Just checked the Deribit options expiry data for May 1st and there's some pretty significant action happening. Over $2.14 billion in notional value expiring today, which is honestly a lot to digest. Bitcoin's side of things is dominating with $1.74 billion up for expiration, put/call sitting at 1.10, and the max pain is pegged at $76k. Ethereum's got $394 million expiring with a 0.95 put/call ratio and $2,325 as the pain point. What caught my eye is that BTC is literally trading right at that max pain level on Deribit, which usually means things could get interesting. ETH is still hanging below its pain point though. Deribit's data suggests we might see some volatility as these options roll off, so worth keeping an eye on the next few hours if you're trading.