According to the latest data from the Deribit platform, at 4 PM on June 20, ( Beijing time, options contracts worth approximately $580 million in Bitcoin and Ethereum will expire, attracting market attention.

Data analysis shows that the total amount of Bitcoin options open interest reached 5,269.7 contracts. The specific distribution is 3,352.0 contracts for call options and 1,917.1 contracts for put options, forming a put/call ratio of 0.57. The notional value of these contracts exceeds $553 million, with the market pain point price at $103,000.

On the Ethereum front, the total number of open options contracts is 11,301, of which call options account for 6,960.0 contracts and put options for 4,332.0 contracts, with a put/call ratio of 0.62. The value of these contracts is close to 28.57 million USD, with the maximum pain point price set at 2,500 USD.

Comprehensive analysis shows that the current cryptocurrency options market exhibits a clear positive tendency, with call option trading volume significantly surpassing put options, reflecting traders' optimistic attitude towards the market outlook.

It is worth noting that Bitcoin options exhibit a relatively balanced positional distribution near the maximum pain price, while the Ethereum options market shows a more optimistic market expectation due to the dominance of call contracts.

As these large-scale options contracts are about to expire, market volatility may increase, and investors need to closely monitor price trends and assess the potential impact of the geopolitical situation in the Middle East on the crypto market.