The nominal value of $1.9 billion BTC options will expire and settle today, with the maximum pain point at $60,000.

According to Odaily data, 32,000 BTC options will expire today, with a Put Call Ratio of 0.71, a maximum pain point of $60,000, and a nominal value of $1.9 billion. 206,000 ETH options will expire today, with a Put Call Ratio of 0.96, a maximum pain point of $2,950, and a nominal value of $560 million. Adam, an analyst at Greeks.live, said that the yen rate hike has hit the crypto market hard. The slightly easing statement of the Bank of Japan this week has warmed up market sentiment. The crypto market has rebounded sharply, mainly led by BTC and SOL. ETH ETF has been relatively weak since its listing. The IVs of the main terms have all fallen, but they are still higher than before the plunge. Under the violent fluctuations, it is difficult for IV to fall sharply in a short period of time.