Wu said that according to Greekslive, 24,000 BTC options are about to expire, with a Put Call Ratio of 0.83, a maximum pain point of $59,500, and a nominal value of $1.4 billion. 184,000 ETH options are about to expire, with a Put Call Ratio of 0.80, a maximum pain point of $2,650, and a nominal value of $470 million. Options expiring that week account for about 10% of the total open interest. Currently, the open interest in August, September, and December is relatively close, all of which are more than 20%. Judging from the options data, the term distribution of options is relatively even, and the term structure is relatively stable. Recently, the options market’s expectations for future volatility have gradually decreased, and the market will gradually enter a stable period.