#BinanceBlockchainWeek #WriteToEarnUpgrade
๐ฅ *Bitcoin's Christmas Volatility Alert* ๐ฅ
Massive $23.66B BTC options expiry on Dec 26 (268,267 contracts) is setting the stage for potential wild moves! ๐ Here's the breakdown:
- Calls: 194,801 ๐ข
- Puts: 73,466 ๐ด
- Put/Call ratio: 0.38
- Max pain: $96,000 ๐ฏ
Post-expiry, expect heightened volatility. Key scenarios:
1. *Bullish*: If BTC surges past $96k, expect momentum boost.
2. *Bearish*: Dip below support could trigger sell-off.
3. *Neutral*: Range-bound chop if $96k holds as resistance.
Trade$BTC $ETH $BNB smart, stay alert! ๐ Want price action analysis?
