PANews reported on January 29th that, according to Deribit's official announcement, over $9.5 billion worth of crypto options will expire at 16:00 Beijing time on January 30th. Of this, Bitcoin options have a notional value of $8.27 billion, a put/call ratio of 0.54, and a maximum stop-loss price of $90,000; Ethereum options have a notional value of $1.27 billion, a put/call ratio of 0.74, and a maximum stop-loss price of $3,100. Currently, Bitcoin's price is consolidating around $90,000, with increased demand for downside protection indicating cautious trading sentiment, but overall positions remain bullish.

According to previous reports, Deribit stated that cryptocurrency options trading activity has kept Bitcoin's price around $90,000 .