The cryptocurrency market迎来 an important options settlement day, with BTC and ETH options expiring
According to ChainCatcher, the cryptocurrency market is迎来 an important options settlement day. Data shows that 143,000 BTC options are expiring, with a Put Call Ratio of 0.51, a maximum pain point at 98,000 USD, and a nominal value of 13 billion USD; 572,000 ETH options are expiring, with a Put Call Ratio of 0.48, a maximum pain point at 3,400 USD, and a nominal value of 1.71 billion USD.
This month, after a significant drop in the prices of Bitcoin and Ethereum, they have stabilized and rebounded towards the end of the month. Currently, BTC has firmly held the 90,000 USD mark, while ETH has experienced three consecutive monthly declines, fluctuating around 3,000 USD. Market sentiment has noticeably improved compared to last week. Options data shows that implied volatility has rebounded across the board compared to last month, with BTC's main expiration IV averaging around 45%, and ETH's main expiration IV below 70%, both at relatively high levels for this year. Analysts point out that due to macroeconomic uncertainties and other factors, the market performance in the fourth quarter this year is expected to be poor, with significant market divergence, and it is not recommended for investors to engage in leveraged operations.