Researcher from Greeks.live: The impact of Bitcoin spot ETF

Indra55

According to data from Greeks.live, 22,000 BTC options are set to expire today, with a Put Call Ratio of 1.1, a maximum pain point of $44,000, and a nominal value of $8.9 billion. Additionally, 211,000 ETH options are set to expire today, with a Put Call Ratio of 0.55, a maximum pain point of $2,500, and a nominal value of $5.2 billion.

Adam, a researcher at Greeks.live, stated that the impact of the current Bitcoin spot ETF has essentially dissipated, with a significant decrease in volatility. The main term IV has sharply declined, and the maximum pain point is approaching the settlement price for the first time this year. The Put Call Ratio (PCR) reached 1.1 for the first time in a bull market this week, indicating that bearish sentiment has the upper hand this week. The approval of the Bitcoin spot ETF is expected to bring a substantial influx of funds to the crypto market in the long term. The interplay between Grayscale's selling pressure and support from other ETFs is in a delicate balance, and the next major focus may be speculation around the halving. Clearly, this year is characterized by a bullish market trend.

Iti9

This hotspot needs to be looked into.

Jiten171

It seems the next hotspot has not gained momentum yet.

Jafar224

The impact of such a nature is essentially non-existent now.