The notional value of $8.38 billion BTC and $1.96 billion ETH options contracts is set to expire and settle today.

BlockBeats News, January 31st, Greek.live analyst Adam posted on social media stating, "80,000 BTC options expire and settle today, Put Call Ratio is 0.68, with a max pain point of $98,000, nominal value of $8.38 billion. 603,000 ETH options expire and settle today, Put Call Ratio is 0.43, with a max pain point of $3,300, nominal value of $1.96 billion."

This week the market has been relatively calm, mainly digesting the Trump trading impact over the past three months. The monthly expiration volume accounts for nearly 30% of the total open interest, and post-settlement, the open interest of quarterly options expiring at the end of March reaches 50%.

Trump's presidency not only failed to bring the anticipated large influx of funds to the crypto industry but also caused market weakness due to meme issuance and slow policy releases. However, in the long term, there are still many bullish factors to look forward to.

The Federal Reserve kept interest rates unchanged in its meeting, and the outlook for macro events is relatively stable. This week, attention will focus on changes in U.S. government policy and ETF inflows."