Woofun AI data shows that 31,000 BTC options with a notional value of approximately $1.9 billion are set to expire today, featuring a Put/Call Ratio of 0.7 and a maximum pain point at $61,000. Simultaneously, 135,000 ETH options worth around $230 million will expire, displaying a Put/Call Ratio of 1.29 and a maximum pain point at $1,650.

Analyst Adam from Greeks.live stated that Bitcoin reclaimed the $60,000 level this week, but the long-term downward trend persists. Selling pressure from MicroStrategy and spot ETFs has shifted sentiment, with major buyers becoming sellers. The BTC GEX is concentrated near $60,000, while ETH GEX sits at $1,700. The elevated ETH Put/Call Ratio indicates increased hedging demand and concerns over further declines.