2025-12-26 03:20:43

#数字资产市场动态 Ethereum Options Expiration Countdown: $6 Billion Scale Coming to a Head

On December 26th at 16:00 Beijing time (UTC+8), this Ethereum options expiration is a major event—$6 billion in scale. What will happen? Let’s look at the data.

**Trader Sentiment**
The number of call options has reached 2.2 times the number of put options, indicating that most traders previously bet on a bullish trend. But what does this mean? Once a correction occurs, these long positions will come under pressure.

**The Key Level of $3,100**
This price point is a bit special—it’s the (Max Pain) point. In simple terms, it’s the price that causes the maximum loss for the most options buyers. Historically, as expiration approaches, the price tends to gravitate toward this point, creating a sort of "magnetic effect."

**The Bull-Bear Divide**
Want to understand the situation clearly? Remember these two numbers:
- Falling below $2,900? Bears will be in the lead.
- Surpassing $3,200? Bulls will have the last laugh.
The range in between is the current tug-of-war zone.

What’s your view? $ETH $BTC $BNB Will there be more pull? Share your thoughts in the comments.

ETH1.29%

BTC1.53%

BNB-0.04%

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AltcoinHunter

· 2h ago

A delivery scale of 6 billion, I bet 3100 will be magnetized... No, I bet I will be trapped. It's the same old Max Pain strategy. I believed it last time and lost big. This time, I'll just watch and see. A 2.2x bullish order sounds very confident from the bulls, so it's dangerous. Actually, what I want to know most is what the big players are doing at this moment. Breaking below 2900 or breaking through 3200, honestly, I'm more afraid of sideways consolidation tormenting us.

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CryptoFortuneTeller

· 2h ago

3100 is such a strange level, it feels like we're about to get cut again.

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PanicSeller

· 2h ago

It's the same 3100 trick again, every time it can trap people... --- 600 million scale? Uh, I only care if my tiny position can survive until delivery --- 2.2x long? Most likely this wave will be a loss, tired of hearing the term magnetic attraction effect --- Is it real? Is 3100 so magical? It just feels like a psychological level --- Break above 3200? Wake up, brother, reality is very harsh --- This article just wants me to chase longs, I won't fall for it --- Both rises and falls are someone’s profit, I’ll just watch the show --- Max Pain is always right, human nature is wrong --- Sounds just like stock market analysis, Web3 still has too many variables

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BearMarketSunriser

· 2h ago

At the moment of 6 billion, the bulls should be crying It's the same old Max Pain script again, is 3100 really that attractive? 2.2x bullish, betting 5 bucks that today will all be wiped out If it falls below 2900, I will go all-in short, anyway, the loss is someone else's money In this round of settlement, no one can expect to walk away unscathed

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Token_Sherpa

· 2h ago

nah the max pain narrative is so overblown tbh... market makers literally don't need price at 3.1k to print money, that's just retail cope

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SudoRm-RfWallet/

· 3h ago

The scale is 6 billion. This time, someone is definitely going to get caught holding the bag. I bet the 3100 level will attract an overwhelming amount of attention.

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