This Christmas Eve, the market looks calm, but in reality, it is the calm before the storm. At 4:00 PM Beijing time on the 26th, a large-scale options settlement is approaching, and Bitcoin and Ethereum are likely to experience rapid surges or drops.

From a technical perspective, BTC has maintained a low-volume state in recent days, with the price firmly stuck oscillating within the 84,000-90,000 range. This extreme sideways consolidation often signals an impending major move.

The game before the settlement is crucial. Large options traders usually use hedging algorithms to suppress the price and prevent early exposure of the market direction. But once the settlement is completed and the locked-in price constraints are instantly released, the market could surge or plummet sharply.

It is worth noting that if rapid 15-minute level fluctuations occur on the 25th and 26th, they are very likely false signals designed to deceive. In such cases, consider taking a contrarian position.

The short position precisely targeted at the 3060 level earlier has already yielded good profits. If you still hold positions, it is recommended to implement risk control and reduce your holdings to lock in profits. The chatroom will continue to monitor new opportunities tonight, with a strategy of going long at low levels and short at high levels, operating steadily.