20200 BTC options and 125000 ETH options are about to expire, with a total nominal value of $1.6 billion

Adam, a macro researcher at Greeks.live, posted on X platform that 20200 BTC options are about to expire, with a Put Call Ratio of 0.86, a maximum pain point of $59000, and a nominal value of $1.28 billion. 125000 ETH options are about to expire, with a Put Call Ratio of 0.67, a maximum pain point of $2350, and a nominal value of $320 million. The cryptocurrency rebound continued this week, with the Federal Reserve finally cutting interest rates by 50 basis points slightly exceeding market expectations, greatly boosting market confidence. In addition, as the third quarter is coming to an end, investors are beginning to plan for the fourth quarter. After the interest rate cut was implemented, the IV of each major term has decreased, and as quarterly delivery approaches, IV still faces downward pressure. Since September, BTC has performed well, while ETH has been relatively weak, rebounding from the long-term support level of 0.04 for BTC exchange rate. The October market is worth paying attention to.