ETH: Crypto markets stay calm ahead of $4.3B in BTC & ETH options expiry 🛑

Over $4.3 billion in Bitcoin and Ethereum options is set to expire today, signaling cautious traders on Deribit. BTC trades above $92,300, with max pain at around $90,000. 🚀

Data shows a balanced calls and puts position, keeping the market steady amid recent FOMC retracements. Bitcoin recovered Friday, leaving most tokens below key resistance zones, boosting overall sentiment. 💎

While optimism prevails, options expirations often dictate price movements post-event. BTC stays centered around $90K level, with call interest near balance at $95K - $100K. 🌟

Ethereum is holding above its max pain zone at $3,250, with open interest of 237,879 contracts in favor of calls toward the $100K mark. ❌

Traders and investors are closely watching post-performance signs amid holiday sessions and year-end institutional repositioning. 🕒

What do you think will shape crypto's trajectory after this key expiry event? 👇

🤔 #ETH #ERC8004