Bitcoin prices have exceeded $110,000, and option needs are increasing.

The Bitcoin Market is Drawing Attention

Bitcoin (BTC) prices have crossed the $110,000 level, creating excitement among investors. This rise is particularly drawing attention ahead of the upcoming $13 billion options expiry.

The current trading levels indicate that market participants hold a net negative gamma position. This situation suggests that price fluctuations may increase. The options expiry taking place on Friday is viewed as a period during which investors will reassess their strategies.