$BTC Is the weather changing? 13 billion options reshuffle, retail investors, quickly check the survival guide!



In the crypto world, one day is like a year in the human world. This 13 billion USD options test is the main force giving retail investors a pop quiz!

This Friday, 13 billion USD worth of Bitcoin options are expiring. The current situation is: most bullish orders above 72,000 USD are basically worthless; bearish orders are quite stable. Plus, recent large institutional ETFs are still selling, making the overall market unfavorable for buyers. There may be a short-term rebound, with all the stop-loss orders around 65,000 USD above, and the main players could trigger a rally to “harvest” these shorts at any time.

Bai Yue’s trading advice is to go long: around 64,000-64,200 USD, targeting 65,000-65,500 USD; go short around 65,500-65,300 USD.

The overall trend is bearish, and the short-term rebound is just an opportunity to run.
BTC-2.70%
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