๐ข *REMINDER:*
*5.1 BILLION worth of Bitcoin Ethereum options expire today* ๐งจ๐ฐ
This is a *major event* for the market. Hereโs what it actually means and why you should care ๐
๐ *What are options?*
Options are contracts giving traders the right to buy or sell crypto at a set price before a certain date. When5B+ worth expire, it signals a huge shift in *open interest, volatility*, and market sentiment.
๐ฅ *Why it matters today:*
- Large expiries often cause *increased volatility* just before and after expiration
- Whales and institutions tend to *hedge, roll over, or settle* their positions โ which can trigger big moves
- Depending on whether calls (bullish bets) or puts (bearish bets) dominate, we could see *price manipulation attempts*
๐ *Price Predictions & Scenarios:*
- If *BTC & ETH stay above max pain levels*, bulls gain confidence โ price may push higher ๐
- If prices drop to max pain, itโs likely manipulation to cause *maximum option loss for retail traders*
- Expect *strong reaction post-expiry* โ potential breakouts if buyers step in after the event
โ ๏ธ *Stay sharp:*
- Donโt make impulsive trades during expiry hours
- Watch *volume, order books*, and *key levels* โ especially around BTCETH support/resistance zones
๐ *Bottom Line:*
This $5.1B expiry is one of the largest in months โ how price reacts *after* will reveal the marketโs next big move. Stay ready. ๐ฏ