Blockchain market dynamics: On October 18, Greeks.live researcher Adam released the latest analysis on social media. Data shows that 11,000 Bitcoin (BTC) options are about to expire, with a Put Call Ratio of 0.78, a maximum pain point of $64,000, and a nominal value of $1.26 billion. At the same time, 138,000 Ethereum (ETH) options will also expire, with a Put Call Ratio of 0.61, a maximum pain point of $2,500, and a nominal value of $360 million.

This week, the Bitcoin market performed strongly and rebounded significantly; while Ethereum's rebound was relatively weak, and its option expiration position was only 30% of Bitcoin. From the perspective of implied volatility (IV), ETH's at-the-money option IV for about one month is only 4% higher than BTC, and it is still continuing to decline. The market is generally optimistic, and investors can pay attention to subsequent trends.