135,000 BTC options expired with a Put Call Ratio of 0.85, a Maxpain point of $51,000 and a notional value of $9.5 billion.
1.58 million ETH options expired with a Put Call Ratio of 0.63, Maxpain point of $2,600 and notional value of $5.6 billion.
Today is the big quarterly delivery of over 15BN and the crypto market has rallied significantly this week, with $70,000 gaming very hard and IVs high across all major terms despite facing the biggest quarterly delivery in history.
Next month Bitcoin will be halved, this round of halving BTC trend is different from the past, the market continues to use the past trend to apply seems to be invalid, April IV only rely on the halving of the expected support can go how far, let's wait and see.