1) Bitcoin and Ethereum are under short-term bearish pressure
The market is experiencing a decline in the prices of major assets today, with BTC dipping below the $90,000 levels for a while, and ETH also showing a clear retreat โ this is due to market volatility and shifts in investor sentiment recently.
2) Expiration of massive options deals today
Major trading firms are facing the expiration of over $4.5 billion in options contracts on BTC and ETH, which creates pressure on the market in the current session and results in rapid price movements.
3) Regulations and legal frameworks are moving
The US CFTC has withdrawn old rules to update market regulations, and this is an important statement for institutions that may open the door for new products and clearer regulation.
4) Launching new products on Coinbase
Coinbase will soon launch prediction markets and tokenized stocks, which is a step to expand the market and attract new liquidity.
5) Movement in alternative currencies (Altcoins)
Litecoin is seeing activity in hashrate, indicating miner engagement despite the current weak price demand.
Also, XRP is getting institutional trading approval in the US market, enhancing its long-term position.
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๐ Quick reading of market sentiment
๐ธ Volatility and caution
Markets are still under the influence of selling pressure from platforms and external factors โ investor sentiment is cautious in the short term.
๐ธ Entry of new regulations and products
Regulatory news and new releases (such as Prediction Markets) highlight institutional market interest in expansion.
๐ธ Interested in options?
The expiration of options today may trigger additional volatility in the short term.
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๐ง Today's key focus points
โ Bitcoin's support around the 89โ90K$ levels is very important for market stability.
โ If the selling momentum remains strong after the contracts expire, we might see additional pressure on prices.
โ New regulatory products may increase liquidity in the medium term โ especially from institutional investors.
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๐ Opportunity/Risk today
The opportunity: Inconsistency in open positions today increases the likelihood of an immediate rebound (Liquidation-driven bounce).
The risk: If BTC fails to stay above 90K$ after the options expire โ we might witness a deeper sell-off.
