【Crypto World】It’s time for another test. On December 26th, over $23.6 billion worth of Bitcoin options are set to expire, and the “big pain point” of this round of options just happens to be around $96,000—this price level is critical for both bulls and bears.
The current situation is a bit delicate. The outflow of funds from the US spot Bitcoin ETF has decreased to its lowest point this year, which somewhat reflects a cooling of institutional interest. On the price front, Bitcoin is fluctuating around $87,106, with resistance at $90,647 and support at $83,986.
Honestly, this range is testing patience. Volatility before options expiration is often significant, depending on how institutions operate, and the battle between futures and spot markets is also quietly ongoing. Both bulls and bears are eyeing the critical $96,000 mark—who can take control here might determine the next move.
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retroactive_airdrop
· 21h ago
This level at 96k, feels like the institutions are about to play a round again.
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TrustMeBro
· 21h ago
The 96,000 hurdle, institutions are definitely holding their big moves here.
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ShitcoinArbitrageur
· 21h ago
That critical 96k level is really stuck; institutions are holding back their big moves there.
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StableGeniusDegen
· 21h ago
$96,000? The bulls are about to harvest the leeks again. I don't believe you at all.
The $23.6 billion options test is approaching. Can BTC break through $96,000?
【Crypto World】It’s time for another test. On December 26th, over $23.6 billion worth of Bitcoin options are set to expire, and the “big pain point” of this round of options just happens to be around $96,000—this price level is critical for both bulls and bears.
The current situation is a bit delicate. The outflow of funds from the US spot Bitcoin ETF has decreased to its lowest point this year, which somewhat reflects a cooling of institutional interest. On the price front, Bitcoin is fluctuating around $87,106, with resistance at $90,647 and support at $83,986.
Honestly, this range is testing patience. Volatility before options expiration is often significant, depending on how institutions operate, and the battle between futures and spot markets is also quietly ongoing. Both bulls and bears are eyeing the critical $96,000 mark—who can take control here might determine the next move.