According to PANews, on May 16, a total of 27,000 BTC options will expire, with a Put Call Ratio of 1.03, and the maximum pain point at $100,000, with a nominal value of $2.76 billion. 220,000 ETH options will expire, with a Put Call Ratio of 1.36, and the maximum pain point at $2,300, with a nominal value of $570 million.
The current market sentiment is relatively good, but there are fewer holdings and profitable individuals in mainstream coins. The short to medium-term RV of Bitcoin has dropped below 35%, and the IV has almost completely fallen below 45%. The VRP has seen some decline. This month, the proportion of put options remains high, with a potential shift expected in June. In the short term, there are fewer bullish sentiment towards BTC, but the overall outlook remains optimistic.
