<ul><li>Around 25,400 Bitcoin options contracts worth $2.8 billion set to expire on May 23, with a put/call ratio of 1.2 and max pain point at $103,000.</li><li>Market sentiment remains bullish on Bitcoin with key levels to watch at $110,000 support, $120,000 target, and longer-term targets of $150,000 to $200,000.</li><li>Additionally, around 201,000 Ethereum contracts worth $547 million are expiring with a max pain point at $2,400 and a put/call ratio of 1.23 on the same day.</li><li>Total crypto market capitalization has surged to $3.65 trillion driven by Bitcoin, hitting an all-time high near $112,000 while Ethereum hovers around $2,700, with positive performance from altcoins like Cardano, Hyperliquid, Avalanche, and Bitcoin Cash.</li></ul>

Will $2.8B Bitcoin Options Expiry Keep Markets Moving?

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