Today, the market is focusing on the expiration event of Bitcoin & Ethereum options worth over $3 billion, occurring around 3 PM (Vietnam time). This is a very sensitive time, as the market often experiences strong fluctuations just before and after the expiration moment.
📉 Latest price movement:
BTC just touched a local peak at $104,350, then started to slightly adjust around $102,350.
This indicates that selling pressure is emerging, although the overall trend is still upward.
🧠 Personal plan:
Expected position: Short
Desired entry: $106,600
Leverage: x7
Reason:
$106,600 is the liquidity zone on the W frame – easily targeted by sharks to 'sweep the top'.
A sudden price push (liquidity hunt) may occur before BTC adjusts sharply.
The market shows signs of being overbought after several consecutive days of increase.
As for ETH, I will observe and note the range of 2650 to 2750.
⚠️ Important warning
Trading during the options expiration period may be subject to slippage risk, increased spread, or being swept in both directions.
Do not rush to short if you have not entered the correct price zone as planned – let the market 'expose' its intentions first.
📌 Summary:
BTC is in a 'sensitive' phase, where news and liquidity can push prices to extremes before reversing.
$106,600 will be the key point I'm waiting to act – what about you?
Below is the expiration history of 27/3
