Data: Bitcoin and Ethereum options with a notional value of $2.27 billion expire today.

PANews reported on April 10th that, according to an analysis by Adam, an analyst at Greeks.live, 27,000 BTC options expired on April 10th, with a put/call ratio of 0.71, a maximum price threshold of $69,000, and a notional value of $1.94 billion. 151,000 ETH options expired, with a put/call ratio of 0.77, a maximum price threshold of $2,050, and a notional value of $330 million.

This week's market was spurred by the US-Iran ceasefire, with Bitcoin breaking through $72,000 and its recent consolidation range. Bitcoin options maintain a market share exceeding 80%, with the largest open interest currently at the end of April and end of June, indicating that trading is primarily focused on the end-of-April term. Looking at major options data, Bitcoin's implied volatility (IV) for major terms has dropped significantly, with most terms falling to around 40%, while ETH's main term IV has also fallen to around 60%. Skew continues to rise, but not by much. Bitcoin has performed poorly in both price and market sentiment this year, and this week's rebound is one of the few sustained rallies. However, indicators such as fund flows suggest that cryptocurrencies are still being driven by other markets, and their own indicators point to bearish characteristics.

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Author: PA一线

This content is for market information only and is not investment advice.

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