Bitcoin And Ethereum Options Expiry Highlights Market Trends

According to PANews, on January 24, a total of 31,000 Bitcoin options expired, with a put-call ratio of 0.48 and a maximum pain point at $100,000, amounting to a nominal value of $3.19 billion. Additionally, 174,000 Ethereum options expired, with a put-call ratio of 0.47 and a maximum pain point at $3,300, totaling a nominal value of $580 million. Bitcoin remains above $100,000, and there is a significant probability that it will become a reserve asset for the U.S. government and major corporations this year. The inauguration of President Trump has potentially removed policy barriers, and the market's enthusiasm for Bitcoin may persist throughout the year. With Trump's official inauguration as the new U.S. president, there is interest in whether he will implement policies directly benefiting cryptocurrencies. Meanwhile, the Bank of Japan announced a 25 basis point interest rate hike today, and the upcoming Federal Reserve meeting next week is expected to maintain the current interest rates without cuts. The macroeconomic outlook remains relatively stable, with a focus this week on policy changes from the new administration and ETF inflow trends. Investors may consider purchasing short-term options for short-term trading.