Not sure how to use your Gate Post Growth Points? We've got you covered!
Growth Points Lucky Draw Round 1️⃣ 1️⃣ is coming soon!
Post, comment, like, and join chats daily to earn more Growth Points and win amazing prizes!
➡️ https://www.gate.io/post
🔥 This round features upgraded prizes — with surprise rewards waiting for you!
For more Growth Points tasks, tap the Growth Points icon next to your Gate Post avatar.
Thank you for your support and engagement — we’re here to reward your every effort!
#CommunityGrowthPoints#
Greeks.live: BTC and ETH implied Volatility surge, Options market makers drop selling pressure, showing a risk-averse trend
According to data from Greeks.live, a total of 26,000 BTC Options expired on March 7th, with a Put Call Ratio of 0.72, a maximum pain point of $89,000, and a nominal value of $23.6 billion. Meanwhile, 215,000 ETH Options expired, with a put/call ratio of 0.73, a maximum pain point of $2,300, and a notional value of $4.9 billion. The market has been extremely volatile this week, with Trump's impact on the crypto market continuing to ferment, leading to a 90% short-term volatility of BTC and a breakthrough of 110% for ETH. The market sentiment is highly sensitive, with options market makers reducing their selling pressure, and implied volatility (IV) rising sharply, indicating a risk-averse tendency. On the other hand, buyers have made substantial profits in the recent market trends.