % to $ 1.21 billion, indicating an increase in market participation. The open interest in ETH options decreased by 5.92 %, and it settles at 8.10 billion dollars.

This decrease indicates that traders were leaving sites at a faster rate compared to bitcoin.

Meanwhile, the total number of derivatives for ETHEREUM derivatives increased by 89.40 % to $ 54.30 billion, reflecting the increasing interest of speculation. The total derivative market witnessed a significant increase, with a volume of size 132.35 % to 187.02 billion dollars.

Total factors affect market morale

The Greeks emerge.

With the opening of Donald Trump as a new American president, market participants closely monitor changes in possible policy that can prefer cryptocurrencies.

Greeks.live Research indicated that the market’s pursuit of Bitcoin can continue throughout the year, depending on organizational developments.

Meanwhile, global total economic conditions are added to market fluctuations. Bank of Japan has announced a rise of 25 basis points, indicating a shift in the monetary policy position.

In the United States, the Federal Reserve is expected to maintain its current position of politics, with no immediate price cuts. Greeks.Live suggested that total events may settle, with the investor’s attention turning towards possible policy changes under the new American administration and flows to Bitcoin (ETFS) trading boxes.

Short -term trading strategies can be used to move uncertain on the market.

It reflects the price of the price of the bullish momentum

In the technical end, the daily technical indicators of Bitcoin indicate a continuous upward momentum. Relative power index (RSI) I stood up In 61.85, it goes above the moving average 56.75.

The relative power index remained in the upper region, indicating that the purchase of momentum continued.

If RSI 70 exceeds, Bitcoin can enter the peak area, which leads to possible corrections in the short term.

The MACD is a positive momentum, with the MACD line at 2,202, above the signal line at 1,492.

On the other hand, ETHEREUM’s work showed mixed signals. And rsi I stood up At 52.10, a little higher than the moving average 45.97. While the index suggested a moderate bullish momentum, relatively neutral.

MACD analysis showed a newly upscale intersection, with the MACD line at 13.80, bypassing the signal line at -34.10.

While the MACD chart remained negative at -47.90, it has shown signs of improvement, indicating that the declining momentum was a decrease. If the graph becomes positive, it may confirm a stronger upward trend.