21,000 BTC options and 126,000 ETH options are about to expire, with a total notional value of nearly $2.4 billion.

The biggest pain point for BTC is at $90,000, and for ETH it's $3,100. Options trading is active, accounting for over 70% of all trades, with funds primarily positioning for bullish BTC positions at the end of the month and bearish ETH positions. BTC's implied volatility (IV) remains around 40%, while ETH's is approximately 55%.