📣Crypto options worth a whopping $8.2 billion are set to expire on May 31! 😱 With 69,000 BTC options and 920,000 ETH options on the line, we're bracing for a rollercoaster ride. Historically, such expirations have shaken the crypto market like a dog with a chew toy.

The put/call ratio for BTC is 0.61, while ETH is at 0.46, hinting at a bullish sentiment. The "max pain" point for BTC is $66,000 and for ETH, it's $3,300. But hold onto your hats, folks! BTC is currently trading $2,000 above its pain point and ETH is over $400 above its own.

Since the SEC's approval of the spot ETH ETF, the crypto market has been doing the cha-cha - one step forward, two steps back. But hey, who doesn't love a good dance-off? 💃🕺

What's your take on the upcoming options expiry? Let's chat in the comments! #CryptoOptions #MarketTrends