Singapore's cryptocurrency investment firm QCP Capital stated that after last week's market washout, spot prices have remained in a sideways trend. This Friday will see the expiration of nearly 20 billion dollars in Bitcoin and Ethereum options, accounting for almost half of Deribit's total open interest. The expiration of options could trigger quarter-end volatility sell-offs, especially when spot prices are consolidating and sellers continue to roll their short positions. If BTC breaks through 100,000 dollars, volatility may remain stable; otherwise, altcoins may have a chance to catch up. Currently, BTC's market share is 58%, and it is important to monitor whether funds are flowing into altcoins to confirm a trend shift.