21,000 Bitcoin options and 350,000 Ethereum options will expire today. Bitcoin's put-call ratio is 0.88, with a notional value of $1.4 billion; Ethereum's put-call ratio is 0.58, with a notional value of $1.3 billion. Bitcoin is currently trading above $67,000 and Ethereum is above $3,600. ETH rose 20% in 24 hours due to ETF progress, but the implied volatility of short-term options reached 150%, showing high market sentiment.

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