PANews reported on February 14 that according to Greeks.live data, 21,000 BTC options will expire today, with a Put Call Ratio of 0.67, a maximum pain point of $98,000, and a nominal value of $2.08 billion; at the same time, 176,000 ETH options will expire, with a Put Call Ratio of 0.64, a maximum pain point of $2,725, and a nominal value of $470 million . Despite the recent release of a number of positive news by the US government, market sentiment remains sluggish, with the implied volatility (IV) falling to its lowest level in nearly a year . Since BTC fell below $100,000, option tycoons have continued to sell short- and medium-term call options, with large call trading volume rising but bearish trading volume falling, indicating that the market is not optimistic about the rise, but the panic of falling is also weakening. Institutions generally believe that the market lacks funds and hot spots in February and may enter the "garbage time" stage.