Next week will not be calm for Bitcoin. Approximately 23 billion USD of BTC options will expire at the same time, and this is almost always a time when the market shakes strongly $BTC
Currently, implied volatility has approached 45%, indicating that traders are willing to pay a higher price to hedge against risk.
This usually happens when the market expects large volatility, rather than a gentle sideways movement $ETH
Looking at the options structure, the flow of money is leaning more towards the downside scenario. The put/call ratio is still low, but the amount of open interest concentrated around important price levels indicates that market makers have the incentive to 'pull prices' to optimal zones for them at expiration.
Simply put:
Options are about to expire → market makers are starting to hedge aggressively
Aggressive hedging → prices can easily be pushed up or down quickly
Volatility increases → short-term traders can easily get swept if they enter trades without a plan
This phase does not necessarily indicate the long-term trend of Bitcoin, but it is easy for quick spikes or dumps to occur in the short term. Traders should reduce leverage, set clear stops, and those holding for the long term should prepare for a mindset of 'short-term noise, long-term trend to be determined.'
