Options markets might stop Bitcoin's recovery

The weekly BTC and ETH options expiry on October 3 is one of the factors to threaten the current bull market. The next event on October 10 is also closely watched for potential volatility. Options markets may turn into a short-term pressure factor for the price of BTC. On October 3, a total of $3.3B in BTC options expired on Deribit, putting pressure on the recent crypto market recovery. The event was smaller compared to the $22B expiry at the end of September, but traders still attempted to push prices closer to maximum pain levels. The influence of Deribit options...