BTC and ETH are approaching the biggest pain point for options, with $2.2 billion in contracts about to expire

【Crypto World】Bitcoin just hovered around $90,985, and the key level of $90,000 is exactly the "biggest pain point" in the current options market — in other words, traders are watching it closely. The situation with Ethereum is similar; the current price of $3,113 has already surpassed the pain point level of $3,100.

This options expiration is significant — over $2.2 billion in contracts are set to be settled on a major derivatives platform. Interestingly, the options market for Bitcoin appears relatively balanced, with bullish and bearish forces roughly equal, which suppresses volatility spikes. But Ethereum is different; the open interest in call options is noticeably higher, and once they expire, it could likely push the price upward.

Currently, traders are focusing on two things: when the December US employment data will be released, and tonight’s Supreme Court ruling on Trump’s tariffs. Both events could shake the market and cause considerable volatility. The combination of options expiration and macroeconomic expectations suggests that the coming days could be quite interesting.