Singapore crypto investment firm QCP Capital stated that after the market experienced a washout last week, it is now maintaining sideways volatility. This Friday, nearly $20 billion in Bitcoin and Ethereum options will expire, accounting for nearly half of Deribit's total open interest.
The options expiration could trigger end-of-quarter volatility sell-offs, especially in the context of sideways trading and sellers continuing to roll their short positions.
If Bitcoin breaks $100,000, volatility may remain stable; otherwise, altcoins may see a catching-up opportunity. Currently, Bitcoin's market share is 58%, and it is essential to monitor whether funds flow into altcoins to confirm a trend shift.
