$BTC 61.000$ Movement Mandatory Danger Increases‼️
📌Bitcoin's max pain level is 61 thousand dollars. Why is it important? First, the expectation of low volatility in the market makes investors less likely to profit from short-term price movements.
📌As a result, an increase in the number of put (short) options is observed. While put options reflect investors' expectations that prices will fall, the closing of call (long) options indicates that bullish expectations have weakened.
📌These dynamics should ensure that Bitcoin's price is directed towards the 61 thousand dollar level. If Bitcoin cannot exceed this level, it could pose a serious problem for investors. Investors, especially those with high leverage positions, may fall into difficult positions in this case and there may be more selling pressure in the market.👍
📌Therefore, carrying a hedge position in futures transactions appears to be an important factor. Those who have not yet activated their futures transactions can activate them with the link below and review my other posts👍
