TechFlow news, on January 9, Greeks.live macro analyst Adam posted on social media: "21,000 BTC options expired, Put Call Ratio at 1.07, maximum pain point at $90,000, with a notional value of $1.9 billion.
126,000 ETH options expired, Put Call Ratio at 0.88, maximum pain point at $3,100, with a notional value of $390 million.
The rebound following the year-end expiry has seen a pullback this week. This week is a relatively small options expiry date, with nearly $2.4 billion in options expiring, accounting for only 7% of total open interest. The downward price trends for Bitcoin and Ethereum have eased recently. The sharp declines in the fourth quarter of last year brought extremely negative market sentiment. Currently, BTC's $90,000 level and ETH's $3,000 level are providing strong support, and market sentiment has also improved."
