Bitcoin dipped below the $88,000 mark on Monday as the market eyes a massive $28.5 billion options expiration event scheduled for Friday. What's catching traders' attention isn't capitulation selling—instead, most are rolling their defensive hedges forward, signaling cautious rather than panicked positioning. This behavior suggests traders aren't betting on immediate collapse but prefer to maintain downside protection while keeping dry powder for potential opportunities ahead.
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TokenomicsTherapist
· 12h ago
Hmm... With an options pressure of 2.85 billion, everyone is rolling their positions rather than running away. This is actually a signal, right?
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SchroedingerAirdrop
· 12-23 11:50
I find rolling hedging to be quite satisfying, not like that cowardly way of cutting losses and rug pulling.
Bitcoin dipped below the $88,000 mark on Monday as the market eyes a massive $28.5 billion options expiration event scheduled for Friday. What's catching traders' attention isn't capitulation selling—instead, most are rolling their defensive hedges forward, signaling cautious rather than panicked positioning. This behavior suggests traders aren't betting on immediate collapse but prefer to maintain downside protection while keeping dry powder for potential opportunities ahead.