Nearly $2.7 billion worth of Bitcoin and Ethereum options are expiring this week, with Bitcoin's max pain price at $92,000 and strong institutional interest between $90,000 and $100,000. Bitcoin has approached $98,000, close to the psychologically significant $100,000 level, but faces heavy resistance and significant sell-side call option accumulation at that price. Market data shows improving sentiment, a Put Call Ratio above 1 for both BTC and ETH, and dominant selling of put options indicating consolidation and cautious bullishness.