#OptionsExpiry #crypto 📉 Will we break through resistance? Today is the expiration of crypto options for $2.1 billion!
Today is Friday, April 17, 2026, which means the traditional expiration of options on BTC and ETH. While the spot market is trying to hold on to recent gains, let's see if there is enough fuel for a breakout.
🟠 Bitcoin (
$BTC ): The fight for $75,000
• Volume: ~22,200 contracts expiring for $1.66 billion.
• Put/Call Ratio: 1.0 — the bulls and bears are now completely equal.
• Max Pain: $71,000. Since the current price is higher, some contracts may close "out of the money".
• Open Interest (OI): Most bets ($1.5 billion) are concentrated at $80,000, but bears are holding positions at $60,000.
🔵 Ethereum (
$ETH ): Moderate growth
• Volume: ~196,000 contracts for $460 million expire.
• Max Pain: $2,250. Ether is currently trading around $2,345, up 7% for the week.
📊 What analysts are saying?
According to Greeks Live, despite the price recovery, expected volatility (IV) is decreasing. The market is entering a consolidation phase. Major players have reached a consensus: low volatility is becoming the new trend.
🚀 Market Status
Total capitalization reached a 10-week high of $2.64 trillion, but ran into strong resistance.
• Bitcoin is trying to consolidate above $75,000.
• Alts: The market is mixed. While XRP and Solana are showing moderate gains, the real star is MemeCore, which has surged 32%.
⚠️ Conclusion: Since today’s expiration volume is smaller than last week, no radical shocks are expected directly from options. However, the market is at an important resistance point - any momentum could determine the movement for the next week.