Ether (ETH) Faces Pressure Ahead of $6B Options Expiry on Dec 26
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 24 2025- Price Stagnation: Ether has failed to maintain prices above $3,400 for the past 40 days, raising concerns among traders that bears may continue to dominate the market, negatively impacting investor confidence.
- Options Expiry Pressure: A total of $6 billion in Ether options will expire on December 26, with call options outnumbering puts by a factor of 2.2, potentially exacerbating market volatility, especially if prices do not break above $3,100.
- Market Expectation Imbalance: Despite traders' optimistic year-end price expectations concentrated between $3,500 and $5,000, most of the $4.1 billion in call options are likely to expire worthless, reflecting the fragility of market confidence.
- Key Support Level: If Ether trades above $2,950 on Friday, over 60% of the $1.9 billion in put options will expire worthless; however, as long as prices remain below $3,200, bears will maintain an advantage, potentially leading to further deterioration in investor sentiment.
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.
