Bitcoin options (derivatives that let traders buy or sell at set prices) are pricing in only about a 2.6% move over the weekend, suggesting a relatively contained near-term range even as the market's key technical levels sit beyond that band. The setup leaves traders watching $67.3K on the upside, where a break could open a path toward $70K-$72K, and the $62K-$63K area on the downside, where a failure would put $60K at risk. Hormuz tensions add a potential catalyst for fresh volatility, underscoring how macro stress can quickly overpower a calm options market.