TechFlow news, on March 7, according to Greeks.live data, 26,000 BTC options expired, with a put-to-call ratio of 0.72, maximum pain point at $89,000, and notional value of $2.36 billion. Meanwhile, 215,000 ETH options expired, with a put-to-call ratio of 0.73, maximum pain point at $2,300, and notional value of $490 million.
The market has experienced severe volatility this week. President Trump's significant influence on cryptocurrencies has driven implied volatility (IV) sharply higher, with BTC short-term volatility consistently maintaining around 90%, while ETH short-term volatility has even surpassed 110%. Panic sentiment regarding the short-term trajectory of cryptocurrencies is spreading across the market, making investor sentiment highly sensitive. Recently, options market makers have continuously eased their selling pressure, allowing IV to rise, reflecting a risk-averse stance, while option buyers have achieved substantial profits over the past two weeks.
