币界网报道：Bitcoin traded narrowly around $107,500 with a 0.2% dip ahead of Friday's major quarterly options expiry, as Deribit CCO Jean-David Péquignot noted $40 billion in BTC options open interest—38% expiring this week. The max pain price sits at $102,000 with a put/call ratio of 0.73. Bitcoin's implied volatility dropped to 38% from April's 50%, signaling growing confidence in its macro-hedge role, though put-call skews show no clear short-term trader bias. Péquignot highlighted $105,000 as a critical support level, with low perp open interest and subdued volatility suggesting muted price action expectations. Meanwhile, crypto stocks like Core Scientific surged 33% on acquisition rumors by CoreWeave, while Coinbase and Riot Platforms gained 5%-7%.