⚠️Expect big swings in BTC over the next few days $6.4B in Bitcoin options expire this Friday, and positioning leans bullish: 🔸 81,700 BTC contracts expire Friday 🔸 Calls outnumber puts: P/C ratio 0.83 🔸 Max pain sits at $68K, the most painful level for both longs and shorts BTC often gets "pinned" toward max pain at expiry. But with price above $78K, a drop to $68K in two days looks unlikely. Another driver of the big swings: the same day, Kevin Warsh speaks at Jackson Hole for the first time.(BloFin Research)