Massive market movement incoming! ๐ฅ Over $2.73 billion worth of Bitcoin and Ethereum options are set to expire today, potentially triggering wild volatility!
๐น Whatโs Happening?
Options expiry means traders must decide whether to exercise or let their contracts expire. This can lead to heavy buying/selling pressure as whales reposition their portfolios.
๐น Why Does It Matter?
Liquidity spikes ๐
Sudden price swings โก
Potential liquidation cascades ๐ฑ
๐น Key Levels to Watch
Bitcoin and Ethereumโs price action around major strike prices could influence the next big move. Will the market pump or dump? ๐ค
Traders, are you bullish or bearish today? Drop your predictions below! โฌ๏ธ