🚨 The market is currently volatile and pushing the price up $BTC
You have Bitcoin options worth over $13 billion expiring this week… and everyone has their eyes on one number, which is 100K.
Most centers are clustered around the max-pain. And this alone explains why the market is moving slowly... Not a rise by desire, nor a sharp drop. It's like everyone is waiting to see what will happen before the expiry.
To be honest? The movements of the last couple of days feel a bit artificial. Pulling and dragging without a clear direction... And often the reason is that traders are rearranging their positions.
Always before the expiry, the same thing happens: the market cools down, liquidity decreases, and the movement feels like driving in traffic. Everyone is waiting for the other to move first.
After completion? The situation usually changes. Because a large part of the hedging goes away, and the true direction becomes more apparent. It doesn't mean rise or fall... it just means clearer movement.
It could be new, but... Those who follow the markets these days understand the market better than those who look at the candles; psychology is what plays a role now.
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🚨 The market is currently volatile and pushing the price up $BTC
You have Bitcoin options worth over $13 billion expiring this week… and everyone has their eyes on one number, which is 100K.
Most centers are clustered around the max-pain.
And this alone explains why the market is moving slowly...
Not a rise by desire, nor a sharp drop.
It's like everyone is waiting to see what will happen before the expiry.
To be honest? The movements of the last couple of days feel a bit artificial.
Pulling and dragging without a clear direction...
And often the reason is that traders are rearranging their positions.
Always before the expiry, the same thing happens: the market cools down, liquidity decreases, and the movement feels like driving in traffic.
Everyone is waiting for the other to move first.
After completion? The situation usually changes.
Because a large part of the hedging goes away, and the true direction becomes more apparent.
It doesn't mean rise or fall... it just means clearer movement.
It could be new, but...
Those who follow the markets these days understand the market better than those who look at the candles; psychology is what plays a role now.