#比特币流动性 Today, Bitcoin options market experiences the largest expiration day of the year, with approximately 300,000 BTC options set to expire, corresponding to a notional value of up to $23.7 billion. Combined with Ethereum and other mainstream cryptocurrencies' options exposure, the total market notional value has approached $28.5 billion, doubling compared to the same period last year. From a technical perspective, Bitcoin has repeatedly faced resistance near the Vegas channel on the 4-hour chart, and this is the sixth time testing this level. Previous attempts ended with a pullback; will this time rewrite history? The market's widely recognized pain point is around $95,000, but there is still some distance to break through. For those without positions, it might be wise to observe the trend after the expiration, wait for the market to settle before looking for entry opportunities, as options expiration days often bring volatility. $BTC $ETH $SOL