Crypto overview: Markets calm as $4.3B in BTC and ETH options expire

Crypto overview: Markets calm as $4.3B in BTC and ETH options expire

The post Crypto overview: Markets calm as $4.3B in BTC and ETH options expire appeared on BitcoinEthereumNews.com.

Over $4.3 billion in Bitcoin and Ethereum options will expire today, December 12. BTC trades above $92,300, with a maximum pain level at around $90,000. Data shows balanced calls and puts, signaling a cautious stance among traders. Cryptocurrencies remained elevated on Friday as Bitcoin recovered from post-FOMC retracements. While most tokens trade below their key resistance zones, today’s gains brightened the mood across majors as uncertainty dominates even after the highly anticipated December 10 rate cut. Amidst the optimism, the primary story remained the over $4.3 billion in Bitcoin and Ethereum options expiring today, on December 12. With BTC price pinned above $92,300, analysts believe the event could shape the broader market’s trajectory as we close 2025. Markets steady amid balanced expiry Deribit revealed a curiously balanced options board, with 18,974 call contracts and 20,852 put contracts, for a combined open interest of 39,826. Most importantly, a 1.10 put-call ratio confirms balance, with neither side dominating the market. Clearly, there are no aggressive actions or euphoric calls that generally herald parabolic moves. Rather, traders have positioned themselves to keep price fluctuations predictable and tight. And that seems to work, as Bitcoin and Ethereum traded calmly as billions in notional value near a deadline. Deribit analysts stated: BTC positioning is tightly centered around the $90K level. Call and put interest sit in near balance, suggesting traders expect a contained expiry after the recent range-bound tape. $90,000 as the magnet The crypto community’s attention remained on the max pain region of $90,000 – where options bulls stand to suffer. Generally, whales or market movers drive prices toward max pain. Meanwhile, Derbit’s chart shows puts stacked massively between $75,000 and $85,000, with call interest heavy at $95,000 – $100,000. Thus, Bitcoin is hovering at the most balanced region of around $90,000 – $92,000.…