$BTC Cryptocurrency options worth 3.5 billion USD expire amid strong Ethereum growth
Over 3.5 billion USD in Bitcoin and Ethereum options will expire today, creating potential for short-term market volatility.
The maximum pain point for Bitcoin is 106,500 USD, while for Ethereum it is 2,650 USD, indicating market pressure towards these strike prices.
Analysts highlight strong bullish flows in Ethereum, contrasting with bearish sentiment as traders hedge against downside risks using put options.
