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Cryptocurrency analysts predict an imminent collapse of the digital asset market
In the coming days, the cryptocurrency market may face significant volatility due to the expiration of a large number of options(a standard document certifying the right to purchase (sell) an underlying asset under certain conditions in the future, with the price fixed at the time of the conclusion of such a contract or at the time of such acquisition by the decision of the parties to the contract — ed. According to analysts, these are contracts worth more than $ 2 billion, which may affect the price dynamics of both assets.
Particular attention is drawn to the level of strike prices of options, which can determine the future direction of the market. If the price of BTC or ETH approaches important levels, it could trigger mass liquidations or new purchases, increasing the fluctuations in the value of cryptocurrencies.
Experts note that Bitcoin is currently in a consolidation phase, and future changes in demand for options may determine its next move. Ethereum, in turn, is also showing volatility, and traders are closely watching how major players will behave after the contracts are closed.
Despite the potential turbulence, long-term analysts remain optimistic about BTC and ETH. In their opinion, any short-term drops could be an opportunity for profitable purchases before the next market growth.