The post July 4 Bitcoin Options Expiry Worth $3B Puts Spotlight on BTC’s $106K “Max-Pain” Zone appeared on BitcoinEthereumNews.com.

With $3 billion Bitcoin (BTC) options expiry looming, analysts have predicted that the asset faces a downside risk as the “Max Pain” lies at $106k, below the current price.  Analysts have also predicted that the asset could recapture the $111k level if it holds above the $108k level. Bitcoin (BTC) could witness short-term price swings as option contracts worth $3 billion are set to expire today, July 4. According to data, the “Max Pain” is $106k, and the price could move towards this level. Technically, option buyers are expected to experience the maximum loss at this point while sellers experience the least of the total amount of loss. Bitcoin (BTC) Price Action and Potential Movements Pending this interesting moment, Bitcoin (BTC) has recorded a 0.37% decline on its 24-hour price chart to move from its daily high of $110,541 to $108,930 at press time. According to CoinMarketCap data, the 24-hour trading volume has also declined by 13% with $48.9 billion changing hands. Delving deep into the market, we discovered that there is a balanced scenario between bullish and bearish bets with the put-to-call ratio fixed at 1.05. Analysts believe that while this level suggests uncertainty, there is a high downside risk as long as the price stays above the Max Pain level. In the meantime, Bitcoin is still holding above its short-term support levels of the 20-day and 10-day moving averages. Also, there is a high buying strength as the asset trades near the top of the Bollinger Bands. While some momentum indicators also show signs of exhaustion, the MACD confirms the existence of an underlying strength. According to analysts, once Bitcoin falls below the current point to $107k, there is a high likelihood that the price could make an additional fall to $106k. Holding above the $108k could also…

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Filed under: News - @ July 5, 2025 2:24 am