Tomorrow, there's a significant risk of pin insertion in the market, and everyone needs to be ready. Firstly, prioritize risk management. For existing short-term contract orders, aim to keep them as neutral as possible. Secondly, be prepared to buy at the market bottom following the pin insertion. Tomorrow marks the largest options expiration day in cryptocurrency history, with over $9.4 billion in notional value options expiring on Bitcoin and $5.5 billion on Ethereum. Bitcoin's key level is $50,000, while Ethereum's is $2,600. With the market generally leaning bullish, any deviation from these levels makes it easier for the market to experience a pin insertion. Therefore, we must prepare ourselves to handle this scenario. The market may see a rapid surge followed by a quick retracement, similar to last night's needle movement, and this pullback might occur for even stronger reasons. Everyone should review their positions for any remaining exposures. If found, it's advisable to close them out to free up positions.
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