Today, $3 billion in Bitcoin (BTC) and Ethereum (ETH) options expire, potentially causing significant market volatility. Bitcoin options worth $2.29 billion expire with a max pain point at $97,000, while Ethereum options worth $581 million expire with a max pain point at $3,500. Bitcoin's recent correction to $97,693 was driven by overleveraged positions and profit-taking. Ethereum shows a bullish outlook with a put-to-call ratio of 0.63. Analysts caution about potential market pullbacks due to high funding rates and hedging against declines. #Bitcoin #Ethereum #Crypto #Options #Volatility