Adam, a researcher at Greeks.live, posted on the X platform that 18,000 BTC options are about to expire, with a Put Call Ratio of 0.64, a maximum pain point of $62,000, and a nominal value of $1.2 billion.
280,000 ETH options are about to expire, with a Put Call Ratio of 0.74, a maximum pain point of $3,050, and a nominal value of $800 million. The crypto market was relatively weak this week, with trading volume continuing to fall, and the weakness is still continuing. The outflow trend of BTC ETFs in the US stock market has eased, but from the perspective of block trading and market trading structure, the weakness of the currency price has led to a continuous weakening of market confidence, and the IV of each major term has continued to decline. The current IV level is slightly below the average water level, which has certain support, and there is not much room for further decline.