BTC And ETH Options Expire Amid Market Stability

According to BlockBeats, on January 31, Greeks.live analyst Adam reported on social media that 80,000 BTC options expired today, 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 also 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, primarily digesting the impact of U.S. President Donald Trump's policies over the past three months. The monthly expiration volume accounts for nearly 30% of the total open interest, while the quarterly options expiring at the end of March now represent 50% of the open interest. Trump's presidency has not brought the anticipated influx of capital into the crypto industry. Instead, the issuance of meme coins and slow policy releases have led to a sluggish market. However, there are still many long-term positives to look forward to. The Federal Reserve's decision to maintain interest rates without cuts has contributed to a stable macroeconomic outlook. The focus for the remainder of the week will be on changes in U.S. government policies and the inflow of ETFs.