[Option delivery data on March 1st]

19,000 BTC options are about to expire, the Put Call Ratio is 1.49, the biggest pain point is US$55,000, and the nominal value is US$2 billion.

110,000 ETH options are about to expire, the Put Call Ratio is 0.88, the biggest pain point is US$3,000, and the nominal value is US$790 million.

The crypto market was booming this week, with Bitcoin once exceeding $64,000, multiple fiat currencies hitting record highs, and major term IVs all showing a clear upward trend, the same as in January this year and March last year.

U.S. funds have driven the spot bull market, which has seen an astonishing rise this week. However, options trading volume and open interest have not increased much. Recently, buyers have been more focused on spot protection. Real capital inflows have made the market structure very healthy. Bitcoin’s current market share has exceeded 50%, and we can pay more attention to Ethereum after this bull market.