On Friday, March 14, about 35,000 Bitcoin options worth $2.9 billion will expire.

The launch is slightly larger than last week, but the main event is expected to take place on March 28. On this day, $11 billion of options will expire, which will be the largest expiration date of the quarter.
The impact on the spot market is likely to be minimal. Investors have already taken into account the US inflation data, which turned out to be lower than expected.
For the week, the ratio of put to call is 0.73. This means that there are slightly more bets on the upside than on the downside.
According to Deribit, most of the options focus on the following levels:
$1.6 billion to grow BTC to $100,000,
$1.4 billion, which is expected to rise to $120,000,
$850 million bet BTC to fall to $70,000.
Investors are actively discussing the possibility of BTC bottoming out. Some believe that $60,000 could be a key downside mark.
Despite the lower-than-expected inflation, traders were in no hurry to rejoice – the market ignored the news. In addition, $416 million worth of 220,000 Ethereum contracts expire today with a put/call ratio of 0.68. In total, crypto options expiring this Friday will reach $3.3 billion.
The crypto market continues to fall
On Friday, the cryptocurrency market fell 3.7%, and its total value now stands at $2.76 trillion.
BTC fell to $80,000 before rebounding slightly to $84,000 but remains under pressure. Analysts do not rule out a further decline to $70,000. ETH was weak – after falling to $1,830, the price failed to recover above $1,900.
In altcoins, the situation is ambiguous. ADA, PI, and HBAR posted significant losses, while XRP, BNB, TRX, and XLM saw slight gains. #BTC 行情分析