PANews reported on May 16 that according to data from Greeks.live analyst Adam, a total of 27,000 BTC options expired on May 16, with a Put Call Ratio of 1.03, a maximum pain point of $100,000, and a nominal value of $2.76 billion; 220,000 ETH options expired, with a Put Call Ratio of 1.36, a maximum pain point of $2,300, and a nominal value of $570 million. The current market sentiment is good, but there are fewer people holding and making profits in mainstream currencies. Bitcoin's medium- and short-term RV has fallen below 35%, IV has almost all fallen below 45%, and VRP has fallen back. The proportion of put options has continued to be high this month, and it is expected that there may be a change in June. In the short term, there are fewer people who are bullish on BTC, but the overall market remains optimistic.