Odaily Planet Daily reports that Greeks.live macro researcher Adam released a Chinese community briefing stating, "2 million BTC options are expiring, with a Put Call Ratio of 1.39, and the maximum pain point at $92,000, with a notional value of $2.3 billion. 1.2 million ETH options are expiring, with a Put Call Ratio of 1.04, and the maximum pain point at $3,200, with a notional value of $430 million.
This week, BTC continued its upward trend this year, approaching $98,000 at one point, just one step away from the $100,000 round number. However, the pressure of the US dollar remains very evident, with a large amount of call options being sold and accumulated at this level. Nearly $2.7 billion in options are expiring, an increase of over 20% compared to last week.
Last week, data indicated that the $90,000 round number and the $3,000 round number for ETH both have strong support, and market sentiment has improved. This week, the bullish trend indeed continued.
However, from the main options data, BTC implied volatility (IV) slightly decreased, skewness (skew) slightly increased, indicating that the prices of put options have relatively decreased. Meanwhile, the PC Ratio is all above 1.0, suggesting that selling puts is currently the main trading force. At the same time, a huge amount of Sell Calls has accumulated at the $100,000 level. Institutional investors mainly expect a fluctuation between $90,000 and $100,000 this month, with very strong resistance and support."
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple Altcoin Maintains Breakout Against Bitcoin, XRP Could See a Price Surge of Over 550%
Ripple altcoin maintains breakout against Bitcoin.
XRP could see a price surge of over 550%.
This could propel the price of XRP to a new ATH target at $10.
The crypto market continues to show strong signals for an explosive altcoin price run phase. This long-held hope that the
CryptoNewsLand1h ago
Dogecoin Open Interest Surges to Two-Month High as Price Eyes $0.14
Gate News message, April 24 — Dogecoin surged as broader crypto market strength lifted sentiment, with open interest climbing to a two-month high. According to Coinglass, Dogecoin open interest exceeded $1.4
GateNews3h ago
Crypto Trader Says Bear Market Trend Rejected Bitcoin Twice, BTC Prepares for Bullish Narrative Shift
Crypto trader says bear market trend rejected Bitcoin twice.
Bear and bull analysts continue to debate the many possible outcomes.
BTC prepares for bullish narrative shift.
The price of Bitcoin BTC continues to trade above the now critical support level of $76,000, giving rise to
CryptoNewsLand3h ago
Hyperliquid Whales Hold $3.66B in Positions, Long-Short Ratio at 1.03
Gate News message, April 24 — Hyperliquid whales currently hold $3.66 billion in aggregate positions, according to Coinglass data. Long positions account for $1.854 billion (50.64% of total), while short positions total $1.807 billion (49.36%).
Long positions are up $2.9172 million in unrealized P&
GateNews5h ago
SHIB Holder Base Surges by 10,000 Wallets to 1.573M as Shibarium Hits 1B Transactions
Gate News message, April 24 — Shiba Inu's holder base expanded sharply between April 19 and April 22, 2026, with more than 10,000 new Ethereum wallets joining the network and pushing the total above 1.573 million. Etherscan data recorded the move as one of the fastest short-term expansions this
GateNews5h ago
