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Tomorrow is the quadruple witching expiration day, and it seems like both exchanges and the community have been discussing it lately. Days when multiple contracts expire simultaneously, like during quadruple witching, have historically been prone to market volatility. Everyone has probably felt Bitcoin's performance over the past couple of days.
Many people are preparing, some adjusting their positions, and others observing on-chain data and futures holdings. How much impact quadruple witching will actually have, no one can say for sure, but market participants are definitely paying close attention. Such times often see unexpected price movements, so many traders are being cautious.
It feels like tomorrow could be quite interesting; let's see how the market reacts then.