Odaily Planet Daily News Greeks.live macro researcher Adam Yu X released "February 7th Option Delivery Data": 26,000 BTC options expired, Put Call Ratio was 0.58, the maximum pain point was $99,500, and the nominal value was $2.54 billion.
203,000 ETH options expired, Put Call Ratio was 0.46, the maximum pain point was $2,950, and the nominal value was $560 million.
The market was weak this week, and ETH's maximum pain point fell below $3,000 again. The intraday coin price once fell to $2,100, a new low since 2024. BTC effectively fell below the $100,000 mark. Since the market broke through $95,000 in late November, it has been fluctuating around this price.
The market is still digesting the impact of Trump Trade over the past three months. This week, the delivery volume accounts for 10% of the total position. The call option trading volume has dropped significantly, while the proportion of large-scale bearish transactions is increasing.
Tonight, there will be the US unemployment rate and non-farm data for January. The impact of macro events on US stocks is worth paying attention to. The overall risks of major speculative markets are now highly correlated.