Lusionwolf
Deep thinker at the intersection of crypto, energy, and emerging tech. Breaking down market trends, blockchain disruptions, and the future of digital assets
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$BTC
Bitcoin is hovering around $87,459, down about 2.93% from the previous close. We’ve seen it hit a high of $91,093 and a low of $84,971 today, but here’s what’s really interesting—over $2.5 billion in BTC options are set to expire soon, with a max pain point around $89,000.
What does that mean? Well, the max pain point is where most options traders would take the biggest hit, so we often see price action cluster around that level as expiry approaches. This can lead to a short-term price squeeze or increased volatility, creating solid opportunities for traders looking to take advantage of momentum shifts.
On top of that, there’s a crypto summit happening at the White House, bringing in key players and policymakers. While I wouldn’t bet on immediate fireworks, events like these can drive sentiment, and sentiment is a major force in this market.
With BTC’s recent dip and the options expiry in play, longing over the weekend could be a strategic move—especially if we see a push toward the max pain level. But let’s be real: this is not financial advice. The crypto market is unpredictable, and anything can happen. Trade smart, manage risk, and don’t overleverage. #bitcoin #America #CryptocurrencyWealth
Bitcoin is hovering around $87,459, down about 2.93% from the previous close. We’ve seen it hit a high of $91,093 and a low of $84,971 today, but here’s what’s really interesting—over $2.5 billion in BTC options are set to expire soon, with a max pain point around $89,000.
What does that mean? Well, the max pain point is where most options traders would take the biggest hit, so we often see price action cluster around that level as expiry approaches. This can lead to a short-term price squeeze or increased volatility, creating solid opportunities for traders looking to take advantage of momentum shifts.
On top of that, there’s a crypto summit happening at the White House, bringing in key players and policymakers. While I wouldn’t bet on immediate fireworks, events like these can drive sentiment, and sentiment is a major force in this market.
With BTC’s recent dip and the options expiry in play, longing over the weekend could be a strategic move—especially if we see a push toward the max pain level. But let’s be real: this is not financial advice. The crypto market is unpredictable, and anything can happen. Trade smart, manage risk, and don’t overleverage. #bitcoin #America #CryptocurrencyWealth
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