CoinVoice has learned that approximately $4.2 billion in Bitcoin options and $1 billion in Ethereum options will expire this Friday. About $682 million of the Bitcoin options are in the 'money' state, mostly being call options. This distribution is similar to the expiration situation from the previous quarter.

Currently, the put/call ratio for Bitcoin options is 0.62, indicating a bullish market sentiment. The maximum pain price for Bitcoin is $64,000, with the current trading price around $67,000, above the maximum pain level. Notably, the current trading price for Ethereum is approximately $2,600, right at its maximum pain price position. [Original link]