More fear mongering this options expired while us was sleeping 1-3am depending on where you live. O and by the way the max pain was 88k were most options expired worthless. The market did just that.
Wrong crypto has been punished jpy rate hike was priced in max pain for these options are 6835 for spx so magnet risk on next week BTC options max pain is 102k risk on vix low dyx stable this market is bottoming not going to your 70-50k levels
THE BIGGEST TRIPLE WITCHING EXPIRY WILL HAPPEN TODAY.
And this is how $BTC reacted to this in the past.
Triple witching expiration is a quarterly event where stock options, index options, and index futures expire together.
Today, $7.1 trillion worth of these financial instruments will expire, making it the biggest one ever.
Talking about the S&P 500 first, the average return on the last 14 triple witching events is -0.5%.
This is a sign that markets tend to move downside on this day, rather than a rally.
In 2025, all triple witching events have been bearish for BTC.
21st March 2025: $BTC dropped 16% after the triple witching event.
20th June 2025: $BTC dropped 7.7% after the triple witching event.
19th Sept 2025: $BTC dropped 7.5% after the triple witching event.
Given that the crypto market is still weak, another sell-off could definitely happen.
Also, crypto has been the worst-performing asset this year, so a lot of tax harvesting selling has been ongoing.
Apart from this, there's another big event related to crypto coming next week.
"Quarterly options expiry."
On 26th December, $23.56 billion in BTC options and $3.78 billion in ETH options will expire.
This could also bring a lot of volatility, which means 2025 would probably end on a bad note for crypto.