Cryptocurrency Price Forecast/ Bearish Cryptocurrency Market

Bitcoin drops to $79,184, Ethereum to $2,096 as $5.8B in options expire and Trump’s tariffs shake markets. Some Traders see a buying opportunity!

Bitcoin Falls to $79,184, Ethereum Drops to $2,096 as Trump’s Tariffs and Options Expiry Weigh on Markets!

The cryptocurrency market is highly active due to internal and external factors influencing price movements. Internally, a massive expiration of Bitcoin and Ethereum options is shaking up trading dynamics. Bitcoin options worth $4.68B are expiring, with traders favoring call options despite Bitcoin’s sharp decline. The price of Bitcoin has dropped to $79,184, the lowest in a year. ETH is also struggling, trading at $2,096 as $1.109B in options expire.

These price declines can also be attributed to external pressure, such as new tariffs announced by President Trump. Although the bearish cryptocurrency market is evident, traders remain optimistic. Some investors see this drop as a chance to buy in the dip, contradicting the current market trend. This sentiment highlights the ongoing tension between trader confidence and actual market conditions.

Bitcoin Options Worth Over $4 Billion Nearly Expired

The cryptocurrency market faces a crucial day as Bitcoin options are set to expire in massive amounts. According to Graph 1, About $4.68 billion in Bitcoin options, covering 58,633 contracts, will soon expire. The put-to-call ratio stands at 0.71, suggesting traders expect prices to increase rather than decline. Despite this optimism, BTC’s market price has dropped significantly to $79,184, much lower than expected. 

Graph 1 – provided by Deribit, published on Tradingview on Feb 28, 2025

This Highlights how market sentiment can shift quickly, altering the cryptocurrency price forecast within hours. As such, Investors must navigate these fluctuations carefully to avoid unexpected losses. BTC is not alone in this trend, as some other major assets are facing unexpected downturns despite bullish predictions.

Ethereum’s $1.1 Billion Options Expiry Amid Market Slump

Ethereum is also experiencing a high number of expiring options today. Graph 2 shows that 527,277 Ethereum options contracts worth $1.109 billion are maturing. The put-to-call ratio stands at 0.52, indicating stronger bullish sentiment among traders compared to BTC. In contrast to this expectation, ETH’s price has significantly dropped, reaching $2,096, marking a nearly 10% decline. 

Graph 2- provided by Deribit, published on Tradingview on Feb 28, 2025

This highlights how, despite the optimism from expiring options, the downtrend continues to influence trading behavior, leading to drops in price. Broader economic uncertainties are also contributing to a bearish cryptocurrency market, impacting Ethereum and other digital assets.

How Geopolitical Tensions Impact Crypto

New tariffs from U.S. President Donald Trump are also shaking the market. He announced continued tariffs on Canadian and Mexican imports, and he imposed a 10% tariff on Chinese goods, intensifying economic concerns. These trade policies have created uncertainty, impacting risk assets like cryptocurrencies. 

Such geopolitical tension further complicates market trends as many fear a slowing global economy due to these tariffs. This fear pushes investors away from high-risk assets, including cryptocurrencies. As investors react to global economic shifts, the cryptocurrency price forecast becomes harder to predict. Despite such challenges, some market participants remain positive about this price drop and see it as a lucrative opportunity.

Market Dip or Perfect Entry Before a Crypto Rebound

Despite the ongoing decline and economic uncertainty, crypto traders remain surprisingly optimistic. 

Graph 3- provided by Sentiments tracker, published on Tradingview on Feb 28, 2025

Graph 3 shows that Sentiment’s analysis reveals a “very high level of confidence” among traders. They believe this market dip presents a prime buying opportunity. This is highlighted by the highest interest in low-price purchases in the past seven months. Such optimism in a bearish market suggests a possible rebound or price stabilization.