$BTC – Market Watch
One of the biggest options expirations of the year is coming tomorrow,
and the impact is gradually intensifying.
About $6.3 billion in $BTC options are set to expire,
with the max pain point at 75K,
and a large number of bullish positions concentrated around 80K.
Simply put, a lot of traders are betting that BTC
can hold or break through those levels by expiration.
The problem is: $BTC is currently far from those ranges,
and the price is moving downwards into settlement.
When the price deviates from the main position ranges,
it usually means one side is going to get seriously wrecked.
After a month of positioning at highs,
it's clear that the bulls are under pressure right now.
📊 Reminder: My posts are 90% based on real data,
not false predictions — trade here with more confidence!
One of the biggest options expirations of the year is coming tomorrow,
and the impact is gradually intensifying.
About $6.3 billion in $BTC options are set to expire,
with the max pain point at 75K,
and a large number of bullish positions concentrated around 80K.
Simply put, a lot of traders are betting that BTC
can hold or break through those levels by expiration.
The problem is: $BTC is currently far from those ranges,
and the price is moving downwards into settlement.
When the price deviates from the main position ranges,
it usually means one side is going to get seriously wrecked.
After a month of positioning at highs,
it's clear that the bulls are under pressure right now.
📊 Reminder: My posts are 90% based on real data,
not false predictions — trade here with more confidence!