According to BlockBeats, on September 13, Greeks.live researcher Adam posted on social media that 23,000 BTC options will expire and be delivered today, with a Put Call Ratio of 0.87, a maximum pain point of $58,000, and a nominal value of $1.34 billion.
In addition, 127,000 ETH options will expire and be delivered today, with a Put Call Ratio of 0.73, a maximum pain point of $2,400, and a notional value of $298 million.
Adam said that this week, cryptocurrencies rebounded overall, while market volatility expectations were declining, and the biggest pain point once again caught up with the price. As expectations of a 25 basis point rate cut by the Federal Reserve next week gradually converged, the IVs of major maturities all declined. September was as weak as expected, especially ETH, which had fallen below the long-term support level of 0.04 against BTC. It seems that BTC is still the engine of the next bull market.
