Analyst @BTC__options said on the X platform that 24,000 BTC options are about to expire, with a Put Call Ratio of 1.08, a maximum pain point of $58,500, and a nominal value of $1.40 billion. 157,000 ETH options are about to expire, with a Put Call Ratio of 0.37, a maximum pain point of $3,100, and a nominal value of $490 million. The crypto market rebounded slightly this week, and the main term IV fell sharply, falling to a new low since March. Quarterly delivery combined with large fluctuations created a perfect entry time for sellers. This week, option sellers built up a large number of positions, which also became the driving force to lower the main term IV.