BlockBeats News, February 26 — According to Greeks.live data, 116,000 BTC options will expire this Friday. The Put-Call Ratio is 0.76, with the maximum pain point at $75,000 and a notional value of $7.9 billion.
206,000 ETH options will also expire this Friday. The Put-Call Ratio is 0.77, with the maximum pain point at $2,200 and a notional value of $980 million.
Greeks.live analyst Adam stated that the current crypto market remains sluggish. In early February, Bitcoin briefly dropped to the $60,000 level, and throughout February, the market has been weakly oscillating above $60,000.
Tomorrow, options accounting for 20% of total holdings will expire, totaling nearly $9 billion, with Bitcoin holdings reaching a multi-year high. Thanks to recent rebounds, implied volatility for Bitcoin and Ethereum has increased this week. BTC’s main-term IV is at 47%, and ETH’s main-term IV is at 65%. The downward price trend has eased, but market confidence remains insufficient.
In terms of trading volume, large bullish options dominate. After yesterday’s rebound, there has been a surge in medium- and long-term bullish trades. According to key options data, skew has also rebounded across the board, indicating market bottom-fishing activity.
Adam added that the market is still in a bear phase. The crypto space lacks new capital and clear hotspots. Pessimistic sentiments are prevalent on social media, and bottom panic may not have arrived yet.
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
Bitcoin Correction Halts Institutional Demand as ETFs Witness $348.83 Million Withdrawals - U.Today
Bitcoin ETFs experienced a significant withdrawal of $348 million amid declining institutional demand, reflecting a bearish sentiment in the market. Despite these outflows, BlackRock's ETF maintained its dominance.
UToday44m ago
XRP Price Prediction: Ripple Trades Below Key Moving Averages as the 20 Millionth Bitcoin Approaches and Pepeto Targets 267x Returns
Grayscale confirmed the 20 millionth Bitcoin will be mined in March 2026, leaving only 1 million BTC left to ever exist, and when 95% of a finite asset is already circulating, the scarcity narrative reshapes how every trader thinks about value.
The xrp price prediction shows Ripple at $1.37 b
CaptainAltcoin2h ago
The Origin Story of Sunny Lu: From a 100 BTC Scam to Building VeChain
VeChain’s Sunny Lu got into crypto after losing $300 on an unsuccessful 100 BTC purchase on Taobao, which led him to research Bitcoin.
Later, Lu used blockchain to track supply chains and launched VeChain in 2015 to target verification and enterprise applications.
The crypto journey of Sunny
CryptoNewsFlash2h ago
