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#quarterlyexpiry

quarterlyexpiry

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DRACO CHAIN
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$BTC IS TESTING THE KEY SUPPORT THAT COULD DETERMINE THE NEXT MOVE 🎯 Quarterly options expiry is tomorrow and Bitcoin just swept below $60,000. The GEX heatmap shows $60,000 is a major support level — but open interest is also stacking up at $58,000 and $59,000. Institutions and whales haven't been positioning for a breakdown; they're waiting for expiration to pass. This creates a compressed zone where liquidity is concentrated. The real question is whether the market will defend $60,000 or hunt the deeper pockets first. Not financial advice. Always manage your risk. #BTC #QuarterlyExpiry #SupportLevel #Options 🎯
$BTC IS TESTING THE KEY SUPPORT THAT COULD DETERMINE THE NEXT MOVE 🎯

Quarterly options expiry is tomorrow and Bitcoin just swept below $60,000. The GEX heatmap shows $60,000 is a major support level — but open interest is also stacking up at $58,000 and $59,000. Institutions and whales haven't been positioning for a breakdown; they're waiting for expiration to pass.

This creates a compressed zone where liquidity is concentrated. The real question is whether the market will defend $60,000 or hunt the deeper pockets first.

Not financial advice. Always manage your risk.

#BTC #QuarterlyExpiry #SupportLevel #Options

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