An intense battle is unfolding in the Bitcoin derivatives market, where traders are actively seeking to secure six-figure profits. Their strategies are heavily dependent on a critical technical level—the "Max Pain" price—which has consistently held close to US $90,000. This figure represents the financial point at which the majority of outstanding Bitcoin options contracts would expire worthless. The sustained positioning of "Max Pain" at the $90,000 mark directly dictates the need for market participants to adjust their hedging strategies and trading positions, reports The WP Times with reference to Telegram.
The "Max Pain" metric serves as an indicator of the pressure exerted by options writers (the sellers) who are incentivized to see the actual Bitcoin price move as close as possible to this "painful" mark on the expiration date. When traders aim for significant six-figure profits, they must account for the fact that the further the BTC price deviates from the $90,000 level before the contracts expire, the greater the potential losses for the option holders (buyers) will be. The market's attention is thus highly focused on this high point, as it determines the final distribution of profits and losses in the derivatives space.
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