Approximately $2.22 billion worth of Bitcoin and Ethereum options are scheduled to expire this Friday, according to Deribit. Bitcoin options account for $1.84 billion of this total, with a put/call ratio of 1.05 and a maximum pain point at $90,000. The open interest shows significant put options below $85,000 and increasing call options between $90,000 and $100,000, indicating potential volatility around the $90,000 level. Ethereum options, valued at $384 million, have a put/call ratio of 0.89 and a maximum pain point of $3,100. Call options are concentrated above $3,000, suggesting that if the spot price remains above this level, market makers may react more sensitively to further upward price movements post-expiry.