18,000 BTC options are about to expire with a Put Call Ratio of 0.65, a Maxpain point of $61,500 and a notional value of $1 billion. 164,000 ETH options are due to expire with a Put Call Ratio of 0.36, a Maxpain point of $3,350 and a notional value of $470 million. The crypto market started July with heavy losses, with all major crypto falling to new lows in...
Crypto markets suffered heavy losses due to multiple sell-offs, with BTC falling to $57,000 and ETH to $3,100. Options market data shows that BTC's major short term IVs are up 10%, Dvol is up 3%, ETH related parameters are up slightly less than BTC, and Skew are all clearly skewed in a bearish direction. BTC Block put volume is clearly on the rise, the...
Bitcoin Investing Essentials This week is a big macro week, centred on Friday's U.S. unemployment and non-farm payrolls data, and the macro market, which has been dormant for days, is making a comeback, with important macro events on every working day. On the crypto, there is a high probability that the SEC will give a response to the ETH ETF this week. Quarterly...
107K BTC options are expiring with a Put Call Ratio of 0.5, a Maxpain point of $57,000 and a notional value of $6.6 billion. 1.04M ETH options are expiring with a Put Call Ratio of 0.59, Maxpain point of $3,100 and notional value of $3.6 billion. Today is quarterly delivery, with over $10 billion in notional value of options expiring. June has been a tough month...
The macro events are concentrated on Thursday and Friday, just in time for quarterly delivery, and as the crypto market saw a big decline today, option IVs for the month saw a significant rise, but are still at a low level. The crypto market is weaker at the moment, the ETH ETF should have news in the near future, but it is difficult to support the current market...
Block calls rose significantly today. 67,000 ETH Block call traded options, accounting for nearly 30% of the day's total turnover, BTC Block call options traded 3,400, accounting for 20% of the day's total turnover. From the distribution of transactions, ETH largest traded contract for the September 4,000Call, BTC largest traded contract for the December...
The crypto market is extremely weak, with all coins showing broken trends and most of the altcoin already hitting new lows for months. Looking at options data, despite a significant rise in HV, BTC short-term options IV is below 45% and ETH short-term options IV is below 55%, both at recent lows, and there is no significant growth in Block trading, with Block puts...
20,000 BTC options expired with a Put Call Ratio of 0.49, a maximum pain point of $68,500 and a notional value of $1.35 billion. 200,000 ETH options expired with a Put Call Ratio of 0.36, a max pain of $3,600 and a notional value of $710 million. This week is a big macro week, the economic data is more favourable to the market, the U.S. stock market rose...
Bitcoin Investment Essentials, A Sneak Peek at This Week's Big Events (6/10-6/16) This week is a big macro week, the primary macro events of concern are Wednesday's U.S. CPI and Thursday's Fed interest rate decision, the current short-term option IV is not significantly higher, and it is worthwhile to pay attention to whether the long-simmering macro market can...
18,000 BTC options expired with a Put Call Ratio of 0.67, a Maxpain point of $70,000 and a notional value of $1.25 billion. 260,000 ETH options expired with a Put Call Ratio of 0.64, Maxpain point of $3,650 and notional value of $1 billion. With the BOC and the ECB initiating interest rate cuts this week, and the market performing better, which is now a two-wheel...
With the BOC and the ECB announcing interest rate cuts, the crypto market, as represented by BTC, has clearly turned stronger, with prices gradually climbing. Tomorrow's key macro data —— US Non-Farm Payrolls and Unemployment Rate have also become more interesting, with Fed rate cut expectations now at the center of macro trading. Short-term IV is now clearly...
There are fewer macro events this week and they don't affect the macro market, the cryptocurrency world is dominated by the approval of ETH ETFs, but it's unlikely that they will go straight through to listing, and less volatility is expected. Volatility in the crypto market has been dropping fast recently, IV is dropping fast, and ETF funding and Block data is...
21,000 BTC options are about to expire with a Put Call Ratio of 0.88, Maxpain point of $67,000 and notional value of $1.4 billion. 350,000 ETH options are about to expire with a Put Call Ratio of 0.58, Maxpain point of $3,200 and notional value of $1.3 billion. ETH took over the BTC rally, inspired by the ETF progress, there was a one-day 20% rise, short-term...
BTC pulled back as expected, compared to the very strong support for ETH's price, with ETH's current weekly weighted IV still exceeding 100%, while BTC's current weekly IV is only 50%. The primary reason for this rare phenomenon is of course the uncertainty of the approval of the ETH ETFs. In the last two days there have been so many of these mega short-term...
18,000 BTC options are about to expire with a Put Call Ratio of 0.63, a Maxpain point of $63,000 and a notional value of $1.2 billion. 320,000 ETH options are due to expire with a Put Call Ratio of 0.28, a Maxpain point of $3,000 and a notional value of $930 million. The BTC ETF also reaped significant inflows this week, inspired by the Meme wave in the US, with...
The just released CPI data was quite well received. Despite the results being in line with expectations, the crypto market saw significant volatility, with Bitcoin up 4% to $64,000 with the Maxpain point now at $62,000, and moving some short-term sellers into the hedging zone. The options market reacted significantly, with all major term IVs pulling up quickly to...
This week's macro events of general importance, mainly the CPI news is striking, Bowman just mentioned last week that there is no expectation of a rate cut this year, this week's speech is therefore worth paying more attention to. At present, rate cuts seem to be becoming distant, some economies have even begun to study the continuation of interest rate hikes,...
18,000 BTC options are about to expire with a Put Call Ratio of 0.64, a Maxpain point of $62,000 and a notional value of $1.2 billion. 280,000 ETH options are about to expire with a Put Call Ratio of 0.74, Maxpain point of $3,050 and a notional value of $800 million. Crypto markets were weaker this week as volume continued to fall. The outflow dynamics from the...