🚀 Big market event today! 32,000 BTC options and 206,000 ETH options are about to expire, with a nominal value of $1.9 billion and $560 million, respectively. Put Call Ratio shows BTC is 0.71 and ETH is 0.96, with the maximum pain points of $60,000 and $2,950, respectively. 💼

Analyst Adam said that the yen rate hike had hit the crypto market, but the Bank of Japan's easing attitude has warmed up market sentiment, with BTC and SOL leading the rebound. ETH ETF has performed weakly since its listing. Although the main term IV has fallen, it is still higher than before the plunge.

What do you think of the impact of this option expiration on the market? Welcome to discuss in the comment section!