Greeks.live: 22,000 BTC options and 300,000 ETH options are expiring soon, with a notional value of over $2.3 billion
ChainCatcher news, Greeks. live macro researcher Adam posted on the X platform:
22,000 BTC options are about to expire, the Put Call Ratio is 0.64, the biggest pain point is US$65,000, and the nominal value is US$1.4 billion.
300,000 ETH options are about to expire, the Put Call Ratio is 0.42, the biggest pain point is $3,125, and the nominal value is $930 million.
The crypto market once again encountered a major correction this week. Bitcoin and Ethereum once fell below $60,000 and $3,000 respectively. Shorts achieved the largest and most lasting victory this year. However, all major term IVs continued to decline, mainly due to the sharp decline in call option prices, and Saturday's halving expectations were no longer able to support the market. ETF capital inflows have slowed recently and market sentiment has been sluggish. Despite today's rebound, the whale's operations still indicate a lack of confidence in the market outlook. The bull market needs the support of more capital inflows after the halving.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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