Data: BTC options delivery 143,000 contracts maximum pain point $98,000, ETH options delivery 572,000 contracts maximum pain point $3,400

The cryptocurrency market is迎来 an important options expiration day. Data shows that 143,000 BTC options are expiring, with a Put Call Ratio of 0.51, a maximum pain point of $98,000, and a nominal value of $13 billion; 572,000 ETH options are expiring, with a Put Call Ratio of 0.48, a maximum pain point of $3,400, and a nominal value of $1.71 billion.

After a significant drop in Bitcoin and Ethereum prices this month, they have stabilized and rebounded towards the end of the month. Currently, BTC has firmly held the $90,000 mark, while ETH has experienced three consecutive monthly declines, fluctuating around $3,000. Market sentiment has improved significantly compared to last week. Options data shows that implied volatility has rebounded across the board compared to last month, with BTC's main term IV averaging around 45%, and ETH's main term IV below 70%, both at relatively high levels for this year. Analysts point out that due to factors such as macroeconomic uncertainty, the market performance in the fourth quarter of this year is expected to be poor, with significant market divergence, and they do not recommend investors engage in leveraged operations.