Around $18 billion in crypto derivatives is about to settle in a single day, and it usually creates a brutal trap for anyone trading purely on technical indicators.
Most traders get chopped up right before major expirations wondering why their support levels suddenly fail. You think you are catching a clean continuation move, only to watch market makers pull the price toward their own profit zones.
According to Deribit data, Friday will see roughly $15.9B in $BTC and $2.1B in $ETH options roll off the board. When that much volume hits expiry, normal spot momentum takes a backseat to delta hedging and gamma pin risk.
Market makers holding large positions will aggressively trade spot and perpetuals to stay neutral, causing artificial price magnets around key strike levels. If you are entering heavy leverage on $BTC before these settlements clear, you are basically donating liquidity to institutional desks.
Are you de-risking ahead of this Friday expiry or looking to trade the aftermath?
#Bitcoin #CryptoTrading #Derivatives
Most traders get chopped up right before major expirations wondering why their support levels suddenly fail. You think you are catching a clean continuation move, only to watch market makers pull the price toward their own profit zones.
According to Deribit data, Friday will see roughly $15.9B in $BTC and $2.1B in $ETH options roll off the board. When that much volume hits expiry, normal spot momentum takes a backseat to delta hedging and gamma pin risk.
Market makers holding large positions will aggressively trade spot and perpetuals to stay neutral, causing artificial price magnets around key strike levels. If you are entering heavy leverage on $BTC before these settlements clear, you are basically donating liquidity to institutional desks.
Are you de-risking ahead of this Friday expiry or looking to trade the aftermath?
#Bitcoin #CryptoTrading #Derivatives
