Volatility Alert》The largest options expiration in history with $27 billion today triggers a surge, causing Bitcoin to briefly dip below 87,000.Bitcoin hovers around $87,000, with $27 billion in options expiring during the holiday low-liquidity period, and the market is on edge in anticipation.
(Background: The four-year cycle of Bitcoin is dead! Bitwise CIO: The crypto market has entered a ten-year endurance battle)
(Additional context: Galaxy Digital: After adjusting for inflation, Bitcoin has never actually broken above $100,000)
Table of Contents
270,000 options contracts expiring, long and short hedging intertwined
CZ: Early market driven by sentiment
Altcoins diverge, capital shifts to specific themes
The Christmas holiday just ended, and the cryptocurrency market remains cold. Early morning on December 26, Taipei time, Bitcoin (BTC) briefly dipped below $87,000 again, then recovered to $87,282 before press time, down 0.42% in the past 24 hours.
Ethereum
動區BlockTempo·2025-12-26 01:40