[Bitcoin and Ethereum Options with a Notional Value of Approximately $2.13 Billion Expire Today] BlockBeats News, July 3: According to data from Greeks.live, a total of 31,000 BTC options are set to expire today, with a Put/Call Ratio of 0.7 and a max pain point at $61,000, representing a notional value of approximately $1.9 billion. Additionally, 135,000 ETH options will also expire, with a Put/Call Ratio of 1.29 and a max pain point at $1,650, representing a notional value of approximately $230 million. Greeks.live analyst Adam stated that Bitcoin has reclaimed the $60,000 psychological level this week, but the long-term downward trend has not yet ended. Selling pressure from MicroStrategy and spot ETFs has shifted market consensus, with major market buyers turning into sellers. This shift during the bull-to-bear transition phase is often a signal of accelerated decline. From the options data, the proportion of contracts expiring this week is relatively high. BTC GEX is primarily concentrated at $60,000, while ETH GEX is mainly concentrated at $1,700. Notably, the ETH Put/Call Ratio has risen to 1.29, reflecting a significant increase in market demand for hedging and heightened concerns about further declines. Currently, market attention remains focused on U.S. equities and tokenized U.S. stocks, and the overall performance of the crypto market in the third quarter may still face certain pressures. [Original Link]