October 2 Options Data 30,500 BTC options expired, with a put-call ratio of 1.07, a maximum strike price of $82,000, and a notional value of $2.63 billion. 116,000 ETH options expired, with a put-call ratio of 1.17, a maximum strike price of $2,660, and a notional value of $320 million. Today marks the first weekly expiration following the quarterly settlement. The BTC price rebounded significantly on the expiration day, with robust block trading in call options, making it a relatively active weekly expiration. After fluctuating around the 85K level for over a week, market sentiment remains positive, and community discussions primarily focus on expectations for price increases in major cryptocurrencies. Looking at key options data, implied volatility (IV) for major maturities this week has declined compared to last week, though it has rebounded slightly from two weeks ago; it currently stands at a low for this bull market cycle. Monthly realized volatility (RV) follows a similar pattern, with VRP for major maturities also showing a decline. The Gex peak is at $90,000 and above; the Gex distribution for the downside has returned to a dispersed state. After a 10-month bear market, the cryptocurrency market has experienced a mini-bull run lasting over a month and is currently consolidating. Market sentiment has improved significantly, which is a positive sign.