On the Option side, expectations before the third quarter expiry are often viewed with positive expectations. However, there have been some negative signs that we should pay attention to.
It is a $60 million maturity position that will expire in September. It is worth noting that this position is profitable if the Bitcoin price ends September below $104,000. On the contrary, if the increase passes, they must fulfill their obligation to sell $BTC for 100k, causing losses.
This raises an important question:
"Can Bitcoin price stay below $104,000 to ensure profits for position holders?"
In a volatile market, predicting Bitcoin price is difficult to predict. However, in retrospect, if the price increases below 100k, their profits will still not change. In other words, Bitcoin may reach a high price mark (80-90k+) in the near future but still meet people's expectations. them, causing no loss.
And that's new
![](https://public.bnbstatic.com/image/pgc/202405/95907c7741ce9c25eb63632c4e6b2b15.png)
![](https://public.bnbstatic.com/image/pgc/202405/2a44d4bd456f50ce6237c9e9216cd04f.png)
is our focus in this article
Hopefully this article helps everyone better understand the upcoming market situation, and consider the opportunities waiting in the crypto market.