BlockBeats news, today is a day worth paying attention to! According to data from Greeks.live, 39,000 Bitcoin (BTC) options and 189,000 Ethereum (ETH) options are set to expire today. The market’s Put Call Ratio is 0.84 and 0.92 respectively, meaning the market is slightly neutral on future moves. Bitcoin’s biggest pain point is $80,000, while Ethereum’s is $3,000, with nominal values ​​reaching $3.4 billion and $580 million respectively. 💰

Adam, a researcher at Greeks.live, said that Bitcoin has performed strongly recently, not only breaking through $80,000, but also hitting $90,000 in one fell swoop, setting a new all-time high. This wave of gains triggered a meme frenzy in the market, and even the combination of Trump and Musk was considered to potentially bring more possibilities to the crypto market in the next four years.

Despite this, market sentiment remains positive, and the brief pullback does not appear to have affected the overall upward trend. About 10% of positions are set to expire this week, which has also resulted in a significant increase in the implied volatility (IV) of short-dated options, while the at-the-money IV of mainstream maturity options has been relatively stable.

What do you think about the future trend of the encryption market? Should we continue to be bullish, or do we think there will be an adjustment? Welcome to share your views in the comment area and discuss this dynamic market with everyone!