$BTC Braces for Impact: $28B Options & Jobs Data Could Ignite 🔥
Bitcoin is stuck in neutral around $87,000, while $ETH dips below $3,000. The entire crypto market is holding its breath. We’re seeing classic pre-event compression as a massive $28 billion options expiry looms this Friday – historically a volatility trigger.
Traders are locking in profits and bracing for U.S. Jobless Claims data today. A surprise increase could fuel rate cut hopes, potentially sparking a breakout. Spot volume is down, the Fear & Greed Index is at 24 (Extreme Fear), and even altcoins like BNB, XRP, SOL, and TRX are seeing mild pullbacks.
Don't mistake this for weakness. It’s suppressed energy. Liquidity is thin, and markets are coiling. The quietest days often precede the biggest moves. 🧐
#BTC #CryptoNews #MarketAnalysis #OptionsExpiry 🚀
