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$1.2B BTC and $230M ETH options expired, signaling cautious crypto market with mixed bullish and bearish forces.

Market News
17 Jul 2026
TheNewsCrypto
View Source
Neutral
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On July 17, $1.2 billion worth of Bitcoin options and $230 million worth of Ethereum options expired, reflecting cautious trading with no clear market direction. Bitcoin remains rangebound between $60,000 and $65,000, while Ethereum shows bearish hedging with a put-call ratio of 1.61. Market makers are closely watching key price levels around $64K-$70K for BTC and $1,825-$2,000 for ETH. Both assets face potential support and resistance zones, indicating uncertainty as traders position cautiously amid subdued broader market sentiment.

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