🔥January 10 Options Expiration🔥

On January 10, a total nominal value of $2.27 billion options will expire! Market panic is evident, will it rise or fall?

19,000 BTC options will expire, Put Call Ratio is 0.65, maximum pain point is $97,000, nominal value is $1.81 billion.

141,000 ETH options will expire, Put Call Ratio is 0.48, maximum pain point is $3,450, nominal value is $460 million.

Affected by the weakness in US stocks and unfavorable macro factors, the market experienced a significant pullback this week, with Bitcoin briefly dropping below $91,000, hitting a new low in nearly a month, and altcoins facing even steeper declines. Short-term options IV has increased, and market panic sentiment has significantly grown.

There is one week left until Trump officially takes office as the new President of the United States, but the direct benefits are limited, with more being long-term advantages.

The recent continuous pullback in US stocks has also brought considerable uncertainty to the market, and this month's interest rate meeting is highly likely to maintain the current interest rate without cuts.

This week, we will focus on Bitcoin's price trend and the inflow situation of ETFs. If the situation is unfavorable, it may be wise to purchase some short-term put options for hedging; if the situation improves, monthly bullish options may offer better value.