Data: $1.28 billion worth of BTC and $530 million worth of ETH options contracts will expire and settle today.

According to data from Greeks.live on November 17th, 35,000 BTC options with a put call ratio of 0.49 and a maximum pain point of $36,000, with a nominal value of $1.28 billion, are about to expire. Additionally, 270,000 ETH options with a put call ratio of 0.41 and a maximum pain point of $1,900, with a nominal value of $530 million, are also about to expire. This week, cryptocurrency prices have entered a consolidation phase, with RV representing the volatility level experiencing a slight rebound, while IV representing the expected volatility level has remained stable with a slight decrease, resulting in a slight decrease in VRP volatility risk premium. Currently, BTC Dvol is only 55%, a 10% decrease compared to last week, while ETH Dvol is at 56%, remaining the same as last week. ETH is expected to take over as the main driver of the market's upward trend.