【April 10th Options Settlement Data】 27k BTC options are expiring, with a Put Call Ratio of 0.71, the maximum pain point at $69,000, and a notional value of $1.94 billion. 151k ETH options are expiring, with a Put Call Ratio of 0.77, the maximum pain point at $2,050, and a notional value of $330 million. This week's market was stimulated by the US-Iran ceasefire, with Bitcoin directly breaking through $72,000, surpassing recent sideways trading ranges. Bitcoin options market share has continued to stay above 80%, with the most open interest in late April and late June, mainly focusing on the April expiration. From the main options data, Bitcoin's implied volatility (IV) for major maturities has dropped significantly, with most maturities around 40%, while ETH's IV for major maturities has also fallen to around 60%. Skew remains on the rise, but the increase is modest. This year, Bitcoin has performed poorly in both price and popularity. This week is one of the few sustained rebound periods, but based on capital flow and other indicators, cryptocurrencies are still mainly driven by other markets, and all indicators point to a bearish market trend.

Ethereum's four-hour pattern is relatively weak. Long positions are advised to patiently wait for a pullback to the 2150-2130 range before entering the market. Resistance above focuses on 2200, and a four-hour close above this level is needed to confirm stabilization, marking the end of the consolidation pattern; After stabilization, the target looks at 2250-2280. If a smooth breakthrough occurs, it can further rise toward around 2350. $ETH ‌#美伊停火协议谈判再生变故 #原油小幅上涨