Greeks.Live: Institutions Have Low Expectations for Bitcoin's Recent Rapid Rise, More Anticipate Long-term Moderate Growth

Greeks.Live analyst Adam posted on social media stating, "Options expiration data for June 6: 31,000 BTC options expired, with a Put Call Ratio of 0.71, a max pain point of $105,000, and a nominal value of $3.18 billion. 241,000 ETH options expired, with a Put Call Ratio of 0.63, a max pain point of $2,575, and a nominal value of $590 million.

For most of this week, the market was mainly volatile. Last night, due to the publicized conflict between Trump and Musk, Tesla's significant drop led to a noticeable pullback in both the US stock and crypto markets. Looking at the main expiration data, the expiration volume is about 10% of the total open interest. After weeks of decline, this week saw a rebound. Additionally, several large orders this week are worth noting, indicating increased market activity. Overall, crypto institutions have low expectations for a rapid rise in Bitcoin in the near term, with more anticipation for a moderate long-term increase."