PANews reported on April 17th that Greeks.live analyst Adam analyzed that 22,000 BTC options expired on April 17th, with a put/call ratio of 1.05, a maximum price threshold of $72,000, and a notional value of $1.65 billion. Additionally, 100,000 ETH options expired, with a put/call ratio of 0.95, a maximum price threshold of $2,250, and a notional value of $460 million.

This week, the market continued its rebound, with Bitcoin fluctuating around $75,000. The market began to recover, and some related sectors saw significant gains. Bitcoin options market share declined slightly, while altcoins rebounded. Regarding open interest, 70% of open options contracts were concentrated between April 24th and June 26th, particularly the key dates of late April and late May. Looking at major options data, Bitcoin's implied volatility (IV) for major maturities dropped sharply this month, with most maturities falling to around 40%. ETH's main maturities IV also fell to around 60%. This week, short-term IV stabilized and rose slightly, while medium- and long-term IV continued to decline. Skew continued to rise, weakening the bearish sentiment and creating opportunities. However, Bitcoin's performance this year remains poor in terms of both price and market sentiment. While this month's continued rebound offers some structural opportunities, indicators such as fund flows suggest that cryptocurrencies still exhibit bearish characteristics.