On November 29, a significant expiration of options for Bitcoin and Ethereum is set to take place, with a total notional value exceeding $10 billion. Specifically, Bitcoin options worth approximately $9.47 billion and Ethereum options valued at around $1.47 billion are expiring. The put-to-call ratio for Bitcoin stands at 0.84, indicating a slight bearish sentiment, while Ethereum's ratio is at 0.75. Market analysts anticipate heightened volatility due to this event, with a maximum pain point for Bitcoin options at $80,000. Additionally, a liquidation alert has been issued, indicating that $3.38 billion worth of Bitcoin shorts could be liquidated if the price reaches $100,000, a level that traders are closely monitoring as market confidence grows around potential upward movements in Bitcoin's price.