🧨 Today, over $3.5 billion USD in options expire – $BTC and $ETH are about to experience volatility!

📌 A total of over $3.5 billion USD in BTC & ETH options expire today – posing a risk of strong fluctuations in the short term.

📌 For ETH, nearly 246,850 contracts worth approximately $618 million are expiring, with the 'max pain' at $2,650 – currently, the market is trading lower (around $2,515), putting significant pressure on the price to approach this level.

📌 The put/call ratio of 1.14 indicates that money is flowing heavily into protective put options – a defensive sentiment is prevailing, but at the same time, it also triggers a strong 'upside' flow for ETH.

📌 Interesting: Deribit & Greeks.live report that the buying flow for ETH remains very strong right before the expiration date – a sign of high breakout potential!