According to PANews, Greeks.live macro researcher Adam posted on the X platform that 18,000 BTC options expired, the Put Call Ratio was 0.91, the maximum pain point was $62,000, and the nominal value was $1.1 billion. 212,000 ETH options expired, the Put Call Ratio was 0.4, the maximum pain point was $2,450, and the nominal value was $510 million.

The analysis says: Cryptocurrency continues to be weak, and the current key point of $60,000 is fiercely contested. ETH is also near the long-term support line of $2,300, and the market may change overnight. The market conditions in the first two weeks of the fourth quarter of this year were not good, and the options market was also relatively sluggish. Currently, the options holdings have fallen to a new low in 23 years. However, the sluggish market also breeds new trading opportunities. Now, the BTC IV at the value of November 8 is only 50%, which is very suitable for low-level opening of some medium- and long-term bullish positions. This week, the bulk bullish transactions have gradually become active, and there is a high probability of a market before and after the US election.