Odaily Planet Daily reports that Greeks.live posted on the X platform that 38,000 BTC options have been settled, with a Put-Call Ratio of 0.71. The maximum pain point is $74,000, with a notional value of $2.5 billion. Additionally, 215,000 ETH options have been settled, with a Put-Call Ratio of 0.82. The maximum pain point is $2,100, with a notional value of $410 million.
The crypto market continues to decline, with the maximum pain point dropping rapidly. Today’s options settlement accounts for 9% of the total open interest, with a total value of nearly $2.9 billion. Implied volatility for Bitcoin and Ethereum has decreased this week, with BTC’s main-term IV dropping to 50% and ETH’s to 70%. Although the downward price trend has slowed, market confidence remains weak.
From trading activity, put options dominate. After the market declined again yesterday, some bottom-fishing behavior has begun to appear. Key options indicators show that skew is rebounding, and the proportion of call options in block trades is increasing.
The market remains in a bearish phase, but the most severe decline has ended. Currently, the crypto market lacks incremental capital, and it is too early to discuss a bull market or a significant rebound.
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
Metaplanet CEO: AI Drives Capital Concentration, Bitcoin May Become Digitally Held Capital by Machines
Metaplanet CEO Simon Gerovich stated that the positive calculation of productivity benefits and the concentration of capital owners will lead AI agents to bypass traditional financial systems and choose digital assets like Bitcoin as a store of value. This trend is expected to accelerate.
GateNewsBot13m ago
Bitcoin (BTC) Price Recovers Above $66,000—Is the Crypto Market at a Breaking Point? - BTC Hunts
The post Bitcoin (BTC) Price Recovers Above $66,000—Is the Crypto Market at a Breaking Point? appeared first on Coinpedia Fintech News
Since the October 10, 2025, liquidation event, the crypto market feels noticeably different. Bitcoin’s recent drops are no longer followed by strong relief
BTCHUNTS20m ago
Fifth Richest Person in Mexico: Should Buy BTC to Fight Inflation and Suggests Buying on Dips
Odaily Planet Daily reports that the fifth richest person in Mexico states that users should buy BTC to protect their assets from inflation and recommends buying during price dips. (The Bitcoin Historian)
GateNewsBot49m ago
Backpack Launches Token Equity Program: Users who stake tokens for at least one year can exchange for company equity at a fixed ratio
Backpack CEO Armani Ferrante stated that although the crypto industry has deviated from its original purpose, they have introduced an innovative token model that allows users to earn company equity through staking tokens, demonstrating a long-term commitment to the community. More features will be gradually launched in the future to enhance the actual value of the tokens.
GateNewsBot1h ago
Bitdeer Dumps Entire 1,132 Bitcoin Stash - U.Today
Bitdeer has sold its entire treasury of 1,132 BTC, worth approximately $110 million, due to low mining margins. The firm plans to use the funds for data center expansion and AI cloud growth, reassuring investors it is not in crisis. Despite the sale, Bitcoin's price has dipped below $65,000 amid market uncertainties.
UToday1h ago