The post Crypto Market Braces for Volatility as BTC, ETH Options Expiry Collides $7.1 Trillion ‘Triple Witching’ appeared on BitcoinEthereumNews.com.

Crypto market traders are bracing for heightened volatility and a potential crash as Bitcoin and Ethereum options expiry coincide with Friday’s ‘Triple Witching’ event. What’s next for BTC price and the broader crypto market? Over $3 Billion in Bitcoin and Ethereum Options Expires Today According to crypto derivatives exchange Deribit data, more than 30K BTC options of notional value $2.6 billion to expire today. Open interest volume has dried up as traders adjust positions with a decline in implied volatility and upcoming holidays, with a put-call ratio neutral at 0.75. Moreover, the max pain price is at $88,000 and the probability of expiring above the $88K strike price is significantly lower, as per the data. Traders expect the BTC price to remain between $85K and $88K until the massive December 26 options expiry. “BTC open interest is concentrated around 88K, with slightly heavier put positioning, pointing to a relatively contained expiry unless spot breaks range, Deribit highlighted. BTC Options Open Interest. Source: Deribit Meanwhile, 160K Ethereum options with a notional value of almost $500 million are set to expire today. The put-call ratio is 1.02, indicating bearish sentiment among traders amid sudden price swings. The max pain point is $3100, above the current market price around $2950. Moreover, traders are targeting a drop in prices to $2,850 in the coming days. In the last 24 hours, call volume has remained significantly higher than put volume. The put-call ratio is 0.70, indicating positive sentiment among options traders currently. Deribit claims ETH positioning is more distributed across strike prices, with notable upside interest above $3,400. The current positioning signals traders’ patience into settlement, awaiting a clearer catalyst rather than forcing direction. ETH Options Open Interest. Source: Deribit Crypto Market Braces for Downside Risks According to Goldman Sachs data, markets expect sharp moves…

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Filed under: News - @ December 19, 2025 10:27 am