Option delivery data on February 14th21000 BTC options have expired, with a Put Call Ratio of 0.67, a maximum pain point of $98000, and a nominal value of $2.08 billion. 176000 ETH options have expired, with a Put Call Ratio of 0.64, a maximum pain point of $2725, and a nominal value of $470 million. This week, the market maintained a weak consolidation, despite multiple positive news from the US government, the market did not buy it, and implied volatility IV fell to its lowest level in nearly a year. Since BTC effectively fell below the $100000 mark, option holders have been continuously selling short - and medium-term call options. The trading volume of bulk call options has increased significantly, but the trading volume of bulk put options has decreased, indicating that although the market is not optimistic about the rise, the panic about the decline has also weakened. Institutions generally believe that February will be a garbage time without market trends, and indeed the market seems to be lacking hotspots and funds.