TechFlow news, January 31 — Adam, analyst at Greeks.live, posted on social media stating, "80,000 BTC options expired today with a Put Call Ratio of 0.68, maximum pain point at $98,000, and a notional value of $8.38 billion. 603,000 ETH options expired today with a Put Call Ratio of 0.43, maximum pain point at $3,300, and a notional value of $1.96 billion."
"The market has been relatively quiet this week, primarily digesting the impact of 'Trump trades' over the past three months. Monthly expiry volume accounted for nearly 30% of total open interest, and after expiry, the share of quarterly options expiring in March reached 50% of total holdings."
"Trump's return to office has not brought the anticipated surge of capital into the crypto industry as hoped; instead, meme coin launches and slow policy rollouts have contributed to weakness in the crypto market. However, there are still many positive catalysts to look forward to in the long term."
"The Federal Reserve meeting maintained its hold on rate cuts, and future macro expectations remain stable. Focus this week should remain on U.S. government policy developments and ETF inflow trends."
