10.31 BTC Options Data Analysis Call OI: 284,290 (+1%) Vol: 86M (+1%) Put OI: 180,073 (+1%) Vol: 112M (+13%) PCR: 72 (+14%) Put/Call Ratio (PCR): 0.72, call OI is greater than put OI, leaning bullish. Change: PCR ratio increased by 14%, mainly due to the rise in put open interest and trading volume (+13%). This indicates that at the current level, investors are increasing hedging or speculative positions against downside risks, showing a more cautious market sentiment compared to before. RD】10/31 (UTC) C 72,467 / P 51,050 (Options expiring this Friday, the most critical battleground in the near term) YE】11/7 C 19,728 / P 18,073 PL】11/14 C 8,309 / P 5,643 GN】11/21 C 297 / P 251 BL】11/28 C 56,950 / P 37,061 (Monthly options, long-term battleground, shaping market expectations for the end of November.) Max Pain - ~110, (A large concentration of option positions at the strike price of 110,000. Option sellers are incentivized to keep the price near max pain by expiration day (this Friday) to maximize the value of their positions.) Resistance (Call Wall - Upper Ceiling): 115,000 (OI: 29,065) -> Strongest resistance 120,000 (OI: 29,065) -> Extremely strong resistance Support (Put Wall - Lower Floor): Look for the prices with the largest put OI. 105,000 (OI: 14,490) -> Strongest support 100,000 (OI: 21,591) -> Extremely strong support 108,000 (OI: 10,586) -> Near-term support