Bitcoin & Ethereum Price Outlook Amid $2.6 Billion Options Expiry | Airdrop Alert Pro

The crypto market’s $2.639 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire today. Expirations of this magnitude could impact short-term price movements, especially given the volatility This has been seen in both assets over the past few days.

With Bitcoin options worth $1.9 billion and Ethereum worth $712 million, will the volatility in the cryptocurrency market continue or will a stable start in 2025? Here’s what the expiration of these options will do to the price of BTC and ETH.

First Cryptocurrency Options Expire in 2025: Options Over $2.6 Expire

Deribit data shows that today’s Bitcoin options expiry involved 19,885 contracts. In comparison 88,537 contracts last week. Likewise, Ethereum options expiring totaled 205,724 contracts, down from 796,021 contracts the previous week. The difference stems from last week’s contract, which marked year-end options expiration.

For Bitcoin, the biggest pain point (strike price) for expiring options is $97,000, with a put to call ratio of 0.69. Although the cryptocurrency pioneer company has been struggling to recapture the $100,000 milestone, this is indicative of the generally bullish sentiment.

By comparison, the highest pain price for Ethereum contracts expiring today is $3,400, with a put-to-call ratio of 0.81, reflecting a similar market outlook. When the put-to-call ratio is below 1, more traders are betting that prices will rise.

exist options tradingexecution price is a key indicator that usually guides market behavior. It represents the price level at which most options expire worthless, causing the most financial “pain” to traders.

Traders and investors should be prepared for volatility because Options Expiration often results in short-term price fluctuations, creating market uncertainty. Specifically, asset prices tend to tend to price Optimize the profits of option sellers, who in most cases are large financial institutions with smart money.

According to BeInCrypto data, BTC is trading at $96,912 USD As of this writing, ETH is changing hands $3,465. Therefore, leaning towards the respective execution prices will mean a modest increase in the value of Bitcoin and a slight decrease in the price of Ethereum, so there is potential volatility.

“Volatility levels have remained consistent in level and shape throughout the post-Christmas period. A large portion of open interest in the market expired at the end of December, but it did not explode with sparks as some had expected. Instead, ETH volatility is down by more than 5 points, while BTC volatility is the same as since Christmas but slightly steeper,” Deribit shared.

However, even in the face of potential volatility, the market usually stabilizes quickly as traders adjust to the new price environment. With a large number of expirations today, traders and investors can expect similar results that may influence short-term market trends.