Bit Digital Inc. (BTBT)

BTBT trades at $2.77, 10.8% above the near-term max pain of $2.5 expiring Sep 12, 2025 (3 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2-$3), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 10 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BTBT shows a downward trend from 3 to 2, indicating bearish sentiment or hedging activity. The 39% spread signals divergent expectations across timeframes. Most levels below 2.77 may cap rallies. Strong magnetic level at 3 (10 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.