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could be a good idea; look at here the way btc shows downtred very simple setup.
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BULLISH ENGULFING AT THIS CIRCLE 😋😋😋🔥🔥🔥
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PLEASE UNDERSTAND THIS STATEMENT JUST IN: $3,000,000,000 worth of Bitcoin & Ethereum options expire today. 1. What Are “Options”? Options are financial contracts that give investors the right (but not the obligation) to buy or sell an asset — like Bitcoin or Ethereum — at a specific price before or on a certain date. There are two main types: • Call options (betting the price will go up) • Put options (betting the price will go down) 2. Meaning of “$3 Billion Worth of Options Expire” This means that today is the expiration date for Bitcoin and Ethereum options contracts with a combined value of $3 billion. Once they expire: • Traders must decide whether to exercise the option or let it expire worthless. • Some may buy or sell actual Bitcoin or Ethereum in response. 3. Why It Matters • Expiry of large options contracts can lead to increased volatility in the market. • Traders may buy/sell crypto to hedge or rebalance, causing sudden price movements. • It’s often a key day for market direction, especially if the market is uncertain or near a major price level (like resistance/support). In Simple Terms: Today, $3 billion worth of Bitcoin and Ethereum betting contracts are expiring. This could lead to sharp price movements, as traders react and adjust their positions. $BTC #BTC #ETH $ETH
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