Macro researcher ADAM from GREEKS.LIVE tweeted that 25,000 BTC options and 250,000 ETH options are about to expire. The PUT CALL RATIO for BTC options is 0.56, with a maximum pain point at $67,000 and a nominal value of $1.7 billion. The PUT CALL RATIO for ETH options is 0.51, with a maximum pain point at $3,500 and a nominal value of $890 million. Last weekend, the Bitcoin price failed to sustain above $70,000, leading to a significant market correction. The demand for PUT options surged, resulting in a substantial increase in implied volatility. However, the delivery volume of PUT positions decreased, indicating that a large number of PUT options have been closed for profit. The market's FOMO sentiment has largely disappeared.

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<p>News from TechFlow on Greeks.live: Adam, a macro researcher, tweeted that 25,000 BTC options and 250,000 ETH options are about to expire.</p>
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<p>25,000 BTC options are expiring with a Put Call Ratio of 0.56 and a maximum pain point of $67,000, with a nominal value of $1.7 billion.</p>
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<p>250,000 ETH options are expiring with a Put Call Ratio of 0.51 and a maximum pain point of $3,500, with a nominal value of $890 million.</p>
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<p>The market rebound over the weekend failed to sustain, and the price of Bitcoin could not stay above $70,000, leading to a halt in the current upward trend and a deep market correction. At the same time, there has been a surge in demand for Puts, resulting in a significant increase in implied volatility for major maturities. However, the open interest in Puts has decreased, indicating that a large number of Puts have been closed for profit. After a few weeks, the delivery price is once again close to the maximum pain point, and the market's FOMO sentiment has largely disappeared.</p>
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25,000 BTC options and 250,000 ETH options are about to expire, market FOMO sentiment is fading.