Market capital inflows slowed down, but options trading volume and open interest continued to rise
Adam, a macro researcher at Greeks.live, released March 15th options delivery data on X platform: 30,000 BTC options expired, with a Put Call Ratio of 0.79, a maximum pain point of $66,000, and a nominal value of $2.1 billion. 330,000 ETH options expired, with a Put Call Ratio of 0.69, a maximum pain point of $3,550, and a nominal value of $1.25 billion. The cryptocurrency market remained strong this week, with Bitcoin prices briefly surpassing $70,000. However, in the latter half of the week, Bitcoin ETF inflows slowed down and the price began to decline. The main term IV showed a downward trend, but it still remained at a relatively high level for the year. US funds are driving the spot bull market, but with a slowdown in fund inflows, the price has entered a period of oscillation. However, option trading volume and open interest continue to rise.
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