Bitcoin and Ethereum are trading close to their maximal pain points amid $2.2 billion in options expiring on Deribit, suppressing volatility. Investors face significant macroeconomic catalysts including the US nonfarm payroll report and a Supreme Court ruling on Trump-era tariffs, contributing to market uncertainty. The options expiry is expected to release pent-up volatility, with clearer directional trends anticipated post-expiry.
