Bitcoin for $ 110,000: The term 30 May Options shares the market

Last Friday, Bitcoin approached $ 111,000, which launched a wave of euphoria in the markets. Historical first, which did not escape media reflectors. Since then, however, volatility has returned and brought a course below $ 110,000. The star crypto now enters the critical area. In sight: expires of $ 13.8 billion on an option scheduled for May 31. For bulls, each level could turn into a jackpot. But the battle remains uncertain.

Bitcoin options: Strategic duel for $ 13.8 billion

Bitcoin News: The market was structured around two camps. The bull I hope to keep Bitcoin over $ 110,000 to maximize their positionsions. Call options in this area weigh $ 4.8 billion. On the contrary, bearings see their hopes that he gets down: 95 % puts is located below $ 109,000. If the course remains high, their impact will be marginal.

In the debit, The most commonly used strategies in May are “Spreads Bull Call Spreed” and “Short Calls”. They allow you to enjoy measurements of measured bitcoins and at the same time limit losses in the event of reversal. This location reflects the current caution of players on the market.

The decisive factor could come Bitcoin ETF. Between the 20th and 22nd May, $ 1.9 billion was injected here. This massive influx supports the bull’s feeling. But nothing is playing: Bears can still try to manipulate future contracts to reduce breaking. Because when it approaches the term, every dollar counts.

Technical voltage and “Pinning effect”: Bitcoin queues understanding

On graphics, Threshold values ​​of $ 110,000 and $ 112,000 are becoming explosive areas. Account x @darkpurplehazex describes:

There seems to be important short positions to $ 112,000 … but they lose the land.

This level crystallizes sales pressure. If it gives up, the shortcuts could move bitcoins to new heights.

However, technical analysis does not explain everything. The Famous “Closing Effect” comes into play. This pushes prices to stabilize around levels with high open interest. This month, this corridor seems to be between $ 105,000 and $ 110,000, a potential trap for both camps.

The $ 79 billion in open interest The future contracts are amplifying this tension. A break in one or the other could create a domino effect. In this context, the strategies develop a minute per minute. Investors follow the smallest signals: volumes, tweets and macroeconomic notifications.

Toward the result of high voltage

The end of the month promises to be electric. The numbers speak for themselves and reflect the maximum pressure on the market. Hussiers can get up to $ 4.8 billion to call options if Bitcoin exceeds $ 110,000. The reduction has few remaining weapons: 95 % of their banquets expire below $ 109,000, which is unnecessary if the course remains high.

The tide of $ 1.9 billion in Bitcoin ETF between 20 and 22 is illustrated by the confidence of institutional investors. This support owes anything by chance.

For future contracts, it increases problems with open positions of $ 79 billion.

• $ 4.8 billion in calls in zone 110–114k;
• 95 % of the bows expired below $ 109,000;
• 1.9 billion injected into the ETF in three days;
• $ 79 billion in open interest in the future.

In this context, the smallest technical or geopolitical spark could lean everything.

Recently, Donald Trump re -returned tensions by launching the trade war with the EU and the declaration that immediately destabilized the markets. Result: Europe and Bitcoins are vaccinated. This brutal reminder emphasizes how much crypto ecosystem remains sensitive to external shocks. Once the options are expired, the nerves will be tested.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.