Greeks.live: Market Fear Spreads, Bitcoin Implied Volatility IV Surges

BlockBeats News, February 28th, Greeks.live analyst Adam shared option data and market insights: Today, 59,000 BTC options expired, Put Call Ratio was 0.7, the max pain point was $96,000, with a notional value of $4.66 billion; today, 529,000 ETH options expired, Put Call Ratio was 0.52, the max pain point was $3,000, with a notional value of $11.2 billion.

「This week, the market is on the brink of collapse. Influenced by the plummet of the U.S. stock market and multiple security incidents, the market experienced a sharp decline led by mainstream coins. The Implied Volatility (IV) soared, especially BTC's short-term volatility once spiked to 90%, and ETH's short-term volatility directly broke through 100%. Market panic is spreading. Earlier this month, it was mentioned that institutions generally believed that February would be a garbage time with no market trends. Indeed, the market really seems to lack hotspots and capital. Large option holders have been continuously selling medium-term and short-term call options for nearly a month, and smart money has won again.」