Analysis: Monthly options delivery data suggests that institutional expectations for Bitcoin's recent rally are low

PANews reported on May 30 that Greeks.live analyst Adam posted an analysis on the X platform that the monthly options delivery data shows that crypto institutions have not reacted too much to the new high of Bitcoin, and their expectations for the recent surge are low, and more expectations are for a steady and moderate rise. Bitcoin has been mainly volatile this week, while Ethereum is relatively strong, and the top-up has lasted for two weeks. Judging from the main delivery data, the market is still more optimistic about BTC breaking through new highs in the near future, the Put Call Ratio of delivery is declining, the price above $100,000 has lasted for the entire first half of the year, and the recent deep out-of-the-money transactions have gradually increased. The upward impact of ETH began to slow down, and the market recalibrated the price and volatility of ETH, with a slight increase overall, an increase of about 3% in the medium and long term, and a 70% IV in the short term. The delivery volume is less than 8% of the total open interest, this proportion is decreasing, and crypto institutions have not reacted much to the new highs of the pie, and the expectations for the recent surge are low, and more are expected to be a steady and moderate rise.

Previously, Deribit data showed that $11.7 billion in Bitcoin options and Ethereum options expired this Friday, and the biggest pain point for BTC was $100,000.

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