🔍 Bitcoin Traders Brace for June Options Expiry Around $20B–$14B Mark!

Traders are zeroing in on June 27–28, when a colossal $14–20 billion in BTC options expire—representing over 40% of Deribit’s open interest . With call OI (~$11.2B) outpacing puts (~$8.8B) and $7.1B in puts at or below $101K, bulls seem to have the edge .

Yet, the rising put/call ratio around 0.72 suggests traders are using cash-secured puts—not fear—as income-generating tools . That mix of hedging and strategic positioning is setting up for intensified volatility.

📈 If BTC holds support near $105K–$107K, we could see a breakout toward $110K+. But failure to do so might trigger a slide to test key floors in the low six figures.

Stay tuned—expiry could ignite a fresh wave of moves. 💥 #Bitcoin #Crypto #OptionsExpiry