Bitcoin and Ethereum trading prices are approaching the key options "max pain" level, with over $2.2 billion in cryptocurrency options expiring soon on the Deribit platform. Bitcoin is priced at $90,985, close to its $90,000 max pain point; Ethereum is at $3,113, above its $3,100 level. Analysts note that the Bitcoin options market is relatively balanced, suppressing volatility, while the heavier call option positions in Ethereum may lead to price increases after expiration. Traders are also closely watching the US December employment report and the potential market volatility from the Supreme Court's ruling later today on Trump's tariffs policy.
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Bitcoin and Ethereum trading prices are approaching the key options "max pain" level, with over $2.2 billion in cryptocurrency options expiring soon on the Deribit platform. Bitcoin is priced at $90,985, close to its $90,000 max pain point; Ethereum is at $3,113, above its $3,100 level. Analysts note that the Bitcoin options market is relatively balanced, suppressing volatility, while the heavier call option positions in Ethereum may lead to price increases after expiration. Traders are also closely watching the US December employment report and the potential market volatility from the Supreme Court's ruling later today on Trump's tariffs policy.