Greeks.live: The bull market is not over yet, the market atmosphere is optimistic

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that the option delivery data on May 31 showed that 69,000 BTC options expired, the Put Call Ratio was 0.37, the maximum pain point was $66,000, and the nominal value was $4.7 billion. 920,000 ETH options expired, the Put Call Ratio was 0.46, the maximum pain point was $3,300, and the nominal value was $3.5 billion.

This week's crypto market was slightly flat. This May can be said to be the best May in recent years. ETH had a single-day increase of 20%. This year's bull market has not ended, and the market atmosphere is relatively optimistic. Now BTC and ETH are clearly differentiated. BTC's major term IV has fallen to a relatively cold level, but ETH still maintains a high level. Selling ETH and buying BTC to make cross-currency IV difference is a good strategy. ETH IV is under great pressure to fall.