With over 5.76 billion USD tied to Bitcoin and Ethereum options set to expire, market behavior may shift this weekend. Bitcoin’s max pain stands at 114,000 USD, and it is currently trading at 120,259 USD. Ethereum shows a max pain of 2,950 USD, with mixed trader sentiment reflecting cautious optimism.
Traders are implementing risk reversal strategies as they prepare for potential price fluctuations. Analysts believe that while the long-term outlook remains positive for Bitcoin and Ethereum, short-term corrections could occur before market stabilization.
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