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