Greeks.Live: This week's market theme is still adjustment, there is no more sustained hot spots
Greeks.Live analyst Adam said 20,000 BTC options expired with a Put Call Ratio of 0.69 and a maximum pain point of $97,000 with a nominal value of $1.93 billion. 206,000 ETH options expired with a Put Call Ratio of 0.81 and a maximum pain point of $3,400 with a nominal value of $710 million.
Today is the first weekly option delivery in 2025. A total of 2.60 billion US dollars of options expired. European and American users gradually came back from the holiday, and the overall market heat picked up. But the theme of this week is still adjustment. The market differentiation is obvious, and there is no more sustained hot spot yet.
Later this month, Trump will officially take office as the new president of the United States, and the entire market is very optimistic about the expectations for 2025. However, the obvious correction in US stocks in recent days has also brought greater uncertainty to the market. This month's interest rate meeting is most likely to maintain no interest rate cut, and the market has no more short-term benefits.
However, whether it is the deeper integration of mainstream finance into crypto, or the reserve of bitcoin by the US government and major companies, it will have a huge positive impact on the entire crypto market. Cryptocurrences will have many long-term benefits this year.