On the eve of the $10 billion options expiration, BTC's "round top" breaks down—$54,000 inevitable?



"When the 'anchor' of derivatives drifts, all historical pricing needs recalibration."

The four-hour chart has fallen below key moving averages, the MACD death cross is expanding, the round top pattern is complete, and the daily bearish flag has simultaneously broken down—technical forces collectively point to $54,000.

The news side is worse:

Today's $11.3 billion options expiration has a max pain point of $72,000, with the coin price far below that, forcing market makers to sell spot; ETF outflows continue, PCE remains high, and macro liquidity is tightening rapidly.

Anna's view: This is not a simple pullback—any rebound before expiration is short covering.

Strategy:

Short near 60,000–59,800, targeting 58,100–58,000;

If 58,000 stabilizes with low volume, go long for a quick bounce to 60,000.

The liquidation map shows $1 billion in long liquidation intensity piled below $56,657—will this powder keg explode?
#美光市值超越Meta跻身全美前十 #0成本拿2股SK海力士 $BTC $ETH $MU
BTC-2.70%
ETH-5.42%
MU-6.00%
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