$10.6 BILLION BTC OPTIONS EXPIRY — THE MARKET IS RESETTING TODAY 🔥
Bitcoin faces its largest quarterly expiry with 80% of positions underwater, forcing market makers to hedge across a negative gamma zone between $60,000 and $68,000. BTC swept $59,000 yesterday before recovering to $60,800, while spot ETFs posted $469 million in outflows — the same setup that preceded sharp reversals in prior cycles.
Dogecoin sits at $0.074 with RSI at 28, deeply oversold after a 9.13% weekly loss. Support holds at $0.072, but even a bounce to $0.10 offers just 31% upside. The forced repositioning today creates the exact volatility that separates prepared traders from the rest.
Are you scaling into these levels or waiting for one more sweep?
Not financial advice. Always manage your risk.
#BTC #OptionsExpiry #DOGE #MarketReset #Crypto
🔥
Bitcoin faces its largest quarterly expiry with 80% of positions underwater, forcing market makers to hedge across a negative gamma zone between $60,000 and $68,000. BTC swept $59,000 yesterday before recovering to $60,800, while spot ETFs posted $469 million in outflows — the same setup that preceded sharp reversals in prior cycles.
Dogecoin sits at $0.074 with RSI at 28, deeply oversold after a 9.13% weekly loss. Support holds at $0.072, but even a bounce to $0.10 offers just 31% upside. The forced repositioning today creates the exact volatility that separates prepared traders from the rest.
Are you scaling into these levels or waiting for one more sweep?
Not financial advice. Always manage your risk.
#BTC #OptionsExpiry #DOGE #MarketReset #Crypto
🔥