⏰ Before the report: options have expired, jobs data in five and a half hours
$BTC Bitcoin options expired at 11:00 — 33,135 Bitcoin worth $2.65 billion on Deribit, with a max pain price of $79,000. The price is far from that level, so the expiry passed without pulling the market toward it.
The key point: settlement was based on the average price over the final hours, and the report comes out five and a half hours after expiry — meaning today’s expired contracts offer no protection whatsoever against the report’s reaction.
What are we watching in the 16:30 report?
• Above 100,000 jobs: a strong report — odds of a December rate hike rise, and pressure on the market continues
• Around 65,000: close to expectations — the market focuses on wages and unemployment
• Below 35,000: a weak report — potential relief and easing pressure
The key level before the report remains $75,600 — holding above it means consolidation; breaking below it means a deeper drop.
Quick question: Do you expect a strong or weak report? Write “strong” or “weak.”
Source: Deribit, Forex.com — November 6, 2026
#Bitcoin #Crypto
$BTC Bitcoin options expired at 11:00 — 33,135 Bitcoin worth $2.65 billion on Deribit, with a max pain price of $79,000. The price is far from that level, so the expiry passed without pulling the market toward it.
The key point: settlement was based on the average price over the final hours, and the report comes out five and a half hours after expiry — meaning today’s expired contracts offer no protection whatsoever against the report’s reaction.
What are we watching in the 16:30 report?
• Above 100,000 jobs: a strong report — odds of a December rate hike rise, and pressure on the market continues
• Around 65,000: close to expectations — the market focuses on wages and unemployment
• Below 35,000: a weak report — potential relief and easing pressure
The key level before the report remains $75,600 — holding above it means consolidation; breaking below it means a deeper drop.
Quick question: Do you expect a strong or weak report? Write “strong” or “weak.”
Source: Deribit, Forex.com — November 6, 2026
#Bitcoin #Crypto
