Since Bitcoin has risen 1.29% from June to now, many people might feel that there's nothing to worry about, just wait it out. But in fact, a storm may be brewing.
Today, over $3 billion worth of BTC options are set to expire! What does this mean? Simply put, it's like a ticking time bomb that could trigger significant market fluctuations at any moment.
Currently, the liquidation chart shows that the maximum pain point is at 107,000. Only if BTC stands at this position can those caught halfway up the mountain safely exit, but right now Bitcoin is only fluctuating around 105,000.
In terms of capital flow, there has been a total inflow of 650 million in the past three days, all from traditional institutions and spot contrarians. It seems like funds are flowing in, but to achieve a strong rebound in BTC in the short term, it still lacks some momentum.
If it cannot quickly rebound above 107,000 in the short term, there may be a wave of downward movement coming next. $BTC #币安HODLer空投HOME #币安Alpha上新 #加密圆桌讨论