According to the Odaily Planet Daily report, Adam, a macro researcher at Greeks.live, released options delivery data on March 29 on the 1.58 million ETH options expired, the Put Call Ratio was 0.63, the biggest pain point was US$2,600, and the nominal value was US$5.6 billion. Today is the quarterly delivery of over US$15 billion. The crypto market has rebounded significantly this week, and the game of US$70,000 is very fierce. Despite facing the largest quarterly deliveries in history, IVs of all major maturities remain high. Bitcoin will be halved next month. The trend of BTC in this round of halving is different from the past. It seems that the market continues to use past trends to fail.