$10.6 Billion Worth of Bitcoin Options Expire This WeekBitcoin / US DollarCOINBASE:BTCUSDVili_Wealth_PlanA large number of Bitcoin options, with a notional value of approximately $10.6 billion, expire this Friday. Currently, about 80% of open interest is out-of-the-money, primarily concentrated around $60,000 put options and $80,000 call options. This means that current holdings are significantly deviating from the current price. $60,000 is also considered a crucial price level that has been tested multiple times this month, affecting both market sentiment and whether short-term support can be maintained. Outflows from Bitcoin ETFs have slowed over the past two weeks, providing some buffer to the market. However, the overall market remains weak. The market is currently watching to see if Bitcoin can regain its footing above $63,000 and hold within the high-trading range of $60,000 to $63,000.