According to ChainCatcher, Greeks.live researcher Adam said that 17,500 BTC options will expire today, with a Put Call Ratio of 0.75, a maximum pain point of $63,000, and a notional value of $1.07 billion.

In addition, 119,000 ETH options will expire and be delivered today, with a Put Call Ratio of 0.68, a maximum pain point of US$2,500, and a notional value of US$280 million.

Adam said that this week, A-shares and Chinese stocks attracted the attention of all markets. Cryptocurrencies were relatively weak, and blockchain stocks showed a downward trend, reflecting the weakness of the market. The fourth quarter is generally good. The current sluggish market is a good time to build positions. The low position is suitable for building positions for medium- and long-term bullishness. The IV of each major term is at the average level of the past year. Before the end of the US election, IV still has support. The past two weeks are a good opportunity to lay out the fourth quarter.