المنشور

🚨 BTC & $ETH Could See a Major Move After Today’s Options Expiry The July 31 options expiry could become the catalyst for the next significant market move. Here’s what happens after the 08:00 UTC expiry when the current price pinning effect disappears: 📌 Major open interest concentrations are sitting near spot prices: • $BTC : Call wall at $64K and put wall at $64K — same strike • $ETH: Walls centered around $1.9K - 39.1K calls - 45.2K puts • $HYPE : Walls centered around $55 - 94.6K calls - 116K puts This creates a symmetric wall pin. Market makers who sold options around these strikes typically hedge in a way that keeps prices near those levels before expiry. Once the contracts expire, that hedging pressure fades, potentially allowing volatility to return. With volatility heavily compressed and implied volatility sitting near lows, the market may be positioned for expansion in either direction. The current flat volatility curve also suggests traders are not aggressively pricing in the upcoming move. The setup is simple: Low volatility + strong expiry pinning = potential breakout after the release. A straddle strategy could be worth watching in this environment. NFA. DYOR. #SoftPCEStrongDemand #AMZNMissesButRallies