This Friday, approximately $3 billion worth of BTC and ETH options will be settled, with a total value of about $2.533 billion for BTC options and $456 million for ETH options. According to the current position distribution, the "max pain" price for BTC is $85,000, and the "max pain" price for ETH is $3,000.

The "max pain" price refers to the price point that is most unfavorable for options contracts, meaning that if the price is close to this level at settlement, the outstanding contracts will suffer the most loss. Therefore, it is common for the options market to see prices drawn towards the max pain point during delivery. This could have a significant impact on the short-term price trends of BTC and ETH, thereby increasing market volatility. #上市公司比特币战略