Ethereum leads as options expiry looms over crypto market

Cryptocurrency analytics firm Greeks.live reported on X significant options settlements on Nov. 29, with 98,000 BTC options expiring at a maximum pain point of $80,000 and 412,000 ETH options at $2,900. Bitcoin’s push to $100,000 stalled, while Ethereum led market gains. With over 20% of positions expiring this week and 40% set to expire next month, volatility may rise during the holiday season. While market sentiment remains optimistic, institutions show caution, recalling late 2020's market dynamics.