2025-12-26 08:20:23

After the Christmas holiday, the market experienced slight fluctuations, and the crypto market showed a volatile trend today. BTC remains firmly above $87,000 (87,115 USD), with a 24-hour decline of 0.48%. Ethereum appears more exhausted, currently priced at $2,897, with a decline of 1.68%. As a key market indicator, SOL also failed to hold the $120 mark. The total market capitalization of cryptocurrencies fell back to $3.021 trillion, down 0.6% for the day.

Beneath this calm surface, there are underlying currents. Today is a noteworthy day—the largest-ever Bitcoin options expiration. Approximately 300,000 BTC options contracts are set to expire, representing a notional value of $23.7 billion. Combined with Ethereum options, the total expiration scale today reaches $28.5 billion, doubling compared to the same period last year. Such a volume will undoubtedly pose a real test of market volatility.

Meanwhile, altcoins are lively. BIFI surged to $238.4, an astonishing 78% increase in a single day; ZBT followed with a 55.2% rise, now priced at $0.1557; 0G increased by 29.3% to $1.034; ACT and LAYER also gained, rising 16.33% and 13.4%, respectively. This kind of surge distribution hints at chasing gains and panic selling, but it also indicates that active new capital is still seeking opportunities in the market.

The next trend will likely depend on whether this options expiration can be smoothly absorbed. With such a large scale, volatility is inevitable.

BTC-1,03%

SOL-1,59%

BIFIF-1,11%

ZBT-19,08%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

TideReceder

· 8h ago

$28.5 billion options settlement... This wave is really about to stir things up --- BIFI up 78%? Come on, it's just the usual cheer before a dump --- BTC is holding up pretty well, just watching the show --- Altcoins are going crazy like this, I'm actually getting more and more cautious --- The real highlight is after the big orders are settled; now, anyone who dares to buy the dip is a hero --- ETH is so weak, feeling like we need to be careful --- Options settlement doubled? This situation looks a bit risky --- The final frenzy before big funds dump; I bet it's after the settlement

View OriginalReply0

fork_in_the_road

· 8h ago

$28.5 billion settlement? That would be a bloodbath. BIFI up 78%, I need to see if there's an ambush... Can we get through the options settlement? That's really the question. Are mainstream coins this weak? Altcoins are actually bouncing around.

View OriginalReply0

MEVSandwichMaker

· 8h ago

$28.5 billion in deliveries, this isn't a small issue... Wait, altcoins are acting up again, BIFI up 78% in one day? Isn't this a signal of someone taking over the position... BTC is stable, but ETH's fatigue is really a bit hard to watch, it feels like the main event is still to come. With this volume of options deliveries, the market will take three or five days to digest, either rally or crash, depending on who can't hold up.

View OriginalReply0

JustAnotherWallet

· 8h ago

285 billion options explosion pending, this wave is probably going to cause trouble --- BIFI up 78%? Laughing out loud, this round of altcoin explosions is purely gambler mentality --- Waiting to see how today's big delivery will crash the market, feels like it won't be too gentle --- Mainstream coins are still teetering, yet some are疯狂追涨 in altcoins, serves them right for getting trapped --- Large options delivery is a deep game, don't be fooled by the superficial green candles --- SOL falling below 120, is that all? I thought it would be worse --- The market is so strange, seemingly calm on the surface but full of knives underneath --- Altcoins are being aggressively pumped, mostly the whales吸最后一波散户血 --- Options liquidation wave is coming, everyone buckle up --- Crypto still follows the same套路, small corrections before major events, then... you all know

View OriginalReply0

TopBuyerBottomSeller

· 8h ago

$28.5 billion options are about to settle, this wave will surely be bloodshed. --- SOL can't even hold 120, it's really a bit disappointing. --- The surge in altcoins, gamblers are starting to sleepwalk again. --- Options expiration day is the harvest day, those who understand know what it means. --- Someone is already collapsing just because BTC dropped 0.48%? That's just the beginning. --- Major players have probably prepared to profit from this volatility long ago, we're just waiting to be harvested. --- BIFI 78% in one day, I really don't understand this coin, but it seems that those making money aren't posting on Xiaohongshu. --- Under the calm surface, there are turbulent undercurrents, as if from a martial arts novel, but actually it's about an explosion. --- The market cap only dropped 0.6%, which is a good sign, indicating no panic sell-off. --- Are new funds looking for opportunities? Probably just looking for someone to take over.

View OriginalReply0

HashRatePhilosopher

· 8h ago

$28.5 billion options settlement, this is the real test --- Altcoins are surging wildly, be careful with the chasing orders --- Holding BTC above 8.7 is considered successful, but worried about ETH dropping further --- On options settlement day, I bet volatility will exceed expectations --- BIFI up 78% in one day? This pace is a bit suspicious, is it real or fake? --- Large funds have definitely been lurking for a while, just waiting to harvest today --- So is this a bottom rebound or a trap? Unclear series --- If $28.5 billion can't hold it down, things might get even more intense later

View OriginalReply0