According to BlockBeats, on June 6, Greeks.Live analyst Adam stated that 31,000 BTC options are set to expire, with a Put Call Ratio of 0.71, and the maximum pain point at $105,000, with a notional value of $3.18 billion. 241,000 ETH options are set to expire, with a Put Call Ratio of 0.63, and the maximum pain point at $2,575, with a notional value of $590 million.
The market has been volatile for most of this week due to the public conflict between Trump and Musk, with a significant drop in Tesla dragging down both the U.S. stock market and the crypto market. The delivery volume is about 10% of the total open interest, rebounding this week after weeks of decline. Market activity has increased, but crypto institutions have low expectations for the recent rapid rise in Bitcoin, with more expectations for a long-term moderate increase.
