المنشور

Everyone is focused on the CLARITY Act and Fed decision, but much of that risk may already be reflected in crypto prices. The next major event to watch is Friday’s IBIT options expiry, with roughly $4–5B in notional exposure. Calls remain ahead of puts, while the estimated max-pain level sits around $72K, below BTC’s current ~$77K–$79K range. That setup could create sharp moves as hedging activity changes with price. BTC may see fast swings in either direction around the expiry. My approach: don