BlockBeats News, September 23rd, Greek.live researcher Adam stated on social media that the current sentiment of the crypto community tends to be cautiously bearish. Traders generally believe that it is advisable to avoid bottom fishing at the moment as there is no clear signal of trend reversal yet. Most members are focusing on the support test in the $10.4-10.5k range for Bitcoin and the key technical level of $4000 for Ethereum, remaining vigilant against the pressure brought by the quarterly settlement on September 26th.
BlockBeats previously reported that according to Deribit data, this Friday (September 26th) will see the expiration and settlement of options, including:
· BTC options with a notional value of $17.47 billion, put/call ratio of 0.74, and a maximum pain point of $110k;
· ETH options with a notional value of $5.48 billion, put/call ratio of 0.76, and a maximum pain point of $3700.
