Greeks.live: The crypto market has been relatively flat this week, mainly digesting the impact of the Trump Trade over the past three months

PANews January 31 news, Greeks.live macro researcher Adam wrote that on January 31, OptionsDelivery data showed that 80,000 BTC Options expired, with a Put Call Ratio of 0.68, a maximum pain point of $98,000, and a nominal value of $8.38 billion. 603,000 ETH Options expired, with a Put Call Ratio of 0.43, a maximum pain point of $3,300, and a nominal value of $1.96 billion. The market was relatively flat this week, mainly digesting the impact of the Trump Trade over the past three months. The monthly Delivery volume accounted for nearly 30% of the total open interest, and the Options open interest for the quarterly contracts expiring at the end of March reached 50%. Trump’s inauguration did not bring the expected influx of funds to the cryptocurrency market. Instead, the market has been weak due to the issuance of Meme coins and slow policy releases. However, in the long run, there are still many positive factors to look forward to. The Federal Reserve’s interest rate meeting maintained no rate cuts, and the expectations for future macro events are relatively stable. This week, we will continue to focus on the policy changes of the new government and the inflow of ETFs.