ChainCatcher news, the crypto market has been very lively recently! Adam, a macro researcher at Greeks.live, pointed out that 98,000 BTC options expired, the Put Call Ratio was 0.84, the maximum pain point was $80,000, and the notional value was as high as $9.48 billion. At the same time, 412,000 ETH options expired, the Put Call Ratio was 0.75, the maximum pain point was $2,900, and the notional value was $1.47 billion.
Although Bitcoin tried to hit $100,000, it was blocked and fell back, while ETH led the market this week and altcoins also rebounded. With more than 20% of positions expiring this week, market sentiment is optimistic, but the options market appears more cautious, and institutions are worried about repeating the market at the end of 2020. The expiration of options at the end of the year and the Christmas market may put pressure on implied volatility, and investors need to keep an eye on it. 📈🔍