BTC: 19,000 Options Expire at $63K Max Pain

BTC saw 19,000 options expire with a 0.9 put-call ratio and $63,000 maximum pain point worth $1.2 billion notional, while ETH recorded 123,000 expirations at a 1.61 put-call ratio and $1,800 max pain for $230 million notional.

Bitcoin held above $60,000 inside the $60,000-$65,000 range for over a month as U.S. stock swings in names like SpaceX left crypto untouched; open interest dipped 5 percent on low volatility, with GEX clusters at 64K and 70K for BTC and a dispersed 1,825-2,000 zone for ETH.

ETH price action on the 4h chart sits at $1857.3 above the EMA50 support at $1828.48 and EMA200 at $1768.29, yet the MACD death cross at 18.97 signals fading momentum while RSI at 49.89 stays neutral inside the Bollinger bands; with price testing upper resistance near $1966.06, a measured pullback toward the $1828 EMA50 level aligns with the $1800 options max pain before any continuation attempt.