This afternoon at 4 PM marks the largest options expiration in history, with BTC options expiring over 20 billion in volume.

The biggest pain point for BTC is at 95,000. Based on the current price, it would require significant capital to push BTC up to 95,000. However, with a clear dominance of call option open interest, even if it doesn't reach 95,000, a slight rally could cause many put options to be abandoned.
Therefore, purely from an options perspective, a major volatility is expected today, with a higher probability of an upward move.
Considering the timing, since the settlement occurs at 16:00, the closer to the expiration time, the more likely volatility becomes.