A massive $2.3 billion $BTC Bitcoin and $ETH Ethereum options expiry is putting crypto markets to the test. The big question: can today’s more options-heavy market handle the pressure without flipping back into wild, casino-style price swings?
Unlike past cycles driven by over-leveraged futures, traders now rely more on options and hedging. In theory, that should smooth out volatility. But prices are sitting uncomfortably close to key levels — around $92K for Bitcoin and $3.2K for Ethereum — making this expiry a real stress test.
If BTC and $ETH hold above those levels after settlement, it would suggest the market is maturing and volatility is becoming more controlled. If they don’t, it could reveal that this new “stable” structure is still more fragile than it looks.
In short: this expiry isn’t just about price — it’s about whether crypto has really grown up.
