Deribit: Approximately $2.5 billion in BTC and ETH options will expire tomorrow, with the biggest pain point for BTC being $85,000

Deribit officially announced a reminder that approximately $2.5 billion in crypto options will expire tomorrow (April 4th, 16:00 GMT+8). Among them, the nominal value of Bitcoin (BTC) options is about $2.16 billion, with a Put/Call ratio of 1.27 and the maximum pain price at $85,000; Ethereum (ETH) options have a nominal value of about $371 million, with a Put/Call ratio of 1.31 and the maximum pain price at $1,850. Despite this week's market volatility being relatively calm compared to last week's quarterly expiration, position adjustment remains crucial.