According to Wu, Greekslive announced that 107,000 BTC options have expired, with a Put Call Ratio of 0.5, a maximum pain point of $57,000, and a nominal value of $6.6 billion. At the same time, 1.04 million ETH options have also expired, with a Put Call Ratio of 0.59, a maximum pain point of $3,100, and a nominal value of $3.6 billion. Despite the large market volatility, the IV of mainstream currencies has not increased significantly. The IV of each major term of BTC is less than 50%, and the IV of each major term of ETH is less than 60%, both at a low level.