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The market has been relatively quiet lately, and today the Block market showed some directional views of the whales - buying OTM puts, with major points centered at $59,000 and $55,000: 1) Buying May puts 2) Buying DEC puts while selling calls to form RR to reduce costs The whale in recent days is also gradually build positions in such options, the short power is...

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There are fewer important macro events and crypto-related events this week. Last week was a big news week and crypto did fluctuate significantly, crypto is now affected by all types of news the nature of the impact is still evident. There are multiple macro related news this week, but the impact is limited, and unsurprisingly the Fed has maintained current rates...

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Just in the past 6 hours, the options market has looked very BULLISH, with a series of super Block trades in CALL options that have not been seen in a long time! There are two noteworthy ones: 1) Two 65,000calls with expiration dates of September and December appeared, both of which paid 93 BTC, or about $3.35m. But the open positions instead went down, indicating...

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23,000 BTC options are about to expire with a Put Call Ratio of 0.49, a Maxpain point of $61,000 and a notional value of $1.4 billion. 330,000 ETH options are due to expire with a Put Call Ratio of 0.36, Maxpain point of $3,000 and notional value of $1 billion. The crypto market continued to fall this week, with BTC hitting the $60,000 mark, a new low since...

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This week, there are more macro events and cryptocurrency circle related events, the most concerned thing is Cz's judgment, which is a very huge reference for the follow-up of the U.S. regulation of the cryptocurrency circle. Another cryptocurrency related event is the Hong Kong spot ETF, Hong Kong as a major financial market can bring a certain amount of...

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Implied volatility of BTC and ETH declined rapidly after the BTC halving, with the BTC Dvol falling from 75% to 65%, a new low since March. On the one hand, the stagnant market has caused the market realize volatility a significant drop, suppressing implied volatility from the pricing side. On the other hand, the margin released from the quarterly big delivery had...

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A Sneak Peek at This Week's Big Events (4/22-4/28) Bitcoin successfully completed the halving last Saturday, the market is relatively stable, and some hot projects pushed up the BTC Fee, making miners' income increase instead of decreasing for the time being. There are fewer macro events and data this week, with almost no macro events of note. The market still...

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21,564 BTC options are about to expire with a Put Call Ratio of 0.64, a Maxpain point of $65,000 and a notional value of $1.4 billion. 298,415 ETH options are about to expire with a Put Call Ratio of 0.42, Maxpain point of $3,125 and a notional value of $930 million. Crypto markets encountered significant pullback this week, with Bitcoin and Eth falling below...

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Despite the extreme panic spreading in the market yesterday as Bitcoin fell below the $60,000 mark and Eth below the $3,000 mark, major term options IVs are falling significantly. This is mainly caused by the sharp drop in call option prices, with the monthly skew now at a new low since the current bull market. Puts are priced much higher than calls, while...

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The most important event of the week is undoubtedly the Bitcoin halving expected to be completed on Saturday, with mining output going from 6.25 BTC to 3.125 BTC after the halving. The halving, as the central marker of a big cycle for BTC, is monumental in its own right, and is likely to be very noteworthy in terms of the volatility it will cause in the...

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21,000 BTC options are due to expire with a Put Call Ratio of 0.62, a Maxpain point of $69,000 and a notional value of $1.5 billion. 230,000 ETH options are due to expire with a Put Call Ratio of 0.49, a Maxpain point of $3,425 and a notional value of $800 million. Volatility levels in the crypto market have risen significantly this week, with $70,000 and $3,500...

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Bitcoin broke through the $70,000 zone without warning, one step away from a new all-time high. The rapid rise has driven all major term IVs up significantly, with BTC Dvol now over 78%, and market sentiment has quickly reversed to a long atmosphere. More than 600 BTC of $100,000 strike call options have just been traded in Block trade, with a notional value of up...

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There are more macro events and data this week, mainly a number of U.S. economic data and interest rate resolutions from major central banks around the world. This month, the major central banks are likely to follow the Fed to keep interest rates unchanged, while strong U.S. economic data doused expectations of interest rate cuts, high interest rate market will...

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18,000 BTC options to expire with a Put Call Ratio of 0.64, Maxpain point of $68,000 and notional value of $1.2 billion. 270,000 ETH options are due to expire with a Put Call Ratio of 0.38, Maxpain point of $3,400 and notional value of $890 million. Today is the first weekly delivery day after the big quarterly delivery, and the crypto market was weaker this...

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Tomorrow there is the important macro data of the US unemployment rate in March, strong US economic data makes the Fed's May rate cut possibility drop significantly, the probability of a rate cut in May has now dropped from 90% last month to 50% currently. Looking at Options Data, despite the nearly 10% pullback this week, volatility expectations in the market are...

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This week's main focus is on Friday's unemployment data, and there are multiple Fomc vote committee speeches this week that are equally noteworthy. Powell's recent speech has reiterated the expectation of a rate cut, but the high interest rate market will continue. The market is currently battling fiercely at $70,000, and the market lacks hot spots and traders are...

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135,000 BTC options expired with a Put Call Ratio of 0.85, a Maxpain point of $51,000 and a notional value of $9.5 billion. 1.58 million ETH options expired with a Put Call Ratio of 0.63, Maxpain point of $2,600 and notional value of $5.6 billion. Today is the big quarterly delivery of over LSE:15BN and the crypto market has rallied significantly this week,...

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With the big quarterly delivery and LSE:15BN of options pending, market participants are ramping up to move their positions, with BTC calls continuing to be the absolute workhorse of the move. Today's Block trades were dominated by 6-8Bps sfm, with dozens of Bps sfm not uncommon, a rare good time for finely pricing. As the market has continued to be highly...