📊 Analysis of BTC and ETH option expiration
📈 Future trend prediction:
1. Short-term stability:
• Market volatility may temporarily decrease after option expiration
• BTC may consolidate around $59,500
• ETH may find support around $2,650
2. Medium-term upside potential:
• Put Call Ratio is below 1, indicating a slight advantage in bullish sentiment
• BTC and ETH may slowly rise after stabilizing near the current price
3. Long-term trend is stable:
• The term structure is stable, indicating that the market is relatively optimistic about the long-term outlook
• The holdings in August, September, and December are close, indicating that market expectations are stable
🔑 Key data:
• BTC options: 24,000, Put Call Ratio 0.83, maximum pain point $59,500
• ETH options: 184,000, Put Call Ratio 0.80, maximum pain point $2,650
• Options expiring this week account for about 10% of the total holdings
💡 Key points of analysis:
• Put Call Ratio is less than 1, indicating that the market is generally optimistic
• Option expiration may bring short-term fluctuations, but the impact is limited
• The term distribution is even, indicating that the market's expectations for the future are relatively stable
• The recent options market's expectations for future fluctuations have gradually decreased
⚠️ Risk warning:
• Option expiration may trigger short-term price fluctuations
• External factors (such as regulatory policies and macroeconomics) may affect market trends
• Investors should pay close attention to market trends and reasonably control risks
