【June 6 Options Expiration Data】
31,000 BTC options expired, Put Call Ratio is 0.71, maximum pain point is $105,000, notional value is $3.18 billion.
241,000 ETH options expired, Put Call Ratio is 0.63, maximum pain point is $2,575, notional value is $590 million.
Most of this week saw a mainly sideways market, but last night, due to the public conflict between Trump and Musk, Tesla's significant drop led to a noticeable pullback in the US stock and crypto markets.
Looking at the main delivery data, the delivery volume is approximately 10% of the total open interest, a rebound after several weeks of decline. Additionally, there are several large orders this week worth noting, indicating increased market activity.
Overall, crypto institutions have low expectations for the recent rapid rise of Bitcoin, with more expectations leaning towards a long-term moderate increase.