According to GreekLive, on March 13 there will be BTC and ETH options expiring with a total notional value of approximately $2.18 billion. Specifically, 26,000 BTC options with a Put Call Ratio of 0.9, a max pain of $69,000, and a notional value of $1.8 billion; 182,000 ETH options with a Put Call Ratio of 1.21, a max pain of $2,000, and a notional value of $380 million. Analysis indicates that tomorrow's expiration volume represents only 6% of total open interest, a historical low. Although max pain shows its first rebound after declining for months, the trading distribution shows equal strength between bullish and bearish forces, with Skew showing almost no volatility.