Wu said that, according to Greekslive, 34,000 BTC options are set to expire, with a Put Call Ratio of 1.3, a maximum pain point of $118,000, and a nominal value of $3.82 billion. 220,000 ETH options are set to expire, with a Put Call Ratio of 0.82, a maximum pain point of $4,250, and a nominal value of $950 million. This week, nearly $5 billion in options are set to settle, accounting for 8% of the current total open interest. From the main options data, there has been a significant rebound in implied volatility, with the medium and short-term IV for BTC fully recovering to above 35%, while the main term IV for ETH has not reached 70%, and the short-term IV has surpassed 80%.