【Greeks.live: The current options holdings have fallen to a 23-year low, and there may be a market trend around the US election】 on October 11, according to Greeks.live data, 18,000 BTC options expired, the Put Call Ratio was 0.91, the maximum pain point was $62,000, and the nominal value was $1.1 billion. 212,000 ETH options expired, the Put Call Ratio was 0.4, the maximum pain point was $2,450, and the nominal value was $510 million.Cryptocurrency continues to be weak, and the current $60,000 key point is fiercely contested. ETH is also near the long-term support line of $2,300, and the market may change overnight. The market conditions in the first two weeks of the fourth quarter of this year were not good, and the options market was also relatively sluggish. The current option holdings have fallen to a new low in 23 years. However, the sluggish market also breeds new trading opportunities. Now the BTC par IV on November 8 is only 50%, which is very suitable for low-level positions to build some medium- and long-term bullish positions. This week, the bulk bullish transactions have gradually become active, and there is a high probability of a market before and after the US election.