Large bitcoin contracts expiring: For Bitcoin, around 98,500 options contracts are set to expire today with a total value of 9.48 billion USD, over three times larger than last week’s expiration.

Important price level: The ‘maximum pain point’ at around 80,000 USD is a crucial factor that traders are monitoring. If Bitcoin holds above this level, the market may stabilize.

Ethereum contracts also expiring: Today, 412,000 Ethereum options contracts will also expire, with a total value of 1.47 billion USD, indicating optimism from investors.

Market volatility prediction: The total value of all crypto options expiring today reaches 11 billion USD, suggesting some anticipated volatility in the current market.