$$BTC 14 billion Bitcoin options expire Friday ๐Ÿ”ฅ

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๐Ÿ”ด $$BTC 14 billion Bitcoin options expire Friday. Short-term bullish bias ยท Multi-timeframe confluence

โš ๏ธTechnical Analysis: With $14 billion in Bitcoin options expiring this Friday, the daily and 4-hour moving averages for BTC are both in a bullish alignment and diverging upwards. Both ADX indicators are above 48, indicating strong upward momentum and a clear multi-timeframe confluence structure. The current 4-hour volume ratio is slightly lower at 0.72. The current price is approaching the daily resistance level of 87385, with strong support at 74909. Short-term expiration may cause some disturbance, but it will not change the overall upward trend.

๐Ÿ“ขMarket Dynamics: Bitcoin ETFs have seen a net inflow of $1.7 billion in the past two days. The current BTC price has surpassed the average cost of all holders. Coupled with $14 billion in options expiring on Friday, short-term bullish and bearish competition has intensified, and overall market sentiment is optimistic.

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๐Ÿ“Œ When trading, pay attention to whether the candlestick pattern conforms to...