Bitcoin and Ethereum options data analysis: Market sentiment remains subdued

Crypto news from the Crypto Realm Network: GreeksLive reports that the options expiring on June 5 show 25,600 Bitcoin options expiring, with a put-call ratio of 0.56 and a key support level at $70,500. Options on 155,000 Ethereum are expiring with a notional value of $270 million, a put-call ratio of 0.92, and a key support level at $2,000. This week, Bitcoin saw a sharp drop, briefly nearing $60,000, which has pulled it away from the “maximum pain point” support level. Poor market conditions have dampened market interest; only 6% of options are set to expire, with attention mainly focused on U.S. stocks. As prices fell, GEX is distributed between $60,000 and $63,000, and implied volatility (IV) rebounded to about 40%. The market is not making large bets on a one-sided collapse, but demand for active hedging has surged. The next market focus is whether funds will flow in and whether Bitcoin will stabilize.
BTC-1.61%
ETH-6.11%
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CandleWickPoet
· 2h ago
The 6% expiration rate is indeed quiet; funds have all moved to the US stock market, and liquidity in the crypto circle is worrying.
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MildRugAllergy
· 2h ago
The put-call ratio of 0.56 isn't considered extreme, but the rising demand for active hedging indicates that institutions are also guarding against black swan events.
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GateUser-744c843b
· 2h ago
Can the support level at 70500 hold? The IV has already bounced to 40%, it feels like the bulls are holding on stubbornly.
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