BTC and ETH Options Expiration Stabilizes Market with $2.4B Impact
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Options Expiration Impact: On January 9, approximately $2.4 billion in crypto options expired, representing only 7% of total open interest, yet Bitcoin and Ethereum's support levels at $90,000 and $3,000, respectively, eased downward pressure on prices.
- Surge in Trading Activity: Block trading accounted for over 70% of total volume, indicating strategic positioning by institutional and retail traders, suggesting heightened engagement and optimism regarding near-term price movements.
- Improving Market Sentiment: Despite sharp declines in Q4 2025, analysts note that market sentiment is gradually improving, reinforcing investor confidence as support levels for major tokens hold firm.
- Stable Implied Volatility: Bitcoin's implied volatility remains stable at around 40%, while Ethereum's has decreased to 55%, indicating reduced uncertainty for Bitcoin and moderated price swings for Ethereum, reflecting a more stable market environment.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
