Have you noticed that every time $18B in options expire, someone claims $BTC has to fall $10K?
That kind of headline is how traders get shaken out. You see the number, assume a crash is guaranteed, sell into weakness, then watch price hold or bounce while you sit in cash regretting it.
$18B is a large expiry, no question. But treating it like a forced $10,000 dump is a lazy read of how options actually work. Dealers hedge gamma around max pain, which can pin $BTC near a heavy strike cluster into Friday rather than send it into a waterfall.
This Friday is a case study in that exact mechanic. Past cycles with similar notional often saw price grind sideways into expiry, then expand once those contracts rolled off. $ETH follows the same weekly and monthly cycle and almost never dictates a one-directional collapse on its own. Spot demand and existing positioning still matter more than a round number in a headline.
Where do you think this goes after Friday?
#Bitcoin #OptionsExpiry #Crypto
That kind of headline is how traders get shaken out. You see the number, assume a crash is guaranteed, sell into weakness, then watch price hold or bounce while you sit in cash regretting it.
$18B is a large expiry, no question. But treating it like a forced $10,000 dump is a lazy read of how options actually work. Dealers hedge gamma around max pain, which can pin $BTC near a heavy strike cluster into Friday rather than send it into a waterfall.
This Friday is a case study in that exact mechanic. Past cycles with similar notional often saw price grind sideways into expiry, then expand once those contracts rolled off. $ETH follows the same weekly and monthly cycle and almost never dictates a one-directional collapse on its own. Spot demand and existing positioning still matter more than a round number in a headline.
Where do you think this goes after Friday?
#Bitcoin #OptionsExpiry #Crypto
