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