According to Deep Tide TechFlow news, on November 22, Greeks.live posted on platform X stating that 29,000 BTC options are expiring, with a Put Call Ratio of 1.1 and the maximum pain point at $86,000, with a nominal value of $2.84 billion; 164,000 ETH options are expiring, with a Put Call Ratio of 0.65 and the maximum pain point at $3,050, with a nominal value of $550 million.
Bitcoin continues to rise sharply, approaching $100,000, and ETH also drives a rebound in altcoins. IBIT options have started trading, and significant capital inflows are flowing into ETFs. The spot bull market is strongly driven by multiple favorable factors. About 8% of positions will expire this week, and the sharp rise in ETH has led to a significant increase in implied volatility (IV) for major term options, while the IV for BTC major term options remains relatively stable. Market sentiment remains extremely optimistic, and the risk of Bitcoin pullbacks has eased under a broad upward trend.
