More than $2.3 billion in options are about to expire, and the biggest pain point of BTC is $65,000

At 16:00 this afternoon, $2.33 billion in BTC and ETH options will expire, of which the Put Cal Ratio of BTC options is 0.64, the biggest pain point is $65,000, and the notional value is $1.4 billion: the Put Call Ratio of ETH options is 0.42, the biggest pain point is $3,125, and the notional value is $930 million. Greeks.live Gezhi analysis pointed out that the crypto market encountered a sharp correction this week, and Bitcoin and Ethereum once fell below $60,000 and $3,000 respectively. The bears have achieved the biggest and most lasting victory this year. However, the implied volatility IV of major maturities has continued to decline, mainly due to the sharp drop in the price of call options. The halving expectation on Saturday can no longer support the market. The recent slowdown in ETF inflows has caused market sentiment to be relatively low. Although there was a rebound today, the operation of the whales still shows a lack of confidence in the future market. The bull market needs the support of more capital inflows after the halving. #比特币减半