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Greekslive: 41,000 BTC Options and 228,000 ETH Options are expiring.

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According to Wu, as reported by Greekslive, 41,000 BTC options are set to expire, with a Put Call Ratio of 0.61 and a maximum pain point of $105,000, representing a notional value of $3.95 billion. Additionally, 228,000 ETH options are expiring, with a Put Call Ratio of 0.59 and a maximum pain point of $3,475, representing a notional value of $730 million. Currently, BTC has fallen below the $100,000 mark with no obvious rebound signs, while ETH has recorded three consecutive monthly bearish candles, leading market sentiment to shift from neutral to negative. According to major options data, implied volatility has risen across the board, with BTC's short- to medium-term IV approaching 50%, averaging around 45%, and ETH's major term IV also exceeding 70%, with short- to medium-term IV nearing 100%, indicating a continued increase in volatility expectations.

BTC-6.67%
ETH-8.34%
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