Sister Lin, head of Asia Pacific commerce at Deribit: A total of 4.05 billion positions expired this Friday
Sister Lin, head of Asia Pacific commerce at Deribit, said on social media that this Friday, July 26 at 4:00 pm is the delivery day of BTC monthly options, a total of 4.05 billion positions expire, the put/call ratio is 0.63, and the biggest pain point is 63000.
Don't panic because of the biggest pain point. When the market is very strong, market sentiment is king. But there will generally be some resistance at the end of the month.