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With whales pausing, will $BTC push past $85K or face a deeper correction? 👇 Read full analysis by @tiago4maral

Hold onto your hats, crypto enthusiasts! A colossal wave of Bitcoin options expiry is heading our way. Get ready for potential market movements as a staggering $1.82 billion worth of BTC options are set to mature on March 21st. This massive event could inject volatility into the crypto sphere, and understanding the dynamics at play is crucial for navigating the week ahead. Let’s dive deep into what this means for Bitcoin and Ethereum. A Bitcoin options expiry of this magnitude is not just another day in the crypto market. The sheer volume of contracts expiring—$1.82 billion in BTC and an additional $265 million in ETH—signals a potentially significant market event. These expiries can influence price action as traders adjust their positions, leading to increased volatility and potential shifts in market sentiment. Understanding the key metrics associated with this expiry can provide valuable insights into possible price movements. Let’s break down the key data points for this significant expiry event: The put/call ratio is a crucial indicator in the crypto options market. It provides a snapshot of market sentiment by comparing the volume of put options (bets on price decrease) to call options (bets on price increase). It’s important to remember that the put/call ratio is just one piece of the puzzle. It reflects the positioning of options traders but doesn’t guarantee future price movements. Market dynamics are complex, and other factors also influence price action. The concept of “max pain price” might sound ominous, and for some crypto options traders, it can indeed lead to financial discomfort. But what exactly is it, and why is it important? The max pain price is the price level at which the maximum number of option holders will end up “out-of-the-money” at expiration. In simpler terms, it’s the price point that causes the most financial pain (losses) for the largest number of options buyers. Market makers, who are on the other side of these trades, often aim to push the underlying asset’s price towards the max pain price as expiry approaches to maximize their own profits. Here’s how it works: For this March 21st expiry: Important Note: The max pain price is not a guaranteed price target. It’s a theoretical level based on current options positions. The actual price movement will depend on a multitude of market factors. So, how can you, as a crypto market participant, approach this crypto options expiry event? Here are a few actionable insights: The aftermath of a large BTC options expiry can be varied. Historically, such events have sometimes led to increased volatility immediately before or after the expiry. However, the long-term impact is often influenced by broader market trends and fundamental factors. Potential Post-Expiry Scenarios: In Conclusion: Prepare for Potential Crypto Market Swings The upcoming $1.82 billion Bitcoin options expiry on March 21st is a significant event to watch. While the max pain price and put/call ratios provide interesting insights, remember that the crypto market is dynamic and influenced by numerous factors. Stay informed, manage your risk, and be prepared for potential volatility. This expiry could be a pivotal moment, and understanding its nuances can empower you to navigate the crypto landscape more effectively. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Chainlink (LINK) has been one of the most resilient cryptocurrencies in the market, showing strong potential despite broader market volatility. At the time of writing, LINK price is trading at $14.21, reflecting a slight downward movement of -2.82%. Investors are eyeing a potential surge toward the $50 mark, but key technical indicators suggest a critical period of consolidation before any major breakout. The RSI currently stands at 42.83 , which indicates that Chainlink price is neither overbought nor oversold. Typically, an RSI reading below 30 signals an oversold condition, while above 70 suggests overbought levels. This neutral zone suggests that there is still room for upside movement if buying pressure increases. The MACD (Moving Average Convergence Divergence) is currently at 0.24, with the signal line at -1.06. This slight bullish divergence suggests that LINK price could be forming a bottoming pattern, but it still lacks strong momentum to push toward higher resistance levels. A confirmed crossover above the signal line could indicate an upward push. Immediate Support: $14.00 – This level has acted as a strong accumulation zone, and if Chainlink price maintains above it, an upward rally could be possible. Major Resistance: $16.50 – A breakout above this resistance level could pave the way for a rapid climb toward $20. Psychological Resistance: $50 – Achieving this level would require significant institutional buying and a strong market sentiment shift. For Chainlink price to reach $50 , it would need a 252% increase from its current price. This is not impossible, but it requires several key catalysts: Chainlink’s price action suggests short-term consolidation, with a strong support zone around $14.00. If buying pressure increases, LINK could retest $16.50 and $20 in the coming weeks. However, to reach $50, LINK will require a combination of market momentum, institutional adoption, and a broader cryptocurrency rally. For now, LINK remains in a strong accumulation phase, making it a compelling asset for long-term holders.

Tether, the issuer of USDT, ranked as the seventh-largest buyer of U.S. Treasury securities in 2024. According to a Mar. 20 post on X by Tether chief executive officer Paolo Ardoino, Tether ( USDT ) purchased a net $33.1 billion in U.S. Treasuries last year. This put it ahead of countries like Germany, Canada, and Mexico. In a separate post, Ardoino also noted that Tether’s global presence has grown rapidly, with USDT adoption surpassing 400 million users, mostly in developing nations. As of Mar. 21, USDT leads the stablecoin market with 62.45% of the $230 billion total supply, according to DeFiLlama data . USDT’s market capitalization has hit $143 billion, almost three times the market cap of its rival, Circle’s USD Coin ( USDC ), which stands at $59 billion. Tether’s financial strength was demonstrated last year when it reported a record $13 billion net profit despite regulatory setbacks in Europe. The company issued 23 billion USDT in Q4 alone, contributing to a total issuance of 45 billion USDT in 2024. Tether may encounter difficulties in the U.S. despite its expanding acquisition of U.S. Treasuries. A proposed stablecoin bill could limit offshore issuers from accessing U.S. Treasury markets. U.S.-based competitors like USDC may gain from this bill at the expense of Tether. Nevertheless, Ardoino is still optimistic about Tether’s role in the U.S. Treasury market. During a Mar. 11 event hosted by the Bitcoin Policy Institute, Ardoino made the case that Tether’s investments strengthen and diversify the U.S. debt markets. “We’ve done more for financial inclusion than anyone else,” he said. “And while doing that, we’re buying back U.S. debt. If we were a country, we’d be the 18th largest holder of U.S. Treasuries.” Meanwhile, U.S. President Donald Trump and Treasury Secretary Scott Bessent continue to push for stablecoin-friendly policies, stressing their role in maintaining the dollar’s global dominance. Trump, in a Mar. 20 virtual speech at Blockworks’ Digital Asset Summit, urged Congress to pass clear, common-sense regulations to encourage institutional adoption.

Bitcoin is showing strong signs of recovery, holding above $86,000 and approaching the $90,000 range. Market sentiment is shifting, with traders moving past the bearish phase and into a stage of disbelief. This improved sentiment appears to be linked to the Federal Reserve’s decision to maintain rates. The crypto market reacted positively to the news, with Bitcoin briefly reaching $87K. In an analysis , Sheldon Snipper of the Crypto Banter YouTube channel pointed out the altcoins that could lead the market in this new bullish phase. Snipper stated that Bitcoin is in a strong position, emphasizing that it has not broken through any major bull market support levels or key bottom trend lines. He shared a chart showing that Bitcoin remains above the bull market trend line despite repeated price dips. Essentially, Snipper emphasized that Bitcoin is still 100% in a bull market. Related: Bitcoin Spikes to 87K: This One’s on the Fed for Keeping Rates Steady In his video analysis, Sheldon Snipper discussed the potential for a full-blown altcoin season. He highlighted XRP as one of the more resilient altcoins, currently trading at $2.49. Despite broader market volatility, XRP has held above key support levels. XRP has posted a 7.5% weekly gain, driven by a dramatic surge following news of Ripple’s lawsuit conclusion. Analysts suggest a breakout above $2.70 could trigger further upside movement, potentially pushing XRP toward new cycle highs. From his analysis, SUI is also showing strong bullish momentum, with its sights set on reaching $4–$5 in the near term. Snipper further projected that SUI could eventually hit $7, considering its market cap in relation to Solana. Currently, SUI is trading in the mid-$2 range, priced at approximately $2.45 at the time of this report, reflecting a 3.1% increase over the last day. This level is seen as a potential accumulation opportunity before its next upward move. Ondo is also showing strength, with technical indicators suggesting a potential 40% surge as liquidity builds. Ondo is currently trading at $0.8694, with a minor 0.7% uptick in the past day. Related: Bitcoin Speculative Trading Loses Steam: Is Trump’s Crypto Push to Blame? Sheldon Snipper predicts that if Bitcoin breaks through the $95,000 resistance, it could move toward $110,000–$120,000, with further gains possible in the latter half of the year. He also mentioned that some forecasts suggest this market cycle could push Bitcoin to $200,000, fueled by institutional adoption and increasing retail participation. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.