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FatherOfThree
· 1h ago
No market movement again tonight
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Xiaobaihe
· 3h ago
Good evening, 🌹
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AuspiciousSnowHeralds
· 5h ago
Analysis suggests that the largest options expiration in history could intensify short-term BTC volatility
Data analyst Murphy stated that approximately $23.6 billion worth of Bitcoin options will expire on December 25, marking the largest options expiration in Bitcoin's history. After market makers unwind related hedging positions, the support and resistance levels formed by the options structure may temporarily become ineffective, potentially increasing BTC volatility in the short term until the market's capital structure readjusts.
Murphy pointed out that if BTC retraces to around $80,000 to $82,000, there may be a short-term rebound opportunity. Currently, on a small scale of price and capital influx gradient, bullish divergence signals have appeared, indicating that the downward trend may be corrected and a rebound is needed. Historical data shows that similar signals have often been accompanied by rebound rallies or trend reversals, but the current market sentiment remains bearish, making a rebound more likely.
Good evening, everyone! Market analysis! Thank you all for your support!