Massive Bitcoin Options Expiry Looms — Is a $111K Breakdown Coming?

  • TL;DR Massive Expiry Alert: Over 25,400 Bitcoin options contracts worth about $2.8 billion are expiring this Friday, injecting significant uncertainty into the market. Bearish Indicators: The options market exhibits a put-to-call ratio of 1.2 and a max pain level of around $103K, suggesting short-term bearish pressure.