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Nearly $3 Billion Bitcoin and Ethereum Options Expire, Testing Market Breakout
About $3 billion in BTC and ETH options are expiring today, highlighting caution despite recent price gains as traders test breakout conviction.
Nearly $3 billion worth of Bitcoin and Ethereum options are set to expire today, putting crypto derivatives markets in focus as prices test recent gains. Bitcoin has pushed above key resistance levels, but options positioning suggests traders remain cautious about declaring a confirmed breakout. Ethereum contracts appear more balanced with range-bound action, highlighting that broader conviction is still uncertain across major digital assets.