TechFlow News: According to Deribit, on January 30, over $9.5 billion worth of cryptocurrency options will expire at 08:00 UTC tomorrow. Among them, BTC options contracts amount to $8.27 billion, with a put/call ratio of 0.54 and a maximum pain price of $90,000; ETH options contracts amount to $1.27 billion, with a put/call ratio of 0.74 and a maximum pain price of $3,100.
Deribit analysis notes that BTC is currently consolidating near the $90,000 level. Although the overall market remains bullish, demand for downside protection among traders has clearly increased, reflecting cautious market sentiment. The analysis suggests this options expiry may amplify volatility around key price levels—particularly in the vicinity of the maximum pain price.
