On January 30, a significant expiration of cryptocurrency options contracts occurred, impacting both Bitcoin (BTC) and Ethereum (ETH). A total of 91,000 BTC options contracts expired, featuring a Put-Call Ratio of 0.48 and a maximum pain point at $90,000, with a notional value of $7.6 billion. Meanwhile, 435,000 ETH options contracts expired, showing a Put-Call Ratio of 0.68 and a maximum pain point at $3,000, with a notional value of $1.19 billion. These expirations are pivotal in the options market, influencing potential price movements and trader strategies.