The market Around $3B in BTC and $ETH options expire, and that usually means volatility as traders close or roll positions. Part of the recent relief came from softer U.S inflation (2.4% vs. 2.5% expected) and renewed Brazil reserve headlines. Shorts got squeezed, open interest climbed, and prices pushed higher. But sentiment is still sitting in extreme fear. That's the kind of setup where moves can flip quickly. If Bitcoin wants to look stronger, it needs to reclaim ~$68.4K and then push through $70.6K. Until that happens, this feels more like positioning around expiry than a real trend