The post Bitcoin traders pile into $75K bets as March options expiry dominates open interest appeared on BitcoinEthereumNews.com.

Bitcoin is approaching a critical resistance level as the derivatives market clusters heavily around $75,000 call options, ahead of a major options expiry later this month. Data from Greeks.live shows that quarterly options expiring on 27 March account for more than 40% of Bitcoin’s total open interest. This marks one of the most concentrated expiry events in recent months.  The buildup suggests traders are positioning for a decisive move as BTC trades just below the widely watched $75K level. At the time of writing, Bitcoin was trading around $73,600, putting the market within striking distance of the key options strike. Bitcoin Options positioning centers around March expiry The latest options data reveals a clear skew toward bullish positioning. Total call options stand at roughly 284,590 BTC, compared with 192,919 BTC in put options, leaving the put-to-call ratio at around 0.68. A ratio below 1 generally indicates that traders are placing more bets on price gains than declines. Source: X More notably, the 27 March expiry dominates the options landscape, accounting for roughly 41% of total open interest. A large portion of this exposure is concentrated in $75,000 call options, with single contracts at that strike representing more than 5% of total positioning. Such concentration effectively creates a major derivatives battleground near the $75K level. A “gamma wall” forming at $75K Analysts from Greeks.live describe the buildup as a “gamma wall”, a scenario where a large number of options contracts cluster around a specific strike price. When this happens, market makers’ hedging activity can significantly influence short-term price action. If Bitcoin breaks above $75,000, option sellers may be forced to hedge their exposure by buying BTC, potentially accelerating upward momentum in what is commonly known as a gamma squeeze. On the other hand, failure to break through the level could see…

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Filed under: News - @ March 16, 2026 8:29 pm