Greeks.live: 27,000 BTC Options and 220,000 ETH Options are about to expire, with fewer bulls in the market for BTC in the short term.

PANews May 16 news, according to Greeks.live analyst Adam's data, on May 16, a total of 27,000 BTC Options expired, the Put Call Ratio was 1.03, the maximum pain point was $100,000, with a notional value of $2.76 billion; 220,000 ETH Options expired, the Put Call Ratio was 1.36, the maximum pain point was $2,300, with a notional value of $570 million. The current market sentiment is relatively good, but the mainstream token holdings and number of profitable people are relatively low. The short-term RV for Bitcoin has fallen below 35%, IV has almost all fallen below 45%, and VRP has declined somewhat. The proportion of put options has remained high this month, with a potential shift expected in June. In the short term, there are fewer bullish sentiments for BTC, but overall, the market remains optimistic about the trend.