On August 9th, according to the option delivery data released by [email protected], 32,000 BTC options are about to expire, Put Call Ratio is 0.71, the maximum pain point is $60,000, and the nominal value is $1.90 billion. 206,000 ETH options are about to expire, Put Call Ratio is 0.96, the maximum pain point is $2950, and the nominal value is $560 million. According to Adam's analysis, market sentiment picked up this week due to the impact of the yen hike on the crypto market. BTC and Sol led the gains, but ETH performed weakly after the ETF was listed. Major Term IV fell, but remained above pre-crash levels.