According to Odaily, data from Greeks.live indicates that on March 7, 26,000 Bitcoin (BTC) options are set to expire, with a put-call ratio of 0.72 and a maximum pain point of $89,000, amounting to a nominal value of $2.36 billion. Concurrently, 215,000 Ethereum (ETH) options will expire, showing a put-call ratio of 0.73 and a maximum pain point of $2,300, with a nominal value of $490 million.
The market has experienced significant volatility this week, influenced by U.S. President Donald Trump's impact on the cryptocurrency sector. This has resulted in BTC's short-term volatility remaining at 90%, while ETH's short-term volatility has surged past 110%. Market sentiment is highly sensitive, leading options market makers to reduce their selling pressure, causing a substantial increase in implied volatility (IV), which indicates a tendency towards risk aversion. On the other hand, buyers have seen considerable profits in the recent market conditions.
