Greeks.live: Market panic spreads, Bitcoin implied volatility IV soars

CoinRank News: Greeks.live analyst Adam shared options data and market views on X: 59,000 BTC options expired today, with a Put Call Ratio of 0.7, a maximum pain point of $96,000, and a nominal value of $4.66 billion; 529,000 ETH options expired today, with a Put Call Ratio of 0.52, a maximum pain point of $3,000, and a nominal value of $1.12 billion. This week, the market was on the verge of collapse. Affected by the plunge in U.S. stocks and multiple security incidents, the market fell sharply under the leadership of mainstream currencies, and the implied volatility IV soared, especially BTCs short-term volatility once climbed to 90%, and ETHs short-term volatility directly exceeded 100%. Panic is spreading in the market. At the beginning of this month, it was mentioned that institutions generally believed that February would be a garbage time without a market. Indeed, the market really seems to lack hot spots and funds. Option big players have continued to sell medium- and short-term call options for nearly a month, and smart money has won again.