Friday $BTC has to get through a big hurdle: Deribit’s $16 billion options settlement. The current price is 85,544, and in the past 24 hours it’s down 0.46%.
Bullish calls are $9.6 billion, bearish puts are $6.4 billion—both sides are betting. The greed index is already 71; at this kind of level, the easiest scenario is a pump-and-dump “run away” play.
My approach is very straightforward: hold the spot position securely but don’t chase, reduce leverage on the contracts and set proper stop-losses, then wait until settlement lands to see who’s swimming naked.
If this were your position, would you add more now or take profit? “Deduct 1 to add; deduct 2 to take profit.”
#Write2Earn #BinanceSquare #BTC Futures #TradingTournament
Bullish calls are $9.6 billion, bearish puts are $6.4 billion—both sides are betting. The greed index is already 71; at this kind of level, the easiest scenario is a pump-and-dump “run away” play.
My approach is very straightforward: hold the spot position securely but don’t chase, reduce leverage on the contracts and set proper stop-losses, then wait until settlement lands to see who’s swimming naked.
If this were your position, would you add more now or take profit? “Deduct 1 to add; deduct 2 to take profit.”
#Write2Earn #BinanceSquare #BTC Futures #TradingTournament
