Around 26,500 Bitcoin options contracts worth $2.7 billion are set to expire on Friday.The put/call ratio for the Bitcoin options is 0.99 with a max pain point at $100,000.Market participants are divided on Bitcoin reaching a new all-time high, with caution due to market appearing overextended at $105k.Total market capitalization has declined by 2% to $3.45 trillion, with Bitcoin maintaining gains and Ethereum trading flat at $2,570.