Today marks the expiration of options contracts worth over 2.09 billion USD for Bitcoin and Ethereum. BTC’s expiring options total 1.826 billion USD at a maximum pain price of 85,000 USD, while Ethereum options are worth 264 million USD with a max pain price of 2,000 USD.

Traders are split on market dynamics post-expiration, with some bracing for volatility, while others expect a long-term rally driven by institutional interest. Current prices suggest modest upside potential as investors monitor price movements around the maximum pain levels.