Over 4.3 billion dollars worth of $BTC and $ETH options are expiring today. This is one of those moments when the entire market holds its breath because big expiry days have a habit of shaking things up in ways traders do not expect.

BTC max pain sits at 90K and ETH max pain is around 3.1K. These levels often act like magnets during expiry because market makers try to pull price toward the zone where the most contracts expire worthless. That is why traders usually stay alert and ready for sudden swings.

The interesting part is that both BTC and ETH have been showing signs of strong positioning from both bulls and bears. With such a huge notional value expiring today, liquidity pockets can get hit quickly and aggressive moves can appear out of nowhere. It is one of those sessions where even a small push in either direction can create a chain reaction.

Many traders expect whipsaws, fake breakouts and quick retests around key support and resistance levels. If you are trading today, this is a good time to keep stops clean, avoid emotional entries and let the market show its hand first. These expiry days often create opportunities but only for those who stay patient and read the momentum carefully.