⚠️ Heads up! There's a big settlement today—over $4 billion worth of BTC and ETH options are set to expire.
Details: - For BTC: $3.36 billion in contracts are stacked at the $91,000 level. What does that mean? If the price closes above $91K today, the bulls win; if it falls below, the bears take it. - For ETH: $668 million is betting on the $3,050 mark. Same logic—above $3,050, the bulls profit; below that, the bears cash in.
In plain English: These two price points are like the fulcrum of a balance, and today’s market will likely swing wildly around them.
What should you do? Stay calm, don’t act rashly. If you’re already holding positions, don’t make sudden moves; if you’re looking to buy the dip, wait a bit longer. On days with huge options expirations like this, market sentiment is like a stretched rubber band—ready to snap at any moment. Let the dust settle tomorrow before making your next move.
Remember: Volatility is someone else’s game—don’t let yourself become the fuel.
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⚠️ Heads up! There's a big settlement today—over $4 billion worth of BTC and ETH options are set to expire.
Details:
- For BTC: $3.36 billion in contracts are stacked at the $91,000 level. What does that mean? If the price closes above $91K today, the bulls win; if it falls below, the bears take it.
- For ETH: $668 million is betting on the $3,050 mark. Same logic—above $3,050, the bulls profit; below that, the bears cash in.
In plain English: These two price points are like the fulcrum of a balance, and today’s market will likely swing wildly around them.
What should you do?
Stay calm, don’t act rashly. If you’re already holding positions, don’t make sudden moves; if you’re looking to buy the dip, wait a bit longer. On days with huge options expirations like this, market sentiment is like a stretched rubber band—ready to snap at any moment. Let the dust settle tomorrow before making your next move.
Remember: Volatility is someone else’s game—don’t let yourself become the fuel.