The open interest in Bitcoin's perpetual futures markets has been steadily rising, indicating increased trading activity and potentially signaling a price breakout. Bitcoin and Ethereum options worth $2.04 billion are set to expire, which could lead to heightened market volatility as traders adjust their positions. The maximum pain price, the level at which the most options expire worthless, is $98,000 for Bitcoin and $2,700 for Ethereum. Bitcoin is currently trading around $98,774, with support levels between $91,000 and $95,000 and resistance near $103,900. If Bitcoin surpasses $100,000, it could generate bullish momentum, while falling below $91,000 may lead to further declines. Traders are closely monitoring these levels amid increased activity in futures and options markets.



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