Breaking news📣📢

At 4 pm on June 28, Bitcoin options worth $6.65 billion and Ethereum options worth $3.56 billion will expire and be delivered.

This drama can be said to be the highlight that everyone is paying attention to. First of all, the scale of Bitcoin options expiring is very large, $6.65 billion. Coin friends can imagine that it will determine the future price trend of Bitcoin. Some people may think that this is like a gamble, and the stakes are too high! But don’t forget that the options market is definitely not just gambling. It is a very important tool for institutions and big investors to hedge risks and layout strategies.

Let’s take a look at the Ethereum options. $3.56 billion is not a small amount. What impact will these expiring options have on the market?

Brother Mao will analyze it briefly with everyone. First: it is price fluctuations. The breakup of longs and shorts may cause violent price fluctuations! In particular, the prices of big cake and second cake may fluctuate greatly in the short term. Brother Mao reminds everyone to fasten their seat belts.

Second: Market sentiment. The expiration and delivery of options often affect the market sentiment. For example, if the prices of big cake and second cake are higher than the strike price at expiration, many longs will choose to exercise their rights, thereby pushing up the spot market price. On the contrary, short exercise will lower the market price.

At 10:20 this morning, Brother Mao publicly announced that 3406 is not the bottom. Are you still holding those longs? Now it has fallen to 3354. Do you believe Brother Mao?

Today's Brother Mao's strategy: Rebound to around 3410 to take the short position. It will definitely fall below 3200 this week. The stop loss is 50 points of the opening price!

Remember that the market has ups and downs. The important thing is to keep calm and analyze rationally. I am the most stable analyst. Brother Mao shares real-time strategy data for free every day. Remember to follow before leaving! #热门话题 #币安合约锦标赛 #欧洲杯开赛 #ETH🔥🔥🔥🔥 #期权到期 $ETH