Bitcoin and Ethereum options with a notional value of $2.14 billion are set to expire and settle

Mars Finance News, according to market reports, options expiration data shows: 23k BTC options are expiring, with a Put Call Ratio of 1.13, the maximum pain point at $76,000, with a notional value of $1.74 billion; 175k ETH options are expiring, with a Put Call Ratio of 0.94, the maximum pain point at $2,325, with a notional value of $400 million. This week, market volatility was relatively low, and market sentiment gradually stabilized, with short-term RV dropping significantly, combined with monthly expirations releasing nearly a quarter of position margin. The implied volatility of major options expirations this week showed a clear decline. Bitcoin’s main-term IV dropped below 40% across the board, ETH’s main-term IV declined even more, with short-term IV falling below 50% and medium- to long-term IV dropping below 60%. From the main options data, skew remains relatively stable, and the market’s directional sentiment remains mildly bearish. Only 6% of options are expiring this week, about 25% of positions at the end of May, and around 30% at the end of June. Large trades are relatively inactive, all signaling consolidation.