Gate Options Market Observation: BTC falls below $70K, protective options redemption volatility, opportunities rise

According to Gate market data, BTC fell to around $67K and ETH fell to $1,821. BTC$75KPut and ETH$2,100Put, which were previously focused on by the market, have fully entered the deep real value range, and the value of protective positions has increased significantly. At the same time, VOL has recovered rapidly from its low level, and an expansion trend in market volatility is taking shape. Under the ShortGamma structure, market makers 'hedging behavior may further amplify price fluctuations.<br /> In an environment of expanding volatility, more and more traders are beginning to use options for risk management and volatility trading. Data showed that the trading volume of Gate options increased by 69.4% month-on-month in May, the number of trading users increased by 33.6%, and active new users increased by 27%. Liquidity and user participation continued to improve.<br /> Gate Options has recently continued to upgrade its multi-asset ecosystem and has supported BTC, ETH, gold and crude oil options trading. Its quotation spreads lead 42.6% of competing products. It has also launched portfolio strategy ordering and dynamic hedging (DDH) functions to help users manage risks more efficiently. and seize market opportunities.