Options Expiry Highlights Market Trends Amid Trump Trade Impact

According to PANews, macro researcher Adam from Greeks.live reported that on January 31, 80,000 BTC options expired with a Put Call Ratio of 0.68 and a maximum pain point of $98,000, amounting to a nominal value of $8.38 billion. Additionally, 603,000 ETH options expired with a Put Call Ratio of 0.43 and a maximum pain point of $3,300, totaling a nominal value of $1.96 billion. This week, the market has been relatively calm as it continues to absorb the effects of the Trump Trade over the past three months. The monthly options expiry accounted for nearly 30% of the total open interest, while the quarterly options set to expire at the end of March now represent 50% of the holdings. U.S. President Donald Trump's tenure has not brought the anticipated influx of capital into the cryptocurrency sector. Instead, the issuance of memes and slow policy releases have led to a sluggish crypto market. However, there are still long-term positive prospects to look forward to. The Federal Reserve's decision to maintain interest rates without cuts and the stable outlook for upcoming macroeconomic events are noteworthy. This week, attention will focus on policy changes from the new administration and the inflow of ETFs.