TechFlow news — Adam, a macro researcher at Greeks.live, posted on X that 19,000 BTC options are expiring, with a Put Call Ratio of 1.49, a maximum pain point at $55,000, and a notional value of $2 billion.
110,000 ETH options are expiring, with a Put Call Ratio of 0.88, a maximum pain point at $3,000, and a notional value of $790 million.
Implied volatility (IV) across major tenors shows a clear upward trend, reaching levels seen in January this year and March last year. Options trading volume and open interest have seen only modest increases. Recently, buyers have primarily focused on spot protection, and tangible capital inflows have contributed to a very healthy market structure. Bitcoin's market dominance has now exceeded 50%.




