The crypto market is watching closely as nearly $10 billion in $BTC options are set to expire this week — a major event that could drive increased volatility.
🔍 Key Levels: $95K–$105K in Play
Analysts say the $95,000–$105,000 range is the zone to watch. This range is attracting significant open interest, especially from institutional players looking to hedge or speculate ahead of the monthly options expiry. A strong push above or below this range could trigger massive liquidations or fresh inflows depending on market sentiment
🧠 What’s Driving the Action?
Open Interest Surge: Data from derivatives platforms shows $BTC BTC options open interest reaching record highs — approaching $10B.
Macro Backdrop: With inflation cooling and the Fed potentially pausing rate hikes, macro tailwinds could provide support for bullish BTC narratives.
ETF Flows: Spot Bitcoin ETFs continue to show strength, adding further demand-side pressure.
⚠️ Market Implications
The expiry could lead to:
Increased short-term volatility
Whale-driven price swings
Potential breakout or fakeout moves near psychological levels
Options expiry events often coincide with sharp price movements, especially when the notional value at stake is this high. Traders are bracing for a volatile end to the week.
🔄 Strategy Tips
If you're trading around the expiry:
Keep an eye on implied volatility
Monitor open interest shifts
Be ready for fakeouts around resistance or support zones