$2.7B in $BTC options expiring today at 15:00 UTC. Max Pain sits at $79k but we're already trading below that.

US jobs data drops ~5.5hrs after expiry. Timing couldn't be worse for longs.

Max Pain isn't a prediction—it's where most options expire worthless. Market makers love it there.

Which session are you watching? Pre-expiry chop or the NFP reaction?