🚀 $BTC OPTIONS EXPIRY WHIP: $78K MAX PAIN CALL WALL 🦈
📊 $11.1 B of BTC options on Deribit melt at 08:00 UTC on Oct 30, representing 34.6% of venue OI. The max‑pain level sits at $78,000 while spot hovers near $81,424, and the book leans heavily toward calls (PCR 0.56). A rally past $88,000 before expiry could ignite a positioning squeeze, flipping the upper‑strike wall into profit. Conversely, a close under $78,000 hands the floor to the lighter put side, easing pressure. ⚡️ Funding rates linger below 0.01%, keeping the long premium modest.
💬 Which side are you betting on as the clock ticks down? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Options #MaxPain #Crypto
🔥 🦈
📊 $11.1 B of BTC options on Deribit melt at 08:00 UTC on Oct 30, representing 34.6% of venue OI. The max‑pain level sits at $78,000 while spot hovers near $81,424, and the book leans heavily toward calls (PCR 0.56). A rally past $88,000 before expiry could ignite a positioning squeeze, flipping the upper‑strike wall into profit. Conversely, a close under $78,000 hands the floor to the lighter put side, easing pressure. ⚡️ Funding rates linger below 0.01%, keeping the long premium modest.
💬 Which side are you betting on as the clock ticks down? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Options #MaxPain #Crypto
🔥 🦈