Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

Bitcoin's price is notably lower than the $72,000 mark often cited as a "max pain" point, a day before a massive $10 billion options settlement. This departure from the max pain theory suggests that the market dynamics might not follow the traditional expectations where the price tends to hover around the level that maximizes profit for the most open options contracts. The unusual behavior ahead of such a significant options expiry indicates potential shifts in market sentiment and trading strategies, which could have implications for future price movements and options trading.