Odaily Planet Daily reports that Greeks.live posted on the X platform:
91,000 BTC options are expiring, with a Put Call Ratio of 0.48, the maximum pain point at $90,000, and a notional value of $7.6 billion.
435,000 ETH options are expiring, with a Put Call Ratio of 0.68, the maximum pain point at $3,000, and a notional value of $1.19 billion.
Today is the first monthly expiration after the annual settlement, with nearly $9 billion worth of options expiring, accounting for 25% of the total open interest. Call options dominate the market. Bitcoin and Ethereum prices have entered a sharp decline since yesterday, and the recent rare relief has been overshadowed again by panic, which is now a residual effect of the significant drop in Q4 last year. Currently, the $80,000 level for BTC and the $2,500 level for ETH provide strong support.
From the main options data, the implied volatility for BTC and ETH has risen significantly, with BTC’s main-term IV averaging around 45%, and ETH’s main-term IV at 60%, both reaching their highest levels this year.
The volume and trading share of large options transactions remain high, mainly driven by repositioning needs. Market makers and active traders are holding more cash, showing strong willingness to trade, with the greatest demand for protective puts.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The whale "pension-usdt.eth" has increased its Bitcoin long position to 1,000 coins, with a holding value of nearly $67 million.
Gate News Report, March 8 — According to HyperInsight monitoring, the swing whale "pension-usdt.eth" continued to increase its Bitcoin long positions this morning. As of press time, its Bitcoin long positions have increased to over 1,000 coins, with a holding value of nearly $67 million, currently with an unrealized loss of $460,000.
GateNews37m ago
Crude oil prices break through $90! A weekly surge of 35%. Middle Eastern energy supply chain disruption, UAE and Kuwait announce production cuts
Oil tanker flows through the Strait of Hormuz are nearly at a standstill, causing U.S. WTI crude oil prices to surge 35% within a week. Taiwan's CPC is about to raise gasoline prices by 1.5 yuan. Multiple oil-producing countries have initiated production cuts to respond to supply shocks. If the blockade continues, oil prices could reach $150, impacting the global economy and inflation pressures.
動區BlockTempo1h ago
