🚨 13 billion dollars
$BTC expiration of upcoming options – is it a game changer? 🚨
143 thousand BTC options are about to expire today (Put/Call ratio: 0.51 – calls dominate the board). The maximum pain is set at 98 thousand dollars, which means the market may settle there to reduce the pain of traders.
This is a time of chaos: traders are shedding leverage, institutions are rebalancing their portfolios, and volatility is ready to explode. The expiration hour (08:00 UTC on Deribit) may see sharp fluctuations – we have seen moves of 5-10% from these events before.
But here is the real alpha: the dust settles after that, and this is where fortunes fluctuate.
- Will it stay above 98 thousand dollars? Bulls roar – opening the path for a re-test of 105 thousand dollars+ and a new ATH hunt. The strength is confirmed, FOMO ignites again.
- Will it drop below? Bears feed – a quick flow to support at 92 thousand dollars, possibility of a re-test of 90 thousand dollars if momentum increases.
BTC is freezing around 91.5 thousand dollars now – much lower than the maximum pain, so the upward pull may launch strongly if buyers increase. Eyes on market volume and OI unwind.
Take your position accordingly, but don’t get wrecked. What is your plan? Long or loading the dip?
NFA – DYOR, friends.
#Bitcoin #BTC #OptionsExpiry #Crypto