Calm Before Potential Volatility

Bitcoin is trading around $107,400 as the market prepares for a high-impact $40 billion options expiry scheduled for this week. Although price movement has been modest, analysts expect this expiry event to potentially trigger increased volatility in both spot and derivatives markets.

Institutional Inflows Stay Resilient

Despite the quiet price action, Bitcoin ETFs continue to attract institutional capital. Assets under management in US spot Bitcoin ETFs remain above $55 billion, a strong indication of continued demand. This institutional support has helped stabilize Bitcoin’s price in the face of broader economic and regulatory uncertainty.

Ethereum ETFs Show Signs of Weakness

Unlike Bitcoin, Ethereum appears to be under pressure. Spot ETH ETFs have seen several days of net outflows, reflecting investor caution. The price of ETH dropped roughly 15% in June, falling below $5,500. Upcoming token unlocks and unclear regulatory signals may be contributing to the weaker sentiment.

Market Outlook

Traders are closely watching the outcome of Friday’s expiry. A stable or rising Bitcoin price could lead to a bullish breakout, while significant selling could cause a short-term correction. Technical analysts are eyeing key support levels as a guide for the next market move.

Conclusion

Bitcoin continues to show strength through consistent ETF inflows, while Ethereum struggles to maintain momentum. The $40 billion expiry is a key event to watch, as it could shape short-term sentiment across the entire crypto landscape.