According to Greekslive, on July 17, 19k BTC options will expire, with a notional value of about $1.2 billion, a Put/Call Ratio of 0.9, and the largest pain point at $63k; additionally, 123k ETH options will expire, with a notional value of about $230 million, a Put/Call Ratio of 1.61, and the largest pain point at $1,800. Greekslive believes that BTC has been trading in a range of $60k to $65k for more than a month, and this week’s expiring options account for about 5% of total open interest. The share of ETH put options has been higher than call options for more than a month and continues to rise, indicating a clear split between bulls and bears.