Cipher Mining Inc. (CIFR)

CIFR trades at $14.7, 22.5% above the near-term max pain of $12 expiring Oct 10, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($4-$12.5), signaling increased put positioning or downside protection. Key magnetic zone at 12 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CIFR shows a downward trend from 12.5 to 4, indicating bearish sentiment or hedging activity. The 96% spread signals divergent expectations across timeframes. Most levels below 14.7 may cap rallies. Strong magnetic level at 12 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.