According to the latest on-chain data analysis, Deribit shows that $1.98 billion worth of BTC options will expire tomorrow, with a Put/Call ratio of 0.97 and a maximum pain point of $102,000. The market sentiment for BTC is close to balance between bullish and bearish, indicating cautious optimism among investors regarding future trends. Additionally, $600 million worth of ETH options will also expire, with a Put/Call ratio of 0.53 and a maximum pain point of $3,800, indicating strong bullish sentiment in the market for ETH.