🚨🔥 THE COUNTDOWN HAS BEGUN: $18.14 Billion in #BTC & #ETH Options Expiry is Coming This Friday! ⏳📉
Sellers and market makers are bracing for a massive wave of volatility as 184K #bitcoin options ($15.9B) and 777K #Ethereum options ($2.1B) are about to expire on the Deribit exchange. 📊⚡
🎯 Key Levels to Watch (The Max Pain Points):
Bitcoin ($BTC ): Max Pain is sitting at $75,000 📍
Ethereum ($ETH ): Max Pain is sitting at $2,250 📍
💡 What does "Max Pain" mean? It is the price level where the majority of options traders will face financial loss, leaving market makers with the maximum profit.
🛡️📈 The Market Impact:
Since current spot prices are trading much higher, options sellers have been forced to buy spot crypto to hedge their positions, driving the recent rally. Once these contracts expire this Friday at 08:00 UTC, this buying pressure will fade, which could trigger a massive surge in volatility and set the trend for the next big move.
Who will dominate the market? Get ready for Friday! 🚀🔮
#Market_Update
$BTC
$ETH
Sellers and market makers are bracing for a massive wave of volatility as 184K #bitcoin options ($15.9B) and 777K #Ethereum options ($2.1B) are about to expire on the Deribit exchange. 📊⚡
🎯 Key Levels to Watch (The Max Pain Points):
Bitcoin ($BTC ): Max Pain is sitting at $75,000 📍
Ethereum ($ETH ): Max Pain is sitting at $2,250 📍
💡 What does "Max Pain" mean? It is the price level where the majority of options traders will face financial loss, leaving market makers with the maximum profit.
🛡️📈 The Market Impact:
Since current spot prices are trading much higher, options sellers have been forced to buy spot crypto to hedge their positions, driving the recent rally. Once these contracts expire this Friday at 08:00 UTC, this buying pressure will fade, which could trigger a massive surge in volatility and set the trend for the next big move.
Who will dominate the market? Get ready for Friday! 🚀🔮
#Market_Update
$BTC
$ETH
