BTC and ETH options worth $5.7 billion will expire today, and BTC's biggest pain point is $63,500

BlockBeats news, July 26, according to Greeks.live data, 61,000 BTC options will expire today, with a Put Call Ratio of 0.62, a maximum pain point of $63,500, and a nominal value of $4.1 billion.

490,000 ETH options will expire today, with a Put Call Ratio of 0.45, a maximum pain point of $3,350, and a nominal value of $1.6 billion.

Greeks.live analyst Adam said that the crypto market entered an adjustment this week, and the listing of the ETH ETF brought down ETH as expected. The current ETH/BTC exchange rate has fallen to its lowest level in several months. The main term IVs have all rebounded significantly, and the short-term IV rebound is particularly obvious, generally more than 10% compared to a week ago. After today's monthly delivery, the news from the Bitcoin Conference will also be digested over the weekend, and next week's IV will be under greater downward pressure.