The market Around $3B in BTC and

$ETH options expire, and that usually means

volatility as traders close or roll positions.

Part of the recent relief came from softer U.S

inflation (2.4% vs. 2.5% expected) and

renewed Brazil reserve headlines. Shorts got

squeezed, open interest climbed, and prices

pushed higher. But sentiment is still sitting in

extreme fear. That's the kind of setup where

moves can flip quickly.

If Bitcoin wants to look stronger, it needs to

reclaim ~$68.4K and then push through

$70.6K. Until that happens, this feels more like

positioning around expiry than a real trend