Enormous $11.5B Cryptocurrency Options Set to Expire Today: Could This Trigger Further Market Declines?
Approximately 92,500 Bitcoin options contracts, with an estimated value of $10 billion, will expire on May 30, potentially causing increased market volatility. This batch of contracts has a put/call ratio of 0.87, suggesting a slightly higher number of long contracts than short.
The market's max pain point is at $100,000, $6,000 below current spot prices, indicating where the most significant contract expiry losses may occur. Furthermore, 624,000 Ethereum contracts, worth about $1.62 billion, are also set to expire today, bringing the total value of crypto options expiring to around $11.5 billion.
The current market trend shows a decline, with Bitcoin dropping below $106,000 and Ethereum dipping below $2,600.
BNB Sees 2.15% Dip Amid SOPH Listing and Airdrop, Trading Volume Hits $2 Billion
Binance Coin (BNB) is currently trading at $670.30, with a 24-hour trading volume of approximately $2.00 billion and a market capitalization near $94.5 billion, reflecting a 2.15% decline from the previous day’s open of $685.06. The recent price decrease aligns with typical market volatility and follows a period of heightened activity, including the listing of Sophon (SOPH) for spot trading and the initiation of the SOPH HODLer Airdrop program for BNB holders and stakers. While BNB remains a top-searched asset on Binance and continues to benefit from ecosystem upgrades and increased DeFi activity, the modest pullback in price can be attributed to short-term profit-taking after a recent rally toward $697 and broader market fluctuations, despite ongoing bullish sentiment and strong on-chain metrics.
Just a Minor Dip – The Big Bull Run Is Loading
What we’re seeing right now isn’t a crash — it’s a healthy correction. In crypto, small pullbacks are normal. Markets don’t move up in a straight line forever.
History shows us a pattern: after every sharp drop, there’s always a bigger breakout. It’s part of the cycle — shake out the panic sellers, then launch the next massive rally.
This dip? It’s nothing but a setup. The kind that clears the noise before the real move begins.
Plenty of strong coins are still holding key levels. Once the dust settles, we could see explosive pushes to new All-Time Highs (ATH).
If you’ve been in this game long enough, you already know: dips build wealth — for those who stay calm and think long-term.
The bull run isn’t over. It’s just warming up.
BTC Holds Firm Amid $2.75B ETF Inflows and Institutional Moves Despite 2.28% Price Dip
Bitcoin is currently trading at $105,537.19 on Binance, reflecting a 24-hour decline of 2.28% with a 24-hour open of $107,996.00 and sustained high trading volumes. This recent price drop follows a period of record highs earlier in the week and coincides with a broader 2.01% dip in the global cryptocurrency market cap, likely influenced by profit-taking after the recent surge and general market volatility. Despite the short-term decline, significant developments such as robust net inflows of $2.75 billion into U.S. spot Bitcoin ETFs, increased accumulation by large holders, and institutional interest—including a $2.5 billion planned investment by Trump Media and Technology Group—underscore continued strong market engagement and long-term confidence in Bitcoin.
$ETH
Retracing yesterday’s breakout candles is a sign of weakness, but it's still not the right place to open shorts. The EMA50 remains strong support until proven otherwise. If the price breaks below the EMA50 and the $2,580 S/R level, that would be another clear sign of weakness, and I’d look to short with a target around the low $2,200s.
There’s still a chance for the EMA50 to hold again, but the risk reward isn’t favorable for longs here.