The phenomenon of "Max Pain" at $75,000 and the impact of the Q1 close on the crypto market.
The cryptocurrency market is today, March 27, 2026, at a critical turning point. With the expiration of Bitcoin (BTC) and Ethereum (ETH) options on Deribit reaching the historic figure of $13.5 billion, institutional and retail investors are focusing their attention on a key concept: Max Pain (Maximum Pain Price).
1. The Magnet Effect: Why is $75,000 the magic number?