🔥 Long/Short traders pay attention!
Today, the options market $BTC has a massive total value of up to 12 billion dollars that will expire at 3 PM this afternoon. The Max Pain point is at 85K – this is the price at which the option writers feel the most "pain" because they lose the most.
Currently, BTC is approaching the Max Pain zone, and there is a high likelihood of strong fluctuations before and after the expiration time. If by 3 PM the price closes above 85K, the long side will benefit, and there is a possibility that the market will gain additional upward momentum after expiration.
Closing price above 85K → $BTC likely to be profitable, more capital inflow
Please manage your positions, watch the timing, and avoid being swept into the wave. This wave can be very large!
Wishing you steady hands on the oars! 🚀
