Data: $1.2 billion in nominal value of BTC and $890 million in ETH options contracts expire today

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that 18,000 BTC options are expiring today, with a Put Call Ratio of 0.64, and the maximum pain point at $68,000, with a nominal value of $1.2 billion. 270,000 ETH options are expiring, with a Put Call Ratio of 0.38, and the maximum pain point at $3,400, with a nominal value of $890 million. Today marks the first weekly settlement after the quarterly large settlement, and the crypto market is relatively weak this week. The battle around $70,000 ultimately ended with bears winning, with selling calls being the main transaction this week, and significant declines in implied volatility across major maturities. Bitcoin is about to undergo a halving, which provides some emotional support, while other cryptocurrencies have fallen into a short-term bear market. Recently, ETF inflows have slowed down, and the market is digesting the premiums brought by ETFs.