<ul><li>Around 26,000 Bitcoin options contracts will expire on Friday, April 4, with a notional value of roughly $2.1 billion.</li><li>This week's expiry event is smaller than the previous one and is expected to have minimal impact on spot markets.</li><li>The put/call ratio for Bitcoin options is 1.27, indicating bearish sentiment, with a max pain point of $85,000.</li><li>The overall crypto market is experiencing a decline, with Bitcoin and Ethereum showing weakness and altcoins following the bearish market sentiment.</li></ul>

Crypto Options Traders Turn Bearish as $2.5B Expiry Event Looms

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