[BTC and ETH Options with a Notional Value of $2.18 Billion Expire Today, Market Rapidly Shifts to Full Bullish Mode] BlockBeats News, August 21: According to data from Greeks.live, 24,000 BTC options are set to expire today, with a Put Call Ratio of 0.84 and a max pain point of $67,000, representing a notional value of $1.82 billion. Additionally, 149,000 ETH options are expiring today, with a Put Call Ratio of 0.84 and a max pain point of $2,000, representing a notional value of $360 million. Greeks.live analyst Adam stated that Bitcoin saw a significant surge this week, breaking past $76,000 and surpassing two major consolidation price zones this year. This marks one of the rare expiration days where the settlement price exceeds the max pain point. Monthly realized volatility (RV) jumped 20% to 53%, while monthly implied volatility (IV) rose only 6%, leading to a sharp decline in VRP. From other key options data, 6% of options are expiring this week, with open interest rebounding but still at low levels, while trading activity has surged significantly. The rapid increase in price and trading enthusiasm has caused bullish Gex to become highly dispersed, while bearish Gex is almost negligible, indicating the market is in a full bullish state.