4月17日，22,000 BTC 期權將到期，Put/Call 比率為 1.05，最大痛點為 72,000 美元，合計 16.5 億美元。此外，100,000 ETH 期權將到期，Put/Call 比率為 0.95，最大痛點為 2,250 美元，價值為 $460 百萬美元。

2026-04-12 01:30 至 2026-04-12 01:45（UTC），ETH 價格短暫下挫，K 線顯示 15 分鐘收益率為 -2.46%，價格區間在 2219.38 至 2283.74 USDT，振幅為 2.82%。該時間段市場關注度迅速提升，現貨與衍生品市場波動明顯加劇，投資者情緒偏謹慎。 本次異動的主要驅動力是大規模衍生品期權合約到期，ETH 期權總名目價值約 6.69 億美元，Put/Call 比

4月10日，有2.7萬張BTC期權和15.1萬張ETH期權到期，Put Call Ratios分別為0.71和0.77。比特幣因美伊停戰消息突破72000美元，但整體市場仍處於調整階段，隱含波動率顯著下降。

2026-03-26 17:45至18:00（UTC），比特幣（BTC）在15分鐘內收益率錄得-0.69%，價格區間於68385.8至68956.2 USDT，振幅為0.83%。短周期內波動加劇，市場關注度迅速提升，表現為集中的下行壓力。 本次異動的主要驅動力是臨近期權到期，相關持倉投資者為應對“最大痛點”區域（75,000-80,000美元）集中進行短線頭寸調整，叠加期權Put/Call比值

BlockBeats News: On March 25, Japanese Bitcoin crypto treasury (DAT) company Metaplanet announced the launch of the shareholder-exclusive credit card "Metaplanet Card," which will be put into use this summer. Cardholding shareholders will automatically receive 1.6% cashback in equivalent Bitcoin on daily consumption purchases, converting every card swipe into direct Bitcoin investment.

The bitcoin derivatives market has recently shown changes, with traders investing approximately $685 million in put options over the past 30 days, reflecting cautious market sentiment. This shift demonstrates investors transitioning from aggressive strategies to risk management, particularly amid increased macro uncertainty. Rising demand for put options typically signals future price risks, as investors seek balance between controlling drawdowns and locking in gains.

Gate News reported that on March 20, according to Greeks.live data, 23,000 BTC options will expire today with a Put Call Ratio of 0.88, maximum pain point at $70,000, and notional value of $1.6 billion. Additionally, 176,000 ETH options will expire today with a Put Call Ratio of 1.04, maximum pain point at $2,150, and notional value of $370 million. Next Friday (March 27) will see quarterly settlement.

Gate News消息，3月20日，VanEck最新比特币链上报告显示，比特币期权交易者看跌情绪升至五年来最高水平。数据显示，上月看跌/看涨比率峰值達0.84，均值為0.77，處於2019年中以來最看跌的9%區間。期權未平倉合約總規模突破330億美元，看跌期權溢價創歷史新高，顯示機構投資者正大規模買入下行保護。

Before Bitcoin quarterly options expiration, the $20,000 put option strike became the third most popular open interest, reflecting traders' expectations for extreme downside scenarios. Despite elevated market panic sentiment, call options remain slightly more than put options, with overall sentiment leaning bullish.

Bitcoin's rise is mainly driven by put option selling at $55,000 and $60,000 levels, with traders closing positions forcing market makers to buy Bitcoin. The rally lacks bullish call buying, and as Bitcoin breaks through $76,000 today, it's pushing the crypto market higher.