Today, Bitcoin experienced the largest-ever options settlement in history — $23.6 billion worth of contracts expired simultaneously.
During Christmas, the market seemed calm, with BTC consolidating sideways. However, this apparent tranquility is often the calm before the storm. Generally speaking, the price volatility of BTC may significantly increase in the next two or three days.
The key time point is next Monday. After the Christmas holiday ends and Wall Street reopens, institutional funds will re-enter the market. Interestingly, silver and gold have already started to perform strongly, and movements in traditional assets often lead digital assets to follow.
From a technical perspective, BTC is expected to face resistance around 85,000, followed by a rally on Monday and Tuesday. By then, market participation should increase noticeably. This time window is worth paying attention to.
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Rugpull幸存者
· 6h ago
23.6 billion, huh? This settlement is really aggressive. The real highlight will be when Wall Street opens next Monday.
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BlindBoxVictim
· 6h ago
23.6 billion? Feels like spot liquidity isn't even that high... The calm before the storm has returned, and I’ve heard this all before.
Really daring to bet, with Wall Street returning on Monday, are the institutional buyers ready to step in...
Will 85,000 break directly? I think it might be even more pessimistic.
Next Monday is worth watching, but I don’t know whether it will go up or down haha.
During options settlement and such sell-offs, should I really stay away or try to buy the dip... I’m a bit unsure.
Traditional assets driving digital assets? What if gold drops, then? The tricks are all the same.
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OvertimeSquid
· 6h ago
The big settlement of 23.6 billion, this round depends on how Wall Street plays it... Next Monday is the real show.
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TheShibaWhisperer
· 6h ago
23.6 billion? Wow, that's quite a scale. Next Monday, when Wall Street opens, it's going to be a fierce battle.
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ContractFreelancer
· 6h ago
23.6 billion dollars suddenly exploded, Monday on Wall Street is the real opening battle.
Today, Bitcoin experienced the largest-ever options settlement in history — $23.6 billion worth of contracts expired simultaneously.
During Christmas, the market seemed calm, with BTC consolidating sideways. However, this apparent tranquility is often the calm before the storm. Generally speaking, the price volatility of BTC may significantly increase in the next two or three days.
The key time point is next Monday. After the Christmas holiday ends and Wall Street reopens, institutional funds will re-enter the market. Interestingly, silver and gold have already started to perform strongly, and movements in traditional assets often lead digital assets to follow.
From a technical perspective, BTC is expected to face resistance around 85,000, followed by a rally on Monday and Tuesday. By then, market participation should increase noticeably. This time window is worth paying attention to.