BlockBeats News, February 26 — According to Greeks.live data, 116,000 BTC options will expire this Friday. The Put-Call Ratio is 0.76, with the maximum pain point at $75,000 and a notional value of $7.9 billion.
206,000 ETH options will also expire this Friday. The Put-Call Ratio is 0.77, with the maximum pain point at $2,200 and a notional value of $980 million.
Greeks.live analyst Adam stated that the current crypto market remains sluggish. In early February, Bitcoin briefly dropped to the $60,000 level, and throughout February, the market has been weakly oscillating above $60,000.
Tomorrow, options accounting for 20% of total holdings will expire, totaling nearly $9 billion, with Bitcoin holdings reaching a multi-year high. Thanks to recent rebounds, implied volatility for Bitcoin and Ethereum has increased this week. BTC’s main-term IV is at 47%, and ETH’s main-term IV is at 65%. The downward price trend has eased, but market confidence remains insufficient.
In terms of trading volume, large bullish options dominate. After yesterday’s rebound, there has been a surge in medium- and long-term bullish trades. According to key options data, skew has also rebounded across the board, indicating market bottom-fishing activity.
Adam added that the market is still in a bear phase. The crypto space lacks new capital and clear hotspots. Pessimistic sentiments are prevalent on social media, and bottom panic may not have arrived yet.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: If BTC breaks through $70,161, the total liquidation strength of long positions on mainstream CEXs will reach $1.674 billion.
ChainCatcher reports that, according to Coinglass data, if BTC breaks through $70,161, the total liquidation strength of long positions on major CEXs will reach $1.674 billion. Conversely, if BTC drops below $63,883, the total liquidation strength of short positions on major CEXs will reach $668 million.
GateNews16m ago
High-Yield Bond Surge Flags Rising Risk, BTC Mining & AI Infra
The AI-driven data-center expansion is increasingly financed through debt, and lenders are weighing risk and opportunity in the AI-infrastructure and crypto-mining nexus. TheEnergyMag’s latest newsletter tracks roughly $33 billion in long-term senior notes raised over the past 12 months, excluding c
CryptoBreaking1h ago
ETH short-term decline of 1.08%: Extreme panic sentiment and capital flow leading to short-term selling dominated by BTC
Between 16:30 and 16:45 (UTC) on February 26, 2026, ETH experienced a significant price decline. The candlestick data shows a return of -1.08%, with the price range between 2008.21 and 2034.52 USDT, and an amplitude of 1.29%. Market attention has markedly increased, short-term volatility has intensified, and typical risk-averse sentiment in the industry is spreading.
The main driving force behind this anomaly is extreme market panic and capital flowing into mainstream safe-haven assets. The Fear and Greed Index dropped to 16/100, indicating that investors' risk appetite is very low, with increased active stop-loss and position reduction behaviors. At the same time
GateNews2h ago
BTC 15-minute slight decline of 0.61%: On-chain large transfers and ETF fund inflows slow down, jointly leading to a pullback
From 16:30 to 16:45 (UTC) on February 26, 2026, the BTC spot market recorded a -0.61% return, with prices fluctuating between 66,912.7 and 67,455.0 USDT, with an amplitude of 0.80%. During this window, market attention increased, and high-frequency anomalies triggered short-term cautiousness among investors. Liquidity was ample, but volatility intensified.
The main driver of this anomaly was large on-chain fund transfers to exchanges, raising concerns about selling pressure. At the same time, the pace of ETF capital inflows slowed, and the ability of spot buying to absorb selling pressure decreased, further exacerbating price fluctuations in a short period.
GateNews2h ago
