Nearly $3 Billion in Bitcoin and Ethereum Options Expire as Markets Test Breakout Conviction

Nearly $3 billion worth of Bitcoin and Ethereum options are set to expire on January 16. This puts derivatives markets in focus just as crypto prices test the strength of a recent rally. While Bitcoin has pushed decisively above a key technical resistance level, options positioning and volatility metrics suggest traders remain cautious about declaring the move a confirmed bull breakout. Options Expiry Puts Bitcoin’s Breakout to the Test According to Deribit data, the total notional value of options expiring today is roughly $2 source: https://beincrypto.com/bitcoin-ethereum-options-expiry-2026-2/