Options don't seem to be falling that easily! 72,000 and 2000$BTC ‌📊 BTC & ETH + 6/26 Options Max Pain

Options' maximum pain point (Deribit 6/26 expiration)
Underlying Max Pain Current Price Distance P/C Ratio
BTC $72,000 $64,497 +11.6% 0.84
ETH $2,000 $1,739 +15.0% 0.58
🔑 Major Signal Change (vs. yesterday)
BTC open interest has shifted from decreasing to increasing!

Yesterday: OI 97,528 (−0.16%) = driven by short covering
Today: OI 98,654 (+1.15%) = new long positions confirmed!
Rebound quality upgraded from "doubtful" to "confirmed"
BTC Strategy Adjustment
Yesterday's main strategy was shorting; today, OI has increased with Max Pain at $72,000 above = long positions are justified

Strategy Entry Stop Loss Target R:R Evaluation
⭐ Rebound Long $63,000-63,200 $62,200 $65,775→$66,400→$68,000 5:1 Optimal
Light Position Chase Long $64,500 $63,100 $65,775→$66,400 1.38:1 Low odds
Short (Downgrade) $64,500-64,800 $65,900 $63,000→$62,200 2.52:1 Win rate drops to 45%
ETH Strategy
ETH is much weaker than BTC: high points keep decreasing + retail long/short ratio at 2.06 extremely crowded + Max Pain too far away

Strategy: Rebound Short

Entry: $1,760-1,780
Stop Loss: $1,820
Target: $1,700→$1,670→$1,602
R:R = 3.45:1
Options Timeline
June 24–26 are the three days with the strongest Max Pain attraction. If BTC stabilizes above $66,000 before June 24, the probability of surging to $68,000–$72,000 increases significantly.

In one sentence: BTC's open interest shift plus Max Pain above $72,000 creates strong pullback support = the best strategy is a rebound long. ETH's extreme crowding and distant Max Pain = rebound short. The optimal current combination is long BTC and short ETH.