The expiration of Bitcoin (BTC) and Ethereum (ETH) options on Friday, April 25th, at 4 p.m. UTC+8 marks a significant moment in the volatile market. According to PANews, Deribit’s Asia-Pacific head, Lin Chen, revealed that a substantial amount of open interest will be impacted by this expiry date. BTC options are expected to see $7.2 billion in open interest expire, with a current put/call ratio of 0.73. Meanwhile, ETH options have $800 million in open interest set to expire, and the put/call ratio for ETH is also 0.73. The maximum pain points for BTC are projected at $85,000, while the current price stands at $92,735. This signifies a potential advantage for call option buyers. In contrast, the current price of ETH stands at $1,769, with its maximum pain point set at $1,900. Put option buyers may be favored in this instance.