#BitcoinPolicyShift According to Wu, as reported by Greeks.live, 26,000 BTC options worth 2.36 billion USD are set to expire today, with a maximum pain point of 89,000 USD and a Put/Call Ratio of 0.72. Additionally, 215,000 ETH options, valued at 490 million USD, will also expire, with a maximum pain point of 2,300 USD and a Put/Call Ratio of 0.73.
This week, the market has faced significant volatility, driven in part by Trump's recent comments, causing implied volatility (IV) to spike. BTC's short-term volatility remains at 90%, while ETH's short-term volatility has surpassed 110%. Recently, options market makers have reduced their selling pressure, contributing to a continued rise in IV, while buyers have enjoyed substantial profits over the past two weeks.
