As we approach the end of 2025, the cryptocurrency market is going through a pivotal phase in terms of liquidity movement and technical trends. Traders are currently noticing that Bitcoin is trading within a range bounded between $85,000 and $90,000. This volatility is not random; it is primarily due to the upcoming expiration of large-scale options contracts$BTC Options Expiry( worth over $23 billion at the end of December, creating a "price magnet" effect that temporarily prevents significant breakouts.

From a technical perspective, the $85,000 level remains the first line of defense for the bulls; holding above it provides positive momentum to attempt testing the psychological $100,000 barrier in early 2026. If this support is broken, we may see deeper corrections due to the usual liquidity shortages during holiday seasons.
Investors should monitor ETF)ETFs( inflows and shifts in market makers' "gamma," as the end of options contract pressures will free the price to move more flexibly. It is always recommended to activate stop-loss orders and manage risk cautiously amid these high volatility conditions.