Greeks.Live: Institutions Expectations for Bitcoin's Recent Rapid Surge are Low, Anticipating More of a Long-Term Gradual Increase

BlockBeats News, June 6th, Greek.Live analyst Adam posted on social media, stating, "June 6th Options Expiry Data: 31,000 BTC options expiring, Put Call Ratio at 0.71, max pain at $105,000, notional value of $3.18 billion. 241,000 ETH options expiring, Put Call Ratio at 0.63, max pain at $2575, notional value of $590 million."

Most of this week was dominated by a sideways market. Last night, due to the public conflict between Trump and Musk, Tesla's sharp decline led to a significant pullback in the stock market and the crypto market. Looking at the main expiry data, the volume was about 10% of the total open interest. After several weeks of decline, this ratio rebounded this week. At the same time, there were several large block orders to watch, and market activity increased. Overall, institutional investors in the crypto space have low expectations for Bitcoin's recent rapid rise, with more anticipation of a long-term moderate uptrend."