**Options Expiry Shake-Up**
A significant \$6.9 billion in $BTC and $ETH options is set to expire today, and it's clearly impacting the market.
#BTC options total \$5.59 billion with a max pain point at \$116,000.
#ETH options amount to \$1.31 billion, with a max pain level of \$3,500.
This downside volatility stems from market makers steering prices toward these max pain levels to maximize their gains.
All eyes are on today’s close, as expiry-driven moves often influence next week’s market direction.