$20B Options Expiry: Will BTC Break 100K or Alts Steal the Show? đ
As markets remain subdued heading into the holidays, a massive options expiry this Fridayâworth nearly $20B across BTC and ETHâhas captured attention.
This expiry constitutes almost half of #Deribit âs open interest. While a post-expiry volatility selloff is possible if BTC spot prices remain range-bound, a decisive break above $100K could sustain volatility. Additionally, BTCâs struggle below $100K might pave the way for #altcoins to gain traction, particularly if BTC dominance drops below 58%. ETHBTCâs recent bounce off 0.032 support adds to this rotation narrative.
Altcoins season is starting now!
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