---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39278051.md"
description: "Although the crypto market has shown signs of recovery recently, it's still unknown how far the rebound can go after such a prolonged decline. Because crypto has always had liquidity issues, short-term price trends are heavily influenced by options. I've been observing the max pain on the options chain as an auxiliary judgment, and data shows that options expiring on 3.27 with BTC at 75k / ETH at 2.4k are the max pain points.If it can break through, it would be a short squeeze scenario, but it's likely to be difficult. This can be used as a reference.$BitMine Immersion Tech(BMNR.US)$iShares Bitcoin Trust ETF(IBIT.US)$IShares Ethereum Trust ETF(ETHA.US)"
datetime: "2026-03-16T08:36:09.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39278051.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39278051.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39278051.md)
author: "[lyhalfway](https://longbridge.com/en/profiles/3372973.md)"
---

# Although the crypto market has shown signs of reco…


### Related Stocks

- [BTC.US](https://longbridge.com/en/quote/BTC.US.md)
- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md)

## Comments (22)

- **lyhalfway · 2026-03-20T07:53:53.000Z · 👍 1**: This week's progress on crypto regulation exceeded expectations, with clear boundaries set by the SEC and CFTC, laying the administrative groundwork for the implementation of the clear bill. I still believe that before 3.27, both BTC and ETH will approach max pain, and whether they can break through
  - ***烟火声*** (2026-03-20T07:57:33.000Z): Probably have to wait until after the war
- **风风 · 2026-03-16T14:46:31.000Z**: Uncle Yaren (or the respected person) is awesome! I want to buy PLTR, can I wait a bit longer? Thanks.
  - **lyhalfway** (2026-03-16T16:16:09.000Z): Wait a bit, it's just consolidating around 150 now.
  - **风风** (2026-03-16T16:16:53.000Z): Yes, I'm waiting, thank you Uncle Yaren.
- **大宇投资笔记 · 2026-03-16T11:52:59.000Z**: The first two sentences are very important.Encryption is actually picking up in the current scenario....
- ***烟火声* · 2026-03-16T10:24:25.000Z**: How should "max pain" be translated? 🥲
  - **lyhalfway** (2026-03-16T10:30:11.000Z): After breaking through this wall, market makers suffered the most.
  - ***烟火声*** (2026-03-16T10:30:36.000Z): I see👏
- **南明离火 · 2026-03-16T09:41:53.000Z**: ly bro, where can I see this max pain?
  - **lyhalfway** (2026-03-16T09:47:50.000Z): Coinglass
  - **南明离火** (2026-03-16T09:48:10.000Z): Thanks～
- **rechenhh · 2026-03-16T09:09:27.000Z · 👍 1**: Hold the underlying stock and wait patiently!
- **Paul Joseph Goebbel · 2026-03-16T08:58:44.000Z · 👍 5**: Doing day trading every day, currently bmnr is profitable 🥲
  - **lyhalfway** (2026-03-16T09:07:05.000Z): Expert, the volatility of this stock is quite suitable for day trading.
  - **Paul Joseph Goebbel** (2026-03-16T09:14:59.000Z): Yes, the volatility is huge. A lying flat strategy: buy a little when it falls, sell a little when it rises, and just sleep if there's no opportunity💤, whatever happens😅
  - **AguAgu** (2026-03-16T10:36:37.000Z): Day trading with 2x leverage is even more thrilling! 🫨🫨🫨
- **momo（静默版 · 2026-03-16T08:45:28.000Z**: Compared to six months ago, they have all failed.
- **Bullish · 2026-03-16T08:44:08.000Z**: Almost at the top of this wave, but bmnr is a bit disappointing, with gains far less than other crypto and stocks.
  - **lyhalfway** (2026-03-16T08:46:12.000Z): Now it's just beta that follows proportionally, no alpha.
  - **Bullish** (2026-03-16T08:47:37.000Z): Well, it's mainly because the selling pressure is too great; it's better to fall than to rise.