The largest Bitcoin options expiration in history is set to occur tomorrow, with approximately $23.6 billion in BTC options due to expire. This significant event is anticipated to increase short-term volatility as market makers adjust their hedges. Analyst Murphy highlights the potential for sharp price swings, which could disrupt existing support and resistance levels until new market positions are established. The Bitcoin price, currently facing a critical test, may experience a rebound if it falls to the $80,000–$82,000 range. Emerging bullish divergence suggests a short-term recovery could follow the current pullback, offering potential opportunities for traders amid the anticipated market fluctuations.