BTC and ETH Options Expiry: Will Bitcoin and Ethereum Recover Now?

Bitcoin ($BTC) and Ethereum ($ETH) Options Expiry Today Price Impact

BTC and ETH Options Expiry is the key event shaping Bitcoin news today and Ethereum price action. On January 9, almost $2.4 billion worth of coins expired, creating pressure around important price points. 

With Bitcoin price close to $90,000, and Ethereum near $3,100, traders and market analysts are watching closely to see if this massive coin exit will change things or just pause the current trends.

BTC and ETH Options Expiry Data Shows Strong Price Pinning

According to Greeks.live on-chain data, Bitcoin options expiry today hit around 21,000 ground with a Put-Call Ratio of 1.07, indicating a bit of bearish sentiment. The max pain point for $BTC is $90,000, with a total value of $1.9 billion. 

On the other hand, 126,000 Ethereum options expired, showing a Put-Call Ratio of 0.88 and a max pain of $3,100, with $390 million in value.

Even though this expiry was small, making up only 7% of total open interest, it helps explain why BTC and ETH news feels calm despite recent ups and downs. 

Market makers usually prefer prices to stay around these levels until expiry is over.

What’s $BTC Price Impact? Holding $90K as Derivatives Pressure Eases

Right now, it is trading at $90,005, with 24-hour trading volume down nearly 9% to $39.3 billion as per TradingView price chart technical analysis. 

Data signals weak momentum but not panic. The Relative Strength Index (RSI) on the 2-hour chart is near 40, close to oversold, while the Moving Average Convergence Divergence (MACD) is bearish but flattening.

The impact of BTC and ETH Options Expiry is clear: prices are drawn toward $90,000. If it drops below this level, the next support levels are $88,800 and $87,500. If buyers can defend this level, Bitcoin 2026 price prediction for coming days might bounce back to $91,800–$92,500, and later on towards $95,000,. 

Traders should note that, for now, it seems neutral to slightly bearish until trading volume picks up again.

$ETH Price Impact: What Happened and What Next?

The altcoin is currently trading at $3,093, with volume down 11% to $21.23 billion. After the expiry event, the altcoin is holding up better than 'Crypto King', staying between $3,050 and $3,150 levels. 

Its RSI is higher, and the MACD shows selling pressure is fading. The max pain is still at $3,100, acting like a pull for the long-term Ethereum price prediction for 2026. 

If it stays above $3,100, it could go up to $3,180–$3,250. But if it drops below $3,050, it might fall to $3,000. In the short term, ETH price looks neutral-to-bullish compared to the “Crypto King”.

Expert View: Will Bitcoin and Ethereum Recover?

A crypto expert named Crypto Tice pointed out on its official X account that the $2.22 billion in BTC and ETH options expiring today can create volatility. 

Big expiries often keep prices pinned near max pain levels. But after this event, the pressure from hedging decreases, allowing for clearer price trends to form.
This expert’s analysis clearly shows that the assets have the potential to recover soon as long as their key support level holds.

Traders should note that Market insights are based on on-chain options data, technical indicators, and derivatives market behavior observed during January 9.

Conclusion

The BTC and ETH Options Expiry suggests that we are in a phase of consolidation, not collapse. The direction of the market now depends on trading volume, their support levels, and follow-through. Volatility may rise in the short-run, but crypto market watchers are bullish on long-term price estimates.

YMYL Disclaimer: This content is for informational purposes only and does not count as financial advice. Cryptocurrency markets can be volatile. Readers should do their own research before making any investment decisions.