PANews reported on March 7 that according to Greeks.live data, a total of 26,000 BTC options and 215,000 ETH options expired on March 7, with Put Call Ratios of 0.72 and 0.73 respectively. The maximum pain points were US$89,000 and US$2,300 respectively, with nominal values of US$2.36 billion and US$490 million respectively.

The market fluctuated violently this week, with BTC's short-term implied volatility (IV) remaining at 90% and ETH exceeding 110%. The market's panic over the short-term trend of cryptocurrencies spread, with Trump's speech becoming the only hot topic, while other tracks performed flatly. Option market makers have recently reduced their selling efforts, allowing IV to rise to avoid risks, while buyers have made considerable profits in the past two weeks.