📢 QCP Capital: Nearly $20 Billion in Bitcoin and Ethereum Options Expiring

Golden Finance reports that Singapore-based crypto investment firm QCP Capital states that nearly $20 billion in Bitcoin and Ethereum options will expire this Friday, accounting for nearly half of the total open interest on Deribit.

This event could trigger end-of-quarter volatility sell-offs, especially as spot prices remain stagnant and sellers continue to roll their short positions.

If BTC breaks above $100,000, volatility may remain stable; otherwise, altcoins may have an opportunity to catch up. Currently, BTC's market share is 58%, and it is essential to monitor whether funds flow into altcoins to confirm a trend shift.

Grayscale Research believes that the cryptocurrency market is in the middle stage of its cycle. As long as this asset class remains supported by fundamental factors, such as the expansion of use cases and a stable macroeconomic environment, the bull market could continue until 2025 and beyond.

The price of Bitcoin typically exhibits a noticeable four-year cycle, with upward trends often lasting for a period, while downward trends also persist.

Studying past price cycles can provide investors with insights, helping them understand Bitcoin's typical statistical characteristics, thereby improving risk management.

What are your thoughts on the upcoming expiration of Bitcoin and Ethereum options? How will the market fluctuate? Feel free to share your insights! 💬