According to Greeks.live data, 20,000 BTC options will expire today, with a Put Call Ratio of 0.49, a maximum pain point price of $68,500, and a notional value of $1.35 billion.

At the same time, 200,000 ETH options will also expire, with a Put Call Ratio of 0.36, a maximum pain point price of $3,600, and a notional value of $710 million.

Adam, a researcher at Greeks.live, pointed out that this week is an important macroeconomic week, with economic data showing favorable conditions for the risk asset market and a significant rise in the US stock market. However, the cryptocurrency market performed poorly, with major cryptocurrencies generally falling, especially altcoins, which fell more sharply. The market lacks hot spots recently and appears to be relatively calm. At present, the main medium- and short-term implied volatility (IV) of BTC has fallen below 50%, and the main medium- and short-term implied volatility (IV) of ETH has also fallen below 60%, both at a low level, so it is now more cost-effective for buyers. You can consider buying long $BTC $ETH