Bitcoin and Ethereum options with a notional value of $3.39 billion will expire today

Greeks.live macro analyst Adam posted on the X platform: 29,000 BTC options will expire today, with a Put Call Ratio of 1.1, a maximum pain point of $86,000, and a nominal value of $2.84 billion. 164,000 ETH options will expire today, with a Put Call Ratio of 0.65, a maximum pain point of $3,050, and a notional value of $550 million. At the same time, it was stated that Bitcoin continued to rise sharply and began to hit $10,0000. ETH also began to lead the rebound of altcoins. ibit options began trading. U.S. funds obviously flowed into ETFs. The spot bull market was strongly driven by multiple favorable factors. About 8% of positions expired this week. The surge in ETH caused a significant increase in ETH's main term option IV, while the BTC main term option parity IV was relatively stable. The market atmosphere is still extremely optimistic. Due to the general rise in the market, the risk of a correction in the market has eased.