Today, over $4 billion worth of BTC and ETH options contracts are set to expire.

This isn’t your usual Friday—it’s the “reckoning moment,” where both bulls and bears go all-in, ready for a real showdown.

Options expiration day is never a quiet exit; it’s a mandatory “showdown at the table”—

**Whale Brawl**
This $4 billion isn’t a playground for retail investors; it’s an arena for institutional players. In order to make their own contracts profitable, they’ll do whatever it takes to push or drop spot prices to the most favorable positions before expiration. This is a bare-knuckle contest of capital.

**Critical Price Battle Lines**
The strike prices of options are the high ground on the battlefield. Today, the market will see tug-of-war action around several key round numbers (like certain thousand-dollar marks for BTC), with volatility so wild it might make you think there’s a bug in the price feed.

**The Storm Isn’t the End—It’s the Beginning**
After expiration, old positions are closed and new bets are immediately set up. History shows us that the real big moves rarely erupt on expiration day itself, but rather explode within 24-48 hours before or after.

**What Should You Do Today?**
If you’re holding a position, the safest play is to watch more and act less. Expirations of this scale are often accompanied by sudden one-sided moves and liquidity vacuums. Don’t fantasize about perfectly buying the dip or selling the top—you could easily get caught on both sides and crushed.

Remember this: On options expiration day, you’re not trading value—you’re trading the survival instincts and game inertia of a group of whales.